Wealth Enhancement Advisory Services LLC Grows Position in TransUnion (NYSE:TRU)

Wealth Enhancement Advisory Services LLC lifted its holdings in shares of TransUnion (NYSE:TRU - Free Report) by 146.1% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 13,466 shares of the business services provider's stock after acquiring an additional 7,995 shares during the quarter. Wealth Enhancement Advisory Services LLC's holdings in TransUnion were worth $1,410,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Forsta AP Fonden grew its stake in TransUnion by 8.6% in the third quarter. Forsta AP Fonden now owns 44,000 shares of the business services provider's stock worth $4,607,000 after purchasing an additional 3,500 shares during the period. Moody Lynn & Lieberson LLC purchased a new stake in TransUnion in the third quarter worth $217,000. Schmidt P J Investment Management Inc. purchased a new stake in TransUnion in the third quarter worth $215,000. International Assets Investment Management LLC grew its stake in TransUnion by 10,369.6% in the third quarter. International Assets Investment Management LLC now owns 5,863 shares of the business services provider's stock worth $614,000 after purchasing an additional 5,807 shares during the period. Finally, Greenleaf Trust purchased a new stake in TransUnion in the third quarter worth $1,372,000.

Wall Street Analyst Weigh In

TRU has been the topic of several recent research reports. Needham & Company LLC reaffirmed a "hold" rating on shares of TransUnion in a research note on Thursday, October 24th. Royal Bank of Canada reissued an "outperform" rating and issued a $121.00 target price on shares of TransUnion in a research note on Thursday, October 24th. Oppenheimer increased their target price on TransUnion from $118.00 to $122.00 and gave the stock an "outperform" rating in a research note on Thursday, October 24th. Stifel Nicolaus increased their target price on TransUnion from $103.00 to $120.00 and gave the stock a "buy" rating in a research note on Thursday, October 24th. Finally, Barclays increased their target price 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 equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $104.53.

TransUnion Stock Performance

TRU stock traded up $1.40 during trading on Tuesday, reaching $100.97. The stock had a trading volume of 1,484,322 shares, compared to its average volume of 1,588,769. TransUnion has a 52 week low of $49.36 and a 52 week high of $113.17. The stock's 50 day moving average is $102.43 and its two-hundred day moving average is $87.32. The company has a current ratio of 1.68, a quick ratio of 1.68 and a debt-to-equity ratio of 1.19. The firm has a market cap of $19.68 billion, a PE ratio of 87.80, a PEG ratio of 1.36 and a beta of 1.62.

TransUnion (NYSE:TRU - Get Free Report) last posted 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 for the quarter, compared to the consensus estimate of $1.06 billion. During the same quarter in the prior year, the company earned $0.80 earnings per share. TransUnion's revenue was up 12.0% on a year-over-year basis. As a group, equities analysts anticipate that TransUnion will post 3.46 earnings per share for the current year.

TransUnion Dividend Announcement

The business 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. This represents a $0.42 annualized dividend and a dividend yield of 0.42%. The ex-dividend date was Friday, August 23rd. TransUnion's dividend payout ratio (DPR) is currently 36.52%.

Insider Transactions at TransUnion

In other news, insider Todd C. Skinner sold 2,900 shares of the firm's stock in a transaction dated Thursday, August 8th. The stock was sold at an average price of $85.58, for a total value of $248,182.00. Following the transaction, the insider now owns 27,729 shares of the company's stock, valued at $2,373,047.82. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In other TransUnion news, CAO Jennifer A. Williams sold 405 shares of the firm's stock in a transaction that occurred on 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 position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, 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 transaction, the insider now owns 27,729 shares of the company's stock, valued at $2,373,047.82. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 12,715 shares of company stock valued at $1,209,589 over the last quarter. 0.22% of the stock is currently owned by company insiders.

TransUnion 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.