TransUnion (NYSE:TRU) Shares Bought by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. lifted its stake in TransUnion (NYSE:TRU - Free Report) by 2.5% in the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 677,692 shares of the business services provider's stock after purchasing an additional 16,445 shares during the quarter. Charles Schwab Investment Management Inc. owned about 0.35% of TransUnion worth $70,954,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of TRU. Massachusetts Financial Services Co. MA grew its holdings in TransUnion by 17.4% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 19,180,562 shares of the business services provider's stock valued at $2,008,205,000 after purchasing an additional 2,840,800 shares during the last quarter. NS Partners Ltd boosted its position in shares of TransUnion by 2.6% during the third quarter. NS Partners Ltd now owns 148,692 shares of the business services provider's stock valued at $15,568,000 after buying an additional 3,732 shares during the period. PCJ Investment Counsel Ltd. bought a new position in shares of TransUnion during the third quarter valued at approximately $1,163,000. Avior Wealth Management LLC purchased a new stake in shares of TransUnion in the third quarter worth approximately $513,000. Finally, B. Metzler seel. Sohn & Co. Holding AG bought a new stake in shares of TransUnion during the 3rd quarter worth approximately $1,002,000.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the company. Stifel Nicolaus increased their target price on TransUnion from $103.00 to $120.00 and gave the stock a "buy" rating in a research note on Thursday, October 24th. Morgan Stanley raised their price target on shares of TransUnion from $103.00 to $119.00 and gave the stock an "overweight" rating in a research note on Thursday, October 24th. UBS Group initiated coverage on shares of TransUnion in a report on Tuesday, October 1st. They set a "neutral" rating and a $110.00 price objective for the company. The Goldman Sachs Group raised their target price on shares of TransUnion from $97.00 to $109.00 and gave the stock a "neutral" rating in a research report on Wednesday, October 2nd. Finally, Needham & Company LLC reaffirmed a "hold" rating on shares of TransUnion in a research note on Thursday, October 24th. Seven research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $106.38.

Insider Activity at TransUnion

In related news, Director George M. Awad sold 12,000 shares of the company's stock in a transaction that occurred 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 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Timothy J. Martin sold 2,500 shares of the firm's stock in a transaction that occurred on Tuesday, September 3rd. The stock was sold at an average price of $95.65, for a total transaction of $239,125.00. Following the transaction, the executive vice president now directly owns 49,239 shares of the company's stock, valued at $4,709,710.35. This represents a 4.83 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 19,500 shares of company stock valued at $1,954,740 in the last three months. 0.22% of the stock is owned by insiders.

TransUnion Stock Up 0.5 %

Shares of NYSE:TRU traded up $0.50 during trading on Friday, reaching $101.50. The stock had a trading volume of 652,470 shares, compared to its average volume of 1,602,257. The firm's 50-day simple moving average is $103.61 and its 200 day simple moving average is $90.25. 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 one year low of $57.80 and a one year high of $113.17. The company has a market capitalization of $19.78 billion, a P/E ratio of 87.83, a PEG ratio of 1.40 and a beta of 1.62.

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

TransUnion Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 9th. Stockholders of record on Friday, November 22nd will be issued a dividend of $0.105 per share. The ex-dividend date of this dividend is Friday, November 22nd. This represents a $0.42 annualized dividend and a dividend yield of 0.41%. TransUnion's dividend payout ratio (DPR) is currently 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.