PEAK6 Investments LLC Purchases 117,333 Shares of TransUnion (NYSE:TRU)

PEAK6 Investments LLC boosted its position in shares of TransUnion (NYSE:TRU - Free Report) by 469.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 142,317 shares of the business services provider's stock after acquiring an additional 117,333 shares during the period. PEAK6 Investments LLC owned approximately 0.07% of TransUnion worth $14,901,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Massachusetts Financial Services Co. MA grew its stake in shares of TransUnion by 32.2% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 16,339,762 shares of the business services provider's stock valued at $1,211,757,000 after purchasing an additional 3,977,595 shares during the period. FMR LLC grew its stake in shares of TransUnion by 307.7% in the 3rd quarter. FMR LLC now owns 4,540,896 shares of the business services provider's stock valued at $475,432,000 after purchasing an additional 3,427,199 shares during the period. XN LP grew its stake in shares of TransUnion by 194.7% in the 2nd quarter. XN LP now owns 1,973,684 shares of the business services provider's stock valued at $146,368,000 after purchasing an additional 1,303,996 shares during the period. Westfield Capital Management Co. LP bought a new stake in shares of TransUnion in the 3rd quarter valued at approximately $92,661,000. Finally, Ninety One UK Ltd grew its stake in shares of TransUnion by 37.4% in the 2nd quarter. Ninety One UK Ltd now owns 2,566,928 shares of the business services provider's stock valued at $190,363,000 after purchasing an additional 698,580 shares during the period.

TransUnion Trading Up 0.5 %

NYSE:TRU traded up $0.50 during trading hours on Friday, hitting $101.50. 652,470 shares of the stock were exchanged, compared to its average volume of 1,602,257. The company's 50 day moving average is $103.61 and its two-hundred day moving average is $90.25. TransUnion has a twelve month low of $57.80 and a twelve month high of $113.17. The company has a quick ratio of 1.68, a current ratio of 1.68 and a debt-to-equity ratio of 1.19. The company has a market capitalization of $19.78 billion, a P/E ratio of 87.83, a price-to-earnings-growth ratio of 1.40 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 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 the consensus estimate of $1.06 billion. During the same quarter in the prior year, the business earned $0.80 EPS. The business's revenue for the quarter was up 12.0% compared to the same quarter last year. On average, sell-side analysts anticipate that TransUnion will post 3.44 earnings per share for the current fiscal year.

TransUnion Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, December 9th. Stockholders of record on Friday, November 22nd will be paid a $0.105 dividend. This represents a $0.42 dividend on an annualized basis and a dividend yield of 0.41%. The ex-dividend date of this dividend is Friday, November 22nd. TransUnion's dividend payout ratio (DPR) is currently 36.52%.

Insider Activity

In other news, EVP Timothy J. Martin sold 2,500 shares of the stock in a transaction on Tuesday, September 3rd. The stock was sold at an average price of $95.65, for a total value of $239,125.00. Following the transaction, the executive vice president now owns 49,239 shares of the company's stock, valued at $4,709,710.35. This represents a 4.83 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available 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 shares were sold at an average price of $100.00, for a total transaction of $1,200,000.00. Following the completion of the sale, the director now owns 27,026 shares of the company's stock, valued at approximately $2,702,600. This represents a 30.75 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 19,500 shares of company stock valued at $1,954,740 in the last 90 days. 0.22% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

TRU has been the topic of several analyst reports. Wells Fargo & Company upped their price objective on TransUnion from $125.00 to $135.00 and gave the company an "overweight" rating in a research note on Thursday, October 24th. Oppenheimer lowered their price objective on TransUnion from $122.00 to $115.00 and set an "outperform" rating on the stock in a research note on Wednesday, November 20th. Barclays upped their price objective on TransUnion from $80.00 to $105.00 and gave the company an "equal weight" rating in a research note on Friday, September 13th. Robert W. Baird boosted their target price on TransUnion from $104.00 to $130.00 and gave the stock an "outperform" rating in a report on Thursday, October 24th. Finally, The Goldman Sachs Group boosted their target price on TransUnion from $97.00 to $109.00 and gave the stock a "neutral" rating in a report on Wednesday, October 2nd. Seven equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $106.38.

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.