Noesis Capital Mangement Corp grew its stake in Nielsen N.V. (NYSE:NLSN) by 3.0% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 165,952 shares of the business services provider’s stock after purchasing an additional 4,835 shares during the period. Nielsen N.V. makes up approximately 2.5% of Noesis Capital Mangement Corp’s portfolio, making the stock its 19th biggest holding. Noesis Capital Mangement Corp’s holdings in Nielsen N.V. were worth $6,416,000 at the end of the most recent reporting period.
A number of other hedge funds have also made changes to their positions in NLSN. BlackRock Inc. boosted its position in Nielsen N.V. by 4,459.8% during the first quarter. BlackRock Inc. now owns 30,913,604 shares of the business services provider’s stock worth $1,277,040,000 after purchasing an additional 30,235,644 shares in the last quarter. Vontobel Asset Management Inc. purchased a new stake in Nielsen N.V. during the second quarter worth $177,700,000. Renaissance Technologies LLC boosted its position in Nielsen N.V. by 184.7% during the first quarter. Renaissance Technologies LLC now owns 3,155,856 shares of the business services provider’s stock worth $130,368,000 after purchasing an additional 2,047,456 shares in the last quarter. OppenheimerFunds Inc. boosted its position in Nielsen N.V. by 30.1% during the first quarter. OppenheimerFunds Inc. now owns 8,341,491 shares of the business services provider’s stock worth $344,587,000 after purchasing an additional 1,930,102 shares in the last quarter. Finally, Vanguard Group Inc. boosted its position in Nielsen N.V. by 5.8% during 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 purchasing an additional 1,892,556 shares in the last quarter. 96.32% of the stock is currently owned by hedge funds and other institutional investors.
In related news, Director Karen M. Hoguet sold 18,620 shares of the business’s stock in a transaction dated Wednesday, September 6th. The shares were sold at an average price of $39.01, for a total transaction of $726,366.20. Following the transaction, the director now directly owns 44,080 shares in the company, valued at $1,719,560.80. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Jeffrey Charlton sold 3,762 shares of the business’s stock in a transaction dated Monday, September 11th. The shares were 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 90 days, insiders have sold 43,312 shares of company stock worth $1,811,484. 0.67% of the stock is owned by corporate insiders.
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Several equities research analysts have commented on NLSN shares. Zacks Investment Research lowered Nielsen N.V. from a “hold” rating to a “strong sell” rating in a research note on Thursday, August 17th. BidaskClub lowered Nielsen N.V. from a “buy” rating to a “hold” rating in a research note on Saturday, August 19th. Citigroup Inc. reiterated a “neutral” rating and issued a $42.00 target price (down previously from $45.00) on shares of Nielsen N.V. in a research note on Thursday, June 1st. TheStreet raised Nielsen N.V. from a “c” rating to a “b-” rating in a report on Monday, July 31st. Finally, Sanford C. Bernstein reissued an “outperform” rating on shares of Nielsen N.V. in a report on Tuesday. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and seven have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $46.64.
Shares of Nielsen N.V. (NYSE NLSN) traded up 1.22% during trading on Friday, hitting $39.85. The stock had a trading volume of 4,193,250 shares. The stock’s 50 day moving average is $40.34 and its 200 day moving average is $40.30. Nielsen N.V. has a 52 week low of $36.96 and a 52 week high of $54.99. The stock has a market capitalization of $14.21 billion, a price-to-earnings ratio of 29.05 and a beta of 1.00.
Nielsen N.V. (NYSE:NLSN) last posted its earnings results on Thursday, July 27th. The business services provider reported $0.49 EPS for the quarter, missing the consensus estimate of $0.63 by ($0.14). The business had revenue of $1.64 billion for the quarter, compared to the consensus estimate of $1.65 billion. Nielsen N.V. had a return on equity of 15.96% and a net margin of 7.68%. The company’s revenue was up 3.0% on a year-over-year basis. During the same period in the previous year, the firm earned $0.31 earnings per share. On average, equities research analysts expect that Nielsen N.V. will post $2.60 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which was paid on Thursday, September 7th. Stockholders of record on Thursday, August 24th were given a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a dividend yield of 3.41%. The ex-dividend date was Tuesday, August 22nd. Nielsen N.V.’s payout ratio is presently 99.27%.
Nielsen N.V. 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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