JPMorgan Chase & Co. increased its position in Nielsen NV (NYSE:NLSN) by 25.3% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 277,253 shares of the company’s stock after buying an additional 56,067 shares during the period. JPMorgan Chase & Co. owned 0.08% of Nielsen NV worth $14,408,000 as of its most recent filing with the SEC.
A number of other institutional investors also recently modified their holdings of the company. Creative Planning raised its stake in Nielsen NV by 300.3% in the second quarter. Creative Planning now owns 3,082 shares of the company’s stock valued at $160,000 after buying an additional 2,312 shares during the period. Janney Montgomery Scott LLC acquired a new position in shares of Nielsen NV during the second quarter worth approximately $206,000. Torray LLC acquired a new position in shares of Nielsen NV during the second quarter worth approximately $211,000. BlueMountain Capital Management LLC acquired a new position in shares of Nielsen NV during the first quarter worth approximately $233,000. Finally, Mariner Wealth Advisors LLC acquired a new position in shares of Nielsen NV during the first quarter worth approximately $252,000. 92.33% of the stock is currently owned by hedge funds and other institutional investors.
Nielsen NV (NYSE:NLSN) traded up 0.19% on Friday, hitting $53.57. The company had a trading volume of 2,778,011 shares. The company has a market capitalization of $19.14 billion, a P/E ratio of 32.39 and a beta of 0.91. Nielsen NV has a one year low of $42.90 and a one year high of $55.94. The stock’s 50-day moving average price is $52.82 and its 200 day moving average price is $52.87.
Nielsen NV (NYSE:NLSN) last announced its quarterly earnings data on Tuesday, July 26th. The company reported $0.71 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.71. The company had revenue of $1.60 billion for the quarter, compared to the consensus estimate of $1.61 billion. Nielsen NV had a return on equity of 21.08% and a net margin of 9.71%. The firm’s revenue was up 2.4% compared to the same quarter last year. During the same period in the previous year, the business earned $0.66 EPS. On average, analysts expect that Nielsen NV will post $2.87 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 8th. Stockholders of record on Thursday, August 25th were paid a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a dividend yield of 2.31%. The ex-dividend date was Tuesday, August 23rd. Nielsen NV’s dividend payout ratio is 75.61%.
NLSN has been the topic of a number of research reports. BMO Capital Markets cut Nielsen NV from an “outperform” rating to a “market perform” rating and set a $56.00 price objective on the stock. in a research report on Friday, July 22nd. They noted that the move was a valuation call. JPMorgan Chase & Co. reiterated a “buy” rating and issued a $64.00 price target on shares of Nielsen NV in a research report on Tuesday. Macquarie started coverage on Nielsen NV in a research report on Thursday, August 25th. They issued an “outperform” rating and a $61.00 price target on the stock. Bank of America Corp. reiterated a “buy” rating on shares of Nielsen NV in a research report on Wednesday, June 15th. Finally, Pivotal Research reiterated a “hold” rating on shares of Nielsen NV in a research report on Tuesday, July 26th. Five analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company’s stock. Nielsen NV presently has an average rating of “Buy” and a consensus price target of $57.13.
In other news, CEO Dwight Barns sold 60,136 shares of the business’s stock in a transaction dated Thursday, July 28th. The stock was sold at an average price of $53.75, for a total value of $3,232,310.00. Following the transaction, the chief executive officer now directly owns 248,600 shares of the company’s stock, valued at approximately $13,362,250. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Giovanni Tavolieri sold 7,883 shares of the business’s stock in a transaction dated Thursday, August 11th. The shares were sold at an average price of $52.76, for a total value of $415,907.08. Following the completion of the transaction, the insider now directly owns 21,417 shares in the company, valued at $1,129,960.92. The disclosure for this sale can be found here. 1.20% of the stock is owned by insiders.
About Nielsen NV
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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