Barclays PLC Lowers Stock Holdings in TransUnion (NYSE:TRU)

Barclays PLC lessened its position in shares of TransUnion (NYSE:TRU - Free Report) by 10.0% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 238,618 shares of the business services provider's stock after selling 26,559 shares during the quarter. Barclays PLC owned 0.12% of TransUnion worth $24,984,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Victory Capital Management Inc. boosted its position in TransUnion by 24.1% in the second quarter. Victory Capital Management Inc. now owns 3,468,854 shares of the business services provider's stock valued at $257,250,000 after buying an additional 674,187 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. raised its holdings in shares of TransUnion by 12.1% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,308,028 shares of the business services provider's stock worth $136,951,000 after purchasing an additional 140,952 shares during the last quarter. Blue Trust Inc. lifted its position in TransUnion by 156.6% during the second 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 period. FMR LLC grew its position in TransUnion by 307.7% during the 3rd quarter. FMR LLC now owns 4,540,896 shares of the business services provider's stock worth $475,432,000 after purchasing an additional 3,427,199 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of TransUnion by 3.1% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 89,987 shares of the business services provider's stock valued at $6,673,000 after buying an additional 2,713 shares during the last quarter.

Insider Activity at TransUnion

In related news, insider Steven M. Chaouki sold 1,500 shares of the company's stock in a transaction that occurred on Friday, November 8th. The stock was sold at an average price of $105.66, for a total value of $158,490.00. Following the transaction, the insider now directly owns 62,988 shares in the company, valued at approximately $6,655,312.08. This represents a 2.33 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Todd C. Skinner sold 3,090 shares of the firm's stock in a transaction on Friday, November 29th. The stock was sold at an average price of $101.48, for a total value of $313,573.20. Following the sale, the insider now directly owns 24,333 shares of the company's stock, valued at approximately $2,469,312.84. This trade represents a 11.27 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 20,590 shares of company stock valued at $2,084,633. 0.22% of the stock is owned by company insiders.

TransUnion Price Performance

Shares of NYSE:TRU traded down $1.08 during midday trading on Friday, hitting $98.43. The company's stock had a trading volume of 927,992 shares, compared to its average volume of 1,585,153. The company has a market cap of $19.18 billion, a P/E ratio of 85.59, a price-to-earnings-growth ratio of 1.40 and a beta of 1.60. TransUnion has a 12-month low of $63.03 and a 12-month high of $113.17. The business's 50 day simple moving average is $102.39 and its 200 day simple moving average is $92.03. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.68 and a current ratio of 1.68.

TransUnion (NYSE:TRU - Get Free Report) last posted its quarterly 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. The business had revenue of $1.09 billion during the quarter, compared to analyst estimates of $1.06 billion. TransUnion had a return on equity of 15.38% and a net margin of 5.47%. The business's revenue was up 12.0% compared to the same quarter last year. During the same period in the prior year, the business earned $0.80 earnings per share. On average, analysts forecast that TransUnion will post 3.44 EPS for the current year.

TransUnion Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 9th. Stockholders of record on Friday, November 22nd were given a dividend of $0.105 per share. The ex-dividend date was Friday, November 22nd. This represents a $0.42 annualized dividend and a dividend yield of 0.43%. TransUnion's payout ratio is 36.52%.

Analysts Set New Price Targets

A number of analysts have recently commented on the company. Needham & Company LLC restated a "hold" rating on shares of TransUnion in a research note on Thursday, October 24th. Wells Fargo & Company upped their price objective on TransUnion from $125.00 to $135.00 and gave the stock an "overweight" rating in a research report on Thursday, October 24th. Wolfe Research raised shares of TransUnion from a "peer perform" rating to an "outperform" rating and set a $130.00 target price for the company in a report on Thursday, October 10th. Oppenheimer decreased their price objective on shares of TransUnion from $122.00 to $115.00 and set an "outperform" rating for the company in a research report on Wednesday, November 20th. Finally, The Goldman Sachs Group increased their price target on TransUnion from $97.00 to $109.00 and gave the stock a "neutral" rating in a research report on Wednesday, October 2nd. Seven analysts have rated the stock with a hold rating and ten have given a buy rating to the company. Based on data from MarketBeat.com, TransUnion currently has a consensus rating of "Moderate Buy" and a consensus price target of $107.06.

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.