Harbor Capital Advisors Inc. Purchases 7,142 Shares of TransUnion (NYSE:TRU)

Harbor Capital Advisors Inc. raised its holdings in TransUnion (NYSE:TRU - Free Report) by 72.8% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 16,946 shares of the business services provider's stock after acquiring an additional 7,142 shares during the period. Harbor Capital Advisors Inc.'s holdings in TransUnion were worth $1,774,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Massachusetts Financial Services Co. MA increased its holdings in shares of TransUnion by 32.2% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 16,339,762 shares of the business services provider's stock worth $1,211,757,000 after buying an additional 3,977,595 shares during the last quarter. Price T Rowe Associates Inc. MD increased its holdings in shares of TransUnion by 51.8% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 6,755,729 shares of the business services provider's stock worth $539,108,000 after buying an additional 2,306,596 shares during the last quarter. Meritage Group LP increased its holdings in shares of TransUnion by 2.3% during the 1st quarter. Meritage Group LP now owns 5,147,510 shares of the business services provider's stock worth $410,771,000 after buying an additional 117,086 shares during the last quarter. Bessemer Group Inc. increased its holdings in shares of TransUnion by 2.3% during the 1st quarter. Bessemer Group Inc. now owns 4,566,864 shares of the business services provider's stock worth $364,436,000 after buying an additional 102,841 shares during the last quarter. Finally, Victory Capital Management Inc. increased its holdings in shares of TransUnion by 24.1% during the 2nd quarter. Victory Capital Management Inc. now owns 3,468,854 shares of the business services provider's stock worth $257,250,000 after buying an additional 674,187 shares during the last quarter.

TransUnion Price Performance

TransUnion stock traded up $3.79 during mid-day trading on Wednesday, hitting $104.76. The company's stock had a trading volume of 2,687,169 shares, compared to its average volume of 1,593,752. The company has a quick ratio of 1.68, a current ratio of 1.68 and a debt-to-equity ratio of 1.19. The stock has a market capitalization of $20.42 billion, a P/E ratio of 88.83, a P/E/G ratio of 1.35 and a beta of 1.62. TransUnion has a twelve month low of $50.51 and a twelve month high of $113.17. The stock's fifty day moving average price is $102.43 and its two-hundred day moving average price is $87.32.

TransUnion (NYSE:TRU - Get Free Report) last posted its quarterly earnings results on Wednesday, October 23rd. The business services provider reported $1.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.01 by $0.03. The firm had revenue of $1.09 billion for the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.80 earnings per share. Research analysts forecast that TransUnion will post 3.46 earnings per share for the current year.

TransUnion Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 9th. Shareholders of record on Friday, August 23rd were given a $0.105 dividend. The ex-dividend date of this dividend was Friday, August 23rd. This represents a $0.42 annualized dividend and a yield of 0.40%. TransUnion's dividend payout ratio (DPR) is 36.52%.

Insiders Place Their Bets

In related news, EVP Timothy J. Martin sold 2,500 shares of the firm's stock in a transaction that occurred on Tuesday, October 1st. The shares were sold at an average price of $104.59, for a total value of $261,475.00. Following the completion of the transaction, the executive vice president now owns 46,739 shares of the company's stock, valued at approximately $4,888,432.01. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In other TransUnion news, EVP Timothy J. Martin sold 2,500 shares of TransUnion stock in a transaction 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 completion of the sale, the executive vice president now owns 46,739 shares of the company's stock, valued at $4,888,432.01. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Todd C. Skinner sold 2,900 shares of TransUnion stock in a transaction on Thursday, August 8th. The shares were sold at an average price of $85.58, for a total transaction of $248,182.00. Following the sale, the insider now directly owns 27,729 shares of the company's stock, valued at $2,373,047.82. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 12,715 shares of company stock worth $1,209,589. 0.28% of the stock is owned by insiders.

Analyst Ratings Changes

TRU has been the subject of several recent research reports. Wolfe Research upgraded TransUnion from a "peer perform" rating to an "outperform" rating and set a $130.00 price target for the company in a report on Thursday, October 10th. Robert W. Baird raised their target price on shares of TransUnion from $104.00 to $130.00 and gave the stock an "outperform" rating in a report on Thursday, October 24th. Oppenheimer raised their target price on shares of TransUnion from $118.00 to $122.00 and gave the stock an "outperform" rating in a report on Thursday, October 24th. 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 report on Wednesday, October 2nd. Finally, Morgan Stanley raised their price target 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. Seven investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $104.53.

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.