Neustar (NYSE:NSR) Rating Reaffirmed
In a very recent research note released this morning, Deutsche Bank has decided to reaffirm their “Hold” rating on Neustar (NYSE:NSR) shares. The target price per share suggests a possible upside of 20.14% from company’s last stock close.
From a total of 3 analysts covering Neustar (NYSE:NSR) stock, 1 rate it a ”Buy”, 0 a “Sell”, and 6 a ”Hold”. This means that 14% of the ratings are positive. The highest target price is $35 while the lowest target price is $31. The mean of all analyst targets is $33 with a 35.46% above today’s ($25.1) stock price. Neustar was the topic of 3 analyst reports since August 4, 2015 according to the firm StockzIntelligence Inc. TheStreet downgraded shares on September 4 to “Hold” rating.
Approximately 1.41 million shares of stock traded hands or 78.10% up from the average. Neustar Inc (NYSE:NSR) has declined 20.98% since May 7, 2015 and is downtrending. It has underperformed by 19.05% the S&P500.
The overall sentiment of institutions has decreased to 0.81 in Q2 2015. Its down 0.33, from 1.14 in 2015Q2. The ratio worsened, as 35 institutions have sold all the shares of Neustar Inc that they owned while 98 funds have taken shares off the table. 24 funds have purchased shares for the first time while 84 added to their positions. These institutions now hold 58.86 million shares or 19.34% less than the 72.98 million shares they owned in 2015Q2.
The Fund Prescott General Partners Llc currently is holding shares equating to 7.04% of its total portfolio in Neustar Inc representing a total of 3.52 million shares. Another fund,Smith Thomas W, is holding a total of 302,188 shares equating to 6.95% of their holdings. Additionally, Goodnow Investment Group Llc has a 1.01 million share stake in Neustar Inc which represents 5.28% of their total portfolio. The Fund, Kestrel Investment Management Corp, based out of California, has also built up a stake in the stock, which represents a total of 3.52% of their total portfolio. Finally Steinberg Asset Management Llc, a fund which is based in the state of New York reported a total holdings of 816,862 shares.
Insider activity is a very important aspect to track on any stock. Going back to July 7, 2015, shareholders of Neustar Inc have witnessed 0 insider buys, and a total of 7 selling transactions equating to a net activity of approximately $2.46 million . Edwards Steve sold 5,353 shares worth approximately $146,940. Prince Edward M Jr. sold 450 shares worth approximately $12,632.
NeuStar, Inc. is a provider of real-time information services and analytics. The company has a market cap of $1.24 billion. The Firm serves marketing and security functions in the communications, financial services, media and advertising, retail and e-commerce, Internet and technology industries. It has 7.52 P/E ratio. The Company’s services include marketing services, security services, data services and number portability administration center services.
According to Zacks Investment Research, “NeuStar is a provider of essential clearinghouse services to the North American communications industry and Internet service providers around the world.” Get a free copy of the Zacks research report on Neustar Inc (NSR).