Is Nielsen Hldg NV (NLSN) A Good Stock To Buy?

We already know that not all hedge funds are bullish on the stock and some hedge funds actually said goodbye to their positions entirely. Intriguingly, Phill Gross and Robert Atchinson’s Adage Capital Management said goodbye to the largest stake of the “upper crust” of funds tracked by Insider Monkey, valued at about $28 million in stock, and Michael Messner’s Seminole Capital (Investment Mgmt) was right behind this move, as the fund said goodbye to about $8.6 million worth of shares.

Let’s check out hedge fund activity in other stocks – not necessarily in the same industry as Nielsen Hldg NV (NYSE:NLSN) but similarly valued. We will take a look at Vornado Realty Trust (NYSE:VNO), Johnson Controls, Inc. (NYSE:JCI), Wisconsin Energy Corporation (NYSE:WEC), and Dollar Tree, Inc. (NASDAQ:DLTR). This group of stocks’ market caps are similar to NLSN’s market cap.

As you can see these stocks had an average of 41 hedge funds with bullish positions and the average amount invested in these stocks was $1.80 billion. That figure was $436 million in NLSN’s case. Dollar Tree, Inc. (NASDAQ:DLTR) is the most popular stock in this table. On the other hand Wisconsin Energy Corporation (NYSE:WEC) is the least popular one with only 20 bullish hedge fund positions. Nielsen Hldg NV (NYSE:NLSN) is not the least popular stock in this group but hedge fund interest is still below average. This is a slightly negative signal and we’d rather spend our time researching stocks that hedge funds are piling on. In this regard DLTR might be a better candidate to consider taking a long position in.

Disclosure: None