Motley Fool Asset Management LLC Invests $4.97 Million in TransUnion (NYSE:TRU)

Motley Fool Asset Management LLC acquired a new position in shares of TransUnion (NYSE:TRU - Free Report) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 48,090 shares of the business services provider's stock, valued at approximately $4,974,000.

Several other large investors have also modified their holdings of TRU. Motley Fool Wealth Management LLC purchased a new stake in TransUnion in the third quarter valued at $10,754,000. IHT Wealth Management LLC acquired a new stake in shares of TransUnion during the third quarter worth about $317,000. Integrated Wealth Concepts LLC acquired a new stake in shares of TransUnion during the third quarter worth about $230,000. Investment Management Corp of Ontario increased its position in shares of TransUnion by 48.5% during the third quarter. Investment Management Corp of Ontario now owns 6,432 shares of the business services provider's stock worth $673,000 after purchasing an additional 2,100 shares in the last quarter. Finally, Janus Henderson Group PLC increased its position in shares of TransUnion by 2.4% during the third quarter. Janus Henderson Group PLC now owns 3,154,262 shares of the business services provider's stock worth $330,251,000 after purchasing an additional 75,410 shares in the last quarter.

Analysts Set New Price Targets

TRU has been the topic of several research analyst reports. UBS Group started coverage on TransUnion in a research report on Tuesday, October 1st. They set a "neutral" rating and a $110.00 price target on the stock. Needham & Company LLC reiterated a "hold" rating on shares of TransUnion 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 company an "overweight" rating in a research report on Thursday, October 24th. Wells Fargo & Company upped their target price on shares of TransUnion from $125.00 to $135.00 and gave the company an "overweight" rating in a report on Thursday, October 24th. Finally, Stifel Nicolaus upped their price objective on TransUnion from $103.00 to $120.00 and gave the company a "buy" rating in a research note on Thursday, October 24th. Seven research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. Based on data from MarketBeat.com, TransUnion currently has an average rating of "Moderate Buy" and an average target price of $106.38.

TransUnion Price Performance

NYSE:TRU traded up $0.69 during trading hours on Wednesday, hitting $100.72. The company's stock had a trading volume of 1,081,388 shares, compared to its average volume of 1,593,845. The business's 50-day moving average is $103.30 and its two-hundred day moving average is $90.87. 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 company has a market capitalization of $19.63 billion, a PE ratio of 86.98, a PEG ratio of 1.38 and a beta of 1.60. TransUnion has a 52-week low of $58.59 and a 52-week high of $113.17.

TransUnion (NYSE:TRU - Get Free Report) last announced its quarterly earnings results on Wednesday, October 23rd. The business services provider reported $1.04 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.01 by $0.03. TransUnion had a net margin of 5.47% and a return on equity of 15.38%. The business had revenue of $1.09 billion during the quarter, compared to the consensus estimate of $1.06 billion. During the same quarter last year, the firm posted $0.80 EPS. The business's revenue was up 12.0% compared to the same quarter last year. As a group, research analysts anticipate that TransUnion will post 3.44 EPS for the current fiscal year.

TransUnion Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 9th. Investors of record on Friday, November 22nd will be paid a $0.105 dividend. This represents a $0.42 annualized dividend and a yield of 0.42%. The ex-dividend date of this dividend is Friday, November 22nd. TransUnion's payout ratio is currently 36.52%.

Insider Activity at TransUnion

In other TransUnion news, insider Steven M. Chaouki sold 1,500 shares of the firm's stock in a transaction 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 completion of the transaction, the insider now owns 62,988 shares of the company's stock, valued at approximately $6,655,312.08. This trade represents a 2.33 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director George M. Awad sold 12,000 shares of the firm's stock in a transaction on Monday, November 25th. The stock was sold at an average price of $100.00, for a total value of $1,200,000.00. Following the transaction, the director now directly owns 27,026 shares of the company's stock, valued at $2,702,600. The trade was a 30.75 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 19,090 shares of company stock valued at $1,933,538 in the last ninety days. Corporate insiders own 0.28% of the company's stock.

About TransUnion

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.