Investors Buy High Volume of Nielsen Put Options (NLSN)

Nielsen N.V. (NYSE:NLSN) saw some unusual options trading on Wednesday. Traders acquired 5,433 put options on the stock. This represents an increase of 1,435% compared to the typical daily volume of 354 put options.

NLSN has been the topic of several recent research reports. Deutsche Bank set a $35.00 target price on Nielsen and gave the company a “hold” rating in a report on Wednesday, November 29th. BMO Capital Markets restated a “market perform” rating and set a $44.00 target price on shares of Nielsen in a report on Thursday, October 26th. BidaskClub lowered Nielsen from a “buy” rating to a “hold” rating in a report on Thursday, October 12th. Morgan Stanley cut their target price on Nielsen from $50.00 to $49.00 and set an “overweight” rating on the stock in a report on Thursday, October 26th. Finally, Citigroup upgraded Nielsen from a “neutral” rating to a “buy” rating and set a $45.00 price objective on the stock in a research note on Friday, November 17th. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and nine have issued a buy rating to the stock. Nielsen currently has an average rating of “Hold” and an average price target of $43.25.

In related news, CEO Dwight Barns bought 13,631 shares of the business’s stock in a transaction on Friday, December 1st. The shares were bought at an average cost of $36.86 per share, for a total transaction of $502,438.66. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Jamere Jackson sold 16,000 shares of the firm’s stock in a transaction dated Thursday, December 14th. The shares were sold at an average price of $36.30, for a total value of $580,800.00. Following the transaction, the chief financial officer now owns 93,138 shares in the company, valued at $3,380,909.40. The disclosure for this sale can be found here. 0.67% of the stock is owned by company insiders.

A number of hedge funds have recently added to or reduced their stakes in the stock. Capital Research Global Investors grew its position in Nielsen by 21.2% during the second quarter. Capital Research Global Investors now owns 38,007,292 shares of the business services provider’s stock worth $1,469,362,000 after buying an additional 6,648,088 shares in the last quarter. Vanguard Group Inc. grew its position in Nielsen by 1.7% during the second quarter. Vanguard Group Inc. now owns 35,309,380 shares of the business services provider’s stock worth $1,365,061,000 after buying an additional 605,114 shares in the last quarter. Vontobel Asset Management Inc. grew its position in Nielsen by 51.2% during the fourth quarter. Vontobel Asset Management Inc. now owns 6,898,520 shares of the business services provider’s stock worth $257,335,000 after buying an additional 2,334,866 shares in the last quarter. Bank of New York Mellon Corp grew its position in Nielsen by 0.3% during the third quarter. Bank of New York Mellon Corp now owns 6,505,579 shares of the business services provider’s stock worth $269,656,000 after buying an additional 18,276 shares in the last quarter. Finally, Barrow Hanley Mewhinney & Strauss LLC grew its position in Nielsen by 3.5% during the third quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 5,910,598 shares of the business services provider’s stock worth $244,994,000 after buying an additional 200,403 shares in the last quarter. 95.63% of the stock is currently owned by institutional investors and hedge funds.

Nielsen (NYSE NLSN) opened at $36.71 on Friday. 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 company has a market capitalization of $13,020.00, a PE ratio of 25.85, a PEG ratio of 1.78 and a beta of 0.94. Nielsen has a 12 month low of $34.22 and a 12 month high of $45.73.

Nielsen (NYSE:NLSN) last posted its quarterly earnings data on Wednesday, October 25th. The business services provider reported $0.60 EPS for the quarter, missing analysts’ consensus estimates of $0.64 by ($0.04). Nielsen had a return on equity of 14.79% and a net margin of 7.84%. research analysts predict that Nielsen will post 2.54 EPS for the current fiscal year.

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About Nielsen

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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