Robeco Institutional Asset Management B.V. lowered its stake in shares of TransUnion (NYSE:TRU - Free Report) by 31.6% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 163,481 shares of the business services provider's stock after selling 75,698 shares during the period. Robeco Institutional Asset Management B.V. owned approximately 0.08% of TransUnion worth $17,116,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Larson Financial Group LLC lifted its position in shares of TransUnion by 237.5% in the first quarter. Larson Financial Group LLC now owns 486 shares of the business services provider's stock valued at $39,000 after buying an additional 342 shares during the last quarter. Quarry LP boosted its position 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 acquiring an additional 520 shares in the last quarter. Signaturefd LLC raised its position in TransUnion by 15.0% during the third quarter. Signaturefd LLC now owns 788 shares of the business services provider's stock valued at $83,000 after purchasing an additional 103 shares in the last quarter. 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. Finally, National Bank of Canada FI boosted its holdings in shares of 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 buying an additional 166 shares in the last quarter.
Analyst Upgrades and Downgrades
A number of research firms have recently weighed in on TRU. Needham & Company LLC restated a "hold" rating on shares of TransUnion in a report on Thursday, October 24th. 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 report on Thursday, October 10th. Oppenheimer boosted their price target on shares of TransUnion from $118.00 to $122.00 and gave the company an "outperform" rating in a research report on Thursday, October 24th. UBS Group initiated coverage on shares of TransUnion in a research note on Tuesday, October 1st. They set a "neutral" rating and a $110.00 price target on the stock. Finally, Robert W. Baird increased their target price on TransUnion from $104.00 to $130.00 and gave the stock an "outperform" rating in a research report on Thursday, October 24th. Seven analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $104.53.
View Our Latest Stock Report on TRU
TransUnion Stock Performance
Shares of NYSE:TRU traded up $1.31 during trading on Thursday, reaching $106.04. 941,468 shares of the company's stock traded hands, compared to its average volume of 1,590,871. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.68 and a quick ratio of 1.68. TransUnion has a 12 month low of $50.88 and a 12 month high of $113.17. The company has a 50 day moving average of $102.62 and a 200-day moving average of $87.44. The stock has a market capitalization of $20.67 billion, a P/E ratio of 91.10, a price-to-earnings-growth ratio of 1.35 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 for the quarter, topping the consensus estimate of $1.01 by $0.03. TransUnion had a net margin of 5.47% and a return on equity of 15.38%. The business had revenue of $1.09 billion during the quarter, compared to the consensus estimate of $1.06 billion. During the same quarter in the prior year, the company posted $0.80 earnings per share. The company's quarterly revenue was up 12.0% compared to the same quarter last year. On average, equities analysts expect that TransUnion will post 3.46 EPS for the current year.
TransUnion Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Monday, September 9th. Investors of record on Friday, August 23rd were paid a $0.105 dividend. This represents a $0.42 dividend on an annualized basis and a yield of 0.40%. The ex-dividend date was Friday, August 23rd. TransUnion's dividend payout ratio is 36.52%.
Insider Activity
In related news, EVP Timothy J. Martin sold 2,500 shares of the company's stock in a transaction 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 transaction, the executive vice president now directly owns 46,739 shares of the company's stock, valued at approximately $4,888,432.01. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, EVP Timothy J. Martin sold 2,500 shares of the firm's stock in a transaction on Tuesday, October 1st. The shares were sold at an average price of $104.59, for a total value of $261,475.00. Following the sale, the executive vice president now owns 46,739 shares in the company, valued at approximately $4,888,432.01. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Steven M. Chaouki sold 1,000 shares of the company's stock in a transaction on Tuesday, September 3rd. The shares were sold at an average price of $95.65, for a total value of $95,650.00. Following the completion of the sale, the insider now owns 64,488 shares in the company, valued at $6,168,277.20. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 9,815 shares of company stock worth $961,407 over the last quarter. Corporate insiders own 0.28% of the company's stock.
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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