Nielsen NV (NYSE:NLSN) Given Average Recommendation of “Buy” by Brokerages
Shares of Nielsen NV (NYSE:NLSN) have received an average rating of “Buy” from the seventeen research firms that are currently covering the firm. Five equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating on the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $58.23.
NLSN has been the subject of a number of recent research reports. BMO Capital Markets downgraded shares of Nielsen NV from an “outperform” rating to a “market perform” rating and set a $56.00 price target for the company. in a research note on Friday, July 22nd. They noted that the move was a valuation call. Macquarie initiated coverage on shares of Nielsen NV in a research note on Thursday, August 25th. They issued an “outperform” rating and a $61.00 price target for the company. JPMorgan Chase & Co. lifted their price target on shares of Nielsen NV from $60.00 to $64.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 27th. Bank of America Corp. reiterated a “buy” rating on shares of Nielsen NV in a research note on Wednesday, June 15th. Finally, Pivotal Research reiterated a “hold” rating on shares of Nielsen NV in a research note on Tuesday, July 26th.
In other Nielsen NV news, CEO Dwight Barns sold 60,136 shares of the business’s stock in a transaction on Thursday, July 28th. The shares were sold at an average price of $53.75, for a total value of $3,232,310.00. Following the transaction, the chief executive officer now directly owns 248,600 shares of the company’s stock, valued at approximately $13,362,250. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director David L. Calhoun sold 105,441 shares of the business’s stock in a transaction on Thursday, August 4th. The shares were sold at an average price of $52.97, for a total transaction of $5,585,209.77. Following the completion of the transaction, the director now directly owns 941,446 shares in the company, valued at $49,868,394.62. The disclosure for this sale can be found here. 1.20% of the stock is currently owned by company insiders.
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A number of institutional investors have recently made changes to their positions in NLSN. Pinkerton Retirement Specialists LLC purchased a new position in shares of Nielsen NV during the second quarter valued at about $141,000. Advisor Group Inc. bought a new position in Nielsen NV during the second quarter worth $151,000. Creative Planning boosted its position in 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 boosted its position in 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. Finally, Point72 Asia Hong Kong Ltd boosted its position in Nielsen NV by 12.5% in the second quarter. Point72 Asia Hong Kong Ltd now owns 3,600 shares of the company’s stock worth $187,000 after buying an additional 400 shares during the period. 92.33% of the stock is currently owned by institutional investors.
Shares of Nielsen NV (NYSE:NLSN) traded down 0.84% on Wednesday, reaching $51.97. 658,453 shares of the company’s stock were exchanged. The firm has a market capitalization of $18.57 billion, a P/E ratio of 31.42 and a beta of 0.91. Nielsen NV has a one year low of $42.90 and a one year high of $55.94. The firm has a 50 day moving average of $52.76 and a 200 day moving average of $52.77.
Nielsen NV (NYSE:NLSN) last posted its quarterly earnings data on Tuesday, July 26th. The company reported $0.71 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.71. Nielsen NV had a net margin of 9.71% and a return on equity of 21.08%. The business earned $1.60 billion during the quarter, compared to analyst estimates of $1.61 billion. During the same quarter last year, the firm posted $0.66 earnings per share. The business’s revenue for the quarter was up 2.4% compared to the same quarter last year. On average, equities research analysts predict that Nielsen NV will post $2.87 EPS for the current year.
The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 8th. Shareholders of record on Thursday, August 25th were paid a $0.31 dividend. The ex-dividend date was Tuesday, August 23rd. This represents a $1.24 annualized dividend and a yield of 2.37%. Nielsen NV’s dividend payout ratio is currently 75.61%.
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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