Beach Investment Counsel Inc. PA raised its position in Nielsen NV (NYSE:NLSN) by 2.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 482,518 shares of the company’s stock after buying an additional 11,984 shares during the period. Nielsen NV makes up about 3.0% of Beach Investment Counsel Inc. PA’s investment portfolio, making the stock its 9th largest position. Beach Investment Counsel Inc. PA’s holdings in Nielsen NV were worth $25,076,000 as of its most recent SEC filing.
Other hedge funds have also added to or reduced their stakes in the company. Vanguard Group Inc. increased its stake in shares of Nielsen NV by 2.8% in the second quarter. Vanguard Group Inc. now owns 31,101,138 shares of the company’s stock worth $1,616,326,000 after buying an additional 834,315 shares during the period. BlackRock Fund Advisors increased its stake in shares of Nielsen NV by 4.5% in the second quarter. BlackRock Fund Advisors now owns 6,017,326 shares of the company’s stock worth $312,720,000 after buying an additional 261,546 shares during the period. Alecta Pensionsforsakring Omsesidigt increased its stake in shares of Nielsen NV by 12.5% in the second quarter. Alecta Pensionsforsakring Omsesidigt now owns 5,719,000 shares of the company’s stock worth $297,159,000 after buying an additional 635,000 shares during the period. BlackRock Advisors LLC increased its stake in shares of Nielsen NV by 1.8% in the second quarter. BlackRock Advisors LLC now owns 5,379,285 shares of the company’s stock worth $279,562,000 after buying an additional 96,580 shares during the period. Finally, American Century Companies Inc. increased its stake in shares of Nielsen NV by 2.9% in the second quarter. American Century Companies Inc. now owns 4,374,097 shares of the company’s stock worth $227,322,000 after buying an additional 123,235 shares during the period. Hedge funds and other institutional investors own 94.33% of the company’s stock.
Shares of Nielsen NV (NYSE:NLSN) opened at 44.09 on Monday. Nielsen NV has a 52-week low of $42.90 and a 52-week high of $55.94. The company’s 50-day moving average is $50.04 and its 200 day moving average is $52.20. The firm has a market capitalization of $15.76 billion, a PE ratio of 27.10 and a beta of 0.85.
Nielsen NV (NYSE:NLSN) last posted its quarterly earnings results on Tuesday, October 25th. The company reported $0.74 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.76 by $0.02. Nielsen NV had a return on equity of 21.50% and a net margin of 9.46%. The company had revenue of $1.57 billion for the quarter, compared to analyst estimates of $1.59 billion. During the same period last year, the company earned $0.69 earnings per share. The business’s revenue for the quarter was up 2.5% compared to the same quarter last year. Equities analysts expect that Nielsen NV will post $2.76 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 6th. Stockholders of record on Tuesday, November 22nd will be paid a dividend of $0.31 per share. The ex-dividend date is Friday, November 18th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 2.81%. Nielsen NV’s dividend payout ratio (DPR) is presently 76.54%.
A number of analysts recently issued reports on the stock. Needham & Company LLC reissued a “buy” rating and set a $65.00 price target on shares of Nielsen NV in a report on Tuesday, October 25th. Macquarie set a $61.00 price target on shares of Nielsen NV and gave the stock a “buy” rating in a report on Wednesday, October 12th. Pivotal Research lowered their price target on shares of Nielsen NV from $52.00 to $51.00 and set a “hold” rating on the stock in a report on Tuesday, October 25th. Zacks Investment Research downgraded shares of Nielsen NV from a “hold” rating to a “sell” rating in a report on Friday, October 28th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Nielsen NV from $60.00 to $64.00 and gave the company an “overweight” rating in a report on Wednesday, July 27th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and twelve have issued a buy rating to the company’s stock. Nielsen NV has a consensus rating of “Buy” and a consensus price target of $57.06.
In related news, Vice Chairman Arvin Kash sold 120,196 shares of the business’s stock in a transaction dated Thursday, November 3rd. The shares were sold at an average price of $43.96, for a total value of $5,283,816.16. Following the sale, the insider now directly owns 47,376 shares in the company, valued at approximately $2,082,648.96. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, SVP Jeffrey Charlton sold 5,574 shares of the business’s stock in a transaction dated Wednesday, November 2nd. The stock was sold at an average price of $45.72, for a total transaction of $254,843.28. Following the completion of the sale, the senior vice president now owns 18,266 shares in the company, valued at $835,121.52. The disclosure for this sale can be found here. Insiders own 1.20% of the company’s stock.
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.