Nielsen Holdings PLC (NYSE:NLSN) was the recipient of a large decline in short interest in the month of July. As of July 31st, there was short interest totalling 11,595,800 shares, a decline of 8.2% from the June 30th total of 12,629,100 shares. Currently, 3.3% of the company’s shares are sold short. Based on an average trading volume of 3,150,000 shares, the short-interest ratio is presently 3.7 days.
Hedge funds have recently made changes to their positions in the company. Parallel Advisors LLC grew its holdings in shares of Nielsen by 75.2% in the 1st quarter. Parallel Advisors LLC now owns 1,051 shares of the business services provider’s stock valued at $25,000 after buying an additional 451 shares during the period. Bessemer Group Inc. lifted its position in Nielsen by 675.1% in the 2nd quarter. Bessemer Group Inc. now owns 1,961 shares of the business services provider’s stock valued at $45,000 after acquiring an additional 1,708 shares in the last quarter. CSat Investment Advisory L.P. lifted its position in Nielsen by 66.5% in the 2nd quarter. CSat Investment Advisory L.P. now owns 1,998 shares of the business services provider’s stock valued at $45,000 after acquiring an additional 798 shares in the last quarter. Quadrant Capital Group LLC lifted its position in Nielsen by 1,516.6% in the 1st quarter. Quadrant Capital Group LLC now owns 2,441 shares of the business services provider’s stock valued at $55,000 after acquiring an additional 2,290 shares in the last quarter. Finally, NuWave Investment Management LLC lifted its position in Nielsen by 2,320.6% in the 2nd quarter. NuWave Investment Management LLC now owns 3,413 shares of the business services provider’s stock valued at $77,000 after acquiring an additional 3,272 shares in the last quarter. 95.24% of the stock is owned by institutional investors.
A number of analysts have commented on NLSN shares. ValuEngine lowered shares of Nielsen from a “hold” rating to a “sell” rating in a report on Tuesday, May 28th. Zacks Investment Research lowered shares of Nielsen from a “buy” rating to a “hold” rating in a report on Wednesday, May 22nd. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and three 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 $26.25.
Shares of NLSN stock traded down $0.69 on Thursday, hitting $20.23. The stock had a trading volume of 2,640,278 shares, compared to its average volume of 3,484,339. Nielsen has a twelve month low of $20.22 and a twelve month high of $28.50. The firm has a market cap of $7.44 billion, a P/E ratio of 11.69, a PEG ratio of 1.11 and a beta of 0.91. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 2.90. The company has a fifty day moving average price of $22.71 and a two-hundred day moving average price of $24.46.
Nielsen (NYSE:NLSN) last announced its quarterly earnings results on Wednesday, July 31st. The business services provider reported $0.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.38 by $0.12. Nielsen had a negative net margin of 10.70% and a positive return on equity of 18.97%. The company had revenue of $1.63 billion during the quarter, compared to analyst estimates of $1.63 billion. During the same quarter in the previous year, the business earned $0.20 EPS. The firm’s revenue was down 1.2% on a year-over-year basis. On average, analysts expect that Nielsen will post 1.58 earnings per share for the current year.
The company also recently declared a quarterly dividend, which will be paid on Thursday, September 5th. Stockholders of record on Thursday, August 22nd will be issued a $0.35 dividend. This is a positive change from Nielsen’s previous quarterly dividend of $0.31. The ex-dividend date is Wednesday, August 21st. This represents a $1.40 annualized dividend and a dividend yield of 6.92%. Nielsen’s payout ratio is 80.92%.
Nielsen Holdings plc, together with its subsidiaries, operates as a measurement and data analytics company. It operates in two segments, Buy and Watch. The Buy segment provides retail transactional measurement data, consumer behavior information, and analytics primarily to businesses in the consumer packaged goods industry.
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