Benjamin Edwards Inc. Makes New $676,000 Investment in TransUnion (NYSE:TRU)

Benjamin Edwards Inc. acquired a new stake in shares of TransUnion (NYSE:TRU - Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 6,460 shares of the business services provider's stock, valued at approximately $676,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in TRU. Massachusetts Financial Services Co. MA raised its holdings in shares of TransUnion by 32.2% during the second quarter. Massachusetts Financial Services Co. MA now owns 16,339,762 shares of the business services provider's stock valued at $1,211,757,000 after purchasing an additional 3,977,595 shares during the last quarter. FMR LLC lifted its holdings in shares of TransUnion by 307.7% during the 3rd quarter. FMR LLC now owns 4,540,896 shares of the business services provider's stock valued at $475,432,000 after buying an additional 3,427,199 shares during the period. XN LP boosted its stake in shares of TransUnion by 194.7% in the 2nd quarter. XN LP now owns 1,973,684 shares of the business services provider's stock worth $146,368,000 after buying an additional 1,303,996 shares during the last quarter. Westfield Capital Management Co. LP purchased a new stake in TransUnion during the third quarter valued at $92,661,000. Finally, Ninety One UK Ltd boosted its position in TransUnion by 37.4% in the second quarter. Ninety One UK Ltd now owns 2,566,928 shares of the business services provider's stock worth $190,363,000 after purchasing an additional 698,580 shares during the last quarter.

TransUnion Stock Up 1.3 %

Shares of TRU traded up $1.25 during mid-day trading on Friday, hitting $99.67. The company's stock had a trading volume of 1,520,660 shares, compared to its average volume of 1,545,255. The company has a current ratio of 1.68, a quick ratio of 1.68 and a debt-to-equity ratio of 1.19. TransUnion has a 52-week low of $61.46 and a 52-week high of $113.17. The company's 50-day moving average is $103.03 and its 200-day moving average is $91.24. The firm has a market capitalization of $19.43 billion, a price-to-earnings ratio of 86.67, a PEG ratio of 1.40 and a beta of 1.60.

TransUnion (NYSE:TRU - Get Free Report) last posted its earnings results on Wednesday, October 23rd. The business services provider reported $1.04 earnings per share for the quarter, beating the consensus estimate of $1.01 by $0.03. The company had revenue of $1.09 billion for the quarter, compared to analyst estimates of $1.06 billion. TransUnion had a net margin of 5.47% and a return on equity of 15.38%. TransUnion's revenue was up 12.0% on a year-over-year basis. During the same period in the previous year, the business posted $0.80 EPS. On average, equities research analysts forecast that TransUnion will post 3.44 EPS for the current fiscal year.

TransUnion Dividend Announcement

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. The ex-dividend date of this dividend is Friday, November 22nd. This represents a $0.42 dividend on an annualized basis and a yield of 0.42%. TransUnion's dividend payout ratio is currently 36.52%.

Analysts Set New Price Targets

Several analysts recently issued reports on TRU shares. UBS Group started coverage on shares of TransUnion in a research report on Tuesday, October 1st. They set a "neutral" rating and a $110.00 target price for the company. Oppenheimer cut their target price on TransUnion from $122.00 to $115.00 and set an "outperform" rating for the company in a research report on Wednesday, November 20th. Morgan Stanley lifted their price target on shares of TransUnion from $103.00 to $119.00 and gave the company an "overweight" rating in a report on Thursday, October 24th. Stifel Nicolaus upped their price objective on TransUnion from $103.00 to $120.00 and gave the stock a "buy" rating in a report on Thursday, October 24th. Finally, Robert W. Baird upped their target price on shares of TransUnion from $104.00 to $130.00 and gave the company an "outperform" rating in a research report on Thursday, October 24th. Seven investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to data from MarketBeat, TransUnion presently has an average rating of "Moderate Buy" and a consensus target price of $106.38.

Insider Activity

In other news, insider Steven M. Chaouki sold 1,500 shares of TransUnion stock in a transaction 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 completion of the sale, the insider now directly owns 62,988 shares of the company's stock, valued at approximately $6,655,312.08. The trade was a 2.33 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, EVP Timothy J. Martin sold 2,500 shares of the stock in a transaction dated Tuesday, October 1st. The stock was sold at an average price of $104.59, for a total value of $261,475.00. Following the transaction, the executive vice president now directly owns 46,739 shares in the company, valued at approximately $4,888,432.01. The trade was a 5.08 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 20,590 shares of company stock valued at $2,084,633 in the last quarter. Insiders own 0.22% of the company's stock.

About TransUnion

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.