TransUnion (NYSE:TRU) is Laurus Investment Counsel Inc.'s 6th Largest Position

Laurus Investment Counsel Inc. cut its stake in shares of TransUnion (NYSE:TRU - Free Report) by 14.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 121,225 shares of the business services provider's stock after selling 21,300 shares during the period. TransUnion comprises approximately 6.6% of Laurus Investment Counsel Inc.'s investment portfolio, making the stock its 6th largest holding. Laurus Investment Counsel Inc. owned 0.06% of TransUnion worth $12,692,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently bought and sold shares of the company. V Square Quantitative Management LLC grew its holdings in shares of TransUnion by 10.9% in the third quarter. V Square Quantitative Management LLC now owns 3,063 shares of the business services provider's stock valued at $321,000 after acquiring an additional 301 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd boosted its position in TransUnion by 24.0% in the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 19,410 shares of the business services provider's stock worth $2,032,000 after purchasing an additional 3,753 shares during the last quarter. Bleakley Financial Group LLC grew its stake in TransUnion by 2.0% in the 3rd quarter. Bleakley Financial Group LLC now owns 15,782 shares of the business services provider's stock valued at $1,652,000 after purchasing an additional 315 shares during the period. nVerses Capital LLC increased its position in shares of TransUnion by 114.8% during the 3rd quarter. nVerses Capital LLC now owns 5,800 shares of the business services provider's stock valued at $607,000 after purchasing an additional 3,100 shares during the last quarter. Finally, Hengehold Capital Management LLC raised its stake in shares of TransUnion by 12.8% during the 3rd quarter. Hengehold Capital Management LLC now owns 3,487 shares of the business services provider's stock worth $365,000 after purchasing an additional 396 shares during the period.

Analyst Upgrades and Downgrades

TRU has been the subject of a number of research analyst reports. 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 report on Thursday, June 20th. Royal Bank of Canada raised their price target on shares of TransUnion from $85.00 to $106.00 and gave the stock an "outperform" rating in a research note on Friday, July 26th. Robert W. Baird upped their price objective on TransUnion from $94.00 to $104.00 and gave the company an "outperform" rating in a research note on Friday, July 26th. The Goldman Sachs Group raised their target price on TransUnion from $97.00 to $109.00 and gave the stock a "neutral" rating in a research report on Wednesday, October 2nd. Finally, Morgan Stanley upped their price target on TransUnion from $96.00 to $103.00 and gave the company an "overweight" rating in a research report on Thursday, September 12th. Seven research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to MarketBeat.com, TransUnion currently has a consensus rating of "Moderate Buy" and an average target price of $98.71.

Insider Transactions at TransUnion

In other news, EVP Heather J. Russell sold 3,173 shares of the company's stock in a transaction dated Thursday, August 29th. The stock was 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 directly owns 19,926 shares in the company, valued at approximately $1,904,527.08. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other TransUnion news, insider Todd C. Skinner sold 2,900 shares of the business's stock in a transaction on Thursday, August 8th. The shares were 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 of the company's stock, valued at $2,373,047.82. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Heather J. Russell sold 3,173 shares of the firm'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 transaction, the executive vice president now directly owns 19,926 shares in the company, valued at $1,904,527.08. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 13,715 shares of company stock valued at $1,299,729. Insiders own 0.28% of the company's stock.

TransUnion Price Performance

NYSE:TRU traded up $0.86 during trading hours on Friday, hitting $107.86. 1,486,092 shares of the company's stock traded hands, compared to its average volume of 1,578,385. TransUnion has a 52 week low of $42.09 and a 52 week high of $108.56. The business's fifty day simple moving average is $99.96 and its two-hundred day simple moving average is $84.69. 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 market cap of $20.96 billion, a P/E ratio of -84.93, a P/E/G ratio of 1.39 and a beta of 1.62.

TransUnion (NYSE:TRU - Get Free Report) last issued its quarterly earnings results on Thursday, July 25th. The business services provider reported $0.99 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.86 by $0.13. The firm had revenue of $1.04 billion during the quarter, compared to the consensus estimate of $1.02 billion. TransUnion had a positive return on equity of 15.03% and a negative net margin of 6.11%. The company's revenue for the quarter was up 7.5% on a year-over-year basis. During the same quarter last year, the company posted $0.76 EPS. On average, research analysts anticipate 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 dividend of $0.105 per share. This represents a $0.42 annualized dividend and a dividend yield of 0.39%. The ex-dividend date of this dividend was Friday, August 23rd. TransUnion's dividend payout ratio (DPR) is currently -33.07%.

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.