Wellington Shields Capital Management LLC maintained its stake in Nielsen NV (NYSE:NLSN) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,070 shares of the company’s stock at the end of the third quarter. Wellington Shields Capital Management LLC’s holdings in Nielsen NV were worth $1,129,000 at the end of the most recent reporting period.
A number of other large investors also recently added to or reduced their stakes in the company. Cornerstone Advisors Inc. raised its position in shares of Nielsen NV by 1,036.5% in the third quarter. Cornerstone Advisors Inc. now owns 2,489 shares of the company’s stock worth $133,000 after buying an additional 2,270 shares during the period. Pinkerton Retirement Specialists LLC acquired a new position in shares of Nielsen NV during the second quarter worth about $141,000. Advisor Group Inc. acquired a new position in shares of Nielsen NV during the second quarter worth about $151,000. Point72 Asia Hong Kong Ltd raised its position in shares of Nielsen NV by 12.5% in the second quarter. Point72 Asia Hong Kong Ltd now owns 3,600 shares of the company’s stock worth $187,000 after buying an additional 400 shares during the period. Finally, Creative Planning raised its position in shares of Nielsen NV by 26.0% in the third quarter. Creative Planning now owns 3,883 shares of the company’s stock worth $208,000 after buying an additional 801 shares during the period. Institutional investors and hedge funds own 91.67% of the company’s stock.
Shares of Nielsen NV (NYSE:NLSN) traded down 1.05% during trading on Thursday, reaching $41.45. The company had a trading volume of 3,476,041 shares. The firm has a 50-day moving average of $42.48 and a 200 day moving average of $48.97. Nielsen NV has a 52 week low of $40.96 and a 52 week high of $55.94. The firm has a market capitalization of $14.82 billion, a price-to-earnings ratio of 25.48 and a beta of 0.81.
Nielsen NV (NYSE:NLSN) last posted its earnings results on Tuesday, October 25th. The company reported $0.74 EPS for the quarter, missing the Zacks’ consensus estimate of $0.76 by $0.02. The firm had revenue of $1.57 billion for the quarter, compared to analysts’ expectations of $1.59 billion. Nielsen NV had a return on equity of 21.50% and a net margin of 9.46%. The firm’s revenue for the quarter was up 2.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.69 earnings per share. On average, equities research analysts forecast that Nielsen NV will post $2.75 earnings per share for the current year.
Several research analysts recently commented on NLSN shares. Pivotal Research reduced their price objective on Nielsen NV from $51.00 to $43.00 and set a “hold” rating for the company in a research note on Friday, December 9th. SunTrust Banks Inc. started coverage on Nielsen NV in a research note on Tuesday, November 15th. They issued a “buy” rating and a $50.00 price objective for the company. Telsey Advisory Group reduced their price objective on Nielsen NV from $57.00 to $54.00 and set an “outperform” rating for the company in a research note on Friday, December 9th. Barclays PLC downgraded Nielsen NV from an “overweight” rating to an “equal weight” rating and reduced their price objective for the company from $50.00 to $45.00 in a research note on Tuesday, January 10th. Finally, Needham & Company LLC reissued a “buy” rating and issued a $65.00 price objective on shares of Nielsen NV in a research note on Tuesday, October 25th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and eleven have given a buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $52.50.
In related news, SVP Jeffrey Charlton sold 5,574 shares of the company’s stock in a transaction on Wednesday, November 2nd. The stock was sold at an average price of $45.72, for a total value of $254,843.28. Following the completion of the transaction, the senior vice president now directly owns 18,266 shares in the company, valued at $835,121.52. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Vice Chairman Arvin Kash sold 120,196 shares of the company’s stock in a transaction on Thursday, November 3rd. The shares were sold at an average price of $43.96, for a total value of $5,283,816.16. Following the completion of the transaction, the insider now owns 47,376 shares of the company’s stock, valued at $2,082,648.96. The disclosure for this sale can be found here. 1.20% of the stock is currently owned by insiders.
Nielsen NV 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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