BlueCrest Capital Management Ltd boosted its stake in NIQ Global Intelligence plc (NYSE:NIQ – Free Report) by 50.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 300,000 shares of the company’s stock after buying an additional 100,000 shares during the quarter. BlueCrest Capital Management Ltd owned approximately 0.10% of NIQ Global Intelligence worth $2,805,000 at the end of the most recent reporting period.
Several other institutional investors also recently bought and sold shares of NIQ. Deutsche Bank AG acquired a new stake in shares of NIQ Global Intelligence in the fourth quarter worth approximately $38,000. BNP Paribas Financial Markets purchased a new stake in shares of NIQ Global Intelligence during the third quarter worth approximately $44,000. Legal & General Group Plc acquired a new position in NIQ Global Intelligence in the 3rd quarter valued at $76,000. Clearstead Advisors LLC raised its stake in NIQ Global Intelligence by 195.9% in the 4th quarter. Clearstead Advisors LLC now owns 4,900 shares of the company’s stock valued at $81,000 after purchasing an additional 3,244 shares during the last quarter. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in NIQ Global Intelligence in the 2nd quarter valued at $108,000.
NIQ Global Intelligence Stock Performance
NYSE:NIQ opened at $18.13 on Thursday. The company has a debt-to-equity ratio of 3.01, a current ratio of 1.09 and a quick ratio of 1.09. The firm has a market capitalization of $5.35 billion, a price-to-earnings ratio of -14.86 and a beta of -0.24. The company’s 50-day moving average is $14.22 and its two-hundred day moving average is $11.66. NIQ Global Intelligence plc has a 1-year low of $7.93 and a 1-year high of $19.69.
Analyst Ratings Changes
Several brokerages recently issued reports on NIQ. Wall Street Zen raised shares of NIQ Global Intelligence from a “hold” rating to a “buy” rating in a research note on Saturday, May 16th. Zacks Research upgraded NIQ Global Intelligence from a “hold” rating to a “strong-buy” rating in a report on Thursday, August 20th. UBS Group increased their price target on NIQ Global Intelligence from $17.00 to $25.00 and gave the company a “buy” rating in a report on Tuesday, September 1st. Robert W. Baird lifted their price objective on NIQ Global Intelligence from $17.00 to $23.00 and gave the stock an “outperform” rating in a research report on Friday, August 28th. Finally, BMO Capital Markets set a $16.00 price objective on NIQ Global Intelligence in a research note on Wednesday, August 12th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, NIQ Global Intelligence currently has an average rating of “Moderate Buy” and an average price target of $18.50.
Check Out Our Latest Report on NIQ Global Intelligence
About NIQ Global Intelligence
Nuveen Intermediate Duration Quality Municipal Term Fund is a close ended fixed income mutual fund launched by Nuveen Investments Inc The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests into public fixed income markets of the United States. The fund seeks to invest in stocks of companies that are operating across diversified sectors. It primarily invests in municipal securities that are exempt from federal income taxes, and seeks to maintain a portfolio with an intermediate effective duration of between 3 and 10 years, including the effects of leverage.
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