Calamos Advisors LLC Purchases Shares of 130,000 Nielsen Holdings plc (NYSE:NLSN)

Calamos Advisors LLC purchased a new stake in shares of Nielsen Holdings plc (NYSE:NLSNGet Rating) in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 130,000 shares of the business services provider’s stock, valued at approximately $3,541,000.

A number of other institutional investors have also recently made changes to their positions in NLSN. Segantii Capital Management Ltd acquired a new position in shares of Nielsen in the first quarter valued at approximately $69,462,000. Ariel Investments LLC grew its holdings in shares of Nielsen by 17.1% in the fourth quarter. Ariel Investments LLC now owns 16,431,587 shares of the business services provider’s stock valued at $337,012,000 after purchasing an additional 2,393,887 shares in the last quarter. Wasatch Advisors Inc. purchased a new position in Nielsen in the fourth quarter worth approximately $25,543,000. Mount Capital Ltd purchased a new position in Nielsen in the fourth quarter worth approximately $20,061,000. Finally, Allspring Global Investments Holdings LLC purchased a new position in Nielsen in the fourth quarter worth approximately $11,504,000.

Analyst Ratings Changes

NLSN has been the subject of a number of recent research reports. BMO Capital Markets downgraded shares of Nielsen from an “outperform” rating to a “market perform” rating and decreased their price target for the stock from $34.00 to $28.00 in a research note on Monday, May 16th. StockNews.com initiated coverage on shares of Nielsen in a research note on Thursday, March 31st. They issued a “hold” rating for the company. Morgan Stanley upgraded shares of Nielsen from an “underweight” rating to an “equal weight” rating and lifted their price target for the stock from $15.00 to $28.00 in a research note on Tuesday, March 29th. Royal Bank of Canada lifted their price target on shares of Nielsen from $20.00 to $28.00 and gave the stock a “sector perform” rating in a research note on Wednesday, March 30th. Finally, Jefferies Financial Group downgraded shares of Nielsen from a “buy” rating to a “hold” rating and set a $28.00 price target for the company. in a research note on Wednesday, March 30th. One analyst has rated the stock with a sell rating and seven have given a hold rating to the company. According to MarketBeat.com, Nielsen currently has a consensus rating of “Hold” and a consensus target price of $24.57.

Nielsen Stock Down 0.5 %

Shares of NYSE:NLSN opened at $23.91 on Monday. The company has a market capitalization of $8.60 billion, a PE ratio of 17.45 and a beta of 1.39. The company has a current ratio of 1.96, a quick ratio of 1.96 and a debt-to-equity ratio of 1.55. Nielsen Holdings plc has a twelve month low of $16.02 and a twelve month high of $27.79. The firm has a 50 day simple moving average of $24.16 and a 200-day simple moving average of $22.88.

Nielsen (NYSE:NLSNGet Rating) last announced its earnings results on Thursday, April 28th. The business services provider reported $0.43 EPS for the quarter, beating analysts’ consensus estimates of $0.40 by $0.03. The business had revenue of $877.00 million for the quarter, compared to analysts’ expectations of $879.27 million. Nielsen had a net margin of 14.09% and a return on equity of 17.99%. The company’s quarterly revenue was up 1.6% on a year-over-year basis. During the same period in the previous year, the company posted $0.45 EPS. On average, equities analysts predict that Nielsen Holdings plc will post 1.79 EPS for the current fiscal year.

Nielsen Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 2nd. Stockholders of record on Thursday, August 18th will be issued a $0.06 dividend. The ex-dividend date of this dividend is Wednesday, August 17th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.00%. Nielsen’s payout ratio is 17.52%.

About Nielsen

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Nielsen Holdings plc, together with its subsidiaries, operates as a measurement and data analytics company worldwide. The company provides viewership and listening data, and analytics principally to media publishers and marketers, and advertising agencies for television, computer, mobile, CTV, digital, and listening platforms.

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Institutional Ownership by Quarter for Nielsen (NYSE:NLSN)

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