Traders Buy Nielsen (NLSN) on Weakness

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Investors bought shares of Nielsen Holdings PLC (NYSE:NLSN) on weakness during trading on Thursday. $49.31 million flowed into the stock on the tick-up and $15.98 million flowed out of the stock on the tick-down, for a money net flow of $33.33 million into the stock. Of all companies tracked, Nielsen had the 27th highest net in-flow for the day. Nielsen traded down ($0.02) for the day and closed at $26.54

NLSN has been the topic of several recent analyst reports. Morgan Stanley lowered their target price on shares of Nielsen from $40.00 to $38.00 and set a “$30.76” rating on the stock in a research note on Wednesday, July 18th. Robert W. Baird increased their target price on shares of Nielsen from $26.00 to $30.00 and gave the stock a “buy” rating in a research note on Tuesday, August 14th. SunTrust Banks set a $26.00 target price on shares of Nielsen and gave the stock a “buy” rating in a research note on Saturday, July 28th. Pivotal Research lowered their target price on shares of Nielsen from $35.00 to $27.00 and set a “buy” rating on the stock in a research note on Thursday, July 26th. Finally, Needham & Company LLC decreased their price target on shares of Nielsen to $30.00 and set a “buy” rating on the stock in a report on Friday, July 27th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and seven have given a buy rating to the company. Nielsen currently has an average rating of “Hold” and a consensus price target of $29.67.

The firm has a market capitalization of $9.43 billion, a P/E ratio of 12.54, a price-to-earnings-growth ratio of 1.43 and a beta of 0.88. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 1.97.

Nielsen (NYSE:NLSN) last issued its quarterly earnings results on Thursday, October 25th. The business services provider reported $0.27 EPS for the quarter, topping the Zacks’ consensus estimate of $0.25 by $0.02. Nielsen had a net margin of 4.85% and a return on equity of 14.56%. The firm had revenue of $1.60 billion for the quarter, compared to analyst estimates of $1.58 billion. As a group, equities analysts anticipate that Nielsen Holdings PLC will post 1.95 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 5th. Investors of record on Wednesday, November 21st will be issued a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a dividend yield of 5.29%. The ex-dividend date is Tuesday, November 20th. Nielsen’s dividend payout ratio is currently 66.35%.

Several hedge funds have recently added to or reduced their stakes in the stock. Canada Pension Plan Investment Board grew its holdings in shares of Nielsen by 2,102.0% during the 3rd quarter. Canada Pension Plan Investment Board now owns 136,499 shares of the business services provider’s stock valued at $3,776,000 after purchasing an additional 130,300 shares during the last quarter. FMR LLC grew its holdings in shares of Nielsen by 3.6% during the 3rd quarter. FMR LLC now owns 22,521,897 shares of the business services provider’s stock valued at $622,956,000 after purchasing an additional 781,199 shares during the last quarter. American International Group Inc. grew its holdings in shares of Nielsen by 36.8% during the 3rd quarter. American International Group Inc. now owns 664,655 shares of the business services provider’s stock valued at $18,384,000 after purchasing an additional 178,850 shares during the last quarter. Cim Investment Mangement Inc. bought a new position in shares of Nielsen during the 3rd quarter valued at $909,000. Finally, Twin Tree Management LP bought a new position in shares of Nielsen during the 3rd quarter valued at $1,577,000. 95.57% of the stock is currently owned by institutional investors.

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Nielsen Company Profile (NYSE:NLSN)

Nielsen Holdings plc, together with its subsidiaries, operates as an information and measurement company. It operates through Buy and Watch segments. The company provides media and marketing information, analytics, and manufacturer and retailer expertise about what and where consumers buy, read, watch, and listen.

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