State Street Corp Decreases Holdings in TransUnion (NYSE:TRU)

State Street Corp lowered its position in TransUnion (NYSE:TRU - Free Report) by 4.2% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 4,216,603 shares of the business services provider's stock after selling 183,216 shares during the period. State Street Corp owned about 2.16% of TransUnion worth $441,478,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Victory Capital Management Inc. lifted its stake in shares of TransUnion by 24.1% in the 2nd quarter. Victory Capital Management Inc. now owns 3,468,854 shares of the business services provider's stock worth $257,250,000 after purchasing an additional 674,187 shares during the period. Sumitomo Mitsui Trust Group Inc. raised its position in TransUnion by 12.1% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,308,028 shares of the business services provider's stock worth $136,951,000 after acquiring an additional 140,952 shares during the period. Blue Trust Inc. boosted its stake in shares of TransUnion by 156.6% during the 2nd quarter. Blue Trust Inc. now owns 857 shares of the business services provider's stock worth $68,000 after acquiring an additional 523 shares during the last quarter. FMR LLC grew its position in shares of TransUnion by 307.7% during the 3rd quarter. FMR LLC now owns 4,540,896 shares of the business services provider's stock valued at $475,432,000 after acquiring an additional 3,427,199 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of TransUnion by 3.1% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 89,987 shares of the business services provider's stock worth $6,673,000 after purchasing an additional 2,713 shares in the last quarter.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on TRU. Wolfe Research upgraded TransUnion from a "peer perform" rating to an "outperform" rating and set a $130.00 target price on the stock in a research report on Thursday, October 10th. Royal Bank of Canada reissued an "outperform" rating and issued a $121.00 target price on shares of TransUnion in a report on Thursday, October 24th. Needham & Company LLC reaffirmed a "hold" rating on shares of TransUnion in a report on Thursday, October 24th. Oppenheimer reduced their price objective on shares of TransUnion from $122.00 to $115.00 and set an "outperform" rating for the company in a research note on Wednesday, November 20th. Finally, UBS Group assumed coverage on shares of TransUnion in a research note on Tuesday, October 1st. They set a "neutral" rating and a $110.00 target price on the stock. Seven analysts have rated the stock with a hold rating and ten have issued a buy rating to the company's stock. According to data from MarketBeat, TransUnion has a consensus rating of "Moderate Buy" and an average target price of $106.38.

TransUnion Trading Down 1.2 %

Shares of NYSE:TRU traded down $1.19 during trading on Tuesday, reaching $97.00. The company's stock had a trading volume of 1,126,636 shares, compared to its average volume of 1,590,873. TransUnion has a 12 month low of $62.42 and a 12 month high of $113.17. The stock has a market capitalization of $18.91 billion, a PE ratio of 85.37, a price-to-earnings-growth ratio of 1.39 and a beta of 1.60. The company has a current ratio of 1.68, a quick ratio of 1.68 and a debt-to-equity ratio of 1.19. The firm's 50 day simple moving average is $102.90 and its two-hundred day simple moving average is $91.50.

TransUnion (NYSE:TRU - Get Free Report) last announced its quarterly earnings data on Wednesday, October 23rd. The business services provider reported $1.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.01 by $0.03. The business had revenue of $1.09 billion during 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 firm's quarterly revenue was up 12.0% compared to the same quarter last year. During the same quarter last year, the firm earned $0.80 earnings per share. On average, research analysts predict that TransUnion will post 3.44 EPS for the current fiscal year.

TransUnion Announces Dividend

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. The ex-dividend date of this dividend was Friday, November 22nd. This represents a $0.42 annualized dividend and a dividend yield of 0.43%. TransUnion's dividend payout ratio (DPR) is 36.52%.

Insider Transactions at TransUnion

In other news, insider Steven M. Chaouki sold 1,500 shares of the stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $100.73, for a total transaction of $151,095.00. Following the transaction, the insider now owns 60,488 shares of the company's stock, valued at approximately $6,092,956.24. This represents a 2.42 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Todd C. Skinner sold 3,090 shares of TransUnion stock in a transaction dated Friday, November 29th. The shares were sold at an average price of $101.48, for a total value of $313,573.20. Following the completion of the sale, the insider now owns 24,333 shares of the company's stock, valued at $2,469,312.84. The trade was a 11.27 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 20,590 shares of company stock worth $2,084,633. Insiders own 0.28% of the company's stock.

TransUnion Company 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.