First Republic Investment Management Inc. Acquires 8,439 Shares of Nielsen Holdings PLC (NLSN)

First Republic Investment Management Inc. boosted its holdings in Nielsen Holdings PLC (NYSE:NLSN) by 15.9% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 61,506 shares of the business services provider’s stock after acquiring an additional 8,439 shares during the quarter. First Republic Investment Management Inc.’s holdings in Nielsen were worth $1,903,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Piedmont Investment Advisors LLC bought a new position in Nielsen in the 2nd quarter valued at about $122,000. Northwestern Mutual Wealth Management Co. lifted its position in Nielsen by 77.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 6,477 shares of the business services provider’s stock valued at $200,000 after acquiring an additional 2,827 shares in the last quarter. Campbell & CO Investment Adviser LLC bought a new position in Nielsen in the 2nd quarter valued at about $201,000. Redwood Investment Management LLC bought a new position in Nielsen in the 1st quarter valued at about $222,000. Finally, Rampart Investment Management Company LLC lifted its position in Nielsen by 76.0% in the 1st quarter. Rampart Investment Management Company LLC now owns 7,352 shares of the business services provider’s stock valued at $234,000 after acquiring an additional 3,175 shares in the last quarter. 95.56% of the stock is currently owned by institutional investors and hedge funds.

Nielsen stock opened at $27.22 on Tuesday. Nielsen Holdings PLC has a 52 week low of $20.53 and a 52 week high of $42.15. The company has a current ratio of 1.18, a quick ratio of 1.19 and a debt-to-equity ratio of 1.96. The company has a market cap of $9.49 billion, a price-to-earnings ratio of 12.90, a PEG ratio of 1.42 and a beta of 0.96.

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

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

Several equities analysts recently weighed in on the stock. Zacks Investment Research cut shares of Nielsen from a “hold” rating to a “strong sell” rating in a research report on Tuesday, July 31st. Pivotal Research dropped their target price on shares of Nielsen from $35.00 to $27.00 and set a “buy” rating on the stock in a research report on Thursday, July 26th. Morgan Stanley set a $26.00 target price on shares of Nielsen and gave the stock a “buy” rating in a research report on Tuesday, August 14th. Robert W. Baird lifted their target price on shares of Nielsen from $26.00 to $30.00 and gave the stock a “buy” rating in a research report on Tuesday, August 14th. Finally, Citigroup dropped their target price on shares of Nielsen from $41.00 to $29.00 and set a “buy” rating on the stock in a research report on Monday, August 20th. Three research analysts have rated the stock with a sell rating, six have issued a hold rating and seven have assigned a buy rating to the company. Nielsen presently has an average rating of “Hold” and a consensus price target of $30.77.

Nielsen 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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Institutional Ownership by Quarter for Nielsen (NYSE:NLSN)

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