Cwm LLC Increases Stake in TransUnion (NYSE:TRU)

CWM LLC boosted its holdings in TransUnion (NYSE:TRU - Free Report) by 492.8% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 13,883 shares of the business services provider's stock after buying an additional 11,541 shares during the quarter. CWM LLC's holdings in TransUnion were worth $1,454,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. CANADA LIFE ASSURANCE Co boosted its holdings in shares of TransUnion by 3.6% in the first quarter. CANADA LIFE ASSURANCE Co now owns 179,865 shares of the business services provider's stock valued at $14,369,000 after acquiring an additional 6,270 shares during the period. Picton Mahoney Asset Management acquired a new position in TransUnion in the first quarter valued at $3,900,000. California State Teachers Retirement System raised its holdings in shares of TransUnion by 2.4% in the first quarter. California State Teachers Retirement System now owns 327,518 shares of the business services provider's stock valued at $26,136,000 after buying an additional 7,636 shares during the last quarter. Victory Capital Management Inc. boosted its stake in shares of TransUnion by 24.1% during the second 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 period. Finally, Nordea Investment Management AB grew its holdings in shares of TransUnion by 6.8% during the first quarter. Nordea Investment Management AB now owns 13,135 shares of the business services provider's stock worth $1,058,000 after buying an additional 832 shares during the last quarter.

Analyst Ratings Changes

A number of research firms have weighed in on TRU. Morgan Stanley increased their price objective on TransUnion from $96.00 to $103.00 and gave the stock an "overweight" rating in a research report on Thursday, September 12th. Bank of America upgraded shares of TransUnion from a "neutral" rating to a "buy" rating and set a $92.00 price objective for the company in a research report on Thursday, June 20th. Wolfe Research raised shares of TransUnion from a "peer perform" rating to an "outperform" rating and set a $130.00 target price on the stock in a report on Thursday, October 10th. Barclays increased their price target on shares of TransUnion from $80.00 to $105.00 and gave the stock an "equal weight" rating in a report on Friday, September 13th. Finally, Robert W. Baird lifted their price objective on TransUnion from $94.00 to $104.00 and gave the company an "outperform" rating in a report on Friday, July 26th. Seven equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. Based on data from MarketBeat, TransUnion has a consensus rating of "Moderate Buy" and an average target price of $98.71.

TransUnion Price Performance

Shares of TransUnion stock traded down $1.08 on Wednesday, hitting $106.58. The company's stock had a trading volume of 1,135,190 shares, compared to its average volume of 1,577,263. The company has a quick ratio of 1.66, a current ratio of 1.66 and a debt-to-equity ratio of 1.22. The firm has a fifty day moving average price of $98.60 and a 200-day moving average price of $84.18. TransUnion has a 52-week low of $42.09 and a 52-week high of $108.56. The company has a market capitalization of $20.70 billion, a P/E ratio of -74.63, a price-to-earnings-growth ratio of 1.40 and a beta of 1.62.

TransUnion (NYSE:TRU - Get Free Report) last released its quarterly earnings results on Thursday, July 25th. The business services provider reported $0.99 EPS for the quarter, beating the consensus estimate of $0.86 by $0.13. TransUnion had a negative net margin of 6.11% and a positive return on equity of 15.03%. The business had revenue of $1.04 billion for the quarter, compared to analyst estimates of $1.02 billion. During the same period in the prior year, the business earned $0.76 earnings per share. The company's quarterly revenue was up 7.5% on a year-over-year basis. On average, equities research analysts expect that TransUnion will post 3.45 earnings per share for the current fiscal 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 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 dividend yield of 0.39%. TransUnion's dividend payout ratio is currently -29.37%.

Insider Activity at TransUnion

In related news, EVP Heather J. Russell sold 3,173 shares of the business's stock in a transaction dated Thursday, August 29th. The shares were sold at an average price of $95.58, for a total value of $303,275.34. Following the completion of the transaction, the executive vice president now owns 19,926 shares of the company's stock, valued at approximately $1,904,527.08. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In other news, EVP Heather J. Russell sold 3,173 shares of TransUnion stock in a transaction dated Thursday, August 29th. The shares were sold at an average price of $95.58, for a total transaction of $303,275.34. Following the completion of the sale, the executive vice president now directly owns 19,926 shares in the company, valued at $1,904,527.08. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available 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 transaction of $261,475.00. Following the completion of the transaction, the executive vice president now directly owns 46,739 shares of the company's stock, valued at approximately $4,888,432.01. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 13,715 shares of company stock valued at $1,299,729 over the last quarter. Insiders own 0.22% of the company's stock.

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.