Nielsen N.V. (NYSE:NLSN) Upgraded to Buy by BidaskClub

Nielsen N.V. (NYSE:NLSN) was upgraded by equities research analysts at BidaskClub from a “hold” rating to a “buy” rating in a research note issued on Saturday, August 5th.

Other analysts have also issued research reports about the stock. TheStreet upgraded shares of Nielsen N.V. from a “c” rating to a “b-” rating in a research note on Monday, July 31st. Deutsche Bank AG restated a “buy” rating and set a $47.00 price target on shares of Nielsen N.V. in a research note on Monday, April 17th. Zacks Investment Research upgraded shares of Nielsen N.V. from a “hold” rating to a “buy” rating and set a $47.00 price target for the company in a research note on Wednesday, April 26th. Cantor Fitzgerald reiterated a “hold” rating and issued a $48.00 target price on shares of Nielsen N.V. in a research note on Friday, April 21st. Finally, BMO Capital Markets reiterated a “hold” rating and issued a $45.00 target price on shares of Nielsen N.V. in a research note on Monday, April 17th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and seven have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $46.64.

Shares of Nielsen N.V. (NYSE NLSN) traded down 0.87% during midday trading on Friday, reaching $39.66. The company had a trading volume of 1,885,536 shares. Nielsen N.V. has a 12 month low of $36.96 and a 12 month high of $54.99. The company has a market capitalization of $14.14 billion, a P/E ratio of 28.91 and a beta of 0.97. The firm’s 50 day moving average price is $40.05 and its 200-day moving average price is $40.91.

Nielsen N.V. (NYSE:NLSN) last released its earnings results on Thursday, July 27th. The business services provider reported $0.49 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.63 by $0.14. Nielsen N.V. had a net margin of 7.68% and a return on equity of 15.96%. The company had revenue of $1.64 billion for the quarter, compared to analyst estimates of $1.65 billion. During the same quarter in the previous year, the firm earned $0.31 EPS. The firm’s revenue was up 3.0% on a year-over-year basis. Analysts anticipate that Nielsen N.V. will post $2.60 earnings per share for the current fiscal year.

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In other news, CFO Jamere Jackson sold 11,500 shares of the stock in a transaction dated Tuesday, May 30th. The shares were sold at an average price of $38.55, for a total value of $443,325.00. Following the sale, the chief financial officer now directly owns 87,888 shares of the company’s stock, valued at $3,388,082.40. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Stephen Hasker sold 20,930 shares of the stock in a transaction dated Thursday, August 3rd. The stock was sold at an average price of $43.00, for a total transaction of $899,990.00. Following the completion of the sale, the insider now directly owns 79,341 shares in the company, valued at $3,411,663. The disclosure for this sale can be found here. 1.20% of the stock is owned by corporate insiders.

Several large investors have recently made changes to their positions in the company. Group One Trading L.P. purchased a new stake in shares of Nielsen N.V. during the second quarter worth about $108,000. First Interstate Bank purchased a new stake in shares of Nielsen N.V. during the second quarter worth about $124,000. Creative Planning increased its stake in shares of Nielsen N.V. by 3.0% in the second quarter. Creative Planning now owns 3,593 shares of the business services provider’s stock worth $139,000 after buying an additional 103 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in shares of Nielsen N.V. by 2.5% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,620 shares of the business services provider’s stock worth $140,000 after buying an additional 87 shares during the last quarter. Finally, BB&T Investment Services Inc. bought a new stake in shares of Nielsen N.V. during the second quarter worth $151,000. 96.05% of the stock is currently owned by hedge funds and other institutional investors.

About Nielsen N.V.

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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