Van ECK Associates Corp Sells 151,985 Shares of TransUnion (NYSE:TRU)

Van ECK Associates Corp cut its holdings in shares of TransUnion (NYSE:TRU - Free Report) by 3.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,783,301 shares of the business services provider's stock after selling 151,985 shares during the quarter. Van ECK Associates Corp owned about 2.46% of TransUnion worth $519,801,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Signaturefd LLC lifted its holdings in shares of TransUnion by 15.0% during the third quarter. Signaturefd LLC now owns 788 shares of the business services provider's stock worth $83,000 after buying an additional 103 shares during the last quarter. Elo Mutual Pension Insurance Co lifted 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 during the last quarter. V Square Quantitative Management LLC raised 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 purchasing an additional 165 shares in the last quarter. National Bank of Canada FI raised its stake in shares of TransUnion by 22.3% in the second quarter. National Bank of Canada FI now owns 910 shares of the business services provider's stock valued at $66,000 after purchasing an additional 166 shares in the last quarter. Finally, OLD National Bancorp IN raised its stake in shares of TransUnion by 5.8% in the second quarter. OLD National Bancorp IN now owns 4,599 shares of the business services provider's stock valued at $341,000 after purchasing an additional 254 shares in the last quarter.

TransUnion Price Performance

Shares of NYSE:TRU traded down $1.42 during midday trading on Friday, reaching $99.88. The company's stock had a trading volume of 1,524,354 shares, compared to its average volume of 1,490,558. TransUnion has a fifty-two week low of $44.72 and a fifty-two week high of $113.17. The company has a market capitalization of $19.47 billion, a P/E ratio of 86.85, a P/E/G ratio of 1.38 and a beta of 1.62. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.68 and a quick ratio of 1.68. The business's fifty day simple moving average is $102.30 and its 200-day simple moving average is $86.73.

TransUnion (NYSE:TRU - Get Free Report) last announced its earnings results on Wednesday, October 23rd. The business services provider reported $1.04 earnings per share for the quarter, beating analysts' consensus estimates of $1.01 by $0.03. TransUnion had a return on equity of 15.38% and a net margin of 5.47%. The company had revenue of $1.09 billion during the quarter, compared to analyst estimates of $1.06 billion. During the same period last year, the company posted $0.80 earnings per share. The firm's quarterly revenue was up 12.0% compared to the same quarter last year. As a group, equities research analysts expect that TransUnion will post 3.46 EPS for the current fiscal year.

TransUnion Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 9th. Investors of record on Friday, August 23rd were given a $0.105 dividend. The ex-dividend date of this dividend was Friday, August 23rd. This represents a $0.42 dividend on an annualized basis and a yield of 0.42%. TransUnion's payout ratio is 36.52%.

Insider Buying and Selling

In related news, CAO Jennifer A. Williams sold 405 shares of TransUnion stock in a transaction dated 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 directly 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 Securities & Exchange Commission, which can be accessed through the SEC website. In other TransUnion 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 transaction of $261,475.00. Following the transaction, the executive vice president now owns 46,739 shares in the company, valued at approximately $4,888,432.01. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, 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 value of $38,709.90. Following the transaction, the chief accounting officer now owns 7,186 shares in the company, valued at approximately $686,837.88. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 12,715 shares of company stock worth $1,209,589 over the last three months. 0.22% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

TRU has been the subject of a number of recent research reports. Oppenheimer upped their target price on TransUnion from $118.00 to $122.00 and gave the company an "outperform" rating in a research note on Thursday, October 24th. Stifel Nicolaus upped their target price on TransUnion from $103.00 to $120.00 and gave the company a "buy" rating in a research note on Thursday, October 24th. Royal Bank of Canada restated an "outperform" rating and issued a $121.00 target price on shares of TransUnion in a research note on Thursday, October 24th. UBS Group initiated coverage on TransUnion in a research note on Tuesday, October 1st. They issued a "neutral" rating and a $110.00 target price for the company. Finally, Wolfe Research upgraded TransUnion from a "peer perform" rating to an "outperform" rating and set a $130.00 target price for the company in a research note on Thursday, October 10th. Seven investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $104.53.

TransUnion Company Profile

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.