Swiss National Bank Lowers Stock Position in Nielsen Holdings PLC (NYSE:NLSN)

Swiss National Bank lessened its holdings in Nielsen Holdings PLC (NYSE:NLSN) by 2.1% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,159,061 shares of the business services provider’s stock after selling 24,400 shares during the quarter. Swiss National Bank’s holdings in Nielsen were worth $26,195,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in NLSN. Clarkston Capital Partners LLC lifted its position in shares of Nielsen by 4.6% during the 2nd quarter. Clarkston Capital Partners LLC now owns 6,733,027 shares of the business services provider’s stock valued at $152,166,000 after acquiring an additional 298,982 shares during the period. Geode Capital Management LLC lifted its position in shares of Nielsen by 3.7% during the 4th quarter. Geode Capital Management LLC now owns 4,579,948 shares of the business services provider’s stock valued at $106,754,000 after acquiring an additional 162,003 shares during the period. Northern Trust Corp lifted its position in shares of Nielsen by 2.9% during the 1st quarter. Northern Trust Corp now owns 4,317,446 shares of the business services provider’s stock valued at $102,194,000 after acquiring an additional 123,043 shares during the period. Dimensional Fund Advisors LP lifted its position in shares of Nielsen by 15.7% during the 4th quarter. Dimensional Fund Advisors LP now owns 3,532,772 shares of the business services provider’s stock valued at $82,421,000 after acquiring an additional 479,683 shares during the period. Finally, Thompson Siegel & Walmsley LLC lifted its position in shares of Nielsen by 9.6% during the 1st quarter. Thompson Siegel & Walmsley LLC now owns 3,128,607 shares of the business services provider’s stock valued at $74,054,000 after acquiring an additional 273,912 shares during the period. 95.05% of the stock is currently owned by institutional investors.

NLSN stock opened at $20.79 on Thursday. The firm has a 50 day moving average of $22.46 and a 200-day moving average of $24.33. Nielsen Holdings PLC has a 12-month low of $20.15 and a 12-month high of $28.50. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 2.90. The company has a market cap of $7.37 billion, a price-to-earnings ratio of 12.02, a PEG ratio of 1.09 and a beta of 0.91.

Nielsen (NYSE:NLSN) last issued its quarterly earnings data on Wednesday, July 31st. The business services provider reported $0.50 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.38 by $0.12. Nielsen had a positive return on equity of 18.97% and a negative net margin of 10.70%. The firm had revenue of $1.63 billion during the quarter, compared to the consensus estimate of $1.63 billion. During the same period in the previous year, the firm posted $0.20 EPS. The company’s quarterly revenue was down 1.2% compared to the same quarter last year. Sell-side analysts forecast that Nielsen Holdings PLC will post 1.58 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 5th. Investors of record on Thursday, August 22nd will be given a dividend of $0.35 per share. This is an increase from Nielsen’s previous quarterly dividend of $0.31. This represents a $1.40 annualized dividend and a dividend yield of 6.73%. The ex-dividend date of this dividend is Wednesday, August 21st. Nielsen’s payout ratio is currently 80.92%.

A number of equities research analysts have recently issued reports on NLSN shares. Citigroup set a $28.00 price target on shares of Nielsen and gave the company a “buy” rating in a research report on Friday, August 16th. Zacks Investment Research downgraded shares of Nielsen from a “buy” rating to a “hold” rating in a research report on Wednesday, May 22nd. Finally, ValuEngine downgraded shares of Nielsen from a “hold” rating to a “sell” rating in a research report on Tuesday, May 28th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and three have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $26.00.

About Nielsen

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: Balanced Fund

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Institutional Ownership by Quarter for Nielsen (NYSE:NLSN)

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