Nielsen (NLSN) Stock Rating Reaffirmed by SunTrust Banks

Nielsen (NYSE:NLSN)‘s stock had its “buy” rating reaffirmed by analysts at SunTrust Banks in a research report issued on Wednesday, Marketbeat.com reports. They presently have a $38.00 target price on the business services provider’s stock, down from their prior target price of $42.00. SunTrust Banks’ price target indicates a potential upside of 15.54% from the company’s previous close.

A number of other research firms have also recently weighed in on NLSN. Cantor Fitzgerald reaffirmed a “hold” rating and set a $45.00 price objective on shares of Nielsen in a research report on Monday, October 23rd. Zacks Investment Research cut Nielsen from a “hold” rating to a “sell” rating in a research report on Friday, October 27th. Needham & Company LLC reaffirmed a “buy” rating on shares of Nielsen in a research report on Friday, October 27th. Morgan Stanley decreased their price objective on Nielsen from $50.00 to $49.00 and set an “overweight” rating for the company in a research report on Thursday, October 26th. Finally, Credit Suisse Group cut their target price on Nielsen from $47.00 to $46.00 and set an “outperform” rating for the company in a research note on Thursday, October 26th. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and nine have assigned a buy rating to the company. Nielsen has a consensus rating of “Hold” and an average price target of $42.35.

Shares of Nielsen (NYSE NLSN) traded down $0.17 during midday trading on Wednesday, hitting $32.89. The company had a trading volume of 3,940,078 shares, compared to its average volume of 4,591,236. The firm has a market cap of $11,983.24, a PE ratio of 27.09, a PEG ratio of 1.69 and a beta of 0.91. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 1.88. Nielsen has a 1 year low of $32.33 and a 1 year high of $45.73.

Nielsen (NYSE:NLSN) last announced its earnings results on Thursday, February 8th. The business services provider reported $0.71 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.75 by ($0.04). The firm had revenue of $1.76 billion during the quarter, compared to analyst estimates of $1.76 billion. Nielsen had a net margin of 6.53% and a return on equity of 16.79%. The firm’s revenue for the quarter was up 6.3% compared to the same quarter last year. During the same period last year, the company earned $0.44 earnings per share. research analysts forecast that Nielsen will post 2.49 EPS for the current year.

In related news, SVP Jeffrey Charlton sold 3,080 shares of the firm’s stock in a transaction that occurred on Tuesday, November 21st. The stock was sold at an average price of $36.01, for a total value of $110,910.80. Following the completion of the transaction, the senior vice president now directly owns 10,100 shares of the company’s stock, valued at approximately $363,701. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Dwight Barns acquired 13,631 shares of the company’s stock in a transaction that occurred on Friday, December 1st. The stock was purchased at an average cost of $36.86 per share, with a total value of $502,438.66. The disclosure for this purchase can be found here. Company 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 stock. Guggenheim Capital LLC increased its position in Nielsen by 4.9% during the fourth quarter. Guggenheim Capital LLC now owns 943,941 shares of the business services provider’s stock worth $34,358,000 after buying an additional 43,798 shares in the last quarter. Deutsche Bank AG boosted its holdings in shares of Nielsen by 0.5% during the fourth quarter. Deutsche Bank AG now owns 511,351 shares of the business services provider’s stock worth $18,609,000 after purchasing an additional 2,321 shares during the last quarter. Virtue Capital Management LLC acquired a new stake in shares of Nielsen during the fourth quarter worth $662,000. Jefferies Group LLC acquired a new stake in shares of Nielsen during the fourth quarter worth $6,796,000. Finally, Advisor Group Inc. boosted its holdings in shares of Nielsen by 352.9% during the fourth quarter. Advisor Group Inc. now owns 21,247 shares of the business services provider’s stock worth $774,000 after purchasing an additional 16,556 shares during the last quarter. 97.86% of the stock is owned by hedge funds and other institutional investors.

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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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