Nielsen Holdings plc (NYSE:NLSN) Shares Sold by State of Tennessee Treasury Department

State of Tennessee Treasury Department lowered its position in shares of Nielsen Holdings plc (NYSE:NLSN) by 0.7% during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 63,620 shares of the business services provider’s stock after selling 450 shares during the period. State of Tennessee Treasury Department’s holdings in Nielsen were worth $1,600,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of NLSN. Captrust Financial Advisors grew its stake in Nielsen by 170.0% during the 4th quarter. Captrust Financial Advisors now owns 2,379 shares of the business services provider’s stock worth $50,000 after buying an additional 1,498 shares during the last quarter. Daiwa Securities Group Inc. boosted its holdings in shares of Nielsen by 29.7% in the first quarter. Daiwa Securities Group Inc. now owns 2,054 shares of the business services provider’s stock valued at $52,000 after acquiring an additional 470 shares during the period. Contravisory Investment Management Inc. purchased a new position in shares of Nielsen during the first quarter worth approximately $53,000. Vantage Consulting Group Inc purchased a new position in shares of Nielsen during the fourth quarter worth approximately $58,000. Finally, US Bancorp DE increased its holdings in shares of Nielsen by 30.6% in the 4th quarter. US Bancorp DE now owns 3,462 shares of the business services provider’s stock valued at $72,000 after acquiring an additional 811 shares during the period.

NLSN opened at $25.58 on Friday. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 1.86. Nielsen Holdings plc has a 12 month low of $13.13 and a 12 month high of $28.42. The firm has a market cap of $9.17 billion, a PE ratio of 15.69 and a beta of 1.46. The company has a 50 day simple moving average of $26.42.

Nielsen (NYSE:NLSN) last released its quarterly earnings data on Thursday, May 6th. The business services provider reported $0.47 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.32 by $0.15. Nielsen had a return on equity of 25.28% and a net margin of 10.46%. The firm had revenue of $863.00 million during the quarter, compared to analysts’ expectations of $847.47 million. During the same quarter in the prior year, the business posted $0.29 earnings per share. Nielsen’s revenue was down 44.6% compared to the same quarter last year. As a group, sell-side analysts expect that Nielsen Holdings plc will post 1.46 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 17th. Stockholders of record on Thursday, June 3rd will be issued a $0.06 dividend. The ex-dividend date of this dividend is Wednesday, June 2nd. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.94%. Nielsen’s dividend payout ratio is presently 15.79%.

Several brokerages have issued reports on NLSN. Truist raised their price objective on shares of Nielsen from $20.00 to $26.00 in a research report on Monday, March 1st. Morgan Stanley lowered Nielsen from an “overweight” rating to an “equal weight” rating and set a $29.00 price target on the stock. in a report on Thursday. Citigroup downgraded Nielsen from a “buy” rating to a “neutral” rating and upped their price objective for the company from $27.00 to $29.00 in a research note on Friday, May 21st. BMO Capital Markets lifted their target price on Nielsen from $30.00 to $33.00 and gave the company an “outperform” rating in a research note on Thursday, May 13th. Finally, Deutsche Bank Aktiengesellschaft boosted their target price on Nielsen from $18.00 to $29.00 and gave the company a “hold” rating in a report on Friday, March 19th. Seven research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Nielsen has a consensus rating of “Hold” and a consensus target price of $25.64.

Nielsen Profile

Nielsen Holdings plc, together with its subsidiaries, operates as a measurement and data analytics company worldwide. It operates in two segments, Nielsen Global Media (Media) and Nielsen Global Connect (Connect). The Media segment provides viewership and listening data, and analytics principally to media publishers and marketers, and advertising agencies for television, radio, digital viewing, and listening platforms.

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Institutional Ownership by Quarter for Nielsen (NYSE:NLSN)

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