Nielsen (NLSN) Price Target Cut to $38.00

Nielsen (NYSE:NLSN) had its price objective lowered by Morgan Stanley from $40.00 to $38.00 in a report published on Wednesday morning. The brokerage currently has a $30.76 rating on the business services provider’s stock.

Several other brokerages have also recently weighed in on NLSN. Pivotal Research raised shares of Nielsen from a hold rating to a buy rating and set a $35.00 target price on the stock in a report on Monday, June 4th. Goldman Sachs Group cut shares of Nielsen from a neutral rating to a sell rating in a report on Monday, July 2nd. BMO Capital Markets raised shares of Nielsen from a market perform rating to an outperform rating and set a $38.00 target price on the stock in a report on Monday, April 16th. They noted that the move was a valuation call. ValuEngine cut shares of Nielsen from a sell rating to a strong sell rating in a report on Wednesday, May 2nd. Finally, Barclays reaffirmed a sell rating and issued a $35.00 target price on shares of Nielsen in a report on Friday, April 27th. Four investment analysts have rated the stock with a sell rating, four have assigned a hold rating and eight have given a buy rating to the company’s stock. The stock presently has an average rating of Hold and an average price target of $40.57.

Shares of NLSN opened at $29.87 on Wednesday. The stock has a market cap of $10.89 billion, a PE ratio of 14.16, a price-to-earnings-growth ratio of 1.30 and a beta of 0.96. Nielsen has a 1 year low of $29.51 and a 1 year high of $43.61. The company has a debt-to-equity ratio of 1.86, a quick ratio of 1.23 and a current ratio of 1.23.

Nielsen (NYSE:NLSN) last issued its quarterly earnings results on Thursday, April 26th. The business services provider reported $0.20 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.44 by ($0.24). The business had revenue of $1.61 billion for the quarter, compared to analyst estimates of $1.61 billion. Nielsen had a return on equity of 16.45% and a net margin of 6.46%. The firm’s revenue for the quarter was up 5.5% compared to the same quarter last year. During the same period in the prior year, the company posted $0.20 EPS. analysts predict that Nielsen will post 2.48 EPS for the current year.

In related news, Director Robert C. Pozen sold 12,210 shares of the firm’s stock in a transaction that occurred on Friday, April 27th. The shares were sold at an average price of $31.96, for a total value of $390,231.60. Following the sale, the director now owns 224,012 shares of the company’s stock, valued at $7,159,423.52. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 0.35% of the stock is owned by company insiders.

A number of institutional investors have recently made changes to their positions in the business. Barrow Hanley Mewhinney & Strauss LLC increased its stake in Nielsen by 0.4% in the first quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 10,264,744 shares of the business services provider’s stock valued at $326,317,000 after purchasing an additional 43,266 shares during the last quarter. Windacre Partnership LLC increased its stake in Nielsen by 95.2% in the first quarter. Windacre Partnership LLC now owns 4,399,100 shares of the business services provider’s stock valued at $139,847,000 after purchasing an additional 2,146,000 shares during the last quarter. Clarkston Capital Partners LLC increased its stake in Nielsen by 73.1% in the second quarter. Clarkston Capital Partners LLC now owns 2,905,160 shares of the business services provider’s stock valued at $89,857,000 after purchasing an additional 1,227,220 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in Nielsen by 30.4% in the first quarter. Dimensional Fund Advisors LP now owns 2,856,251 shares of the business services provider’s stock valued at $90,800,000 after purchasing an additional 665,127 shares during the last quarter. Finally, Santa Barbara Asset Management LLC increased its stake in Nielsen by 3.5% in the first quarter. Santa Barbara Asset Management LLC now owns 2,835,138 shares of the business services provider’s stock valued at $90,129,000 after purchasing an additional 95,856 shares during the last quarter. Institutional investors own 94.83% of the company’s stock.

Nielsen Company Profile

Nielsen Holdings plc, together with its subsidiaries, operates as an information and measurement company. It operates through Buy and Watch segments. The company provides media and marketing information, analytics, and manufacturer and retailer expertise about what and where consumers buy, read, watch, and listen.

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