Nielsen (NLSN) Bonds Trading 0.8% Higher

An issue of Nielsen N.V. (NYSE:NLSN) bonds rose 0.8% as a percentage of their face value during trading on Tuesday. The high-yield issue of debt has a 5% coupon and will mature on February 1, 2025. The bonds in the issue are now trading at $104.13 and were trading at $103.72 one week ago. Price moves in a company’s bonds in credit markets sometimes anticipate parallel moves in its share price.

A number of research analysts have issued reports on NLSN shares. Needham & Company LLC restated a “buy” rating and set a $55.00 target price on shares of Nielsen in a research report on Tuesday, September 12th. BidaskClub upgraded shares of Nielsen from a “hold” rating to a “buy” rating in a research report on Wednesday, September 27th. SunTrust Banks restated a “buy” rating and set a $42.00 target price on shares of Nielsen in a research report on Friday, November 10th. Citigroup upgraded shares of Nielsen from a “neutral” rating to a “buy” rating and set a $45.00 price target on the stock in a research report on Friday, November 17th. Finally, Pivotal Research reiterated a “hold” rating and issued a $38.00 price target on shares of Nielsen in a research report on Sunday, September 10th. Three research analysts have rated the stock with a sell rating, six have issued a hold rating and eight have given a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of $43.60.

Shares of Nielsen N.V. (NYSE NLSN) traded down $0.33 during mid-day trading on Tuesday, reaching $36.21. 1,897,739 shares of the company’s stock traded hands, compared to its average volume of 2,977,612. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 1.88. The firm has a market cap of $13,014.38, a P/E ratio of 25.50, a P/E/G ratio of 1.73 and a beta of 0.94. Nielsen N.V. has a 52-week low of $34.22 and a 52-week high of $45.73.

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 5th. Shareholders of record on Tuesday, November 21st were issued a dividend of $0.34 per share. The ex-dividend date was Monday, November 20th. This represents a $1.36 annualized dividend and a yield of 3.76%. Nielsen’s dividend payout ratio (DPR) is currently 95.78%.

In other news, SVP Jeffrey Charlton sold 3,080 shares of the firm’s stock in a transaction that occurred on Tuesday, November 21st. The shares were sold at an average price of $36.01, for a total transaction of $110,910.80. Following the completion of the transaction, the senior vice president now directly owns 10,100 shares of the company’s stock, valued at approximately $363,701. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Luca Guerrino De purchased 1,369 shares of the firm’s stock in a transaction dated Monday, November 13th. The shares were acquired at an average cost of $36.54 per share, with a total value of $50,023.26. The disclosure for this purchase can be found here. Company insiders own 0.67% of the company’s stock.

Institutional investors and hedge funds have recently modified their holdings of the company. Capital Research Global Investors grew its stake in shares of Nielsen by 21.2% in the second quarter. Capital Research Global Investors now owns 38,007,292 shares of the business services provider’s stock valued at $1,469,362,000 after buying an additional 6,648,088 shares in the last quarter. FMR LLC grew its stake in shares of Nielsen by 274.4% in the second quarter. FMR LLC now owns 3,952,896 shares of the business services provider’s stock valued at $152,819,000 after buying an additional 2,897,137 shares in the last quarter. The Manufacturers Life Insurance Company grew its stake in shares of Nielsen by 143.0% in the second quarter. The Manufacturers Life Insurance Company now owns 4,877,253 shares of the business services provider’s stock valued at $188,555,000 after buying an additional 2,870,282 shares in the last quarter. Parnassus Investments CA bought a new position in shares of Nielsen in the third quarter valued at $103,625,000. Finally, Point72 Asset Management L.P. bought a new position in shares of Nielsen in the third quarter valued at $74,116,000. 95.62% of the stock is owned by institutional investors.

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Nielsen 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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