Public Employees Retirement System of Ohio raised its position in TransUnion (NYSE:TRU - Free Report) by 20.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 89,467 shares of the business services provider's stock after purchasing an additional 15,476 shares during the quarter. Public Employees Retirement System of Ohio's holdings in TransUnion were worth $9,367,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Huntington National Bank grew its holdings in shares of TransUnion by 84.5% in the third quarter. Huntington National Bank now owns 286 shares of the business services provider's stock valued at $30,000 after purchasing an additional 131 shares in the last quarter. Quarry LP boosted its holdings 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 purchasing an additional 520 shares during the period. True Wealth Design LLC grew its stake in TransUnion by 4,590.0% during the 3rd quarter. True Wealth Design LLC now owns 469 shares of the business services provider's stock worth $49,000 after purchasing an additional 459 shares in the last quarter. National Bank of Canada FI increased its holdings in TransUnion by 22.3% during the 2nd quarter. National Bank of Canada FI now owns 910 shares of the business services provider's stock worth $66,000 after purchasing an additional 166 shares during the period. Finally, Blue Trust Inc. raised its position in TransUnion by 156.6% in the 2nd quarter. Blue Trust Inc. now owns 857 shares of the business services provider's stock valued at $68,000 after purchasing an additional 523 shares in the last quarter.
Insider Activity
In related news, EVP Timothy J. Martin sold 2,500 shares of the business's stock in a transaction that occurred on Tuesday, October 1st. The stock was sold at an average price of $104.59, for a total transaction of $261,475.00. Following the completion of the transaction, the executive vice president now owns 46,739 shares in the company, valued at $4,888,432.01. The trade was a 5.08 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Steven M. Chaouki sold 1,500 shares of the business's stock in a transaction on Friday, November 8th. The shares were sold at an average price of $105.66, for a total transaction of $158,490.00. Following the transaction, the insider now directly owns 62,988 shares of the company's stock, valued at approximately $6,655,312.08. This trade represents a 2.33 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 20,590 shares of company stock worth $2,084,633 over the last ninety days. Corporate insiders own 0.22% of the company's stock.
Analyst Ratings Changes
Several research firms have commented on TRU. Barclays boosted their price target on shares of TransUnion from $80.00 to $105.00 and gave the stock an "equal weight" rating in a report on Friday, September 13th. Wolfe Research raised TransUnion from a "peer perform" rating to an "outperform" rating and set a $130.00 price objective for the company in a research report on Thursday, October 10th. Royal Bank of Canada restated an "outperform" rating and set a $121.00 target price on shares of TransUnion in a research note on Thursday, October 24th. Wells Fargo & Company raised their price objective on shares of TransUnion from $125.00 to $135.00 and gave the stock an "overweight" rating in a report on Thursday, October 24th. Finally, Robert W. Baird upped their price objective on shares of TransUnion from $104.00 to $130.00 and gave the company an "outperform" rating in a research note on Thursday, October 24th. Seven analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $107.06.
View Our Latest Analysis on TRU
TransUnion Trading Down 1.1 %
Shares of TransUnion stock traded down $1.08 during trading hours on Friday, hitting $98.43. The company's stock had a trading volume of 927,598 shares, compared to its average volume of 1,585,153. The business has a fifty day moving average of $102.52 and a 200 day moving average of $91.76. 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 1-year low of $63.03 and a 1-year high of $113.17. The company has a market capitalization of $19.18 billion, a PE ratio of 86.51, a P/E/G ratio of 1.40 and a beta of 1.60.
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 (EPS) for the quarter, beating analysts' consensus estimates of $1.01 by $0.03. The business had revenue of $1.09 billion during the quarter, compared to analyst estimates of $1.06 billion. TransUnion had a return on equity of 15.38% and a net margin of 5.47%. The company's revenue for the quarter was up 12.0% compared to the same quarter last year. During the same quarter last year, the firm earned $0.80 earnings per share. As a group, equities analysts forecast that TransUnion will post 3.44 EPS for the current year.
TransUnion Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Monday, December 9th. Shareholders of record on Friday, November 22nd were given a $0.105 dividend. The ex-dividend date was Friday, November 22nd. This represents a $0.42 dividend on an annualized basis and a yield of 0.43%. TransUnion's payout ratio is currently 36.52%.
TransUnion Company 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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