Nielsen Hldg EVP Sells $1,280,298 in Stock (NLSN)
Nielsen Hldg (NASDAQ:NLSN) EVP Itzhak Fisher unloaded 26,835 shares of the company’s stock on the open market in a transaction that occurred on Monday, July 28th. The shares were sold at an average price of $47.71, for a total transaction of $1,280,297.85. Following the completion of the sale, the executive vice president now directly owns 102,980 shares in the company, valued at approximately $4,913,176. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.
NLSN has been the subject of a number of recent research reports. Analysts at RBC Capital raised their price target on shares of Nielsen Hldg from $49.00 to $52.00 in a research note on Wednesday. They now have an “outperform” rating on the stock. Separately, analysts at Pivotal Research downgraded shares of Nielsen Hldg from a “buy” rating to a “hold” rating in a research note on Thursday, July 17th. They noted that the move was a valuation call. Finally, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Nielsen Hldg in a research note on Thursday, June 19th. They now have a $53.00 price target on the stock, up previously from $51.00. One analyst has rated the stock with a sell rating, six have issued a hold rating and ten have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of $45.11.
Nielsen Hldg (NASDAQ:NLSN) traded up 0.10% during mid-day trading on Wednesday, hitting $47.275. 1,693,475 shares of the company’s stock traded hands. Nielsen Hldg has a one year low of $32.40 and a one year high of $49.61. The stock’s 50-day moving average is $48.12 and its 200-day moving average is $46.1. The company has a market cap of $17.913 billion and a P/E ratio of 23.73.
Nielsen Hldg (NASDAQ:NLSN) last announced its earnings results on Tuesday, July 29th. The company reported $0.62 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.61 by $0.01. The company had revenue of $1.59 billion for the quarter, compared to the consensus estimate of $1.57 billion. During the same quarter last year, the company posted $0.49 earnings per share. Nielsen Hldg’s revenue was up 15.0% compared to the same quarter last year. On average, analysts predict that Nielsen Hldg will post $2.51 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Thursday, September 11th. Shareholders of record on Thursday, August 28th will be paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 2.12%.
Nielsen Holdings NV is a Netherlands-based company engaged in information and measurement services. The Company, together with its subsidiaries, delivers media and marketing information, and analytics on a global and local basis.
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