BNP Paribas Financial Markets Has $9.95 Million Position in TransUnion (NYSE:TRU)

BNP Paribas Financial Markets raised its stake in TransUnion (NYSE:TRU - Free Report) by 89.6% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 95,019 shares of the business services provider's stock after purchasing an additional 44,916 shares during the quarter. BNP Paribas Financial Markets' holdings in TransUnion were worth $9,948,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in the stock. Victory Capital Management Inc. increased its stake in TransUnion by 24.1% during the second quarter. Victory Capital Management Inc. now owns 3,468,854 shares of the business services provider's stock worth $257,250,000 after acquiring an additional 674,187 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. raised its holdings in TransUnion by 12.1% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,308,028 shares of the business services provider's stock valued at $136,951,000 after buying an additional 140,952 shares during the period. 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 buying an additional 523 shares in the last quarter. Harbor Capital Advisors Inc. grew its stake in TransUnion by 359.2% during the second quarter. Harbor Capital Advisors Inc. now owns 9,804 shares of the business services provider's stock worth $727,000 after buying an additional 7,669 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of TransUnion by 3.1% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 89,987 shares of the business services provider's stock worth $6,673,000 after acquiring an additional 2,713 shares in the last quarter.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the stock. Wolfe Research upgraded shares of TransUnion from a "peer perform" rating to an "outperform" rating and set a $130.00 target price on the stock in a report on Thursday, October 10th. Robert W. Baird boosted their price objective on TransUnion from $104.00 to $130.00 and gave the stock an "outperform" rating in a research note on Thursday, October 24th. Royal Bank of Canada reiterated an "outperform" rating and issued a $121.00 target price on shares of TransUnion in a research note on Thursday, October 24th. UBS Group assumed coverage on TransUnion in a research report on Tuesday, October 1st. They set a "neutral" rating and a $110.00 price target on the stock. Finally, The Goldman Sachs Group increased their price objective on shares of TransUnion from $97.00 to $109.00 and gave the company a "neutral" rating in a research report on Wednesday, October 2nd. Seven equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $106.38.

Insider Buying and Selling at TransUnion

In other news, Director George M. Awad sold 12,000 shares of the stock in a transaction on Monday, November 25th. The stock was sold at an average price of $100.00, for a total value of $1,200,000.00. Following the completion of the sale, the director now owns 27,026 shares in the company, valued at $2,702,600. This represents a 30.75 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Steven M. Chaouki sold 1,500 shares of the firm's stock in a transaction dated Friday, November 8th. The stock was sold at an average price of $105.66, for a total value of $158,490.00. Following the sale, the insider now owns 62,988 shares of the company's stock, valued at $6,655,312.08. The trade was a 2.33 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 19,500 shares of company stock valued at $1,954,740. 0.22% of the stock is currently owned by corporate insiders.

TransUnion Price Performance

Shares of NYSE:TRU traded down $2.45 during trading hours on Monday, hitting $99.05. 1,249,137 shares of the company's stock traded hands, compared to its average volume of 1,600,735. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.68 and a current ratio of 1.68. The company's fifty day simple moving average is $103.54 and its two-hundred day simple moving average is $90.57. TransUnion has a 52 week low of $58.59 and a 52 week high of $113.17. The company has a market cap of $19.30 billion, a price-to-earnings ratio of 88.26, a price-to-earnings-growth ratio of 1.41 and a beta of 1.62.

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, topping the consensus estimate of $1.01 by $0.03. TransUnion had a net margin of 5.47% and a return on equity of 15.38%. The firm had revenue of $1.09 billion for the quarter, compared to analyst estimates of $1.06 billion. During the same quarter in the previous year, the business posted $0.80 earnings per share. The firm's quarterly revenue was up 12.0% compared to the same quarter last year. As a group, equities analysts anticipate that TransUnion will post 3.44 EPS for the current fiscal year.

TransUnion Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 9th. Shareholders of record on Friday, November 22nd will be issued a dividend of $0.105 per share. The ex-dividend date is Friday, November 22nd. This represents a $0.42 annualized dividend and a yield of 0.42%. TransUnion's payout ratio is presently 36.52%.

TransUnion 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.