Victory Capital Management Inc. decreased its holdings in shares of Nielsen Holdings PLC (NYSE:NLSN) by 98.1% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,288 shares of the business services provider’s stock after selling 279,362 shares during the quarter. Victory Capital Management Inc.’s holdings in Nielsen were worth $146,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also made changes to their positions in the company. Piedmont Investment Advisors LLC bought a new stake in Nielsen during the second quarter worth $122,000. Point72 Hong Kong Ltd bought a new stake in Nielsen during the second quarter worth $188,000. Northwestern Mutual Wealth Management Co. raised its position in Nielsen by 77.5% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 6,477 shares of the business services provider’s stock worth $200,000 after acquiring an additional 2,827 shares in the last quarter. Dupont Capital Management Corp raised its position in Nielsen by 127.8% during the second quarter. Dupont Capital Management Corp now owns 7,532 shares of the business services provider’s stock worth $233,000 after acquiring an additional 4,225 shares in the last quarter. Finally, First Hawaiian Bank bought a new stake in Nielsen during the third quarter worth $281,000.
Several research firms have issued reports on NLSN. Zacks Investment Research raised shares of Nielsen from a “sell” rating to a “hold” rating in a research report on Friday. ValuEngine raised shares of Nielsen from a “strong sell” rating to a “sell” rating in a research report on Monday, October 22nd. Morgan Stanley set a $27.00 price target on shares of Nielsen and gave the stock a “buy” rating in a research report on Thursday, September 13th. Citigroup dropped their price objective on shares of Nielsen from $41.00 to $29.00 and set a “buy” rating on the stock in a research report on Monday, August 20th. Finally, Pivotal Research lowered shares of Nielsen from a “buy” rating to a “hold” rating and set a $27.00 price objective on the stock. in a research report on Wednesday, August 15th. One research analyst has rated the stock with a sell rating, six have given a hold rating and seven have assigned a buy rating to the company. Nielsen presently has a consensus rating of “Hold” and a consensus price target of $29.67.
Nielsen (NYSE:NLSN) last issued its quarterly earnings data on Thursday, October 25th. The business services provider reported $0.27 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.25 by $0.02. The company had revenue of $1.60 billion for the quarter, compared to analyst estimates of $1.58 billion. Nielsen had a net margin of 4.85% and a return on equity of 14.56%. Equities research analysts anticipate that Nielsen Holdings PLC will post 1.95 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 5th. Stockholders of record on Wednesday, November 21st will be given a $0.35 dividend. This represents a $1.40 annualized dividend and a dividend yield of 4.97%. The ex-dividend date is Tuesday, November 20th. Nielsen’s payout ratio is presently 66.35%.
Nielsen Company Profile
Nielsen Holdings plc, together with its subsidiaries, operates as an information and measurement company. It operates through Buy and Watch segments. The company provides media and marketing information, analytics, and manufacturer and retailer expertise about what and where consumers buy, read, watch, and listen.
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