BMO Capital Markets Cuts Nielsen (NLSN) Price Target to $38.00

Nielsen (NYSE:NLSN) had its price target decreased by research analysts at BMO Capital Markets from $40.00 to $38.00 in a research report issued to clients and investors on Monday. The brokerage currently has a “market perform” rating on the business services provider’s stock. BMO Capital Markets’ price objective indicates a potential upside of 13.74% from the company’s previous close.

Several other research firms also recently commented on NLSN. Cantor Fitzgerald reissued a “hold” rating and issued a $45.00 price objective on shares of Nielsen in a research note on Monday, October 23rd. Zacks Investment Research downgraded Nielsen from a “hold” rating to a “sell” rating in a research note on Friday, October 27th. Needham & Company LLC reissued a “buy” rating on shares of Nielsen in a research note on Friday, October 27th. Credit Suisse Group dropped their target price on Nielsen from $47.00 to $46.00 and set an “outperform” rating for the company in a report on Thursday, October 26th. Finally, Morgan Stanley dropped their target price on Nielsen from $50.00 to $49.00 and set an “overweight” rating for the company in a report on Thursday, October 26th. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and nine have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $42.59.

Shares of Nielsen (NYSE NLSN) traded down $0.29 during mid-day trading on Monday, hitting $33.41. The stock had a trading volume of 5,493,940 shares, compared to its average volume of 4,388,887. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 1.88. The firm has a market cap of $12,018.91, a P/E ratio of 27.85, a price-to-earnings-growth ratio of 1.73 and a beta of 0.91. Nielsen has a twelve month low of $32.95 and a twelve month high of $45.73.

Nielsen (NYSE:NLSN) last posted its quarterly earnings data on Thursday, February 8th. The business services provider reported $0.71 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.75 by ($0.04). Nielsen had a net margin of 6.53% and a return on equity of 16.79%. The firm had revenue of $1.76 billion during the quarter, compared to analyst estimates of $1.76 billion. During the same period in the prior year, the company posted $0.44 earnings per share. The firm’s revenue for the quarter was up 6.3% compared to the same quarter last year. research analysts forecast that Nielsen will post 2.43 EPS for the current year.

In other news, CFO Jamere Jackson sold 16,000 shares of the stock in a transaction on Thursday, December 14th. The stock was sold at an average price of $36.30, for a total transaction of $580,800.00. Following the completion of the transaction, the chief financial officer now directly owns 93,138 shares in the company, valued at approximately $3,380,909.40. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Dwight Barns purchased 13,631 shares of the stock in a transaction dated Friday, December 1st. The shares were acquired at an average price of $36.86 per share, with a total value of $502,438.66. The disclosure for this purchase can be found here. Corporate insiders own 0.67% of the company’s stock.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Cable Hill Partners LLC purchased a new position in Nielsen during the 3rd quarter valued at about $116,000. YorkBridge Wealth Partners LLC boosted its holdings in Nielsen by 3,670.1% during the 3rd quarter. YorkBridge Wealth Partners LLC now owns 3,280 shares of the business services provider’s stock valued at $136,000 after acquiring an additional 3,193 shares during the period. IFP Advisors Inc boosted its holdings in Nielsen by 133.5% during the 3rd quarter. IFP Advisors Inc now owns 3,605 shares of the business services provider’s stock valued at $149,000 after acquiring an additional 2,061 shares during the period. Advisor Group Inc. boosted its holdings in Nielsen by 26.6% during the 2nd quarter. Advisor Group Inc. now owns 4,028 shares of the business services provider’s stock valued at $156,000 after acquiring an additional 847 shares during the period. Finally, Tower Research Capital LLC TRC boosted its holdings in 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 valued at $159,000 after acquiring an additional 4,205 shares during the period. Institutional investors and hedge funds own 97.86% of the company’s stock.

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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.

Analyst Recommendations for Nielsen (NYSE:NLSN)

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