Nielsen NV (NLSN) Given a $61.00 Price Target by Macquarie Analysts
Nielsen NV (NYSE:NLSN) has been given a $61.00 price target by Macquarie in a research note issued to investors on Wednesday. The firm currently has a a “buy” rating on the stock. Macquarie’s price objective would suggest a potential upside of 17.20% from the company’s current price.
NLSN has been the topic of a number of other research reports. Bank of America Corp. reissued a “buy” rating on shares of Nielsen NV in a report on Wednesday, June 15th. JPMorgan Chase & Co. boosted their target price on Nielsen NV from $60.00 to $64.00 and gave the company an “overweight” rating in a report on Wednesday, July 27th. Pivotal Research reissued a “hold” rating on shares of Nielsen NV in a report on Tuesday, July 26th. BMO Capital Markets lowered Nielsen NV from an “outperform” rating to a “market perform” rating and set a $56.00 price objective on the stock. in a report on Friday, July 22nd. They noted that the move was a valuation call. Finally, Barclays PLC reaffirmed a “buy” rating on shares of Nielsen NV in a report on Saturday, July 9th. Five analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of $57.13.
Shares of Nielsen NV (NYSE:NLSN) traded up 0.88% on Wednesday, reaching $52.51. The company’s stock had a trading volume of 1,598,135 shares. The stock has a market capitalization of $18.76 billion, a P/E ratio of 31.75 and a beta of 0.83. The company has a 50 day moving average of $52.74 and a 200 day moving average of $52.91. Nielsen NV has a 1-year low of $42.90 and a 1-year high of $55.94.
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Nielsen NV (NYSE:NLSN) last released its earnings results on Tuesday, July 26th. The company reported $0.71 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.71. The business had revenue of $1.60 billion for the quarter, compared to analyst estimates of $1.61 billion. Nielsen NV had a return on equity of 21.08% and a net margin of 9.71%. The company’s revenue for the quarter was up 2.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.66 earnings per share. Equities research analysts expect that Nielsen NV will post $2.87 earnings per share for the current fiscal year.
In related news, Director David L. Calhoun sold 105,441 shares of the stock in a transaction dated Thursday, August 4th. The stock was sold at an average price of $52.97, for a total transaction of $5,585,209.77. Following the transaction, the director now directly owns 941,446 shares in the company, valued at $49,868,394.62. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Giovanni Tavolieri sold 7,883 shares of the stock in a transaction dated Thursday, August 11th. The stock was sold at an average price of $52.76, for a total value of $415,907.08. Following the transaction, the insider now owns 21,417 shares in the company, valued at $1,129,960.92. The disclosure for this sale can be found here. 1.20% of the stock is owned by insiders.
A number of institutional investors have recently added to or reduced their stakes in the company. Jackson Square Partners LLC increased its position in Nielsen NV by 724.3% in the first quarter. Jackson Square Partners LLC now owns 9,298,023 shares of the company’s stock valued at $556,276,000 after buying an additional 8,169,990 shares during the period. Mariner Wealth Advisors LLC acquired a new position in Nielsen NV during the first quarter valued at $252,000. Geode Capital Management LLC increased its position in Nielsen NV by 1.2% in the first quarter. Geode Capital Management LLC now owns 2,907,981 shares of the company’s stock valued at $152,824,000 after buying an additional 34,259 shares during the period. Riverhead Capital Management LLC increased its position in Nielsen NV by 169.3% in the first quarter. Riverhead Capital Management LLC now owns 321,554 shares of the company’s stock valued at $16,933,000 after buying an additional 202,134 shares during the period. Finally, State Street Corp increased its position in Nielsen NV by 0.6% in the first quarter. State Street Corp now owns 13,343,984 shares of the company’s stock valued at $702,701,000 after buying an additional 80,073 shares during the period. Hedge funds and other institutional investors own 92.33% of the company’s stock.
Nielsen NV 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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