Reinhart Partners LLC. cut its position in TransUnion (NYSE:TRU - Free Report) by 16.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 146,512 shares of the business services provider's stock after selling 28,597 shares during the quarter. Reinhart Partners LLC. owned about 0.08% of TransUnion worth $13,583,000 at the end of the most recent reporting period.
Several other large investors have also recently added to or reduced their stakes in TRU. Huntington National Bank increased its stake in TransUnion by 84.5% during the 3rd quarter. Huntington National Bank now owns 286 shares of the business services provider's stock worth $30,000 after acquiring an additional 131 shares during the period. Versant Capital Management Inc raised its stake in TransUnion by 82.1% in the fourth 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 grew 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 buying an additional 520 shares in the last quarter. True Wealth Design LLC increased its holdings in TransUnion by 4,590.0% in the 3rd quarter. True Wealth Design LLC now owns 469 shares of the business services provider's stock valued at $49,000 after buying an additional 459 shares during the period. Finally, National Bank of Canada FI raised its position in shares of TransUnion by 22.3% in the 2nd quarter. National Bank of Canada FI now owns 910 shares of the business services provider's stock valued at $66,000 after buying an additional 166 shares in the last quarter.
TransUnion Trading Up 1.6 %
Shares of TransUnion stock traded up $1.38 on Monday, reaching $88.12. 1,384,053 shares of the company's stock were exchanged, compared to its average volume of 1,417,193. The firm's 50-day moving average is $97.55 and its two-hundred day moving average is $95.04. The company has a market capitalization of $17.17 billion, a P/E ratio of 76.63, a price-to-earnings-growth ratio of 1.37 and a beta of 1.62. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.68 and a current ratio of 1.68. TransUnion has a 52 week low of $66.07 and a 52 week high of $113.17.
TransUnion (NYSE:TRU - Get Free Report) last released its quarterly earnings data on Wednesday, October 23rd. The business services provider reported $1.04 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.03. The firm had revenue of $1.09 billion for the quarter, compared to the consensus estimate of $1.06 billion. TransUnion had a net margin of 5.47% and a return on equity of 15.38%. The business's revenue was up 12.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.80 earnings per share. Sell-side analysts predict that TransUnion will post 3.44 EPS for the current fiscal year.
TransUnion Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Monday, December 9th. Investors of record on Friday, November 22nd were issued a dividend of $0.105 per share. The ex-dividend date of this dividend was Friday, November 22nd. This represents a $0.42 annualized dividend and a yield of 0.48%. TransUnion's dividend payout ratio (DPR) is currently 36.52%.
Insider Activity at TransUnion
In related news, insider Steven M. Chaouki sold 1,500 shares of the firm's stock in a transaction dated Friday, November 8th. The shares were sold at an average price of $105.66, for a total transaction of $158,490.00. Following the completion of the sale, the insider now owns 62,988 shares in the company, valued at approximately $6,655,312.08. This trade represents a 2.33 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Todd C. Skinner sold 3,090 shares of TransUnion stock in a transaction dated Friday, November 29th. The stock was sold at an average price of $101.48, for a total transaction of $313,573.20. Following the completion of the sale, the insider now directly owns 24,333 shares in the company, valued at approximately $2,469,312.84. This represents a 11.27 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 19,090 shares of company stock valued at $1,916,758. 0.22% of the stock is owned by insiders.
Wall Street Analyst Weigh In
A number of brokerages have weighed in on TRU. Stifel Nicolaus raised their target price on TransUnion from $103.00 to $120.00 and gave the company a "buy" rating in a report on Thursday, October 24th. Wolfe Research raised shares of TransUnion from a "peer perform" rating to an "outperform" rating and set a $130.00 target price on the stock in a research note on Thursday, October 10th. Oppenheimer cut their price objective on TransUnion from $115.00 to $112.00 and set an "outperform" rating on the stock in a report on Tuesday, January 7th. Royal Bank of Canada reissued an "outperform" rating and set a $121.00 price target on shares of TransUnion in a research note on Thursday, October 24th. Finally, Needham & Company LLC reaffirmed a "hold" rating on shares of TransUnion in a research note on Thursday, October 24th. Seven equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $106.31.
Check Out Our Latest Report on TRU
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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