BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp lifted its position in Nielsen Holdings PLC (NYSE:NLSN) by 9.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 120,367 shares of the business services provider’s stock after purchasing an additional 10,389 shares during the quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp’s holdings in Nielsen were worth $2,808,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Bessemer Group Inc. lifted its position in Nielsen by 231.7% during the 4th quarter. Bessemer Group Inc. now owns 1,184 shares of the business services provider’s stock worth $28,000 after acquiring an additional 827 shares during the period. Oregon Public Employees Retirement Fund lifted its position in Nielsen by 2,202.5% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 843,869 shares of the business services provider’s stock worth $36,000 after acquiring an additional 807,219 shares during the period. Enlightenment Research LLC acquired a new stake in Nielsen during the 4th quarter worth approximately $42,000. ETF Managers Group LLC lifted its position in Nielsen by 15.8% during the 4th quarter. ETF Managers Group LLC now owns 4,100 shares of the business services provider’s stock worth $96,000 after acquiring an additional 558 shares during the period. Finally, Ffcm LLC lifted its position in Nielsen by 113.7% during the 4th quarter. Ffcm LLC now owns 4,380 shares of the business services provider’s stock worth $102,000 after acquiring an additional 2,330 shares during the period. 98.99% of the stock is owned by hedge funds and other institutional investors.
A number of analysts have weighed in on the company. BMO Capital Markets increased their price objective on Nielsen from $24.00 to $26.00 and gave the stock a “market perform” rating in a research report on Monday, March 4th. Credit Suisse Group assumed coverage on Nielsen in a research report on Friday, December 7th. They set a “neutral” rating and a $29.00 price objective for the company. Zacks Investment Research raised Nielsen from a “sell” rating to a “hold” rating in a research report on Friday, November 30th. ValuEngine raised Nielsen from a “sell” rating to a “hold” rating in a research report on Tuesday, March 5th. Finally, Morgan Stanley set a $26.00 target price on Nielsen and gave the stock a “buy” rating in a research note on Tuesday, January 8th. Seven investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $28.00.
Shares of NLSN stock opened at $26.95 on Friday. The company has a market cap of $9.62 billion, a PE ratio of 15.58, a price-to-earnings-growth ratio of 1.45 and a beta of 0.90. Nielsen Holdings PLC has a 12-month low of $20.53 and a 12-month high of $34.86. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 2.72.
Nielsen (NYSE:NLSN) last issued its earnings results on Thursday, February 28th. The business services provider reported $0.28 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.51 by ($0.23). The business had revenue of $1.66 billion for the quarter, compared to analysts’ expectations of $1.64 billion. Nielsen had a positive return on equity of 13.68% and a negative net margin of 10.93%. The business’s quarterly revenue was down 5.8% on a year-over-year basis. During the same period last year, the company posted $0.52 earnings per share. On average, equities research analysts expect that Nielsen Holdings PLC will post 1.55 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 21st. Stockholders of record on Thursday, March 7th will be paid a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 5.19%. The ex-dividend date of this dividend is Wednesday, March 6th. Nielsen’s dividend payout ratio (DPR) is 80.92%.
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Nielsen Company Profile
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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