Motley Fool Wealth Management LLC Takes $10.75 Million Position in TransUnion (NYSE:TRU)

Motley Fool Wealth Management LLC bought a new position in shares of TransUnion (NYSE:TRU - Free Report) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 102,710 shares of the business services provider's stock, valued at approximately $10,754,000. Motley Fool Wealth Management LLC owned 0.05% of TransUnion at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in TRU. Tidal Investments LLC boosted its stake in shares of TransUnion by 8.3% during the 1st quarter. Tidal Investments LLC now owns 3,981 shares of the business services provider's stock worth $318,000 after acquiring an additional 304 shares during the period. DNB Asset Management AS boosted its stake in TransUnion by 5.6% in the 2nd quarter. DNB Asset Management AS now owns 36,506 shares of the business services provider's stock valued at $2,707,000 after purchasing an additional 1,939 shares during the period. Harbor Capital Advisors Inc. boosted its stake in TransUnion by 359.2% in the 2nd quarter. Harbor Capital Advisors Inc. now owns 9,804 shares of the business services provider's stock valued at $727,000 after purchasing an additional 7,669 shares during the period. CWM LLC boosted its stake in TransUnion by 39.8% in the 2nd quarter. CWM LLC now owns 2,342 shares of the business services provider's stock valued at $174,000 after purchasing an additional 667 shares during the period. Finally, Simplicity Wealth LLC boosted its stake in TransUnion by 4.9% in the 2nd quarter. Simplicity Wealth LLC now owns 15,295 shares of the business services provider's stock valued at $1,134,000 after purchasing an additional 708 shares during the period.

TransUnion Price Performance

TRU traded up $0.32 on Wednesday, reaching $100.35. The stock had a trading volume of 428,709 shares, compared to its average volume of 1,593,583. TransUnion has a fifty-two week low of $58.59 and a fifty-two week high of $113.17. The firm has a 50-day moving average of $103.30 and a 200-day moving average of $90.87. 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 $19.56 billion, a price-to-earnings ratio of 86.98, a price-to-earnings-growth ratio of 1.38 and a beta of 1.60.

TransUnion (NYSE:TRU - Get Free Report) last issued its earnings results on Wednesday, October 23rd. The business services provider reported $1.04 earnings per share (EPS) for the quarter, topping 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 business had revenue of $1.09 billion during the quarter, compared to analysts' expectations of $1.06 billion. During the same quarter in the prior year, the firm earned $0.80 EPS. The business's revenue for the quarter was up 12.0% compared to the same quarter last year. As a group, sell-side analysts anticipate that TransUnion will post 3.44 EPS for the current year.

TransUnion Announces Dividend

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

Insiders Place Their Bets

In other TransUnion news, Director George M. Awad sold 12,000 shares of the firm's stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $100.00, for a total transaction of $1,200,000.00. Following the completion of the transaction, the director now owns 27,026 shares in the company, valued at approximately $2,702,600. This trade represents a 30.75 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Todd C. Skinner sold 3,090 shares of the firm's stock in a transaction that occurred on Friday, November 29th. The stock was sold at an average price of $101.48, for a total transaction of $313,573.20. Following the transaction, the insider now owns 24,333 shares of the company's stock, valued at approximately $2,469,312.84. The trade was a 11.27 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 19,090 shares of company stock valued at $1,933,538 in the last 90 days. Corporate insiders own 0.28% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the company. Robert W. Baird boosted their price target on TransUnion from $104.00 to $130.00 and gave the company an "outperform" rating in a research note on Thursday, October 24th. Wolfe Research raised TransUnion from a "peer perform" rating to an "outperform" rating and set a $130.00 price objective for the company in a report on Thursday, October 10th. Barclays lifted their price objective on TransUnion from $80.00 to $105.00 and gave the company an "equal weight" rating in a report on Friday, September 13th. Morgan Stanley lifted their price objective on TransUnion from $103.00 to $119.00 and gave the company an "overweight" rating in a report on Thursday, October 24th. Finally, Oppenheimer dropped their price objective on TransUnion from $122.00 to $115.00 and set an "outperform" rating for the company in a report on Wednesday, November 20th. Seven equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $106.38.

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.