Gateway Investment Advisers LLC lowered its stake in TransUnion (NYSE:TRU - Free Report) by 14.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 22,491 shares of the business services provider's stock after selling 3,882 shares during the quarter. Gateway Investment Advisers LLC's holdings in TransUnion were worth $2,085,000 as of its most recent SEC filing.
A number of other hedge funds also recently made changes to their positions in the stock. Huntington National Bank grew its holdings in shares of TransUnion by 84.5% during the third quarter. Huntington National Bank now owns 286 shares of the business services provider's stock worth $30,000 after purchasing an additional 131 shares during the last quarter. Versant Capital Management Inc boosted its position in TransUnion by 82.1% during the 4th quarter. Versant Capital Management Inc now owns 428 shares of the business services provider's stock worth $40,000 after buying an additional 193 shares during the period. Quarry LP grew its holdings in TransUnion by 963.0% during the 2nd 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. True Wealth Design LLC increased its position in TransUnion by 4,590.0% in the 3rd quarter. True Wealth Design LLC now owns 469 shares of the business services provider's stock valued at $49,000 after acquiring an additional 459 shares during the period. Finally, Signaturefd LLC raised its stake in shares of TransUnion by 15.0% during the third quarter. Signaturefd LLC now owns 788 shares of the business services provider's stock valued at $83,000 after acquiring an additional 103 shares during the last quarter.
Insider Activity
In related news, Director George M. Awad sold 12,000 shares of TransUnion stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $100.00, for a total transaction of $1,200,000.00. Following the transaction, the director now owns 27,026 shares of the company's stock, valued at $2,702,600. The trade was 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 link. Also, insider Todd C. Skinner sold 3,090 shares of the stock in a transaction on Friday, November 29th. The shares were sold at an average price of $101.48, for a total value of $313,573.20. Following the completion of the sale, the insider now directly owns 24,333 shares of the company's stock, valued at $2,469,312.84. The trade was a 11.27 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 19,090 shares of company stock worth $1,916,758 over the last three months. 0.28% of the stock is currently owned by insiders.
TransUnion Stock Up 0.5 %
TransUnion stock traded up $0.48 during midday trading on Friday, reaching $95.26. The stock had a trading volume of 1,239,242 shares, compared to its average volume of 1,108,329. The company has a fifty day moving average price of $96.45 and a two-hundred day moving average price of $95.55. TransUnion has a 12 month low of $66.07 and a 12 month high of $113.17. The company has a current ratio of 1.68, a quick ratio of 1.68 and a debt-to-equity ratio of 1.19. The company has a market capitalization of $18.57 billion, a P/E ratio of 82.83, a PEG ratio of 1.02 and a beta of 1.62.
TransUnion (NYSE:TRU - Get Free Report) last released 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 the consensus estimate of $1.06 billion. During the same quarter in the previous year, the company posted $0.80 earnings per share. The company's quarterly revenue was up 12.0% on a year-over-year basis. As a group, equities 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 was paid on Monday, December 9th. Stockholders of record on Friday, November 22nd were issued a dividend of $0.105 per share. This represents a $0.42 dividend on an annualized basis and a dividend yield of 0.44%. The ex-dividend date of this dividend was Friday, November 22nd. TransUnion's dividend payout ratio is currently 36.52%.
Analysts Set New Price Targets
Several brokerages recently weighed in on TRU. Jefferies Financial Group reduced their price objective on shares of TransUnion from $125.00 to $115.00 and set a "buy" rating on the stock in a research note on Wednesday. Wolfe Research raised TransUnion from a "peer perform" rating to an "outperform" rating and set a $130.00 price target for the company in a research note on Thursday, October 10th. Royal Bank of Canada reaffirmed an "outperform" rating and issued a $121.00 price objective on shares of TransUnion in a research note on Thursday, October 24th. Robert W. Baird increased their target price on shares of TransUnion from $104.00 to $130.00 and gave the company an "outperform" rating in a research report on Thursday, October 24th. Finally, Oppenheimer lowered their price target on shares of TransUnion from $115.00 to $112.00 and set an "outperform" rating for the company in a report on Tuesday, January 7th. Seven equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company's stock. According to data from MarketBeat.com, TransUnion currently has a consensus rating of "Moderate Buy" and a consensus target price of $108.19.
Read Our Latest Research Report on TransUnion
About TransUnion
(
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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