Eagle Asset Management Inc. purchased a new position in shares of Nielsen NV (NYSE:NLSN) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 515,947 shares of the company’s stock, valued at approximately $27,639,000.
A number of other large investors have also added to or reduced their stakes in NLSN. Creative Planning increased its stake in shares of Nielsen NV by 26.0% in the third quarter. Creative Planning now owns 3,883 shares of the company’s stock valued at $208,000 after buying an additional 801 shares in the last quarter. Oregon Public Employees Retirement Fund increased its stake in shares of Nielsen NV by 20.4% in the third quarter. Oregon Public Employees Retirement Fund now owns 84,207 shares of the company’s stock valued at $4,511,000 after buying an additional 14,295 shares in the last quarter. Trust Co. of Oklahoma increased its stake in shares of Nielsen NV by 117.2% in the third quarter. Trust Co. of Oklahoma now owns 10,771 shares of the company’s stock valued at $577,000 after buying an additional 5,811 shares in the last quarter. Kentucky Retirement Systems Insurance Trust Fund purchased a new stake in shares of Nielsen NV during the second quarter valued at $757,000. Finally, Kentucky Retirement Systems purchased a new stake in shares of Nielsen NV during the second quarter valued at $1,595,000. 93.26% of the stock is currently owned by institutional investors.
Nielsen NV (NYSE:NLSN) traded up 0.67% during mid-day trading on Friday, hitting $43.40. 1,175,640 shares of the stock were exchanged. The firm has a market cap of $15.51 billion, a P/E ratio of 26.67 and a beta of 0.85. Nielsen NV has a 12-month low of $42.25 and a 12-month high of $55.94. The company has a 50 day moving average of $47.35 and a 200 day moving average of $51.67.
Nielsen NV (NYSE:NLSN) last issued its quarterly earnings data on Tuesday, October 25th. The company reported $0.74 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.76 by $0.02. The company earned $1.57 billion during the quarter, compared to analysts’ expectations of $1.59 billion. Nielsen NV had a net margin of 9.46% and a return on equity of 21.50%. The firm’s quarterly revenue was up 2.5% on a year-over-year basis. During the same quarter last year, the firm posted $0.69 earnings per share. On average, equities analysts anticipate that Nielsen NV will post $2.76 earnings per share for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 6th. Investors of record on Tuesday, November 22nd will be issued a $0.31 dividend. The ex-dividend date is Friday, November 18th. This represents a $1.24 annualized dividend and a yield of 2.86%. Nielsen NV’s dividend payout ratio (DPR) is currently 76.54%.
Several equities research analysts have recently weighed in on the stock. JPMorgan Chase & Co. reissued a “buy” rating on shares of Nielsen NV in a research note on Thursday, November 17th. Citigroup Inc. reissued a “neutral” rating and issued a $45.00 target price on shares of Nielsen NV in a research note on Thursday, November 17th. SunTrust Banks Inc. assumed coverage on shares of Nielsen NV in a research note on Tuesday, November 15th. They issued a “buy” rating and a $50.00 target price on the stock. Needham & Company LLC reissued a “buy” rating and issued a $65.00 target price on shares of Nielsen NV in a research note on Monday, November 7th. Finally, Jefferies Group reissued a “buy” rating and issued a $54.00 target price (down previously from $58.00) on shares of Nielsen NV in a research note on Tuesday, November 1st. One analyst has rated the stock with a sell rating, five have given a hold rating and twelve have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of $55.82.
In other Nielsen NV news, SVP Jeffrey Charlton sold 5,574 shares of the business’s stock in a transaction dated Wednesday, November 2nd. The shares were sold at an average price of $45.72, for a total transaction of $254,843.28. Following the sale, the senior vice president now directly owns 18,266 shares in the company, valued at $835,121.52. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Vice Chairman Arvin Kash sold 120,196 shares of the business’s stock in a transaction dated Thursday, November 3rd. The stock was sold at an average price of $43.96, for a total transaction of $5,283,816.16. Following the sale, the insider now owns 47,376 shares in the company, valued at $2,082,648.96. The disclosure for this sale can be found here. 1.20% of the stock is currently owned by corporate 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.