Dai ichi Life Insurance Company Ltd Takes Position in TransUnion (NYSE:TRU)

Dai ichi Life Insurance Company Ltd bought a new stake in TransUnion (NYSE:TRU - Free Report) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 6,563 shares of the business services provider's stock, valued at approximately $687,000.

Several other hedge funds also recently made changes to their positions in the company. Huntington National Bank boosted its holdings in TransUnion by 84.5% in the third quarter. Huntington National Bank now owns 286 shares of the business services provider's stock worth $30,000 after acquiring an additional 131 shares in the last quarter. Quarry LP increased its stake in TransUnion by 963.0% during the 2nd quarter. Quarry LP now owns 574 shares of the business services provider's stock valued at $43,000 after purchasing an additional 520 shares in the last quarter. Signaturefd LLC raised its holdings in TransUnion by 15.0% in the third quarter. Signaturefd LLC now owns 788 shares of the business services provider's stock worth $83,000 after buying an additional 103 shares during the last quarter. Blue Trust Inc. boosted its stake in TransUnion by 156.6% during the 2nd 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 last quarter. Finally, National Bank of Canada FI boosted its stake in TransUnion by 22.3% during the 2nd quarter. National Bank of Canada FI now owns 910 shares of the business services provider's stock valued at $66,000 after purchasing an additional 166 shares during the last quarter.

Insider Buying and Selling

In other TransUnion news, Director George M. Awad sold 12,000 shares of the stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $100.00, for a total transaction of $1,200,000.00. Following the completion of the transaction, the director now owns 27,026 shares of the company's stock, valued at $2,702,600. This represents a 30.75 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Steven M. Chaouki sold 1,000 shares of the business's stock in a transaction dated Tuesday, September 3rd. The stock was sold at an average price of $95.65, for a total value of $95,650.00. Following the completion of the sale, the insider now owns 64,488 shares in the company, valued at $6,168,277.20. This represents a 1.53 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 19,500 shares of company stock worth $1,954,740. 0.22% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

TRU has been the topic of several recent analyst reports. Wells Fargo & Company increased their price objective on TransUnion from $125.00 to $135.00 and gave the company an "overweight" rating in a research report on Thursday, October 24th. UBS Group assumed coverage on shares of TransUnion in a research note on Tuesday, October 1st. They issued a "neutral" rating and a $110.00 price target for the company. Stifel Nicolaus increased their price objective on shares of TransUnion from $103.00 to $120.00 and gave the company a "buy" 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 research report on Thursday, October 10th. Finally, Needham & Company LLC reissued a "hold" rating on shares of TransUnion in a report on Thursday, October 24th. Seven equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $106.38.

TransUnion Stock Performance

NYSE TRU traded up $0.50 on Friday, reaching $101.50. 652,470 shares of the stock were exchanged, compared to its average volume of 1,602,257. 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 firm has a market capitalization of $19.78 billion, a PE ratio of 87.83, a PEG ratio of 1.40 and a beta of 1.62. The company's 50-day simple moving average is $103.61 and its two-hundred day simple moving average is $90.25.

TransUnion (NYSE:TRU - Get Free Report) last announced its quarterly earnings data on Wednesday, October 23rd. The business services provider reported $1.04 EPS for the quarter, beating the consensus estimate of $1.01 by $0.03. The firm had revenue of $1.09 billion for 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 company's revenue was up 12.0% on a year-over-year basis. During the same period last year, the firm earned $0.80 EPS. Analysts expect that TransUnion will post 3.44 EPS for the current fiscal year.

TransUnion Announces Dividend

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