Nielsen (NYSE:NLSN) had its price objective lowered by equities research analysts at BMO Capital Markets from $40.00 to $38.00 in a research note issued to investors on Monday. The brokerage presently has a “market perform” rating on the business services provider’s stock. BMO Capital Markets’ price target would indicate a potential upside of 14.94% from the stock’s previous close.
A number of other analysts also recently issued reports on the stock. Morgan Stanley lowered their price target on shares of Nielsen from $47.00 to $46.00 and set an “overweight” rating on the stock in a report on Friday, February 9th. Credit Suisse Group lowered their price target on shares of Nielsen from $44.00 to $43.00 and set an “outperform” rating on the stock in a report on Friday, February 9th. Robert W. Baird lowered their price target on shares of Nielsen from $44.00 to $40.00 and set an “outperform” rating on the stock in a report on Friday, February 9th. Deutsche Bank set a $33.00 price target on shares of Nielsen and gave the stock a “hold” rating in a report on Friday, February 9th. Finally, Zacks Investment Research upgraded shares of Nielsen from a “strong sell” rating to a “hold” rating in a research report on Wednesday, January 10th. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and nine have assigned a buy rating to the stock. Nielsen currently has an average rating of “Hold” and an average target price of $42.59.
Shares of Nielsen (NYSE NLSN) opened at $33.06 on Monday. Nielsen has a twelve month low of $32.95 and a twelve month high of $45.73. The stock has a market cap of $12,018.91, a price-to-earnings ratio of 27.32, a P/E/G ratio of 1.73 and a beta of 0.91. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 1.88.
Nielsen (NYSE:NLSN) last announced its quarterly earnings results on Thursday, February 8th. The business services provider reported $0.71 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.75 by ($0.04). Nielsen had a return on equity of 16.79% and a net margin of 6.53%. The firm had revenue of $1.76 billion for the quarter, compared to analysts’ expectations of $1.76 billion. During the same period last year, the company posted $0.44 earnings per share. The business’s quarterly revenue was up 6.3% on a year-over-year basis. analysts anticipate that Nielsen will post 2.43 EPS for the current fiscal year.
In other news, CFO Jamere Jackson sold 16,000 shares of the stock in a transaction dated 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 sale, the chief financial officer now directly owns 93,138 shares in the company, valued at $3,380,909.40. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Jeffrey Charlton sold 3,080 shares of the stock in a transaction dated Tuesday, November 21st. The shares were sold at an average price of $36.01, for a total transaction of $110,910.80. Following the completion of the sale, the senior vice president now owns 10,100 shares of the company’s stock, valued at $363,701. The disclosure for this sale can be found here. Corporate insiders own 0.67% of the company’s stock.
Several hedge funds and other institutional investors have recently modified their holdings of NLSN. Thrivent Financial For Lutherans raised its position in shares of Nielsen by 2.6% in the second quarter. Thrivent Financial For Lutherans now owns 12,680 shares of the business services provider’s stock valued at $490,000 after buying an additional 320 shares during the last quarter. Advisor Group Inc. raised its position in shares of Nielsen by 26.6% in the second quarter. Advisor Group Inc. now owns 4,028 shares of the business services provider’s stock valued at $156,000 after buying an additional 847 shares during the last quarter. Bank of Nova Scotia raised its position in shares of Nielsen by 6.1% in the second quarter. Bank of Nova Scotia now owns 20,011 shares of the business services provider’s stock valued at $773,000 after buying an additional 1,158 shares during the last quarter. Nomura Holdings Inc. acquired a new stake in shares of Nielsen in the second quarter valued at about $980,000. Finally, Toronto Dominion Bank raised its position in shares of Nielsen by 25.4% in the second quarter. Toronto Dominion Bank now owns 114,045 shares of the business services provider’s stock valued at $4,408,000 after buying an additional 23,114 shares during the last quarter. Institutional investors and hedge funds own 97.86% of the company’s stock.
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Nielsen 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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