Allspring Global Investments Holdings LLC Has $43.53 Million Holdings in TransUnion (NYSE:TRU)

Allspring Global Investments Holdings LLC cut its stake in shares of TransUnion (NYSE:TRU - Free Report) by 23.7% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 415,801 shares of the business services provider's stock after selling 129,335 shares during the quarter. Allspring Global Investments Holdings LLC owned approximately 0.21% of TransUnion worth $43,534,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Elo Mutual Pension Insurance Co increased its holdings in shares of TransUnion by 0.7% during the second quarter. Elo Mutual Pension Insurance Co now owns 17,822 shares of the business services provider's stock worth $1,322,000 after buying an additional 123 shares in the last quarter. GAMMA Investing LLC grew its holdings in shares of TransUnion by 32.9% during 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 last quarter. V Square Quantitative Management LLC increased its stake in shares of TransUnion by 6.4% in the second quarter. V Square Quantitative Management LLC now owns 2,762 shares of the business services provider's stock valued at $205,000 after buying an additional 165 shares in the last quarter. National Bank of Canada FI lifted its position in TransUnion by 22.3% during the 2nd quarter. National Bank of Canada FI now owns 910 shares of the business services provider's stock worth $66,000 after buying an additional 166 shares in the last quarter. Finally, OLD National Bancorp IN increased its position in TransUnion by 5.8% in the 2nd quarter. OLD National Bancorp IN now owns 4,599 shares of the business services provider's stock valued at $341,000 after acquiring an additional 254 shares in the last quarter.

Insider Transactions at TransUnion

In other news, EVP Heather J. Russell sold 3,173 shares of TransUnion stock in a transaction on Thursday, August 29th. The stock was sold at an average price of $95.58, for a total value of $303,275.34. Following the transaction, the executive vice president now owns 19,926 shares in the company, valued at approximately $1,904,527.08. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In related news, insider Todd C. Skinner sold 2,900 shares of the firm's stock in a transaction that occurred 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 transaction, the insider now owns 27,729 shares in the company, valued at $2,373,047.82. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Heather J. Russell sold 3,173 shares of the company's stock in a transaction that occurred on 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 transaction, the executive vice president now owns 19,926 shares of the company's stock, valued at approximately $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 90 days, insiders sold 13,715 shares of company stock valued at $1,299,729. Company insiders own 0.22% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on TRU. The Goldman Sachs Group raised their price target on shares of TransUnion from $97.00 to $109.00 and gave the company a "neutral" rating in a report on Wednesday, October 2nd. Barclays raised their price target on TransUnion from $80.00 to $105.00 and gave the company an "equal weight" rating in a report on Friday, September 13th. Needham & Company LLC downgraded shares of TransUnion from a "buy" rating to a "hold" rating in a research report on Wednesday, August 28th. Morgan Stanley boosted their price target on shares of TransUnion from $96.00 to $103.00 and gave the stock an "overweight" rating in a research note on Thursday, September 12th. Finally, Wells Fargo & Company lifted their target price on shares of TransUnion from $100.00 to $125.00 and gave the stock an "overweight" rating in a report on Wednesday, October 2nd. Seven equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. According to data from MarketBeat.com, TransUnion has a consensus rating of "Moderate Buy" and a consensus price target of $98.71.

TransUnion Stock Performance

TRU opened at $105.78 on Wednesday. The stock has a market cap of $20.55 billion, a price-to-earnings ratio of -83.29, a PEG ratio of 1.40 and a beta of 1.62. 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 business has a 50 day moving average of $100.75 and a 200-day moving average of $85.20. TransUnion has a 12-month low of $42.09 and a 12-month high of $108.56.

TransUnion (NYSE:TRU - Get Free Report) last announced its 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. TransUnion had a negative net margin of 6.11% and a positive return on equity of 15.03%. The company had revenue of $1.04 billion during the quarter, compared to analysts' expectations of $1.02 billion. During the same quarter in the previous year, the business posted $0.76 earnings per share. TransUnion's quarterly revenue was up 7.5% on a year-over-year basis. On average, equities research analysts expect that TransUnion will post 3.46 earnings per share for the current year.

TransUnion Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 9th. Shareholders of record on Friday, August 23rd were paid a dividend of $0.105 per share. The ex-dividend date was Friday, August 23rd. This represents a $0.42 dividend on an annualized basis and a yield of 0.40%. TransUnion's payout ratio is -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.