Quantinno Capital Management LP Purchases 8,821 Shares of TransUnion (NYSE:TRU)

Quantinno Capital Management LP grew its holdings in TransUnion (NYSE:TRU - Free Report) by 77.2% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 20,254 shares of the business services provider's stock after acquiring an additional 8,821 shares during the quarter. Quantinno Capital Management LP's holdings in TransUnion were worth $2,121,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Huntington National Bank lifted its position in TransUnion by 84.5% in the third quarter. Huntington National Bank now owns 286 shares of the business services provider's stock worth $30,000 after purchasing an additional 131 shares during the period. Quarry LP raised its stake in TransUnion by 963.0% during the second quarter. Quarry LP now owns 574 shares of the business services provider's stock worth $43,000 after acquiring an additional 520 shares in the last quarter. True Wealth Design LLC raised its stake in TransUnion by 4,590.0% during the third quarter. True Wealth Design LLC now owns 469 shares of the business services provider's stock worth $49,000 after acquiring an additional 459 shares in the last quarter. National Bank of Canada FI raised its stake in TransUnion by 22.3% during the second quarter. National Bank of Canada FI now owns 910 shares of the business services provider's stock worth $66,000 after acquiring an additional 166 shares in the last quarter. Finally, Blue Trust Inc. raised its stake in TransUnion by 156.6% during the second quarter. Blue Trust Inc. now owns 857 shares of the business services provider's stock worth $68,000 after acquiring an additional 523 shares in the last quarter.

Insiders Place Their Bets

In other news, Director George M. Awad sold 12,000 shares of TransUnion stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $100.00, for a total transaction of $1,200,000.00. Following the transaction, the director now owns 27,026 shares in the company, valued at $2,702,600. The trade was a 30.75 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Steven M. Chaouki sold 1,500 shares of TransUnion stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $100.73, for a total value of $151,095.00. Following the transaction, the insider now owns 60,488 shares in the company, valued at $6,092,956.24. This trade represents a 2.42 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 20,590 shares of company stock worth $2,084,633. Insiders own 0.28% of the company's stock.

TransUnion Trading Up 2.8 %

TRU stock traded up $2.72 during midday trading on Wednesday, reaching $99.72. The stock had a trading volume of 428,673 shares, compared to its average volume of 1,585,909. The business has a fifty day simple moving average of $102.77 and a two-hundred day simple moving average of $91.65. 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 firm has a market cap of $19.44 billion, a price-to-earnings ratio of 84.35, a PEG ratio of 1.39 and a beta of 1.60. TransUnion has a twelve month low of $62.42 and a twelve month high of $113.17.

TransUnion (NYSE:TRU - Get Free Report) last issued its earnings results on Wednesday, October 23rd. The business services provider reported $1.04 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $1.09 billion for the quarter, compared to analysts' expectations of $1.06 billion. During the same quarter last year, the business earned $0.80 earnings per share. The company's revenue was up 12.0% compared to the same quarter last year. As a group, research analysts expect that TransUnion will post 3.44 EPS for the current fiscal year.

TransUnion Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, December 9th. Shareholders of record on Friday, November 22nd were issued a dividend of $0.105 per share. This represents a $0.42 dividend on an annualized basis and a yield of 0.42%. The ex-dividend date was Friday, November 22nd. TransUnion's dividend payout ratio (DPR) is currently 36.52%.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on TRU shares. Morgan Stanley increased their price objective on TransUnion from $103.00 to $119.00 and gave the stock an "overweight" rating in a research note on Thursday, October 24th. UBS Group started coverage on TransUnion in a research note on Tuesday, October 1st. They set a "neutral" rating and a $110.00 price objective for the company. Wolfe Research upgraded TransUnion from a "peer perform" rating to an "outperform" rating and set a $130.00 price objective for the company in a research note on Thursday, October 10th. Wells Fargo & Company raised their target price on TransUnion from $125.00 to $135.00 and gave the company an "overweight" rating in a research note on Thursday, October 24th. Finally, Stifel Nicolaus raised 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. Seven equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $106.38.

About TransUnion

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.