Westpac Banking Corp increased its position in Nielsen NV (NYSE:NLSN) by 20.1% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 25,255 shares of the company’s stock after buying an additional 4,218 shares during the period. Westpac Banking Corp’s holdings in Nielsen NV were worth $1,236,000 as of its most recent filing with the SEC.
Other hedge funds also recently modified their holdings of the company. Creative Planning increased its stake in shares of Nielsen NV by 300.3% in the second quarter. Creative Planning now owns 3,082 shares of the company’s stock worth $160,000 after buying an additional 2,312 shares during the period. Global X Management Co. LLC increased its stake in shares of Nielsen NV by 12.8% in the second quarter. Global X Management Co. LLC now owns 3,343 shares of the company’s stock worth $174,000 after buying an additional 380 shares during the period. Torray LLC bought a new stake in shares of Nielsen NV during the second quarter worth about $211,000. BlueMountain Capital Management LLC bought a new stake in shares of Nielsen NV during the first quarter worth about $233,000. Finally, Janney Montgomery Scott LLC bought a new stake in shares of Nielsen NV during the second quarter worth about $206,000. 92.33% of the stock is owned by institutional investors and hedge funds.
Shares of Nielsen NV (NYSE:NLSN) opened at 53.57 on Friday. The company’s 50-day moving average price is $52.82 and its 200 day moving average price is $52.87. Nielsen NV has a 1-year low of $42.90 and a 1-year high of $55.94. The stock has a market cap of $19.14 billion, a PE ratio of 32.39 and a beta of 0.91.
Nielsen NV (NYSE:NLSN) last issued its quarterly earnings results on Tuesday, July 26th. The company reported $0.71 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.71. Nielsen NV had a return on equity of 21.08% and a net margin of 9.71%. The company had revenue of $1.60 billion for the quarter, compared to analysts’ expectations of $1.61 billion. During the same period last year, the firm earned $0.66 EPS. The firm’s revenue for the quarter was up 2.4% on a year-over-year basis. Equities analysts forecast 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 given a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a dividend yield of 2.31%. The ex-dividend date was Tuesday, August 23rd. Nielsen NV’s dividend payout ratio (DPR) is presently 75.61%.
NLSN has been the subject of a number of recent analyst reports. Barclays PLC reissued a “buy” rating on shares of Nielsen NV in a research report on Saturday, July 9th. Cantor Fitzgerald initiated coverage on Nielsen NV in a research report on Thursday, September 15th. They set a “hold” rating and a $57.00 price objective for the company. 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. Finally, Macquarie initiated coverage on Nielsen NV in a research report on Thursday, August 25th. They set an “outperform” rating and a $61.00 price objective for the company. Five analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $57.13.
In other news, CEO Dwight Barns sold 60,136 shares of Nielsen NV stock in a transaction on Thursday, July 28th. The stock was 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 approximately $13,362,250. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director David L. Calhoun sold 577,320 shares of Nielsen NV stock in a transaction on Tuesday, August 9th. The shares were sold at an average price of $52.93, for a total value of $30,557,547.60. Following the transaction, the director now owns 1,117,653 shares in the company, valued at $59,157,373.29. The disclosure for this sale can be found here. Insiders own 1.20% 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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