MUFG Americas Holdings Corp raised its stake in Nielsen N.V. (NYSE:NLSN) by 68.2% during the fourth quarter, HoldingsChannel reports. The firm owned 7,369 shares of the business services provider’s stock after purchasing an additional 2,988 shares during the quarter. MUFG Americas Holdings Corp’s holdings in Nielsen were worth $268,000 as of its most recent SEC filing.
A number of other hedge funds also recently bought and sold shares of NLSN. Cable Hill Partners LLC acquired a new stake in Nielsen in the 3rd quarter valued at about $116,000. YorkBridge Wealth Partners LLC raised its position in Nielsen by 3,670.1% in the 3rd quarter. YorkBridge Wealth Partners LLC now owns 3,280 shares of the business services provider’s stock valued at $136,000 after purchasing an additional 3,193 shares in the last quarter. IFP Advisors Inc raised its position in Nielsen by 133.5% in the 3rd quarter. IFP Advisors Inc now owns 3,605 shares of the business services provider’s stock valued at $149,000 after purchasing an additional 2,061 shares in the last quarter. Teacher Retirement System of Texas acquired a new stake in Nielsen in the 3rd quarter valued at about $202,000. Finally, Segment Wealth Management LLC acquired a new stake in Nielsen in the 3rd quarter valued at about $204,000. 96.72% of the stock is currently owned by institutional investors.
A number of research firms have issued reports on NLSN. Cantor Fitzgerald reaffirmed a “hold” rating and issued a $45.00 price target on shares of Nielsen in a research report on Monday, October 23rd. Zacks Investment Research lowered 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 reduced their price target on Nielsen from $50.00 to $49.00 and set an “overweight” rating on the stock in a research report on Thursday, October 26th. Finally, Credit Suisse Group reduced their price target on Nielsen from $47.00 to $46.00 and set an “outperform” rating on the stock in a research report on Thursday, October 26th. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and nine have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $42.35.
Nielsen (NYSE:NLSN) last issued its 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). The business had revenue of $1.76 billion for the quarter, compared to analyst estimates of $1.76 billion. Nielsen had a return on equity of 16.79% and a net margin of 6.53%. Nielsen’s revenue was up 6.3% on a year-over-year basis. During the same period last year, the business posted $0.44 EPS. research analysts forecast that Nielsen N.V. will post 2.52 earnings per share for the current fiscal year.
In related news, CFO Jamere Jackson sold 16,000 shares of the firm’s stock in a transaction that occurred on Thursday, December 14th. The stock was sold at an average price of $36.30, for a total transaction of $580,800.00. Following the transaction, the chief financial officer now owns 93,138 shares in the company, valued at approximately $3,380,909.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Dwight Barns purchased 13,631 shares of the company’s stock in a transaction that occurred on Friday, December 1st. The shares were purchased at an average price of $36.86 per share, for a total transaction of $502,438.66. The disclosure for this purchase can be found here. Company insiders own 0.67% of the company’s stock.
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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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