Oregon Public Employees Retirement Fund maintained its position in Nielsen N.V. (NYSE:NLSN) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 35,219 shares of the business services provider’s stock at the end of the second quarter. Oregon Public Employees Retirement Fund’s holdings in Nielsen N.V. were worth $1,362,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently bought and sold shares of NLSN. BlackRock Inc. raised its stake in shares of Nielsen N.V. by 4,459.8% in the first quarter. BlackRock Inc. now owns 30,913,604 shares of the business services provider’s stock worth $1,277,040,000 after buying an additional 30,235,644 shares during the period. Vontobel Asset Management Inc. purchased a new stake in Nielsen N.V. during the second quarter worth $177,700,000. Renaissance Technologies LLC raised its stake in Nielsen N.V. by 184.7% in the first quarter. Renaissance Technologies LLC now owns 3,155,856 shares of the business services provider’s stock worth $130,368,000 after buying an additional 2,047,456 shares during the last quarter. OppenheimerFunds Inc. raised its stake in Nielsen N.V. by 30.1% in the first quarter. OppenheimerFunds Inc. now owns 8,341,491 shares of the business services provider’s stock worth $344,587,000 after buying an additional 1,930,102 shares during the last quarter. Finally, Vanguard Group Inc. raised its stake in Nielsen N.V. by 5.8% in the first quarter. Vanguard Group Inc. now owns 34,704,266 shares of the business services provider’s stock worth $1,433,633,000 after buying an additional 1,892,556 shares during the last quarter. 96.05% of the stock is currently owned by institutional investors.
Nielsen N.V. (NYSE NLSN) opened at 39.66 on Friday. Nielsen N.V. has a 1-year low of $36.96 and a 1-year high of $54.99. The stock has a 50 day moving average price of $40.05 and a 200 day moving average price of $40.91. The firm has a market capitalization of $14.14 billion, a price-to-earnings ratio of 28.91 and a beta of 0.97.
Nielsen N.V. (NYSE:NLSN) last issued its earnings results on Thursday, July 27th. The business services provider reported $0.49 earnings per share for the quarter, missing the consensus estimate of $0.63 by $0.14. Nielsen N.V. had a return on equity of 15.96% and a net margin of 7.68%. The firm had revenue of $1.64 billion during the quarter, compared to analyst estimates of $1.65 billion. During the same period in the previous year, the company earned $0.31 earnings per share. The business’s revenue for the quarter was up 3.0% on a year-over-year basis. Analysts predict that Nielsen N.V. will post $2.60 EPS for the current year.
The business also recently declared a quarterly dividend, which will be paid on Thursday, September 7th. Stockholders of record on Thursday, August 24th will be paid a dividend of $0.34 per share. The ex-dividend date of this dividend is Tuesday, August 22nd. This represents a $1.36 annualized dividend and a dividend yield of 3.43%. Nielsen N.V.’s dividend payout ratio (DPR) is presently 99.27%.
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NLSN has been the topic of a number of recent research reports. Cantor Fitzgerald cut their target price on shares of Nielsen N.V. from $48.00 to $46.00 and set a “neutral” rating on the stock in a research note on Friday, April 28th. Deutsche Bank AG reissued a “hold” rating and issued a $44.00 price objective (down from $47.00) on shares of Nielsen N.V. in a report on Saturday, April 29th. Morgan Stanley decreased their price target on Nielsen N.V. from $52.00 to $49.00 and set an “overweight” rating for the company in a report on Friday, April 28th. J P Morgan Chase & Co reaffirmed an “overweight” rating and set a $44.00 price target (down from $48.00) on shares of Nielsen N.V. in a report on Wednesday, June 21st. Finally, Zacks Investment Research downgraded Nielsen N.V. from a “hold” rating to a “strong sell” rating in a report on Thursday. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and seven have assigned a buy rating to the company. Nielsen N.V. currently has a consensus rating of “Hold” and a consensus price target of $46.64.
In other Nielsen N.V. news, CFO Jamere Jackson sold 11,500 shares of the company’s stock in a transaction that occurred on Tuesday, May 30th. The stock was sold at an average price of $38.55, for a total value of $443,325.00. Following the completion of the transaction, the chief financial officer now owns 87,888 shares of the company’s stock, valued at approximately $3,388,082.40. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Stephen Hasker sold 20,930 shares of the company’s stock in a transaction that occurred on Thursday, August 3rd. The shares were sold at an average price of $43.00, for a total value of $899,990.00. Following the completion of the transaction, the insider now directly owns 79,341 shares of the company’s stock, valued at approximately $3,411,663. The disclosure for this sale can be found here. Corporate insiders own 1.20% 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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