Investors Purchase High Volume of Put Options on Nielsen (NLSN)

Nielsen Holdings PLC (NYSE:NLSN) saw unusually large options trading activity on Tuesday. Investors purchased 36,645 put options on the company. This represents an increase of approximately 3,624% compared to the average daily volume of 984 put options.

NYSE:NLSN opened at $25.47 on Wednesday. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 1.97. The company has a market capitalization of $8.73 billion, a PE ratio of 14.05, a PEG ratio of 1.32 and a beta of 0.94. Nielsen has a 1-year low of $20.53 and a 1-year high of $39.25.

Nielsen (NYSE:NLSN) last posted its quarterly earnings data on Thursday, October 25th. The business services provider reported $0.27 earnings per share for the quarter, beating analysts’ consensus estimates of $0.25 by $0.02. The business had revenue of $1.60 billion during 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%. Research analysts anticipate that Nielsen will post 1.98 earnings per share for the current fiscal year.



The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 5th. Investors of record on Wednesday, November 21st will be issued a $0.35 dividend. The ex-dividend date of this dividend is Tuesday, November 20th. This represents a $1.40 dividend on an annualized basis and a yield of 5.50%. Nielsen’s payout ratio is 66.35%.

A number of brokerages have issued reports on NLSN. SunTrust Banks cut their target price on shares of Nielsen from $28.00 to $27.00 and set a “buy” rating for the company in a research report on Monday. BMO Capital Markets reissued a “market weight” rating and issued a $24.00 price objective (down previously from $38.00) on shares of Nielsen in a research report on Friday, July 27th. Barclays raised shares of Nielsen from an “underweight” rating to an “equal weight” rating and boosted their price objective for the company from $21.00 to $27.00 in a research report on Tuesday, August 14th. Morgan Stanley cut their price objective on shares of Nielsen from $40.00 to $38.00 and set a “$30.76” rating for the company in a research report on Wednesday, July 18th. Finally, Macquarie raised shares of Nielsen from a “neutral” rating to an “outperform” rating and set a $34.00 price objective for the company in a research report on Tuesday, August 14th. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and seven have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $29.67.

A number of institutional investors have recently added to or reduced their stakes in NLSN. Piedmont Investment Advisors LLC purchased a new stake in Nielsen in the second quarter valued at approximately $122,000. Point72 Hong Kong Ltd purchased a new stake in Nielsen in the second quarter valued at approximately $188,000. Northwestern Mutual Wealth Management Co. grew its holdings in Nielsen by 77.5% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 6,477 shares of the business services provider’s stock valued at $200,000 after purchasing an additional 2,827 shares during the period. Campbell & CO Investment Adviser LLC purchased a new stake in Nielsen during the second quarter worth approximately $201,000. Finally, Dupont Capital Management Corp grew its stake 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 buying an additional 4,225 shares during the period. Hedge funds and other institutional investors own 95.56% of the company’s stock.

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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