Friedenthal Financial Takes $802,000 Position in TransUnion (NYSE:TRU)

Friedenthal Financial bought a new position in TransUnion (NYSE:TRU - Free Report) in the 3rd quarter, according to its most recent disclosure with the SEC. The firm bought 7,662 shares of the business services provider's stock, valued at approximately $802,000.

A number of other large investors have also recently modified their holdings of TRU. Larson Financial Group LLC boosted its position in TransUnion by 237.5% during the 1st quarter. Larson Financial Group LLC now owns 486 shares of the business services provider's stock valued at $39,000 after acquiring an additional 342 shares in the last quarter. Quarry LP boosted its position in shares of TransUnion by 963.0% during the second quarter. Quarry LP now owns 574 shares of the business services provider's stock valued at $43,000 after purchasing an additional 520 shares in the last quarter. GAMMA Investing LLC grew its stake in TransUnion by 32.9% in the first quarter. GAMMA Investing LLC now owns 573 shares of the business services provider's stock worth $46,000 after purchasing an additional 142 shares during the period. National Bank of Canada FI raised its holdings in TransUnion by 22.3% in the second quarter. National Bank of Canada FI now owns 910 shares of the business services provider's stock worth $66,000 after purchasing an additional 166 shares in the last quarter. Finally, Blue Trust Inc. lifted its position in TransUnion by 156.6% during the second quarter. Blue Trust Inc. now owns 857 shares of the business services provider's stock valued at $68,000 after buying an additional 523 shares during the period.

TransUnion Stock Performance

NYSE TRU traded up $0.86 during trading hours on Friday, hitting $107.86. 1,486,093 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 firm has a market capitalization 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. The company has a current ratio of 1.66, a quick ratio of 1.66 and a debt-to-equity ratio of 1.22. The business's fifty day moving average price is $99.96 and its two-hundred day moving average price is $84.74.

TransUnion (NYSE:TRU - Get Free Report) last announced its earnings results on Thursday, July 25th. The business services provider reported $0.99 EPS for the quarter, topping analysts' consensus estimates of $0.86 by $0.13. The company had revenue of $1.04 billion for the quarter, compared to analysts' expectations of $1.02 billion. TransUnion had a positive return on equity of 15.03% and a negative net margin of 6.11%. TransUnion's revenue for the quarter was up 7.5% compared to the same quarter last year. During the same period last year, the firm earned $0.76 EPS. Equities research analysts predict that TransUnion will post 3.45 EPS for the current year.

TransUnion Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 9th. Stockholders of record on Friday, August 23rd were paid a $0.105 dividend. The ex-dividend date was Friday, August 23rd. This represents a $0.42 dividend on an annualized basis and a dividend yield of 0.39%. TransUnion's dividend payout ratio (DPR) is presently -33.07%.

Insider Activity

In other TransUnion news, CAO Jennifer A. Williams sold 405 shares of the stock in a transaction on Thursday, August 29th. The stock was sold at an average price of $95.58, for a total value of $38,709.90. Following the completion of the sale, the chief accounting officer now owns 7,186 shares in the company, valued at approximately $686,837.88. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. In other news, CAO Jennifer A. Williams sold 405 shares of the firm's stock in a transaction dated Thursday, August 29th. The stock was sold at an average price of $95.58, for a total transaction of $38,709.90. Following the completion of the transaction, the chief accounting officer now owns 7,186 shares in the company, valued at $686,837.88. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Steven M. Chaouki sold 1,000 shares of the stock in a transaction that occurred on Thursday, August 1st. The shares were sold at an average price of $90.14, for a total value of $90,140.00. Following the transaction, the insider now directly owns 69,547 shares of the company's stock, valued at approximately $6,268,966.58. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 13,715 shares of company stock worth $1,299,729 in the last three months. Company insiders own 0.28% of the company's stock.

Wall Street Analyst Weigh In

TRU has been the subject of several research reports. Royal Bank of Canada increased 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. Morgan Stanley lifted their target price on shares of TransUnion from $96.00 to $103.00 and gave the company an "overweight" rating in a report on Thursday, September 12th. UBS Group started coverage on TransUnion in a research note on Tuesday, October 1st. They issued a "neutral" rating and a $110.00 price target on the stock. 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 research report on Thursday, October 10th. Finally, The Goldman Sachs Group boosted their target price on TransUnion from $97.00 to $109.00 and gave the stock a "neutral" rating in a report on Wednesday, October 2nd. Seven research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $98.71.

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.