SG Americas Securities LLC Acquires 13,123 Shares of TransUnion (NYSE:TRU)

SG Americas Securities LLC lifted its holdings in TransUnion (NYSE:TRU - Free Report) by 293.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 17,602 shares of the business services provider's stock after acquiring an additional 13,123 shares during the period. SG Americas Securities LLC's holdings in TransUnion were worth $1,632,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Genesis Private Wealth LLC bought a new stake in TransUnion in the fourth quarter worth approximately $234,000. Artemis Investment Management LLP grew its position in shares of TransUnion by 18.5% during the 4th quarter. Artemis Investment Management LLP now owns 362,177 shares of the business services provider's stock worth $33,577,000 after buying an additional 56,466 shares during the period. Ameritas Advisory Services LLC increased its stake in shares of TransUnion by 2.3% in the 4th quarter. Ameritas Advisory Services LLC now owns 14,274 shares of the business services provider's stock valued at $1,323,000 after acquiring an additional 324 shares in the last quarter. Integrated Investment Consultants LLC lifted its position in shares of TransUnion by 15.0% during the 4th quarter. Integrated Investment Consultants LLC now owns 11,218 shares of the business services provider's stock valued at $1,040,000 after acquiring an additional 1,459 shares during the period. Finally, Retirement Wealth Solutions LLC acquired a new position in shares of TransUnion during the 4th quarter valued at $44,000.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on TRU. Stifel Nicolaus lifted their price target on shares of TransUnion from $103.00 to $120.00 and gave the company a "buy" rating in a research note on Thursday, October 24th. UBS Group initiated coverage on TransUnion in a research note on Tuesday, October 1st. They set a "neutral" rating and a $110.00 price target on the stock. Wells Fargo & Company cut their price target on TransUnion from $135.00 to $126.00 and set an "overweight" rating on the stock in a report on Friday, January 10th. Oppenheimer decreased their price objective on TransUnion from $115.00 to $112.00 and set an "outperform" rating for the company in a report on Tuesday, January 7th. Finally, Morgan Stanley reduced their price target on shares of TransUnion from $130.00 to $127.00 and set an "overweight" rating for the company in a research report on Tuesday. Six research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $108.00.

TransUnion Stock Performance

Shares of TransUnion stock traded up $0.45 during mid-day trading on Tuesday, hitting $98.34. 1,352,580 shares of the stock were exchanged, compared to its average volume of 1,412,404. TransUnion has a 12 month low of $66.07 and a 12 month high of $113.17. The company has a 50-day simple moving average of $95.90 and a 200 day simple moving average of $96.52. The company has a market capitalization of $19.17 billion, a P/E ratio of 85.51, a P/E/G ratio of 1.16 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 Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, December 9th. Stockholders of record on Friday, November 22nd were given a dividend of $0.105 per share. This represents a $0.42 annualized dividend and a dividend yield of 0.43%. The ex-dividend date was Friday, November 22nd. TransUnion's dividend payout ratio is presently 36.52%.

Insider Transactions at TransUnion

In other news, insider Steven M. Chaouki sold 1,000 shares of the firm's stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of $93.60, for a total transaction of $93,600.00. Following the completion of the sale, the insider now owns 59,488 shares in the company, valued at $5,568,076.80. This trade represents a 1.65 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Todd C. Skinner sold 3,090 shares of TransUnion stock in a transaction that occurred on 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 $2,469,312.84. This trade represents a 11.27 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 19,090 shares of company stock worth $1,916,758 in the last ninety days. Company insiders own 0.22% of the company's stock.

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.