Allianz Asset Management GmbH increased its holdings in shares of Nielsen N.V. (NYSE:NLSN) by 6.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,369,943 shares of the business services provider’s stock after buying an additional 146,404 shares during the period. Allianz Asset Management GmbH owned about 0.67% of Nielsen worth $98,235,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Northwestern Mutual Wealth Management Co. increased its position in shares of Nielsen by 2.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,620 shares of the business services provider’s stock valued at $140,000 after purchasing an additional 87 shares during the last quarter. Creative Planning increased its position in shares of Nielsen by 3.0% in the 2nd quarter. Creative Planning now owns 3,593 shares of the business services provider’s stock valued at $139,000 after purchasing an additional 103 shares during the last quarter. CIBC Asset Management Inc increased its position in shares of Nielsen by 0.7% in the 2nd quarter. CIBC Asset Management Inc now owns 20,998 shares of the business services provider’s stock valued at $812,000 after purchasing an additional 138 shares during the last quarter. Atlantic Trust Group LLC increased its position in shares of Nielsen by 0.4% in the 2nd quarter. Atlantic Trust Group LLC now owns 50,860 shares of the business services provider’s stock valued at $1,967,000 after purchasing an additional 227 shares during the last quarter. Finally, Thrivent Financial For Lutherans increased its position in shares of Nielsen by 2.6% in the 2nd quarter. Thrivent Financial For Lutherans now owns 12,680 shares of the business services provider’s stock valued at $490,000 after purchasing an additional 320 shares during the last quarter. 95.65% of the stock is currently owned by hedge funds and other institutional investors.
A number of brokerages have commented on NLSN. SunTrust Banks reissued a “buy” rating and issued a $42.00 price objective on shares of Nielsen in a research report on Friday, November 10th. BidaskClub downgraded shares of Nielsen from a “buy” rating to a “hold” rating in a research report on Saturday, August 19th. Cantor Fitzgerald reissued a “hold” rating and issued a $45.00 price objective on shares of Nielsen in a research report on Monday, October 23rd. Credit Suisse Group dropped their price objective on shares of Nielsen from $47.00 to $46.00 and set an “outperform” rating on the stock in a research report on Thursday, October 26th. Finally, Zacks Investment Research raised shares of Nielsen from a “strong sell” rating to a “hold” rating in a research report on Tuesday, September 26th. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and eight have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $44.07.
Nielsen N.V. (NYSE:NLSN) traded up $0.22 during midday trading on Wednesday, hitting $37.83. 3,742,400 shares of the company were exchanged, compared to its average volume of 2,922,655. The company has a debt-to-equity ratio of 1.88, a current ratio of 1.41 and a quick ratio of 1.41. The stock has a market cap of $13,395.48, a P/E ratio of 20.78, a price-to-earnings-growth ratio of 1.78 and a beta of 0.94. Nielsen N.V. has a 1 year low of $34.22 and a 1 year high of $45.73.
The business also recently announced a quarterly dividend, which was paid on Tuesday, December 5th. Investors of record on Tuesday, November 21st were given a $0.34 dividend. This represents a $1.36 dividend on an annualized basis and a dividend yield of 3.60%. The ex-dividend date of this dividend was Monday, November 20th. Nielsen’s dividend payout ratio (DPR) is 95.78%.
In related news, SVP Jeffrey Charlton sold 3,762 shares of the stock in a transaction on Monday, September 11th. The shares were sold at an average price of $49.21, for a total transaction of $185,128.02. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Dwight Barns purchased 13,631 shares of the firm’s stock in a transaction that occurred on Friday, December 1st. The shares were acquired at an average price of $36.86 per share, with a total value 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 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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