TransUnion (NYSE:TRU) Stock Position Lifted by Assetmark Inc.

Assetmark Inc. grew its stake in shares of TransUnion (NYSE:TRU - Free Report) by 6,720.7% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 128,706 shares of the business services provider's stock after purchasing an additional 126,819 shares during the period. Assetmark Inc. owned approximately 0.07% of TransUnion worth $13,476,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in TRU. Quarry LP raised its stake in TransUnion by 963.0% in the 2nd quarter. Quarry LP now owns 574 shares of the business services provider's stock valued at $43,000 after purchasing an additional 520 shares during the last quarter. National Bank of Canada FI raised its stake in TransUnion by 22.3% in the 2nd quarter. National Bank of Canada FI now owns 910 shares of the business services provider's stock valued at $66,000 after purchasing an additional 166 shares during the last quarter. Blue Trust Inc. raised its stake in TransUnion by 156.6% in the 2nd quarter. Blue Trust Inc. now owns 857 shares of the business services provider's stock valued at $68,000 after purchasing an additional 523 shares during the last quarter. Ridgewood Investments LLC acquired a new position in TransUnion in the 2nd quarter valued at about $75,000. Finally, Signaturefd LLC grew its holdings in TransUnion by 15.0% in the 3rd quarter. Signaturefd LLC now owns 788 shares of the business services provider's stock valued at $83,000 after buying an additional 103 shares during the period.

Insider Buying and Selling at TransUnion

In related news, EVP Heather J. Russell sold 3,173 shares of the company's stock in a transaction that occurred on Thursday, August 29th. The stock was sold at an average price of $95.58, for a total transaction of $303,275.34. Following the sale, the executive vice president now directly owns 19,926 shares of the company's stock, valued at approximately $1,904,527.08. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other TransUnion news, EVP Heather J. Russell sold 3,173 shares of the stock in a transaction on Thursday, August 29th. The stock was sold at an average price of $95.58, for a total value of $303,275.34. Following the sale, the executive vice president now directly owns 19,926 shares of the company's stock, valued at $1,904,527.08. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Timothy J. Martin sold 2,500 shares of the stock in a transaction on Tuesday, September 3rd. The stock was sold at an average price of $95.65, for a total value of $239,125.00. Following the completion of the sale, the executive vice president now directly owns 49,239 shares in the company, valued at $4,709,710.35. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 9,815 shares of company stock valued at $961,407 in the last three months. Corporate insiders own 0.22% of the company's stock.

Analyst Ratings Changes

Several research firms have commented on TRU. The Goldman Sachs Group lifted their price target on TransUnion from $97.00 to $109.00 and gave the company a "neutral" rating in a report on Wednesday, October 2nd. Needham & Company LLC restated a "hold" rating on shares of TransUnion in a report on Thursday, October 24th. Royal Bank of Canada restated an "outperform" rating and issued a $121.00 price target on shares of TransUnion in a report on Thursday, October 24th. Stifel Nicolaus lifted their price target on TransUnion from $103.00 to $120.00 and gave the company a "buy" rating in a report on Thursday, October 24th. Finally, Barclays lifted their price target on TransUnion from $80.00 to $105.00 and gave the company an "equal weight" rating in a report on Friday, September 13th. Seven equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $104.53.

TransUnion Stock Up 0.1 %

NYSE TRU traded up $0.15 on Monday, reaching $106.77. The company had a trading volume of 1,598,918 shares, compared to its average volume of 1,592,856. The firm has a market capitalization of $20.81 billion, a PE ratio of 92.71, a P/E/G ratio of 1.45 and a beta of 1.62. TransUnion has a 1 year low of $51.50 and a 1 year high of $113.17. The firm has a 50-day moving average of $103.02 and a 200-day moving average of $88.11. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.68 and a quick ratio of 1.68.

TransUnion (NYSE:TRU - Get Free Report) last announced its earnings results on Wednesday, October 23rd. The business services provider reported $1.04 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.01 by $0.03. TransUnion had a return on equity of 15.38% and a net margin of 5.47%. The company had revenue of $1.09 billion for the quarter, compared to analyst estimates of $1.06 billion. During the same period in the prior year, the company posted $0.80 EPS. TransUnion's quarterly revenue was up 12.0% on a year-over-year basis. On average, equities research analysts anticipate that TransUnion will post 3.46 EPS for the current fiscal year.

TransUnion Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 9th. Shareholders of record on Friday, November 22nd will be given a $0.105 dividend. This represents a $0.42 dividend on an annualized basis and a dividend yield of 0.39%. The ex-dividend date of this dividend is Friday, November 22nd. TransUnion's payout ratio is 36.52%.

TransUnion Company Profile

TransUnion operates as a global consumer credit reporting agency that provides risk and information solutions. The company operates through U.S. Markets, International, and Consumer Interactive segments. The U.S. Markets segment provides consumer reports, actionable insights, and analytic services to businesses, which uses its services to acquire new customers; assess consumer ability to pay for services; identify cross-selling opportunities; measure and manage debt portfolio risk; collect debt; verify consumer identities; and mitigate fraud risk.