Greenleaf Trust Makes New Investment in TransUnion (NYSE:TRU)

Greenleaf Trust acquired a new stake in shares of TransUnion (NYSE:TRU - Free Report) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 13,103 shares of the business services provider's stock, valued at approximately $1,372,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of TRU. Hengehold Capital Management LLC purchased a new position in shares of TransUnion during the first quarter valued at approximately $216,000. Toth Financial Advisory Corp boosted its position in TransUnion by 23.5% in the first quarter. Toth Financial Advisory Corp now owns 60,167 shares of the business services provider's stock worth $4,801,000 after purchasing an additional 11,467 shares during the last quarter. Principal Financial Group Inc. boosted its position in TransUnion by 31.9% in the first quarter. Principal Financial Group Inc. now owns 16,609 shares of the business services provider's stock worth $1,325,000 after purchasing an additional 4,021 shares during the last quarter. HB Wealth Management LLC boosted its position in TransUnion by 7.0% in the first quarter. HB Wealth Management LLC now owns 5,396 shares of the business services provider's stock worth $431,000 after purchasing an additional 352 shares during the last quarter. Finally, LifePlan Financial LLC purchased a new position in TransUnion in the first quarter worth $294,000.

Insiders Place Their Bets

In other TransUnion news, insider Steven M. Chaouki sold 1,000 shares of TransUnion stock in a transaction that occurred on Thursday, August 1st. The stock was 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 $6,268,966.58. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In related news, insider Steven M. Chaouki sold 1,000 shares of the company's stock in a transaction on Thursday, August 1st. The shares were sold at an average price of $90.14, for a total transaction of $90,140.00. Following the completion of the sale, the insider now directly owns 69,547 shares in the company, valued at $6,268,966.58. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Timothy J. Martin sold 2,500 shares of the company's stock in a transaction 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 sale, the executive vice president now owns 46,739 shares of the company's stock, valued at $4,888,432.01. This represents 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 valued at $1,299,729 in the last ninety days. Company insiders own 0.22% of the company's stock.

TransUnion Price Performance

Shares of TRU traded down $3.01 during midday trading on Friday, reaching $103.63. The stock had a trading volume of 2,337,637 shares, compared to its average volume of 1,592,236. The company's 50-day moving average is $101.36 and its 200 day moving average is $85.52. TransUnion has a 12-month low of $42.09 and a 12-month high of $113.17. 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 company has a market capitalization of $20.12 billion, a price-to-earnings ratio of -74.57, a price-to-earnings-growth ratio of 1.38 and a beta of 1.62.

TransUnion (NYSE:TRU - Get Free Report) last posted its quarterly earnings data 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 positive return on equity of 15.03% and a negative net margin of 6.11%. The firm had revenue of $1.09 billion during the quarter, compared to analysts' expectations of $1.06 billion. During the same period in the prior year, the business earned $0.80 EPS. The company's revenue for the quarter was up 12.0% compared to the same quarter last year. On average, equities analysts predict that TransUnion will post 3.46 EPS for the current fiscal year.

TransUnion Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, September 9th. Shareholders 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 yield of 0.41%. TransUnion's dividend payout ratio (DPR) is currently -29.37%.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the company. UBS Group assumed coverage on TransUnion in a research report on Tuesday, October 1st. They issued a "neutral" rating and a $110.00 price objective on the stock. The Goldman Sachs Group upped their price target on TransUnion from $97.00 to $109.00 and gave the company a "neutral" rating in a research report on Wednesday, October 2nd. Oppenheimer upped their price target on TransUnion from $118.00 to $122.00 and gave the company an "outperform" rating in a research report on Thursday. Stifel Nicolaus boosted their price objective on TransUnion from $103.00 to $120.00 and gave the company a "buy" rating in a research note on Thursday. Finally, Royal Bank of Canada reiterated an "outperform" rating and set a $121.00 price objective on shares of TransUnion in a research note on Thursday. Seven investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $104.53.

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.