International Assets Investment Management LLC Buys 5,807 Shares of TransUnion (NYSE:TRU)

International Assets Investment Management LLC raised its holdings in TransUnion (NYSE:TRU - Free Report) by 10,369.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,863 shares of the business services provider's stock after buying an additional 5,807 shares during the period. International Assets Investment Management LLC's holdings in TransUnion were worth $614,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the stock. Signaturefd LLC increased its stake in TransUnion by 15.0% in the 3rd quarter. Signaturefd LLC now owns 788 shares of the business services provider's stock valued at $83,000 after buying an additional 103 shares during the period. Elo Mutual Pension Insurance Co boosted its holdings in TransUnion by 0.7% in the 2nd quarter. Elo Mutual Pension Insurance Co now owns 17,822 shares of the business services provider's stock worth $1,322,000 after acquiring an additional 123 shares during the period. V Square Quantitative Management LLC lifted its stake in TransUnion by 6.4% during the second quarter. V Square Quantitative Management LLC now owns 2,762 shares of the business services provider's stock worth $205,000 after purchasing an additional 165 shares during the last quarter. National Bank of Canada FI boosted its position 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 period. Finally, OLD National Bancorp IN boosted its position in shares of TransUnion by 5.8% during the second quarter. OLD National Bancorp IN now owns 4,599 shares of the business services provider's stock worth $341,000 after buying an additional 254 shares during the period.

Insider Activity at TransUnion

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

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the company. Royal Bank of Canada reissued an "outperform" rating and set a $121.00 target price on shares of TransUnion in a report on Thursday, October 24th. Stifel Nicolaus boosted 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. Morgan Stanley upped 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. Oppenheimer boosted their target price on TransUnion from $118.00 to $122.00 and gave the company an "outperform" rating in a research note on Thursday, October 24th. Finally, Needham & Company LLC reiterated 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 eleven have issued a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $104.53.

TransUnion Stock Up 3.8 %

TRU stock traded up $3.79 during trading hours on Wednesday, reaching $104.76. 2,687,169 shares of the stock were exchanged, compared to its average volume of 1,593,752. The company has a market cap of $20.42 billion, a price-to-earnings ratio of 91.10, a PEG ratio of 1.35 and a beta of 1.62. The firm's 50-day moving average is $102.62 and its 200-day moving average is $87.44. TransUnion has a 12 month low of $50.51 and a 12 month high of $113.17. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.68 and a quick ratio of 1.68.

TransUnion (NYSE:TRU - Get Free Report) last released its earnings results 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 for the quarter, compared to analysts' expectations of $1.06 billion. During the same quarter in the previous year, the business posted $0.80 EPS. The business's quarterly revenue was up 12.0% compared to the same quarter last year. On average, equities research analysts expect that TransUnion will post 3.46 earnings per share for the current year.

TransUnion Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 9th. Stockholders of record on Friday, August 23rd were issued a $0.105 dividend. This represents a $0.42 annualized dividend and a dividend yield of 0.40%. The ex-dividend date of this dividend was Friday, August 23rd. TransUnion's payout ratio 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.