S&T Bank PA lifted its stake in shares of Nielsen Holdings PLC (NYSE:NLSN) by 7.7% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 93,247 shares of the business services provider’s stock after buying an additional 6,661 shares during the quarter. S&T Bank PA’s holdings in Nielsen were worth $2,579,000 as of its most recent filing with the SEC.
A number of other hedge funds have also bought and sold shares of NLSN. River Road Asset Management LLC increased its holdings in shares of Nielsen by 35.9% during the third quarter. River Road Asset Management LLC now owns 1,999,046 shares of the business services provider’s stock worth $55,294,000 after buying an additional 527,936 shares in the last quarter. FMR LLC grew its position in shares of Nielsen by 135.2% during the 2nd quarter. FMR LLC now owns 21,740,698 shares of the business services provider’s stock valued at $672,439,000 after acquiring an additional 12,496,283 shares during the period. ING Groep NV bought a new stake in Nielsen in the 2nd quarter valued at about $465,000. Northern Trust Corp boosted its holdings in Nielsen by 5.2% in the 2nd quarter. Northern Trust Corp now owns 3,997,795 shares of the business services provider’s stock worth $123,652,000 after buying an additional 198,492 shares during the period. Finally, Swiss National Bank boosted its holdings in Nielsen by 3.4% in the 2nd quarter. Swiss National Bank now owns 1,178,361 shares of the business services provider’s stock worth $36,447,000 after buying an additional 38,800 shares during the period.
Several research analysts have commented on the stock. Zacks Investment Research raised shares of Nielsen from a “sell” rating to a “hold” rating in a report on Friday. ValuEngine raised shares of Nielsen from a “strong sell” rating to a “sell” rating in a report on Monday, October 22nd. Morgan Stanley set a $27.00 price target on shares of Nielsen and gave the company a “buy” rating in a report on Thursday, September 13th. Citigroup cut their price target on shares of Nielsen from $41.00 to $29.00 and set a “buy” rating for the company in a report on Monday, August 20th. Finally, Pivotal Research downgraded shares of Nielsen from a “buy” rating to a “hold” rating and set a $27.00 price target for the company. in a report on Wednesday, August 15th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and seven have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $29.67.
Shares of Nielsen stock traded down $0.03 on Friday, hitting $27.12. 61,919 shares of the company traded hands, compared to its average volume of 3,199,611. The company has a debt-to-equity ratio of 1.97, a quick ratio of 1.14 and a current ratio of 1.14. The stock has a market cap of $9.27 billion, a P/E ratio of 12.86, a price-to-earnings-growth ratio of 1.41 and a beta of 0.88. Nielsen Holdings PLC has a 12-month low of $20.53 and a 12-month high of $39.25.
Nielsen (NYSE:NLSN) last posted its quarterly earnings data on Thursday, October 25th. The business services provider reported $0.27 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.25 by $0.02. The firm had revenue of $1.60 billion for the quarter, compared to analysts’ expectations of $1.58 billion. Nielsen had a net margin of 4.85% and a return on equity of 14.56%. On average, analysts predict that Nielsen Holdings PLC will post 1.95 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 5th. Stockholders of record on Wednesday, November 21st will be given a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a dividend yield of 5.16%. The ex-dividend date of this dividend is Tuesday, November 20th. Nielsen’s dividend payout ratio (DPR) is currently 66.35%.
Nielsen Holdings plc, together with its subsidiaries, operates as an information and measurement company. It operates through Buy and Watch segments. The company provides media and marketing information, analytics, and manufacturer and retailer expertise about what and where consumers buy, read, watch, and listen.
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