Nielsen N.V.’s (NLSN) Hold Rating Reiterated at Deutsche Bank AG

Nielsen N.V.’s (NLSN) Hold Rating Reiterated at Deutsche Bank AG

A number of other research firms also recently weighed in on NLSN. Cantor Fitzgerald reduced their price target on Nielsen N.V. from $48.00 to $46.00 and set a “neutral” rating for the company in a research report on Friday, April 28th. Morgan Stanley reduced their price target on Nielsen N.V. from $52.00 to $49.00 and set an “overweight” rating for the company in a research report on Friday, April 28th. Zacks Investment Research raised Nielsen N.V. from a “hold” rating to a “buy” rating and set a $47.00 price target for the company in a research report on Wednesday, April 26th. TheStreet downgraded Nielsen N.V. from a “b-” rating to a “c” rating in a research report on Tuesday, April 25th. Finally, BMO Capital Markets reduced their price target on Nielsen N.V. from $45.00 to $44.00 and set a “market perform” rating for the company in a research report on Wednesday, April 26th. Eight investment analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $48.50.

Nielsen N.V. (NYSE:NLSN)‘s stock had its “hold” rating reissued by analysts at Deutsche Bank AG in a note issued to investors on Tuesday. They currently have a $40.00 price objective on the business services provider’s stock, down from their previous price objective of $44.00. Deutsche Bank AG’s price objective points to a potential upside of 3.79% from the stock’s previous close.

Shares of Nielsen N.V. (NLSN) opened at 38.57 on Tuesday. The firm has a 50-day moving average of $40.39 and a 200-day moving average of $42.23. Nielsen N.V. has a 1-year low of $37.95 and a 1-year high of $55.94. The firm has a market capitalization of $13.78 billion, a PE ratio of 29.18 and a beta of 0.84.

Nielsen N.V. (NYSE:NLSN) last released its quarterly earnings results on Tuesday, April 25th. The business services provider reported $0.28 earnings per share for the quarter, missing analysts’ consensus estimates of $0.48 by $0.20. Nielsen N.V. had a return on equity of 18.63% and a net margin of 7.96%. The firm had revenue of $1.53 billion for the quarter, compared to analyst estimates of $1.54 billion. During the same period last year, the company earned $0.51 EPS. The company’s revenue was up 2.6% compared to the same quarter last year. On average, equities research analysts anticipate that Nielsen N.V. will post $2.65 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 16th. Shareholders of record on Friday, June 2nd will be issued a dividend of $0.34 per share. This is an increase from Nielsen N.V.’s previous quarterly dividend of $0.31. The ex-dividend date of this dividend is Wednesday, May 31st. This represents a $1.36 annualized dividend and a yield of 3.53%. Nielsen N.V.’s dividend payout ratio (DPR) is currently 89.86%.

In other Nielsen N.V. news, SVP Jeffrey Charlton sold 1,824 shares of the firm’s stock in a transaction on Friday, April 28th. The stock was sold at an average price of $41.34, for a total transaction of $75,404.16. Following the completion of the sale, the senior vice president now owns 13,297 shares of the company’s stock, valued at approximately $549,697.98. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Dwight Barns sold 46,947 shares of the firm’s stock in a transaction on Monday, March 27th. The shares were sold at an average price of $40.82, for a total value of $1,916,376.54. Following the sale, the chief executive officer now directly owns 288,277 shares of the company’s stock, valued at approximately $11,767,467.14. The disclosure for this sale can be found here. Company insiders own 1.20% of the company’s stock.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Russell Investments Group Ltd. purchased a new position in Nielsen N.V. during the fourth quarter valued at $14,775,000. ETRADE Capital Management LLC boosted its position in Nielsen N.V. by 0.4% in the third quarter. ETRADE Capital Management LLC now owns 30,321 shares of the business services provider’s stock valued at $1,624,000 after buying an additional 130 shares during the last quarter. D.A. Davidson & CO. boosted its position in Nielsen N.V. by 179.9% in the third quarter. D.A. Davidson & CO. now owns 195,418 shares of the business services provider’s stock valued at $10,468,000 after buying an additional 125,603 shares during the last quarter. Piedmont Investment Advisors LLC purchased a new position in Nielsen N.V. during the third quarter valued at $1,196,000. Finally, Lombard Odier Asset Management Europe Ltd purchased a new position in Nielsen N.V. during the third quarter valued at $302,000. Hedge funds and other institutional investors own 91.99% 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.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “NLSN”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

Related posts

Leave a Comment