Oak Thistle LLC bought a new position in shares of TransUnion (NYSE:TRU - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 5,940 shares of the business services provider's stock, valued at approximately $551,000.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Huntington National Bank increased its position in TransUnion by 84.5% in the 3rd quarter. Huntington National Bank now owns 286 shares of the business services provider's stock valued at $30,000 after acquiring an additional 131 shares during the period. Versant Capital Management Inc increased its stake in TransUnion by 82.1% in the 4th quarter. Versant Capital Management Inc now owns 428 shares of the business services provider's stock valued at $40,000 after purchasing an additional 193 shares in the last quarter. Quarry LP raised its stake in shares of TransUnion by 963.0% during the 2nd quarter. Quarry LP now owns 574 shares of the business services provider's stock worth $43,000 after buying an additional 520 shares during the last quarter. True Wealth Design LLC lifted its holdings in shares of TransUnion by 4,590.0% in the third quarter. True Wealth Design LLC now owns 469 shares of the business services provider's stock valued at $49,000 after purchasing an additional 459 shares in the last quarter. Finally, Signaturefd LLC lifted its stake in TransUnion by 15.0% in the 3rd quarter. Signaturefd LLC now owns 788 shares of the business services provider's stock valued at $83,000 after buying an additional 103 shares in the last quarter.
Insider Buying and Selling
In related news, insider Todd C. Skinner sold 3,090 shares of the firm's stock in a transaction that occurred on Friday, November 29th. The stock was sold at an average price of $101.48, for a total value of $313,573.20. Following the sale, the insider now owns 24,333 shares of the company's stock, valued at approximately $2,469,312.84. This trade represents a 11.27 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director George M. Awad sold 12,000 shares of the company's stock in a transaction on Monday, November 25th. The stock was sold at an average price of $100.00, for a total value of $1,200,000.00. Following the transaction, the director now owns 27,026 shares of the company's stock, valued at approximately $2,702,600. The trade was a 30.75 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 19,090 shares of company stock worth $1,916,758 over the last quarter. 0.28% of the stock is owned by company insiders.
Wall Street Analyst Weigh In
A number of analysts recently commented on TRU shares. Stifel Nicolaus lifted their price objective on TransUnion from $103.00 to $120.00 and gave the stock a "buy" rating in a research report on Thursday, October 24th. Jefferies Financial Group dropped their price objective on TransUnion from $125.00 to $115.00 and set a "buy" rating for the company in a report on Wednesday. Wolfe Research upgraded shares of 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. Morgan Stanley lifted their price target on shares of TransUnion from $119.00 to $130.00 and gave the stock an "overweight" rating in a research note on Thursday, December 12th. Finally, Oppenheimer decreased their price objective on shares of TransUnion from $115.00 to $112.00 and set an "outperform" rating for the company in a research report on Tuesday, January 7th. Seven equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $108.19.
Get Our Latest Analysis on TransUnion
TransUnion Stock Performance
NYSE:TRU traded up $0.48 during trading hours on Friday, reaching $95.26. 1,239,242 shares of the stock were exchanged, compared to its average volume of 1,498,077. The stock has a market capitalization of $18.57 billion, a P/E ratio of 82.83, a P/E/G ratio of 1.02 and a beta of 1.62. The firm has a 50 day simple moving average of $96.68 and a 200-day simple moving average of $95.25. The company has a quick ratio of 1.68, a current ratio of 1.68 and a debt-to-equity ratio of 1.19. TransUnion has a 52 week low of $66.07 and a 52 week high of $113.17.
TransUnion (NYSE:TRU - Get Free Report) last announced its quarterly earnings data on Wednesday, October 23rd. The business services provider reported $1.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.01 by $0.03. TransUnion had a return on equity of 15.38% and a net margin of 5.47%. The firm had revenue of $1.09 billion for the quarter, compared to analysts' expectations of $1.06 billion. During the same period last year, the business posted $0.80 earnings per share. The firm's revenue for the quarter was up 12.0% on a year-over-year basis. As a group, sell-side analysts forecast that TransUnion will post 3.44 earnings per share for the current fiscal year.
TransUnion Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 9th. Investors of record on Friday, November 22nd were given a dividend of $0.105 per share. This represents a $0.42 dividend on an annualized basis and a dividend yield of 0.44%. The ex-dividend date was Friday, November 22nd. TransUnion's dividend payout ratio is presently 36.52%.
TransUnion Profile
(
Free Report)
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.
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