Nielsen NV (NYSE:NLSN)‘s stock had its “buy” rating reaffirmed by equities research analysts at JPMorgan Chase & Co. in a note issued to investors on Tuesday. They presently have a $64.00 price objective on the stock. JPMorgan Chase & Co.’s target price would indicate a potential upside of 20.41% from the stock’s current price.
NLSN has been the subject of a number of other research reports. Barclays PLC restated a “buy” rating on shares of Nielsen NV in a report on Saturday, July 9th. Pivotal Research reissued a “hold” rating on shares of Nielsen NV in a research report on Tuesday, July 26th. Bank of America Corp. reissued a “buy” rating on shares of Nielsen NV in a research report on Wednesday, June 15th. Macquarie assumed coverage on shares of Nielsen NV in a research report on Thursday, August 25th. They issued an “outperform” rating and a $61.00 price target for the company. Finally, BMO Capital Markets cut shares of Nielsen NV from an “outperform” rating to a “market perform” rating and set a $56.00 price target for the company. in a research report on Friday, July 22nd. They noted that the move was a valuation call. Five equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of $57.13.
Nielsen NV (NYSE:NLSN) opened at 53.15 on Tuesday. The firm’s 50 day moving average price is $52.74 and its 200 day moving average price is $52.82. Nielsen NV has a 12 month low of $42.90 and a 12 month high of $55.94. The stock has a market cap of $18.99 billion, a price-to-earnings ratio of 32.13 and a beta of 0.91.
Nielsen NV (NYSE:NLSN) last released its quarterly earnings data on Tuesday, July 26th. The company reported $0.71 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.71. The company earned $1.60 billion during the quarter, compared to the consensus estimate of $1.61 billion. Nielsen NV had a net margin of 9.71% and a return on equity of 21.08%. Nielsen NV’s quarterly revenue was up 2.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.66 EPS. On average, equities research analysts predict that Nielsen NV will post $2.87 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which was paid on Thursday, September 8th. Stockholders of record on Thursday, August 25th were paid a dividend of $0.31 per share. The ex-dividend date was Tuesday, August 23rd. This represents a $1.24 dividend on an annualized basis and a dividend yield of 2.33%. Nielsen NV’s dividend payout ratio (DPR) is 75.61%.
In other news, CEO Dwight Barns sold 60,136 shares of the business’s stock in a transaction dated Thursday, July 28th. The shares were sold at an average price of $53.75, for a total transaction of $3,232,310.00. Following the transaction, the chief executive officer now directly owns 248,600 shares in the company, valued at $13,362,250. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Giovanni Tavolieri sold 7,883 shares of the business’s stock in a transaction dated Thursday, August 11th. The stock was sold at an average price of $52.76, for a total transaction of $415,907.08. Following the transaction, the insider now owns 21,417 shares in the company, valued at $1,129,960.92. The disclosure for this sale can be found here. Insiders own 1.20% of the company’s stock.
Several hedge funds and other institutional investors have recently modified their holdings of NLSN. Vanguard Group Inc. increased its stake in Nielsen NV by 2.8% in the second quarter. Vanguard Group Inc. now owns 31,101,138 shares of the company’s stock worth $1,616,326,000 after buying an additional 834,315 shares in the last quarter. State Street Corp increased its stake in Nielsen NV by 0.6% in the first quarter. State Street Corp now owns 13,343,984 shares of the company’s stock worth $702,701,000 after buying an additional 80,073 shares in the last quarter. BlackRock Institutional Trust Company N.A. increased its stake in Nielsen NV by 2.1% in the first quarter. BlackRock Institutional Trust Company N.A. now owns 9,641,501 shares of the company’s stock worth $507,721,000 after buying an additional 202,308 shares in the last quarter. Jackson Square Partners LLC increased its stake in Nielsen NV by 724.3% in the first quarter. Jackson Square Partners LLC now owns 9,298,023 shares of the company’s stock worth $556,276,000 after buying an additional 8,169,990 shares in the last quarter. Finally, BlackRock Fund Advisors increased its stake in Nielsen NV by 4.5% in the second quarter. BlackRock Fund Advisors now owns 6,017,326 shares of the company’s stock worth $312,720,000 after buying an additional 261,546 shares in the last quarter. Institutional investors and hedge funds own 92.33% of the company’s stock.
About Nielsen NV
Nielsen N.V. (Nielsen), formerly Nielsen Holdings N.V., is an information and measurement company. The Company is engaged in providing clients with an understanding of consumers and consumer behavior. The Company delivers media and marketing information, and analytics on a global and local basis. Nielsen operates through two business segments: Buy and Watch.
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