TransUnion (NYSE:TRU) Shares Sold by Meritage Group LP

Meritage Group LP decreased its position in TransUnion (NYSE:TRU - Free Report) by 17.6% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,278,373 shares of the business services provider's stock after selling 913,601 shares during the quarter. TransUnion accounts for approximately 10.5% of Meritage Group LP's portfolio, making the stock its largest position. Meritage Group LP owned about 2.20% of TransUnion worth $447,946,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in TRU. Massachusetts Financial Services Co. MA increased its holdings in TransUnion by 32.2% in the second quarter. Massachusetts Financial Services Co. MA now owns 16,339,762 shares of the business services provider's stock valued at $1,211,757,000 after buying an additional 3,977,595 shares during the last quarter. FMR LLC increased its stake in TransUnion by 307.7% in the third quarter. FMR LLC now owns 4,540,896 shares of the business services provider's stock valued at $475,432,000 after purchasing an additional 3,427,199 shares during the period. XN LP raised its stake in TransUnion by 194.7% during the 2nd quarter. XN LP now owns 1,973,684 shares of the business services provider's stock valued at $146,368,000 after acquiring an additional 1,303,996 shares during the last quarter. Westfield Capital Management Co. LP purchased a new position in TransUnion in the 3rd quarter valued at $92,661,000. Finally, Ninety One UK Ltd boosted its holdings in shares of TransUnion by 37.4% in the second quarter. Ninety One UK Ltd now owns 2,566,928 shares of the business services provider's stock valued at $190,363,000 after acquiring an additional 698,580 shares in the last quarter.

Wall Street Analysts Forecast Growth

TRU has been the subject of a number of recent analyst reports. Barclays raised their target price on TransUnion from $80.00 to $105.00 and gave the company an "equal weight" rating in a report on Friday, September 13th. 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 note on Thursday, October 10th. Needham & Company LLC reaffirmed a "hold" rating on shares of TransUnion in a research note on Thursday, October 24th. UBS Group assumed coverage on TransUnion in a report on Tuesday, October 1st. They set a "neutral" rating and a $110.00 price objective on the stock. Finally, Stifel Nicolaus increased their target price on TransUnion from $103.00 to $120.00 and gave the stock a "buy" rating in a research report on Thursday, October 24th. Seven equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $106.38.

TransUnion Stock Down 1.4 %

Shares of NYSE TRU traded down $1.44 during trading on Monday, reaching $98.23. 614,489 shares of the stock were exchanged, compared to its average volume of 1,590,190. TransUnion has a twelve month low of $62.42 and a twelve month high of $113.17. The company has a market capitalization of $19.15 billion, a price-to-earnings ratio of 85.47, a price-to-earnings-growth ratio of 1.39 and a beta of 1.60. 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 business's 50-day moving average price is $103.03 and its 200 day moving average price is $91.34.

TransUnion (NYSE:TRU - Get Free Report) last issued its quarterly earnings results on Wednesday, October 23rd. The business services provider reported $1.04 EPS for the quarter, beating analysts' consensus estimates 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 prior year, the business posted $0.80 earnings per share. TransUnion's revenue for the quarter was up 12.0% on a year-over-year basis. As a group, equities analysts forecast that TransUnion will post 3.44 EPS for the current fiscal year.

TransUnion Dividend Announcement

The business also recently announced 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. The ex-dividend date is Friday, November 22nd. This represents a $0.42 dividend on an annualized basis and a dividend yield of 0.43%. TransUnion's dividend payout ratio (DPR) is presently 36.52%.

Insider Transactions at TransUnion

In other news, insider Steven M. Chaouki sold 1,500 shares of the stock in a transaction that occurred on Friday, November 8th. The stock was sold at an average price of $105.66, for a total transaction of $158,490.00. Following the sale, the insider now directly owns 62,988 shares in the company, valued at approximately $6,655,312.08. This represents a 2.33 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Timothy J. Martin sold 2,500 shares of the business'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 transaction, the executive vice president now owns 46,739 shares of the company's stock, valued at $4,888,432.01. This represents a 5.08 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 20,590 shares of company stock valued at $2,084,633. Insiders own 0.28% 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.