Shares of Nielsen Holdings PLC (NYSE:NLSN) have been given a consensus rating of “Hold” by the twelve brokerages that are presently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, six have given a hold recommendation and five have issued a buy recommendation on the company. The average 12 month price objective among brokerages that have covered the stock in the last year is $27.50.
Several brokerages have recently commented on NLSN. Zacks Investment Research cut Nielsen from a “buy” rating to a “hold” rating in a report on Wednesday, May 22nd. ValuEngine cut Nielsen from a “hold” rating to a “sell” rating in a report on Tuesday, May 28th.
Institutional investors and hedge funds have recently modified their holdings of the company. Parallel Advisors LLC lifted its stake in shares of Nielsen by 75.2% during the first quarter. Parallel Advisors LLC now owns 1,051 shares of the business services provider’s stock valued at $25,000 after acquiring an additional 451 shares during the period. Bessemer Group Inc. lifted its stake in shares of Nielsen by 675.1% during the second quarter. Bessemer Group Inc. now owns 1,961 shares of the business services provider’s stock valued at $45,000 after acquiring an additional 1,708 shares during the period. Quadrant Capital Group LLC lifted its stake in shares of Nielsen by 1,516.6% during the first quarter. Quadrant Capital Group LLC now owns 2,441 shares of the business services provider’s stock valued at $55,000 after acquiring an additional 2,290 shares during the period. NuWave Investment Management LLC lifted its stake in shares of Nielsen by 2,320.6% during the second quarter. NuWave Investment Management LLC now owns 3,413 shares of the business services provider’s stock valued at $77,000 after acquiring an additional 3,272 shares during the period. Finally, Quantamental Technologies LLC acquired a new position in shares of Nielsen during the first quarter valued at $86,000. 95.24% of the stock is currently owned by institutional investors and hedge funds.
Nielsen (NYSE:NLSN) last announced its earnings results on Wednesday, July 31st. The business services provider reported $0.50 EPS for the quarter, topping the consensus estimate of $0.38 by $0.12. The company had revenue of $1.63 billion for the quarter, compared to analysts’ expectations of $1.63 billion. Nielsen had a positive return on equity of 18.97% and a negative net margin of 10.70%. The business’s revenue for the quarter was down 1.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.20 earnings per share. As a group, research analysts expect that Nielsen will post 1.58 earnings per share for the current year.
Nielsen Holdings plc, together with its subsidiaries, operates as a measurement and data analytics company. It operates in two segments, Buy and Watch. The Buy segment provides retail transactional measurement data, consumer behavior information, and analytics primarily to businesses in the consumer packaged goods industry.
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