TransUnion (NYSE:TRU) Shares Sold by Franklin Resources Inc.

Franklin Resources Inc. reduced its position in TransUnion (NYSE:TRU - Free Report) by 3.7% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,166,076 shares of the business services provider's stock after selling 82,841 shares during the period. Franklin Resources Inc. owned 1.11% of TransUnion worth $231,554,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Huntington National Bank lifted its position in shares of 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 buying an additional 131 shares in the last quarter. True Wealth Design LLC increased its stake in TransUnion by 4,590.0% during the third quarter. True Wealth Design LLC now owns 469 shares of the business services provider's stock worth $49,000 after acquiring an additional 459 shares during the last quarter. Quarry LP increased its stake in TransUnion by 963.0% during the second quarter. Quarry LP now owns 574 shares of the business services provider's stock worth $43,000 after acquiring an additional 520 shares during the last quarter. Signaturefd LLC increased its stake in TransUnion by 15.0% during the third quarter. Signaturefd LLC now owns 788 shares of the business services provider's stock worth $83,000 after acquiring an additional 103 shares during the last quarter. Finally, Blue Trust Inc. increased its stake in TransUnion by 156.6% during the second quarter. Blue Trust Inc. now owns 857 shares of the business services provider's stock worth $68,000 after acquiring an additional 523 shares during the last quarter.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on TRU shares. Morgan Stanley boosted their price objective on TransUnion from $119.00 to $130.00 and gave the stock an "overweight" rating in a research note on Thursday. Wolfe Research raised TransUnion from a "peer perform" rating to an "outperform" rating and set a $130.00 price objective on the stock in a research note on Thursday, October 10th. Barclays upped their target price on TransUnion from $80.00 to $105.00 and gave the company an "equal weight" rating in a research note on Friday, September 13th. Royal Bank of Canada reaffirmed an "outperform" rating and set a $121.00 target price on shares of TransUnion in a research note on Thursday, October 24th. Finally, Oppenheimer cut their target price on TransUnion from $122.00 to $115.00 and set an "outperform" rating on the stock in a research note on Wednesday, November 20th. Seven analysts have rated the stock with a hold rating and ten have given a buy rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $107.06.

TransUnion Stock Down 1.1 %

TransUnion stock traded down $1.08 during mid-day trading on Friday, reaching $98.43. 927,992 shares of the company were exchanged, compared to its average volume of 1,426,496. The business has a fifty day moving average of $102.39 and a 200 day moving average of $92.16. 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 cap of $19.18 billion, a P/E ratio of 85.59, a PEG ratio of 1.37 and a beta of 1.60. TransUnion has a 12-month low of $63.03 and a 12-month high of $113.17.

TransUnion (NYSE:TRU - Get Free Report) last issued 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. TransUnion had a return on equity of 15.38% and a net margin of 5.47%. The firm had revenue of $1.09 billion during the quarter, compared to analyst estimates of $1.06 billion. During the same quarter in the prior year, the business posted $0.80 EPS. The business's revenue for the quarter was up 12.0% compared to the same quarter last year. Research 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. Shareholders of record on Friday, November 22nd were given a dividend of $0.105 per share. This represents a $0.42 annualized dividend and a yield of 0.43%. The ex-dividend date was Friday, November 22nd. TransUnion's dividend payout ratio is currently 36.52%.

Insiders Place Their Bets

In other news, EVP Timothy J. Martin sold 2,500 shares of TransUnion stock in a transaction that occurred on Tuesday, October 1st. The shares were sold at an average price of $104.59, for a total transaction of $261,475.00. Following the sale, the executive vice president now 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director George M. Awad sold 12,000 shares of TransUnion stock in a transaction that occurred on 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 sale, the director now directly owns 27,026 shares in the company, valued at approximately $2,702,600. The trade was a 30.75 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 20,590 shares of company stock valued at $2,084,633. Company insiders own 0.22% of the company's stock.

TransUnion Company 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.