BB&T Securities LLC Acquires 45,976 Shares of Nielsen Holdings PLC (NLSN)

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BB&T Securities LLC grew its holdings in shares of Nielsen Holdings PLC (NYSE:NLSN) by 8.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 564,269 shares of the business services provider’s stock after buying an additional 45,976 shares during the quarter. BB&T Securities LLC owned 0.16% of Nielsen worth $17,452,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. FMR LLC raised its position in shares of Nielsen by 135.2% during the 2nd quarter. FMR LLC now owns 21,740,698 shares of the business services provider’s stock valued at $672,439,000 after buying an additional 12,496,283 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC raised its position in shares of Nielsen by 0.4% during the 1st quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 10,264,744 shares of the business services provider’s stock valued at $326,317,000 after buying an additional 43,266 shares in the last quarter. Bank of New York Mellon Corp raised its position in shares of Nielsen by 10.2% during the 2nd quarter. Bank of New York Mellon Corp now owns 5,667,928 shares of the business services provider’s stock valued at $175,309,000 after buying an additional 523,530 shares in the last quarter. Ariel Investments LLC raised its position in shares of Nielsen by 24.6% during the 2nd quarter. Ariel Investments LLC now owns 4,891,462 shares of the business services provider’s stock valued at $151,293,000 after buying an additional 966,961 shares in the last quarter. Finally, Windacre Partnership LLC raised its position in shares of Nielsen by 95.2% during the 1st quarter. Windacre Partnership LLC now owns 4,399,100 shares of the business services provider’s stock valued at $139,847,000 after buying an additional 2,146,000 shares in the last quarter. Hedge funds and other institutional investors own 95.56% of the company’s stock.

Nielsen stock opened at $25.97 on Friday. The company has a debt-to-equity ratio of 1.96, a quick ratio of 1.19 and a current ratio of 1.18. Nielsen Holdings PLC has a 1-year low of $20.53 and a 1-year high of $42.15. The stock has a market capitalization of $9.24 billion, a P/E ratio of 12.50, a PEG ratio of 1.39 and a beta of 0.96.

Nielsen (NYSE:NLSN) last posted its quarterly earnings data on Thursday, July 26th. The business services provider reported $0.20 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.59 by ($0.39). Nielsen had a return on equity of 15.28% and a net margin of 5.57%. The firm had revenue of $1.65 billion during the quarter, compared to analysts’ expectations of $1.71 billion. During the same period last year, the company earned $0.37 earnings per share. The business’s revenue for the quarter was up .2% compared to the same quarter last year. sell-side analysts expect that Nielsen Holdings PLC will post 1.98 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 5th. Investors of record on Wednesday, August 22nd were given a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a yield of 5.39%. The ex-dividend date was Tuesday, August 21st. Nielsen’s dividend payout ratio (DPR) is currently 66.35%.

Several brokerages have recently issued reports on NLSN. BMO Capital Markets restated a “market weight” rating and set a $24.00 target price (down from $38.00) on shares of Nielsen in a research report on Friday, July 27th. Barclays upgraded shares of Nielsen from an “underweight” rating to an “equal weight” rating and upped their target price for the company from $21.00 to $27.00 in a research report on Tuesday, August 14th. Morgan Stanley decreased their target price on shares of Nielsen from $40.00 to $38.00 and set a “$30.76” rating on the stock in a research report on Wednesday, July 18th. Macquarie upgraded shares of Nielsen from a “neutral” rating to an “outperform” rating and set a $34.00 target price on the stock in a research report on Tuesday, August 14th. Finally, Robert W. Baird restated a “buy” rating and set a $26.00 target price on shares of Nielsen in a research report on Friday, July 27th. Three analysts have rated the stock with a sell rating, six have given a hold rating and eight have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $30.69.

About Nielsen

Nielsen Holdings plc, together with its subsidiaries, operates as an information and measurement company. It operates through Buy and Watch segments. The company provides media and marketing information, analytics, and manufacturer and retailer expertise about what and where consumers buy, read, watch, and listen.

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Institutional Ownership by Quarter for Nielsen (NYSE:NLSN)

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