Cubist Systematic Strategies LLC Has $1.28 Million Stake in Nielsen Holdings PLC (NLSN)

Cubist Systematic Strategies LLC raised its stake in shares of Nielsen Holdings PLC (NYSE:NLSN) by 105.9% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 41,480 shares of the business services provider’s stock after buying an additional 21,337 shares during the quarter. Cubist Systematic Strategies LLC’s holdings in Nielsen were worth $1,283,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Point72 Hong Kong Ltd bought a new position in shares of Nielsen during the 2nd quarter valued at about $188,000. First Republic Investment Management Inc. lifted its holdings in shares of Nielsen by 15.9% during the 2nd quarter. First Republic Investment Management Inc. now owns 61,506 shares of the business services provider’s stock valued at $1,903,000 after purchasing an additional 8,439 shares in the last quarter. North Run Capital LP bought a new position in shares of Nielsen during the 2nd quarter valued at about $1,693,000. BB&T Securities LLC lifted its holdings in shares of Nielsen by 8.9% during the 2nd quarter. BB&T Securities LLC now owns 564,269 shares of the business services provider’s stock valued at $17,452,000 after purchasing an additional 45,976 shares in the last quarter. Finally, Renaissance Technologies LLC lifted its stake in Nielsen by 199.0% in the 2nd quarter. Renaissance Technologies LLC now owns 480,200 shares of the business services provider’s stock valued at $14,853,000 after acquiring an additional 319,600 shares in the last quarter. Institutional investors own 95.56% of the company’s stock.

Shares of Nielsen stock opened at $27.22 on Tuesday. Nielsen Holdings PLC has a 12-month low of $20.53 and a 12-month high of $42.15. The company has a market cap of $9.49 billion, a PE ratio of 12.90, a P/E/G ratio of 1.42 and a beta of 0.96. The company has a current ratio of 1.18, a quick ratio of 1.19 and a debt-to-equity ratio of 1.96.

Nielsen (NYSE:NLSN) last announced its quarterly earnings data on Thursday, July 26th. The business services provider reported $0.20 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.59 by ($0.39). Nielsen had a return on equity of 15.28% and a net margin of 5.57%. The company had revenue of $1.65 billion for the quarter, compared to the consensus estimate of $1.71 billion. During the same quarter in the prior year, the company earned $0.37 EPS. The company’s revenue for the quarter was up .2% on a year-over-year basis. equities analysts expect that Nielsen Holdings PLC will post 1.98 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 5th. Investors of record on Wednesday, August 22nd were issued a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 5.14%. The ex-dividend date was Tuesday, August 21st. Nielsen’s payout ratio is presently 66.35%.

Several research firms have commented on NLSN. Goldman Sachs Group cut Nielsen from a “neutral” rating to a “sell” rating in a research note on Monday, July 2nd. Morgan Stanley cut their target price on Nielsen from $40.00 to $38.00 and set a “$30.76” rating on the stock in a research note on Wednesday, July 18th. Pivotal Research upgraded Nielsen from a “hold” rating to a “buy” rating and set a $35.00 target price on the stock in a research note on Monday, June 4th. Citigroup cut their target price on Nielsen from $41.00 to $29.00 and set a “buy” rating on the stock in a research note on Monday, August 20th. Finally, Barclays upgraded Nielsen from an “underweight” rating to an “equal weight” rating and boosted their target price for the company from $21.00 to $27.00 in a research note on Tuesday, August 14th. Three investment analysts have rated the stock with a sell rating, six have assigned a hold rating and seven have issued a buy rating to the company. Nielsen presently has a consensus rating of “Hold” and a consensus price target of $30.77.

About Nielsen

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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Institutional Ownership by Quarter for Nielsen (NYSE:NLSN)

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