Hallmark Capital Management Inc. acquired a new position in shares of Nielsen N.V. (NYSE:NLSN) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 398,354 shares of the business services provider’s stock, valued at approximately $16,512,000. Nielsen N.V. comprises about 2.1% of Hallmark Capital Management Inc.’s holdings, making the stock its 22nd biggest holding. Hallmark Capital Management Inc. owned about 0.11% of Nielsen N.V. at the end of the most recent reporting period.
Other large investors also recently modified their holdings of the company. Zurich Insurance Group Ltd FI purchased a new stake in Nielsen N.V. in the 2nd quarter valued at $2,407,000. Bradley Foster & Sargent Inc. CT raised its position in Nielsen N.V. by 16.2% in the 2nd quarter. Bradley Foster & Sargent Inc. CT now owns 564,027 shares of the business services provider’s stock valued at $21,805,000 after purchasing an additional 78,770 shares during the last quarter. Commonwealth Bank of Australia raised its position in Nielsen N.V. by 20.5% in the 2nd quarter. Commonwealth Bank of Australia now owns 26,733 shares of the business services provider’s stock valued at $1,032,000 after purchasing an additional 4,543 shares during the last quarter. Copeland Capital Management LLC raised its position in Nielsen N.V. by 24.9% in the 2nd quarter. Copeland Capital Management LLC now owns 195,978 shares of the business services provider’s stock valued at $7,577,000 after purchasing an additional 39,086 shares during the last quarter. Finally, Swiss National Bank raised its position in Nielsen N.V. by 3.2% in the 2nd quarter. Swiss National Bank now owns 1,306,461 shares of the business services provider’s stock valued at $50,508,000 after purchasing an additional 39,900 shares during the last quarter. Institutional investors and hedge funds own 96.27% of the company’s stock.
Several research firms recently commented on NLSN. BidaskClub downgraded shares of Nielsen N.V. from a “buy” rating to a “hold” rating in a research report on Saturday, August 19th. Cantor Fitzgerald reiterated a “hold” rating and issued a $45.00 price target on shares of Nielsen N.V. in a research report on Monday, October 23rd. Credit Suisse Group reduced their price target on shares of Nielsen N.V. from $47.00 to $46.00 and set an “outperform” rating for the company in a research report on Thursday, October 26th. Zacks Investment Research upgraded shares of Nielsen N.V. from a “strong sell” rating to a “hold” rating in a research report on Tuesday, September 26th. Finally, Needham & Company LLC reiterated a “buy” rating on shares of Nielsen N.V. in a research report on Friday, October 27th. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have issued a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $45.50.
Shares of Nielsen N.V. (NYSE:NLSN) traded down 1.848% during trading on Wednesday, reaching $36.385. 1,391,321 shares of the company’s stock traded hands. Nielsen N.V. has a 1-year low of $36.14 and a 1-year high of $46.23. The company has a market capitalization of $12.97 billion, a price-to-earnings ratio of 26.520 and a beta of 0.99. The company has a 50 day moving average of $40.29 and a 200-day moving average of $39.77.
In other Nielsen N.V. news, Director Karen M. Hoguet sold 18,620 shares of the firm’s stock in a transaction on Wednesday, September 6th. The stock was sold at an average price of $39.01, for a total value of $726,366.20. Following the sale, the director now directly owns 44,080 shares in the company, valued at $1,719,560.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Jeffrey Charlton sold 3,762 shares of the firm’s stock in a transaction on Monday, September 11th. The shares were sold at an average price of $49.21, for a total value of $185,128.02. The disclosure for this sale can be found here. Insiders sold 43,312 shares of company stock worth $1,811,484 over the last quarter. 0.67% of the stock is currently owned by company insiders.
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Nielsen N.V. Profile
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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