Short Interest in Nielsen Holdings PLC (NYSE:NLSN) Drops By 5.0%

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Nielsen Holdings PLC (NYSE:NLSN) was the recipient of a significant drop in short interest during the month of May. As of May 15th, there was short interest totalling 22,760,000 shares, a drop of 5.0% from the April 30th total of 23,970,000 shares. Based on an average daily volume of 4,660,000 shares, the days-to-cover ratio is currently 4.9 days. Approximately 6.5% of the shares of the stock are sold short.

In other Nielsen news, Director James A. Attwood, Jr. bought 250,000 shares of the business’s stock in a transaction on Friday, March 6th. The stock was bought at an average price of $14.28 per share, with a total value of $3,570,000.00. Also, CEO David W. Kenny bought 55,400 shares of the business’s stock in a transaction on Friday, February 28th. The shares were acquired at an average cost of $18.08 per share, with a total value of $1,001,632.00. Following the purchase, the chief executive officer now owns 655,792 shares of the company’s stock, valued at $11,856,719.36. The disclosure for this purchase can be found here. 0.40% of the stock is currently owned by company insiders.

A number of large investors have recently added to or reduced their stakes in NLSN. Parallel Advisors LLC boosted its holdings in Nielsen by 381.8% in the first quarter. Parallel Advisors LLC now owns 2,669 shares of the business services provider’s stock valued at $33,000 after purchasing an additional 2,115 shares during the period. Rational Advisors LLC boosted its holdings in Nielsen by 50.5% in the fourth quarter. Rational Advisors LLC now owns 1,811 shares of the business services provider’s stock valued at $37,000 after purchasing an additional 608 shares during the period. CSat Investment Advisory L.P. boosted its holdings in Nielsen by 27.8% in the fourth quarter. CSat Investment Advisory L.P. now owns 2,903 shares of the business services provider’s stock valued at $59,000 after purchasing an additional 631 shares during the period. Advisor Group Inc. lifted its holdings in Nielsen by 20.7% during the 4th quarter. Advisor Group Inc. now owns 2,923 shares of the business services provider’s stock worth $59,000 after buying an additional 502 shares during the last quarter. Finally, Advisor Group Holdings Inc. purchased a new stake in Nielsen during the 1st quarter worth about $59,000. Hedge funds and other institutional investors own 94.00% of the company’s stock.

Shares of NYSE NLSN opened at $13.59 on Friday. Nielsen has a twelve month low of $11.62 and a twelve month high of $24.69. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 3.46. The stock has a fifty day simple moving average of $13.25 and a 200-day simple moving average of $17.85. The stock has a market capitalization of $4.78 billion, a PE ratio of -10.07 and a beta of 1.25.

Nielsen (NYSE:NLSN) last released its earnings results on Thursday, April 30th. The business services provider reported $0.29 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.27 by $0.02. The firm had revenue of $1.56 billion during the quarter, compared to analyst estimates of $1.58 billion. Nielsen had a positive return on equity of 23.01% and a negative net margin of 7.33%. Nielsen’s revenue was down .3% compared to the same quarter last year. During the same period last year, the business posted $0.35 earnings per share. On average, equities analysts predict that Nielsen will post 1.45 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Investors of record on Thursday, June 4th will be issued a $0.06 dividend. The ex-dividend date of this dividend is Wednesday, June 3rd. This represents a $0.24 dividend on an annualized basis and a yield of 1.77%. Nielsen’s dividend payout ratio (DPR) is presently 14.20%.

NLSN has been the subject of several recent analyst reports. TheStreet cut Nielsen from a “c-” rating to a “d+” rating in a research note on Tuesday, March 31st. Needham & Company LLC reissued a “buy” rating and set a $18.00 target price (down previously from $30.00) on shares of Nielsen in a research note on Thursday, April 30th. Robert W. Baird dropped their price objective on Nielsen from $20.00 to $15.00 and set a “neutral” rating for the company in a research note on Tuesday, April 7th. SunTrust Banks dropped their price objective on Nielsen from $25.00 to $23.00 and set a “buy” rating for the company in a research note on Tuesday, March 3rd. Finally, Morgan Stanley dropped their price objective on Nielsen from $23.00 to $18.00 and set an “overweight” rating for the company in a research note on Tuesday, April 14th. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and five have given a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $18.25.

Nielsen Company Profile

Nielsen Holdings plc, together with its subsidiaries, operates as a measurement and data analytics company. It operates in two segments, Buy and Watch. The Buy segment provides retail transactional measurement data, consumer behavior information, and analytics primarily to businesses in the consumer packaged goods industry.

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