Deccan Value Investors L.P. lowered its stake in shares of Nielsen Holdings PLC (NYSE:NLSN) by 10.2% in the second quarter, Holdings Channel reports. The institutional investor owned 3,273,264 shares of the business services provider’s stock after selling 372,900 shares during the period. Nielsen accounts for 6.3% of Deccan Value Investors L.P.’s holdings, making the stock its 6th biggest position. Deccan Value Investors L.P.’s holdings in Nielsen were worth $73,976,000 at the end of the most recent reporting period.
A number of other institutional investors also recently bought and sold shares of NLSN. Bessemer Group Inc. increased its position 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 worth $45,000 after purchasing an additional 1,708 shares in the last quarter. NuWave Investment Management LLC boosted its stake in shares of Nielsen by 2,320.6% during the 2nd quarter. NuWave Investment Management LLC now owns 3,413 shares of the business services provider’s stock worth $77,000 after acquiring an additional 3,272 shares in the last quarter. ETF Managers Group LLC boosted its stake in shares of Nielsen by 14.2% during the 1st quarter. ETF Managers Group LLC now owns 4,681 shares of the business services provider’s stock worth $111,000 after acquiring an additional 581 shares in the last quarter. Steward Partners Investment Advisory LLC purchased a new stake in shares of Nielsen during the 2nd quarter worth about $163,000. Finally, Stanley Laman Group Ltd. purchased a new stake in shares of Nielsen during the 1st quarter worth about $258,000. Institutional investors own 96.18% of the company’s stock.
A number of research analysts recently weighed in on NLSN shares. ValuEngine lowered shares of Nielsen from a “hold” rating to a “sell” rating in a research note on Tuesday, May 28th. Citigroup set a $28.00 price objective on shares of Nielsen and gave the company a “buy” rating in a report on Friday, August 16th. Finally, Zacks Investment Research downgraded shares of Nielsen from a “buy” rating to a “hold” rating in a report on Wednesday, May 22nd. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $26.17.
Nielsen (NYSE:NLSN) last released its quarterly earnings data on Wednesday, July 31st. The business services provider reported $0.50 EPS for the quarter, beating the Zacks’ consensus estimate of $0.38 by $0.12. The company had revenue of $1.63 billion during the quarter, compared to the consensus estimate of $1.63 billion. Nielsen had a negative net margin of 10.70% and a positive return on equity of 18.97%. Nielsen’s quarterly revenue was down 1.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.20 EPS. On average, analysts forecast that Nielsen Holdings PLC will post 1.69 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which was paid on Thursday, September 5th. Stockholders of record on Thursday, August 22nd were issued a dividend of $0.35 per share. The ex-dividend date of this dividend was Wednesday, August 21st. This represents a $1.40 dividend on an annualized basis and a dividend yield of 6.24%. This is an increase from Nielsen’s previous quarterly dividend of $0.31. Nielsen’s dividend payout ratio (DPR) is currently 80.92%.
Nielsen Company Profile
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.
Further Reading: Why do analysts give a neutral rating?
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