Nielsen N.V. (NYSE:NLSN) CFO Jamere Jackson sold 16,000 shares of the business’s stock in a transaction that occurred on Thursday, December 14th. The shares were sold at an average price of $36.30, for a total value of $580,800.00. Following the completion of the transaction, the chief financial officer now directly owns 93,138 shares in the company, valued at approximately $3,380,909.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.
Shares of Nielsen N.V. (NYSE:NLSN) traded up $0.04 during mid-day trading on Thursday, hitting $36.30. The stock had a trading volume of 3,880,000 shares, compared to its average volume of 3,840,000. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 1.88. The firm has a market cap of $12,910.00, a PE ratio of 25.56, a PEG ratio of 1.77 and a beta of 0.94. Nielsen N.V. has a one year low of $34.22 and a one year high of $45.73.
Several hedge funds and other institutional investors have recently modified their holdings of the stock. Capital Guardian Trust Co. boosted its position in Nielsen by 25.2% during the third quarter. Capital Guardian Trust Co. now owns 1,139,989 shares of the business services provider’s stock valued at $47,253,000 after purchasing an additional 229,675 shares during the last quarter. Zurich Insurance Group Ltd FI bought a new position in shares of Nielsen in the second quarter worth about $2,407,000. Pinebridge Investments L.P. increased its stake in shares of Nielsen by 3,246.9% in the third quarter. Pinebridge Investments L.P. now owns 53,015 shares of the business services provider’s stock worth $2,197,000 after purchasing an additional 51,431 shares during the period. Bradley Foster & Sargent Inc. CT increased its stake in shares of Nielsen by 16.2% in the second quarter. Bradley Foster & Sargent Inc. CT now owns 564,027 shares of the business services provider’s stock worth $21,805,000 after purchasing an additional 78,770 shares during the period. Finally, Commonwealth Bank of Australia increased its stake in shares of Nielsen by 20.5% in the second quarter. Commonwealth Bank of Australia now owns 26,733 shares of the business services provider’s stock worth $1,032,000 after purchasing an additional 4,543 shares during the period. Institutional investors and hedge funds own 95.62% of the company’s stock.
A number of research analysts have recently issued reports on NLSN shares. BidaskClub lowered Nielsen from a “hold” rating to a “sell” rating in a report on Wednesday, November 1st. Morgan Stanley dropped their price objective on Nielsen from $49.00 to $47.00 and set an “overweight” rating on the stock in a report on Friday, November 10th. Goldman Sachs Group assumed coverage on Nielsen in a report on Wednesday, November 8th. They set a “neutral” rating and a $40.00 price objective on the stock. Needham & Company LLC reiterated a “buy” rating on shares of Nielsen in a research report on Friday, October 27th. Finally, Credit Suisse Group decreased their target price on Nielsen from $47.00 to $46.00 and set an “outperform” rating on the stock in a research report on Thursday, October 26th. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and nine have given a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $43.25.
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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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