Lateef Investment Management L.P. lowered its holdings in shares of Nielsen N.V. (NYSE:NLSN) by 9.2% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 786,167 shares of the business services provider’s stock after selling 79,307 shares during the period. Nielsen comprises 2.7% of Lateef Investment Management L.P.’s holdings, making the stock its 16th largest holding. Lateef Investment Management L.P. owned about 0.22% of Nielsen worth $28,616,000 as of its most recent SEC filing.
Several other hedge funds have also added to or reduced their stakes in NLSN. Mackenzie Financial Corp raised its stake in shares of Nielsen by 244.3% during the fourth quarter. Mackenzie Financial Corp now owns 6,116,264 shares of the business services provider’s stock valued at $222,632,000 after acquiring an additional 4,339,943 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC raised its stake in shares of Nielsen by 72.9% during the fourth quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 10,221,478 shares of the business services provider’s stock valued at $372,062,000 after acquiring an additional 4,310,880 shares during the last quarter. Parnassus Investments CA raised its stake in shares of Nielsen by 107.5% during the fourth quarter. Parnassus Investments CA now owns 5,187,500 shares of the business services provider’s stock valued at $188,825,000 after acquiring an additional 2,687,500 shares during the last quarter. Vontobel Asset Management Inc. raised its stake in shares of Nielsen by 51.2% during the fourth quarter. Vontobel Asset Management Inc. now owns 6,898,520 shares of the business services provider’s stock valued at $257,335,000 after acquiring an additional 2,334,866 shares during the last quarter. Finally, Hamlin Capital Management LLC bought a new position in shares of Nielsen during the fourth quarter valued at $69,076,000. 98.08% of the stock is owned by hedge funds and other institutional investors.
Several equities analysts have recently issued reports on NLSN shares. Robert W. Baird raised shares of Nielsen from a “neutral” rating to an “outperform” rating in a research note on Monday, January 8th. SunTrust Banks reissued a “buy” rating and set a $38.00 target price (down previously from $42.00) on shares of Nielsen in a research note on Wednesday, February 14th. Citigroup raised shares of Nielsen from a “neutral” rating to a “buy” rating and set a $45.00 target price for the company in a research note on Friday, November 17th. BMO Capital Markets reissued a “hold” rating on shares of Nielsen in a research note on Sunday, November 12th. Finally, Zacks Investment Research downgraded shares of Nielsen from a “hold” rating to a “sell” rating in a research note on Tuesday, December 26th. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and eight have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $41.88.
Shares of Nielsen N.V. (NYSE:NLSN) opened at $33.41 on Monday. Nielsen N.V. has a 52 week low of $31.90 and a 52 week high of $44.55. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 1.88. The firm has a market cap of $11,920.00, a price-to-earnings ratio of 27.84, a price-to-earnings-growth ratio of 1.66 and a beta of 0.99.
Nielsen (NYSE:NLSN) last posted its quarterly earnings results on Thursday, February 8th. The business services provider reported $0.71 earnings per share for the quarter, missing the 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 company had revenue of $1.76 billion during the quarter, compared to the consensus estimate of $1.76 billion. During the same period last year, the firm posted $0.44 earnings per share. The company’s revenue for the quarter was up 6.3% on a year-over-year basis. equities research analysts predict that Nielsen N.V. will post 2.52 EPS for the current year.
The business also recently declared a quarterly dividend, which will be paid on Wednesday, March 21st. Shareholders of record on Wednesday, March 7th will be paid a $0.34 dividend. This represents a $1.36 annualized dividend and a yield of 4.07%. The ex-dividend date is Tuesday, March 6th. Nielsen’s dividend payout ratio (DPR) is currently 113.33%.
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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.
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