Janney Montgomery Scott LLC Sells 1,499 Shares of Nielsen Holdings PLC (NYSE:NLSN)

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Janney Montgomery Scott LLC decreased its holdings in shares of Nielsen Holdings PLC (NYSE:NLSN) by 3.2% during the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 45,015 shares of the business services provider’s stock after selling 1,499 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Nielsen were worth $957,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in NLSN. Vanguard Group Inc. grew its stake in Nielsen by 7.6% in the second quarter. Vanguard Group Inc. now owns 41,874,992 shares of the business services provider’s stock worth $946,375,000 after purchasing an additional 2,953,745 shares in the last quarter. BlackRock Inc. grew its stake in Nielsen by 1.3% in the second quarter. BlackRock Inc. now owns 22,958,678 shares of the business services provider’s stock worth $518,867,000 after purchasing an additional 287,901 shares in the last quarter. Windacre Partnership LLC grew its stake in Nielsen by 15.4% in the second quarter. Windacre Partnership LLC now owns 19,992,000 shares of the business services provider’s stock worth $451,819,000 after purchasing an additional 2,674,500 shares in the last quarter. Invesco Ltd. grew its stake in Nielsen by 12.8% in the second quarter. Invesco Ltd. now owns 13,773,681 shares of the business services provider’s stock worth $311,285,000 after purchasing an additional 1,559,115 shares in the last quarter. Finally, Clarkston Capital Partners LLC grew its stake in Nielsen by 4.6% in the second quarter. Clarkston Capital Partners LLC now owns 6,733,027 shares of the business services provider’s stock worth $152,166,000 after purchasing an additional 298,982 shares in the last quarter. 96.47% of the stock is currently owned by hedge funds and other institutional investors.

Shares of NYSE NLSN opened at $20.35 on Friday. 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 stock has a market capitalization of $7.43 billion, a PE ratio of 11.76, a price-to-earnings-growth ratio of 1.03 and a beta of 0.92. The stock’s fifty day simple moving average is $20.92 and its two-hundred day simple moving average is $22.33. Nielsen Holdings PLC has a 12-month low of $17.94 and a 12-month high of $28.50.

Nielsen (NYSE:NLSN) last announced its earnings results on Thursday, November 7th. The business services provider reported $0.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.11. The business had revenue of $1.62 billion for the quarter, compared to analysts’ expectations of $1.61 billion. Nielsen had a positive return on equity of 18.97% and a negative net margin of 10.70%. The business’s revenue for the quarter was up 1.0% on a year-over-year basis. During the same quarter last year, the firm earned $0.27 EPS. On average, equities analysts predict that Nielsen Holdings PLC will post 1.69 earnings per share for the current fiscal year.

Several research analysts recently issued reports on NLSN shares. Citigroup set a $28.00 price objective on Nielsen and gave the stock a “buy” rating in a research note on Friday, August 16th. ValuEngine cut Nielsen from a “hold” rating to a “sell” rating in a research note on Friday, November 1st. Finally, Morgan Stanley dropped their target price on Nielsen from $27.00 to $25.00 and set an “overweight” rating on the stock in a research report on Friday. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $26.00.

About Nielsen

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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Institutional Ownership by Quarter for Nielsen (NYSE:NLSN)

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