Commerzbank Aktiengesellschaft FI raised its holdings in shares of Nielsen Holdings (NYSE:NLSN) by 71.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 21,188 shares of the business services provider’s stock after acquiring an additional 8,817 shares during the quarter. Commerzbank Aktiengesellschaft FI’s holdings in Nielsen were worth $674,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors have also modified their holdings of NLSN. Tower Research Capital LLC TRC boosted its stake in shares of Nielsen by 2,712.9% during the 4th quarter. Tower Research Capital LLC TRC now owns 4,360 shares of the business services provider’s stock worth $159,000 after acquiring an additional 4,205 shares during the last quarter. Sciencast Management LP purchased a new position in shares of Nielsen during the 4th quarter worth $200,000. Creative Planning purchased a new position in shares of Nielsen during the 4th quarter worth $204,000. Quantitative Systematic Strategies LLC purchased a new position in shares of Nielsen during the 4th quarter worth $208,000. Finally, First Allied Advisory Services Inc. purchased a new position in shares of Nielsen during the 4th quarter worth $224,000. Institutional investors and hedge funds own 92.43% of the company’s stock.
In other news, Director Robert C. Pozen sold 12,210 shares of the business’s stock in a transaction dated Friday, April 27th. The shares were sold at an average price of $31.96, for a total value of $390,231.60. Following the sale, the director now directly owns 224,012 shares in the company, valued at approximately $7,159,423.52. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Jamere Jackson sold 19,000 shares of the business’s stock in a transaction dated Thursday, March 8th. The stock was sold at an average price of $32.97, for a total transaction of $626,430.00. Following the completion of the sale, the chief financial officer now owns 81,848 shares in the company, valued at $2,698,528.56. The disclosure for this sale can be found here. Insiders own 0.35% of the company’s stock.
Nielsen (NYSE:NLSN) last announced its quarterly earnings results on Thursday, April 26th. The business services provider reported $0.20 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.24). The company had revenue of $1.61 billion during the quarter, compared to the consensus estimate of $1.61 billion. Nielsen had a net margin of 6.46% and a return on equity of 16.45%. The business’s revenue was up 5.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.20 earnings per share. equities analysts forecast that Nielsen Holdings will post 2.48 earnings per share for the current year.
The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 20th. Shareholders of record on Wednesday, June 6th will be issued a $0.35 dividend. This is an increase from Nielsen’s previous quarterly dividend of $0.34. This represents a $1.40 dividend on an annualized basis and a yield of 4.50%. The ex-dividend date of this dividend is Tuesday, June 5th. Nielsen’s payout ratio is currently 64.45%.
Several research analysts have recently weighed in on the stock. Barclays reiterated a “sell” rating and set a $35.00 price target on shares of Nielsen in a research note on Friday, April 27th. Morgan Stanley dropped their price target on shares of Nielsen from $46.00 to $40.00 and set an “overweight” rating on the stock in a research note on Monday, April 30th. ValuEngine cut shares of Nielsen from a “sell” rating to a “strong sell” rating in a research note on Wednesday, May 2nd. BMO Capital Markets upgraded shares of Nielsen from a “market perform” rating to an “outperform” rating and set a $38.00 price objective on the stock in a research report on Monday, April 16th. They noted that the move was a valuation call. Finally, Pivotal Research restated a “hold” rating and set a $35.00 price objective on shares of Nielsen in a research report on Thursday, April 26th. Three analysts have rated the stock with a sell rating, six have given a hold rating and nine have given a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $40.93.
Nielsen Company Profile
Nielsen Holdings plc, together with its subsidiaries, operates as an information and measurement company. It operates through Buy and Watch segments. The company provides media and marketing information, analytics, and manufacturer and retailer expertise about what and where consumers buy, read, watch, and listen.
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