Captrust Financial Advisors bought a new stake in TransUnion (NYSE:TRU - Free Report) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 8,516 shares of the business services provider's stock, valued at approximately $892,000.
A number of other large investors have also recently bought and sold shares of the company. Capstone Investment Advisors LLC acquired a new position in shares of TransUnion during the 3rd quarter worth about $236,000. Vinva Investment Management Ltd boosted its position in TransUnion by 97.7% during the third quarter. Vinva Investment Management Ltd now owns 15,659 shares of the business services provider's stock valued at $1,627,000 after purchasing an additional 7,738 shares during the last quarter. PEAK6 Investments LLC grew its stake in TransUnion by 469.6% in the third quarter. PEAK6 Investments LLC now owns 142,317 shares of the business services provider's stock valued at $14,901,000 after purchasing an additional 117,333 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of TransUnion by 12.3% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,180,036 shares of the business services provider's stock worth $123,550,000 after purchasing an additional 129,547 shares during the last quarter. Finally, Townsquare Capital LLC raised its stake in shares of TransUnion by 1.0% during the 3rd quarter. Townsquare Capital LLC now owns 10,211 shares of the business services provider's stock worth $1,069,000 after purchasing an additional 100 shares in the last quarter.
Wall Street Analyst Weigh In
Several equities analysts recently weighed in on TRU shares. Morgan Stanley raised their target price on shares of TransUnion from $103.00 to $119.00 and gave the company an "overweight" rating in a research note on Thursday, October 24th. Barclays boosted their price objective on shares of TransUnion from $80.00 to $105.00 and gave the stock an "equal weight" rating in a research note on Friday, September 13th. Robert W. Baird raised their target price on shares of TransUnion from $104.00 to $130.00 and gave the company an "outperform" rating in a research note on Thursday, October 24th. Needham & Company LLC reiterated a "hold" rating on shares of TransUnion in a report on Thursday, October 24th. Finally, Stifel Nicolaus upped their price objective on TransUnion from $103.00 to $120.00 and gave the company a "buy" rating in a research note on Thursday, October 24th. Seven research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to data from MarketBeat.com, TransUnion currently has a consensus rating of "Moderate Buy" and an average target price of $106.38.
Check Out Our Latest Stock Analysis on TransUnion
Insider Activity at TransUnion
In related news, insider Steven M. Chaouki sold 1,500 shares of the firm's stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $100.73, for a total value of $151,095.00. Following the sale, the insider now directly owns 60,488 shares of the company's stock, valued at $6,092,956.24. This trade represents a 2.42 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Timothy J. Martin sold 2,500 shares of the business's 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 of the company's stock, 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 sold a total of 20,590 shares of company stock valued at $2,084,633 over the last quarter. 0.28% of the stock is owned by corporate insiders.
TransUnion Stock Performance
NYSE:TRU traded down $1.19 during mid-day trading on Tuesday, reaching $97.00. 1,126,568 shares of the company's stock were exchanged, compared to its average volume of 1,590,873. 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 firm has a market capitalization of $18.91 billion, a PE ratio of 84.35, a price-to-earnings-growth ratio of 1.39 and a beta of 1.60. TransUnion has a one year low of $62.42 and a one year high of $113.17. The business's fifty day simple moving average is $102.77 and its two-hundred day simple moving average is $91.65.
TransUnion (NYSE:TRU - Get Free Report) last released its quarterly earnings results on Wednesday, October 23rd. The business services provider reported $1.04 earnings per share for the quarter, beating analysts' consensus estimates of $1.01 by $0.03. The company had revenue of $1.09 billion during the quarter, compared to the consensus estimate of $1.06 billion. TransUnion had a net margin of 5.47% and a return on equity of 15.38%. The firm's quarterly revenue was up 12.0% on a year-over-year basis. During the same period in the previous year, the business earned $0.80 earnings per share. Analysts anticipate that TransUnion will post 3.44 earnings per share for the current fiscal year.
TransUnion Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Monday, December 9th. Investors of record on Friday, November 22nd were given a $0.105 dividend. This represents a $0.42 dividend on an annualized basis and a dividend yield of 0.43%. The ex-dividend date was Friday, November 22nd. TransUnion's payout ratio is currently 36.52%.
TransUnion Profile
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Free Report)
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.
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