BMO Capital Markets reissued their hold rating on shares of Nielsen N.V. (NYSE:NLSN) in a research report released on Wednesday. BMO Capital Markets currently has a $44.00 price target on the business services provider’s stock.
Other research analysts have also recently issued research reports about the company. TheStreet raised Nielsen N.V. from a c rating to a b- rating in a research note on Monday, July 31st. Zacks Investment Research raised Nielsen N.V. from a hold rating to a buy rating and set a $45.00 target price on the stock in a research note on Friday, July 28th. BidaskClub raised Nielsen N.V. from a hold rating to a buy rating in a research note on Saturday, August 5th. Needham & Company LLC reissued a buy rating and issued a $55.00 target price on shares of Nielsen N.V. in a research note on Tuesday. Finally, Pivotal Research reissued a hold rating and issued a $38.00 target price on shares of Nielsen N.V. in a research note on Sunday, September 10th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and seven have assigned a buy rating to the company. The stock presently has an average rating of Hold and an average price target of $46.64.
Shares of Nielsen N.V. (NLSN) opened at 39.85 on Wednesday. The firm has a market cap of $14.21 billion, a P/E ratio of 29.05 and a beta of 1.00. Nielsen N.V. has a 12-month low of $36.96 and a 12-month high of $54.99. The company’s 50 day moving average price is $40.34 and its 200 day moving average price is $40.30.
Nielsen N.V. (NYSE:NLSN) last released its earnings results on Thursday, July 27th. The business services provider reported $0.49 EPS for the quarter, missing the Zacks’ consensus estimate of $0.63 by ($0.14). The firm had revenue of $1.64 billion during the quarter, compared to the consensus estimate of $1.65 billion. Nielsen N.V. had a net margin of 7.68% and a return on equity of 15.96%. The firm’s revenue was up 3.0% compared to the same quarter last year. During the same period in the prior year, the company earned $0.31 EPS. Equities research analysts forecast that Nielsen N.V. will post $2.60 EPS for the current year.
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The company also recently announced a quarterly dividend, which was paid on Thursday, September 7th. Stockholders of record on Thursday, August 24th were issued a dividend of $0.34 per share. The ex-dividend date of this dividend was Tuesday, August 22nd. This represents a $1.36 dividend on an annualized basis and a dividend yield of 3.41%. Nielsen N.V.’s dividend payout ratio is currently 99.27%.
In other news, insider Stephen Hasker sold 20,930 shares of the stock in a transaction dated Thursday, August 3rd. The shares were sold at an average price of $43.00, for a total transaction of $899,990.00. Following the completion of the sale, the insider now directly owns 79,341 shares in the company, valued at $3,411,663. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, SVP Jeffrey Charlton sold 3,762 shares of the stock in a transaction dated Monday, September 11th. The stock was sold at an average price of $49.21, for a total transaction of $185,128.02. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 43,312 shares of company stock valued at $1,811,484. 0.67% of the stock is currently owned by company insiders.
Several institutional investors have recently bought and sold shares of NLSN. Group One Trading L.P. purchased a new stake in shares of Nielsen N.V. during the second quarter worth about $108,000. First Interstate Bank purchased a new stake in shares of Nielsen N.V. during the second quarter worth about $124,000. Creative Planning boosted its holdings in shares of Nielsen N.V. by 3.0% during the second quarter. Creative Planning now owns 3,593 shares of the business services provider’s stock worth $139,000 after purchasing an additional 103 shares during the period. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Nielsen N.V. by 2.5% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,620 shares of the business services provider’s stock worth $140,000 after purchasing an additional 87 shares during the period. Finally, BB&T Investment Services Inc. purchased a new stake in shares of Nielsen N.V. during the second quarter worth about $151,000. Institutional investors own 96.32% of the company’s stock.
Nielsen N.V. 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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