Seminole Management Co. Inc. decreased its stake in Nielsen NV (NYSE:NLSN) by 5.2% during the second quarter, Holdings Channel reports. The fund owned 164,968 shares of the company’s stock after selling 9,132 shares during the period. Seminole Management Co. Inc.’s holdings in Nielsen NV were worth $8,573,000 as of its most recent filing with the SEC.
A number of other institutional investors have also bought and sold shares of the company. State Street Corp boosted its position in Nielsen NV by 0.6% in the first quarter. State Street Corp now owns 13,343,984 shares of the company’s stock valued at $702,701,000 after buying an additional 80,073 shares during the last quarter. BlackRock Institutional Trust Company N.A. boosted its position 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 valued at $507,721,000 after buying an additional 202,308 shares during the last quarter. Jackson Square Partners LLC boosted its position 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 valued at $556,276,000 after buying an additional 8,169,990 shares during the last quarter. Alecta Pensionsforsakring Omsesidigt boosted its position in Nielsen NV by 12.5% in the second quarter. Alecta Pensionsforsakring Omsesidigt now owns 5,719,000 shares of the company’s stock valued at $297,159,000 after buying an additional 635,000 shares during the last quarter. Finally, Scharf Investments LLC boosted its position in Nielsen NV by 1.2% in the first quarter. Scharf Investments LLC now owns 4,339,100 shares of the company’s stock valued at $228,497,000 after buying an additional 52,835 shares during the last quarter. Institutional investors and hedge funds own 92.33% of the company’s stock.
Shares of Nielsen NV (NYSE:NLSN) traded up 1.16% on Friday, hitting $53.33. The stock had a trading volume of 2,264,283 shares. Nielsen NV has a 52-week low of $42.90 and a 52-week high of $55.94. The company has a market cap of $19.06 billion, a P/E ratio of 32.24 and a beta of 0.91. The company has a 50-day moving average of $52.72 and a 200-day moving average of $52.77.
Nielsen NV (NYSE:NLSN) last issued its quarterly earnings data on Tuesday, July 26th. The company reported $0.71 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.71. The firm earned $1.60 billion during the quarter, compared to analyst estimates of $1.61 billion. Nielsen NV had a return on equity of 21.08% and a net margin of 9.71%. The business’s quarterly revenue was up 2.4% compared to the same quarter last year. During the same quarter last year, the business posted $0.66 earnings per share. On average, equities analysts anticipate that Nielsen NV will post $2.87 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 8th. Stockholders of record on Thursday, August 25th were given a dividend of $0.31 per share. The ex-dividend date of this dividend was Tuesday, August 23rd. This represents a $1.24 dividend on an annualized basis and a dividend yield of 2.33%. Nielsen NV’s payout ratio is 75.61%.
A number of equities analysts have recently issued reports on the company. Barclays PLC reiterated a “buy” rating on shares of Nielsen NV in a report on Saturday, July 9th. JPMorgan Chase & Co. upped their price objective on Nielsen NV from $60.00 to $64.00 and gave the stock an “overweight” rating in a report on Wednesday, July 27th. Pivotal Research reiterated a “hold” rating on shares of Nielsen NV in a report on Tuesday, July 26th. Bank of America Corp. reiterated a “buy” rating on shares of Nielsen NV in a report on Wednesday, June 15th. Finally, Macquarie assumed coverage on Nielsen NV in a report on Thursday, August 25th. They issued an “outperform” rating and a $61.00 price objective for the company. Five equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. Nielsen NV has an average rating of “Buy” and an average target price of $57.13.
In related news, Director David L. Calhoun sold 577,320 shares of Nielsen NV stock in a transaction dated Tuesday, August 9th. The stock was sold at an average price of $52.93, for a total value of $30,557,547.60. Following the completion of the transaction, the director now owns 1,117,653 shares in the company, valued at $59,157,373.29. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Dwight Barns sold 60,136 shares of Nielsen NV stock in a transaction dated Thursday, July 28th. The stock was sold at an average price of $53.75, for a total value of $3,232,310.00. Following the completion of the transaction, the chief executive officer now owns 248,600 shares of the company’s stock, valued at approximately $13,362,250. The disclosure for this sale can be found here. Insiders own 1.20% of the company’s stock.
Nielsen NV Company Profile
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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