First Mercantile Trust Co. grew its holdings in Nielsen Holdings PLC (NYSE:NLSN) by 23.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,055 shares of the business services provider’s stock after purchasing an additional 2,305 shares during the quarter. First Mercantile Trust Co.’s holdings in Nielsen were worth $256,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other large investors have also made changes to their positions in NLSN. Campbell & CO Investment Adviser LLC acquired a new position in shares of Nielsen in the 2nd quarter valued at about $558,000. Xact Kapitalforvaltning AB lifted its stake in shares of Nielsen by 13.0% in the 2nd quarter. Xact Kapitalforvaltning AB now owns 69,177 shares of the business services provider’s stock valued at $1,563,000 after purchasing an additional 7,969 shares during the period. National Investment Services Inc. WI lifted its stake in shares of Nielsen by 7.1% in the 2nd quarter. National Investment Services Inc. WI now owns 27,998 shares of the business services provider’s stock valued at $633,000 after purchasing an additional 1,864 shares during the period. Oregon Public Employees Retirement Fund lifted its stake in shares of Nielsen by 9.8% in the 2nd quarter. Oregon Public Employees Retirement Fund now owns 37,808 shares of the business services provider’s stock valued at $854,000 after purchasing an additional 3,380 shares during the period. Finally, Fjarde AP Fonden Fourth Swedish National Pension Fund lifted its stake in shares of Nielsen by 16.1% in the 2nd quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 156,397 shares of the business services provider’s stock valued at $3,535,000 after purchasing an additional 21,700 shares during the period. 96.47% of the stock is currently owned by institutional investors.
A number of brokerages have recently issued reports on NLSN. Citigroup set a $28.00 price objective on Nielsen and gave the company a “buy” rating in a research note on Friday, August 16th. ValuEngine downgraded Nielsen from a “hold” rating to a “sell” rating in a research note on Friday, November 1st. Finally, Morgan Stanley decreased their target price on Nielsen from $27.00 to $25.00 and set an “overweight” rating for the company in a research report on Friday. One analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $26.00.
Nielsen (NYSE:NLSN) last issued its earnings results on Thursday, November 7th. The business services provider reported $0.51 EPS for the quarter, beating analysts’ consensus estimates of $0.40 by $0.11. Nielsen had a positive return on equity of 18.97% and a negative net margin of 10.70%. The business had revenue of $1.62 billion during the quarter, compared to analyst estimates of $1.61 billion. During the same period in the previous year, the company posted $0.27 EPS. The firm’s revenue was up 1.0% compared to the same quarter last year. On average, sell-side analysts expect that Nielsen Holdings PLC will post 1.69 EPS for the current year.
Nielsen Company Profile
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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