Natixis Advisors L.P. trimmed its holdings in shares of Nielsen Holdings PLC (NYSE:NLSN) by 60.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 61,879 shares of the business services provider’s stock after selling 93,651 shares during the period. Natixis Advisors L.P.’s holdings in Nielsen were worth $1,444,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also modified their holdings of NLSN. Bessemer Group Inc. boosted its position in Nielsen by 231.7% during the fourth quarter. Bessemer Group Inc. now owns 1,184 shares of the business services provider’s stock worth $28,000 after acquiring an additional 827 shares during the last quarter. Enlightenment Research LLC acquired a new stake in Nielsen during the fourth quarter worth approximately $42,000. ETF Managers Group LLC boosted its position in Nielsen by 15.8% during the fourth quarter. ETF Managers Group LLC now owns 4,100 shares of the business services provider’s stock worth $96,000 after acquiring an additional 558 shares during the last quarter. Ffcm LLC boosted its position in Nielsen by 113.7% during the fourth quarter. Ffcm LLC now owns 4,380 shares of the business services provider’s stock worth $102,000 after acquiring an additional 2,330 shares during the last quarter. Finally, Advisors Asset Management Inc. boosted its position in Nielsen by 175.8% during the third quarter. Advisors Asset Management Inc. now owns 6,104 shares of the business services provider’s stock worth $169,000 after acquiring an additional 3,891 shares during the last quarter. 99.83% of the stock is owned by institutional investors and hedge funds.
Shares of NLSN traded down $0.14 during mid-day trading on Monday, reaching $26.50. The company had a trading volume of 4,635,300 shares, compared to its average volume of 3,896,400. The firm has a market cap of $9.54 billion, a PE ratio of 15.32, a price-to-earnings-growth ratio of 1.44 and a beta of 0.88. Nielsen Holdings PLC has a fifty-two week low of $20.53 and a fifty-two week high of $34.86. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 2.72.
The firm also recently announced a quarterly dividend, which was paid on Thursday, March 21st. Investors of record on Thursday, March 7th were issued a dividend of $0.35 per share. The ex-dividend date of this dividend was Wednesday, March 6th. This represents a $1.40 annualized dividend and a dividend yield of 5.28%. Nielsen’s payout ratio is 80.92%.
A number of brokerages recently issued reports on NLSN. BMO Capital Markets raised their target price on shares of Nielsen from $24.00 to $26.00 and gave the stock a “market perform” rating in a research report on Monday, March 4th. Zacks Investment Research restated a “hold” rating on shares of Nielsen in a research report on Monday, December 31st. Credit Suisse Group set a $27.00 target price on shares of Nielsen and gave the stock a “hold” rating in a research report on Friday, March 1st. SunTrust Banks set a $28.00 price target on shares of Nielsen and gave the company a “buy” rating in a report on Thursday, March 28th. Finally, ValuEngine lowered shares of Nielsen from a “hold” rating to a “sell” rating in a report on Tuesday, January 22nd. Seven equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $27.73.
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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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