Sora Investors LLC Trims Stock Position in TransUnion (NYSE:TRU)

Sora Investors LLC decreased its position in shares of TransUnion (NYSE:TRU - Free Report) by 32.1% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 135,801 shares of the business services provider's stock after selling 64,199 shares during the period. TransUnion makes up approximately 2.5% of Sora Investors LLC's holdings, making the stock its 14th largest holding. Sora Investors LLC owned approximately 0.07% of TransUnion worth $14,218,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Townsquare Capital LLC boosted its stake in shares of TransUnion by 1.0% in the 3rd quarter. Townsquare Capital LLC now owns 10,211 shares of the business services provider's stock valued at $1,069,000 after purchasing an additional 100 shares in the last quarter. Signaturefd LLC boosted 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 buying an additional 103 shares during the period. Elo Mutual Pension Insurance Co grew its stake in shares of TransUnion by 0.7% during the second quarter. Elo Mutual Pension Insurance Co now owns 17,822 shares of the business services provider's stock valued at $1,322,000 after buying an additional 123 shares during the last quarter. Huntington National Bank increased 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 worth $30,000 after buying an additional 131 shares during the period. Finally, Lindbrook Capital LLC lifted its stake in shares of TransUnion by 4.0% in the 3rd quarter. Lindbrook Capital LLC now owns 4,260 shares of the business services provider's stock valued at $446,000 after acquiring an additional 163 shares during the last quarter.

TransUnion Stock Up 0.8 %

Shares of TRU traded up $0.82 during mid-day trading on Friday, reaching $99.24. The company had a trading volume of 744,851 shares, compared to its average volume of 1,591,237. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.68 and a current ratio of 1.68. The company has a market capitalization of $19.34 billion, a price-to-earnings ratio of 86.43, a price-to-earnings-growth ratio of 1.39 and a beta of 1.60. The firm has a 50-day moving average price of $103.11 and a 200 day moving average price of $90.99. TransUnion has a 52 week low of $61.46 and a 52 week high of $113.17.

TransUnion (NYSE:TRU - Get Free Report) last released its earnings results on Wednesday, October 23rd. The business services provider reported $1.04 EPS for the quarter, topping the consensus estimate of $1.01 by $0.03. The business had revenue of $1.09 billion for the quarter, compared to the consensus estimate 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 period in the previous year, the company posted $0.80 earnings per share. On average, sell-side analysts forecast that TransUnion will post 3.44 EPS for the current year.

TransUnion Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, December 9th. Stockholders of record on Friday, November 22nd will be issued a dividend of $0.105 per share. This represents a $0.42 dividend on an annualized basis and a dividend yield of 0.42%. The ex-dividend date is Friday, November 22nd. TransUnion's payout ratio is 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 that occurred on Friday, November 8th. The shares were sold at an average price of $105.66, for a total value of $158,490.00. Following 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 sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director George M. Awad sold 12,000 shares of the business's stock in a transaction on Monday, November 25th. The shares were sold at an average price of $100.00, for a total transaction of $1,200,000.00. Following the sale, the director now owns 27,026 shares of the company's stock, valued at approximately $2,702,600. This represents a 30.75 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 20,590 shares of company stock valued at $2,084,633 over the last 90 days. Corporate insiders own 0.22% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the company. Wells Fargo & Company lifted their price target on TransUnion from $125.00 to $135.00 and gave the stock an "overweight" rating in a research note on Thursday, October 24th. The Goldman Sachs Group upped their price target on shares of TransUnion from $97.00 to $109.00 and gave the company a "neutral" rating in a report on Wednesday, October 2nd. Stifel Nicolaus raised their price target on shares of TransUnion from $103.00 to $120.00 and gave the stock a "buy" rating in a report on Thursday, October 24th. Barclays increased their target price 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. Finally, Oppenheimer cut their price target on shares of TransUnion from $122.00 to $115.00 and set an "outperform" rating on the stock in a report on Wednesday, November 20th. Seven investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price 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.