Raymond James & Associates Boosts Stock Holdings in TransUnion (NYSE:TRU)

Raymond James & Associates boosted its stake in shares of TransUnion (NYSE:TRU - Free Report) by 19.6% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 168,167 shares of the business services provider's stock after purchasing an additional 27,534 shares during the quarter. Raymond James & Associates owned about 0.09% of TransUnion worth $17,607,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of TRU. Larson Financial Group LLC grew its stake in shares of TransUnion by 237.5% in the 1st quarter. Larson Financial Group LLC now owns 486 shares of the business services provider's stock valued at $39,000 after purchasing an additional 342 shares during the period. Quarry LP grew its position in TransUnion by 963.0% in the second quarter. Quarry LP now owns 574 shares of the business services provider's stock valued at $43,000 after acquiring an additional 520 shares during the period. Blue Trust Inc. raised its stake in TransUnion by 156.6% during the second quarter. Blue Trust Inc. now owns 857 shares of the business services provider's stock worth $68,000 after acquiring an additional 523 shares in the last quarter. National Bank of Canada FI lifted its holdings in shares of TransUnion by 22.3% during the second quarter. National Bank of Canada FI now owns 910 shares of the business services provider's stock valued at $66,000 after acquiring an additional 166 shares during the period. Finally, GAMMA Investing LLC lifted its holdings in shares of TransUnion by 84.9% during the third quarter. GAMMA Investing LLC now owns 956 shares of the business services provider's stock valued at $100,000 after acquiring an additional 439 shares during the period.

TransUnion Stock Down 2.9 %

TRU stock traded down $3.05 during trading on Friday, reaching $103.59. 2,337,639 shares of the stock were exchanged, compared to its average volume of 1,592,236. The company has a current ratio of 1.66, a quick ratio of 1.66 and a debt-to-equity ratio of 1.22. TransUnion has a twelve month low of $42.09 and a twelve month high of $113.17. The firm's 50 day moving average is $101.57 and its 200 day moving average is $85.80. The firm has a market cap of $20.12 billion, a P/E ratio of -72.44, a price-to-earnings-growth ratio of 1.38 and a beta of 1.62.

TransUnion (NYSE:TRU - Get Free Report) last issued 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 negative net margin of 6.11% and a positive return on equity of 15.03%. The business had revenue of $1.09 billion during the quarter, compared to the consensus estimate of $1.06 billion. During the same period in the prior year, the firm posted $0.80 EPS. The firm's quarterly revenue was up 12.0% compared to the same quarter last year. As a group, research analysts forecast that TransUnion will post 3.46 EPS for the current year.

TransUnion Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, September 9th. Shareholders of record on Friday, August 23rd were issued 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 0.41%. TransUnion's payout ratio is -29.37%.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the stock. Robert W. Baird upped their target price on shares of TransUnion from $104.00 to $130.00 and gave the company an "outperform" rating in a research report on Thursday. Wolfe Research raised shares of TransUnion from a "peer perform" rating to an "outperform" rating and set a $130.00 price objective on the stock in a research note on Thursday, October 10th. UBS Group initiated coverage on shares of TransUnion in a research report on Tuesday, October 1st. They set a "neutral" rating and a $110.00 target price for the company. Stifel Nicolaus increased their price target on TransUnion from $103.00 to $120.00 and gave the company a "buy" rating in a research note on Thursday. Finally, Barclays lifted their price objective on TransUnion from $80.00 to $105.00 and gave the stock an "equal weight" rating in a research note on Friday, September 13th. Seven analysts have rated the stock with a hold rating and eleven have given a buy rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $104.53.

Insider Activity

In other TransUnion news, insider Todd C. Skinner sold 2,900 shares of TransUnion stock in a transaction dated Thursday, August 8th. The stock was sold at an average price of $85.58, for a total transaction of $248,182.00. Following the completion of the sale, the insider now 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 sale was disclosed in a document filed with the SEC, which is available at this hyperlink. In related news, EVP Timothy J. Martin sold 2,500 shares of the firm's stock in a transaction dated Tuesday, October 1st. The stock was sold at an average price of $104.59, for a total value of $261,475.00. Following the sale, the executive vice president now directly owns 46,739 shares of the company's stock, valued at $4,888,432.01. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Todd C. Skinner sold 2,900 shares of the business'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 transaction, the insider now directly owns 27,729 shares in the company, valued at $2,373,047.82. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 13,715 shares of company stock worth $1,299,729. 0.22% of the stock is owned by company insiders.

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.