UBS Group AG Boosts Stock Position in NIQ Global Intelligence plc $NIQ

Key Points

• UBS Group AG increased its stake in NIQ by 77.1% in Q4, buying 1,622,238 shares to hold 3,725,386 shares (about a 1.26% stake) valued at roughly $61.43 million.
• Analyst consensus is a “Moderate Buy” with an average target price of $21.54, based on mostly Buy ratings despite some recent downgrades and target cuts.
• NIQ shares opened at $10.51 with a $3.10 billion market cap, a high P/E of 58.36, a 1‑year range of $10.05–$20.39, and elevated leverage (debt-to-equity ~2.86).

UBS Group AG lifted its position in NIQ Global Intelligence plc (NYSE:NIQ - Free Report) by 77.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,725,386 shares of the company's stock after purchasing an additional 1,622,238 shares during the quarter. UBS Group AG owned 1.26% of NIQ Global Intelligence worth $61,432,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Arizona State Retirement System purchased a new position in shares of NIQ Global Intelligence in the 4th quarter worth about $270,000. DekaBank Deutsche Girozentrale purchased a new position in shares of NIQ Global Intelligence in the 4th quarter worth about $9,891,000. Teacher Retirement System of Texas boosted its holdings in shares of NIQ Global Intelligence by 0.5% in the 4th quarter. Teacher Retirement System of Texas now owns 401,952 shares of the company's stock worth $6,628,000 after purchasing an additional 1,952 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank purchased a new position in shares of NIQ Global Intelligence in the 4th quarter worth about $302,000. Finally, CWM LLC boosted its holdings in shares of NIQ Global Intelligence by 6,564.2% in the 4th quarter. CWM LLC now owns 14,328 shares of the company's stock worth $236,000 after purchasing an additional 14,113 shares in the last quarter.

Wall Street Analysts Forecast Growth

NIQ has been the subject of several analyst reports. Needham & Company LLC restated a "buy" rating and set a $21.00 target price on shares of NIQ Global Intelligence in a report on Wednesday, April 1st. Robert W. Baird set a $20.00 target price on NIQ Global Intelligence in a report on Tuesday, February 3rd. Wall Street Zen cut NIQ Global Intelligence from a "buy" rating to a "hold" rating in a report on Monday, April 13th. Citigroup dropped their target price on NIQ Global Intelligence from $17.50 to $16.00 and set a "neutral" rating for the company in a report on Friday, March 6th. Finally, Wells Fargo & Company dropped their target price on NIQ Global Intelligence from $21.00 to $18.00 and set an "overweight" rating for the company in a report on Monday, March 2nd. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $21.54.

NIQ Global Intelligence Trading Up 1.0%

Shares of NIQ stock opened at $10.51 on Tuesday. The stock has a market capitalization of $3.10 billion and a PE ratio of 58.36. NIQ Global Intelligence plc has a 1-year low of $10.05 and a 1-year high of $20.39. The business has a 50-day moving average of $11.51 and a 200 day moving average of $13.66. The company has a debt-to-equity ratio of 2.86, a current ratio of 1.03 and a quick ratio of 1.03.

NIQ Global Intelligence Profile

Nuveen Intermediate Duration Quality Municipal Term Fund is a close ended fixed income mutual fund launched by Nuveen Investments Inc The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests into public fixed income markets of the United States. The fund seeks to invest in stocks of companies that are operating across diversified sectors. It primarily invests in municipal securities that are exempt from federal income taxes, and seeks to maintain a portfolio with an intermediate effective duration of between 3 and 10 years, including the effects of leverage.

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