BNP Paribas Arbitrage SA Grows Position in Nielsen Holdings PLC (NYSE:NLSN)

BNP Paribas Arbitrage SA increased its position in shares of Nielsen Holdings PLC (NYSE:NLSN) by 81.8% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 159,387 shares of the business services provider’s stock after buying an additional 71,727 shares during the quarter. BNP Paribas Arbitrage SA’s holdings in Nielsen were worth $3,602,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the stock. Parallel Advisors LLC grew its stake in shares of Nielsen by 75.2% in the 1st quarter. Parallel Advisors LLC now owns 1,051 shares of the business services provider’s stock valued at $25,000 after purchasing an additional 451 shares during the last quarter. Bessemer Group Inc. grew its stake in shares of Nielsen by 675.1% in the 2nd quarter. Bessemer Group Inc. now owns 1,961 shares of the business services provider’s stock valued at $45,000 after purchasing an additional 1,708 shares during the last quarter. Quadrant Capital Group LLC grew its stake in shares of Nielsen by 1,516.6% in the 1st quarter. Quadrant Capital Group LLC now owns 2,441 shares of the business services provider’s stock valued at $55,000 after purchasing an additional 2,290 shares during the last quarter. NuWave Investment Management LLC grew its stake in shares of Nielsen by 2,320.6% in the 2nd quarter. NuWave Investment Management LLC now owns 3,413 shares of the business services provider’s stock valued at $77,000 after purchasing an additional 3,272 shares during the last quarter. Finally, Quantamental Technologies LLC purchased a new position in shares of Nielsen in the 1st quarter valued at approximately $86,000. Hedge funds and other institutional investors own 95.24% of the company’s stock.

NLSN has been the topic of several analyst reports. Zacks Investment Research downgraded Nielsen from a “buy” rating to a “hold” rating in a research note on Wednesday, May 22nd. ValuEngine downgraded Nielsen from a “hold” rating to a “sell” rating in a research note on Tuesday, May 28th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and three have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $26.14.

Nielsen stock opened at $20.23 on Friday. The company has a debt-to-equity ratio of 2.90, a current ratio of 1.07 and a quick ratio of 1.07. Nielsen Holdings PLC has a 1-year low of $20.22 and a 1-year high of $28.50. The company has a market cap of $7.44 billion, a PE ratio of 11.69, a price-to-earnings-growth ratio of 1.11 and a beta of 0.91. The stock’s 50 day moving average price is $22.71 and its 200 day moving average price is $24.46.

Nielsen (NYSE:NLSN) last posted its quarterly earnings results on Wednesday, July 31st. The business services provider reported $0.50 earnings per share for the quarter, beating the Zacks’ 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 for the quarter, compared to the consensus estimate of $1.63 billion. During the same period in the previous year, the business earned $0.20 earnings per share. The company’s revenue for the quarter was down 1.2% compared to the same quarter last year. On average, equities research analysts anticipate that Nielsen Holdings PLC will post 1.58 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 5th. Investors of record on Thursday, August 22nd will be paid a $0.35 dividend. The ex-dividend date is Wednesday, August 21st. This is an increase from Nielsen’s previous quarterly dividend of $0.31. This represents a $1.40 dividend on an annualized basis and a dividend yield of 6.92%. Nielsen’s payout ratio is 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.

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Institutional Ownership by Quarter for Nielsen (NYSE:NLSN)

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