Winslow Capital Management LLC acquired a new position in shares of Nielsen N.V. (NYSE:NLSN) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 5,202,330 shares of the company’s stock, valued at approximately $278,689,000.
Several other hedge funds and other institutional investors have also added to or reduced their stakes in NLSN. Alecta Pensionsforsakring Omsesidigt increased its position in Nielsen N.V. by 11.8% in the third quarter. Alecta Pensionsforsakring Omsesidigt now owns 6,394,000 shares of the company’s stock worth $342,463,000 after buying an additional 675,000 shares in the last quarter. BTC Capital Management Inc. purchased a new position in Nielsen N.V. during the third quarter worth about $2,856,000. Stanley Laman Group Ltd. purchased a new position in Nielsen N.V. during the third quarter worth about $4,313,000. Putnam FL Investment Management Co. increased its position in Nielsen N.V. by 6.6% in the second quarter. Putnam FL Investment Management Co. now owns 330,721 shares of the company’s stock worth $17,188,000 after buying an additional 20,589 shares in the last quarter. Finally, Eagle Asset Management Inc. purchased a new position in Nielsen N.V. during the third quarter worth about $27,639,000. Institutional investors and hedge funds own 92.61% of the company’s stock.
Shares of Nielsen N.V. (NYSE:NLSN) traded up 1.25% during trading on Wednesday, reaching $41.21. The company had a trading volume of 310,597 shares. Nielsen N.V. has a 12 month low of $40.43 and a 12 month high of $55.94. The stock has a market capitalization of $14.73 billion, a PE ratio of 25.33 and a beta of 0.81. The stock’s 50-day moving average price is $42.30 and its 200-day moving average price is $48.64.
A number of research analysts recently issued reports on NLSN shares. J P Morgan Chase & Co restated a “buy” rating and set a $64.00 price target on shares of Nielsen N.V. in a research note on Tuesday, September 27th. Telsey Advisory Group dropped their price target on Nielsen N.V. from $57.00 to $54.00 and set an “outperform” rating on the stock in a research note on Friday, December 9th. Needham & Company LLC restated a “buy” rating and set a $55.00 price target (down previously from $65.00) on shares of Nielsen N.V. in a research note on Tuesday, December 13th. Barclays PLC downgraded Nielsen N.V. from an “overweight” rating to an “equal weight” rating and dropped their price target for the stock from $50.00 to $45.00 in a research note on Tuesday, January 10th. Finally, TheStreet downgraded Nielsen N.V. from a “buy” rating to a “hold” rating in a research note on Tuesday, December 27th. One analyst has rated the stock with a sell rating, seven have given a hold rating and eleven have issued a buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of $52.50.
In other news, Vice Chairman Arvin Kash sold 120,196 shares of the company’s stock in a transaction that occurred on 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 completion of the transaction, the insider now directly owns 47,376 shares of the company’s stock, valued at $2,082,648.96. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Jeffrey Charlton sold 5,574 shares of the company’s stock in a transaction that occurred on Wednesday, November 2nd. The shares were sold at an average price of $45.72, for a total value of $254,843.28. Following the transaction, the senior vice president now directly owns 18,266 shares of the company’s stock, valued at $835,121.52. The disclosure for this sale can be found here. 1.20% of the stock is currently owned by corporate insiders.
Nielsen N.V. Company Profile
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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