Nielsen N.V. Ordinary Shares (NYSE:NLSN).
Gateway Investment Advisers LLC reports that it decreased its position in Nielsen N.V. Ordinary Shares shares by 293 shares as of the end of the last quarter. Its investment was valued at $776,000 a decrease of 7.7% according to the filing.
The following firms have also recently changed their position in NLSN. As of the end of the quarter Capstone Asset Management Co had sold a total of 2,358 shares trimming its stake by 7.4%. The value of the company’s investment in Nielsen N.V. Ordinary Shares decreased from $1,311,000 to $1,136,000 a change of $175,000 for the reporting period. As of quarter end Handelsbanken Fonder Ab had disposed of 464,000 shares trimming its position 82.3%. The value in dollars went from $23,299,000 to $3,866,000 a change of 83.4% quarter over quarter.
As of quarter end Xact Kapitalforvaltning Ab had bought a total of 648 shares growing its holdings by 1.5%. The value of the total investment in Nielsen N.V. Ordinary Shares decreased from $1,827,000 to $1,735,000 decreasing 5.0% quarter to quarter.
On December 14 the company was changed to a “Overweight” according to a Morgan Stanley report which is up from the previous “Equal-weight” rating. December 5 investment analysts at Barclays kept the company rating at “Overweight” but lowered the price expectation to $50.00 from $53.00.
On November 15 analysts at SunTrust Robinson Humphrey began coverage of the stock with a rating of “Buy”. Cantor Fitzgerald initiated coverage on NLSN giving it an initial rating of “Hold”.
Equity analyst Macquarie initiated coverage on the stock setting a rating of “Outperform”. On July 27 JP Morgan left the stock rating at “Overweight” but raised the price target from $53.00 to $64.00.
The company is now up by 1.43 percent from yesterday’s close. The company also announced a dividend for shareholders that was paid on Friday the 16th of June 2017. The dividend was $0.340 per share for the quarter or $1.36 on an annualized basis. The dividend yield was $3.63. The ex-dividend date was set for Wednesday the 31st of May 2017.
It is currently trading at $37.69 just below $38.80, the stock’s 50 day moving average and which is a tad under the 200 day moving average of $41.41. The 50 day moving average went down by -4.22% and the 200 day average was down $-4.25.
The most current P/E ratio is 28.11 and the market cap of the company is 13.28B. As of the last earnings report the EPS was $1.32 and is projected to be $2.64 for the current year with 357,302,000 shares outstanding. Next quarter’s EPS is estimated at $0.70 and the next full year EPS is anticipated to be $2.89.