Retirement Systems of Alabama reduced its position in Nielsen NV (NYSE:NLSN) by 0.1% during the second quarter, Holdings Channel reports. The institutional investor owned 183,944 shares of the company’s stock after selling 251 shares during the period. Retirement Systems of Alabama’s holdings in Nielsen NV were worth $9,560,000 at the end of the most recent quarter.
Several other institutional investors have also recently modified their holdings of NLSN. Creative Planning boosted its position in shares of 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. BlueMountain Capital Management LLC bought a new position in shares of Nielsen NV during the first quarter valued at $233,000. Mariner Wealth Advisors LLC bought a new position in shares of Nielsen NV during the first quarter valued at $252,000. Advisor Partners LLC boosted its position in shares of Nielsen NV by 0.4% in the first quarter. Advisor Partners LLC now owns 4,852 shares of the company’s stock valued at $256,000 after buying an additional 17 shares during the period. Finally, Trust Co. of Oklahoma bought a new position in shares of Nielsen NV during the second quarter valued at $258,000. Institutional investors own 92.33% of the company’s stock.
Shares of Nielsen NV (NYSE:NLSN) traded down 1.18% during mid-day trading on Thursday, hitting $52.56. The stock had a trading volume of 1,938,934 shares. The company has a market cap of $18.78 billion, a PE ratio of 31.78 and a beta of 0.83. The stock’s 50-day moving average is $52.85 and its 200 day moving average is $52.91. Nielsen NV has a 12 month low of $42.90 and a 12 month high of $55.94.
Nielsen NV (NYSE:NLSN) last announced its quarterly earnings results on Tuesday, July 26th. The company reported $0.71 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.71. The firm 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 company’s quarterly revenue was up 2.4% on a year-over-year basis. During the same period in the prior year, the company posted $0.66 earnings per share. On average, equities research analysts forecast that Nielsen NV will post $2.87 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Thursday, September 8th. Stockholders of record on Thursday, August 25th were issued a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a dividend yield of 2.36%. The ex-dividend date of this dividend was Tuesday, August 23rd. Nielsen NV’s payout ratio is currently 75.61%.
Several equities analysts have weighed in on NLSN shares. Barclays PLC restated a “buy” rating on shares of Nielsen NV in a research note on Saturday, July 9th. Bank of America Corp. reaffirmed a “buy” rating on shares of Nielsen NV in a research report on Wednesday, June 15th. JPMorgan Chase & Co. reaffirmed a “buy” rating and set a $64.00 target price on shares of Nielsen NV in a research report on Tuesday, September 27th. Cantor Fitzgerald initiated coverage on Nielsen NV in a research report on Thursday, September 15th. They set a “hold” rating and a $57.00 target price for the company. Finally, Pivotal Research reaffirmed a “hold” rating on shares of Nielsen NV in a research report on Tuesday, July 26th. Five research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of $57.13.
In other Nielsen NV news, insider Giovanni Tavolieri sold 7,883 shares of the stock in a transaction dated Thursday, August 11th. The stock was sold at an average price of $52.76, for a total value of $415,907.08. Following the transaction, the insider now owns 21,417 shares of the company’s stock, valued at $1,129,960.92. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO Dwight Barns sold 60,136 shares of the stock in a transaction dated Thursday, July 28th. The shares were sold at an average price of $53.75, for a total value of $3,232,310.00. Following the completion of the transaction, the chief executive officer now directly owns 248,600 shares in the company, valued at approximately $13,362,250. The disclosure for this sale can be found here. Insiders own 1.20% of the company’s stock.
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.
Want to see what other hedge funds are holding NLSN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Nielsen NV (NYSE:NLSN).
Receive News & Ratings for Nielsen NV Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nielsen NV and related companies with MarketBeat.com's FREE daily email newsletter.