Baird Financial Group Inc. decreased its holdings in shares of Nielsen N.V. (NYSE:NLSN) by 41.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 997,894 shares of the business services provider’s stock after selling 700,279 shares during the quarter. Baird Financial Group Inc. owned approximately 0.28% of Nielsen worth $36,323,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also made changes to their positions in NLSN. Barrow Hanley Mewhinney & Strauss LLC lifted its holdings in shares of Nielsen by 72.9% during the 4th quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 10,221,478 shares of the business services provider’s stock worth $372,062,000 after acquiring an additional 4,310,880 shares during the period. Vontobel Asset Management Inc. lifted its holdings in Nielsen by 51.2% during the 4th quarter. Vontobel Asset Management Inc. now owns 6,898,520 shares of the business services provider’s stock valued at $257,335,000 after purchasing an additional 2,334,866 shares during the last quarter. Bank of New York Mellon Corp increased its position in Nielsen by 0.3% in the 3rd quarter. Bank of New York Mellon Corp now owns 6,505,579 shares of the business services provider’s stock valued at $269,656,000 after acquiring an additional 18,276 shares in the last quarter. Parnassus Investments CA increased its position in Nielsen by 107.5% in the 4th quarter. Parnassus Investments CA now owns 5,187,500 shares of the business services provider’s stock valued at $188,825,000 after acquiring an additional 2,687,500 shares in the last quarter. Finally, Boston Partners increased its position in Nielsen by 3.6% in the 3rd quarter. Boston Partners now owns 4,062,685 shares of the business services provider’s stock valued at $168,398,000 after acquiring an additional 141,937 shares in the last quarter. Institutional investors own 98.08% of the company’s stock.
In related news, CFO Jamere Jackson sold 16,000 shares of Nielsen stock in a transaction dated Thursday, December 14th. The stock was 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 owns 93,138 shares of the company’s stock, valued at approximately $3,380,909.40. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Company insiders own 0.67% of the company’s stock.
Nielsen (NYSE:NLSN) last posted its quarterly earnings results on Thursday, February 8th. The business services provider reported $0.71 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.75 by ($0.04). Nielsen had a net margin of 6.53% and a return on equity of 16.79%. The business had revenue of $1.76 billion during the quarter, compared to analyst estimates of $1.76 billion. During the same period in the previous year, the business posted $0.44 EPS. The business’s revenue for the quarter was up 6.3% compared to the same quarter last year. equities analysts expect that Nielsen N.V. will post 2.52 EPS for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, March 21st. Stockholders of record on Wednesday, March 7th will be paid a dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a dividend yield of 4.05%. The ex-dividend date of this dividend is Tuesday, March 6th. Nielsen’s payout ratio is 113.33%.
Several equities research analysts have recently commented on the stock. Deutsche Bank set a $35.00 price target on shares of Nielsen and gave the stock a “hold” rating in a research report on Wednesday, November 29th. Barclays cut shares of Nielsen from an “equal weight” rating to an “underweight” rating and decreased their price objective for the company from $45.00 to $38.00 in a report on Thursday, December 14th. Zacks Investment Research lowered shares of Nielsen from a “hold” rating to a “sell” rating in a research note on Tuesday, December 26th. Macquarie lowered shares of Nielsen from an “outperform” rating to a “neutral” rating and set a $38.00 price target on the stock. in a research note on Tuesday, January 2nd. Finally, Robert W. Baird raised shares of Nielsen from a “neutral” rating to an “outperform” rating in a research report on Monday, January 8th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and eight have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $41.88.
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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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