TransUnion (NYSE:TRU) Shares Bought by Sumitomo Mitsui Trust Group Inc.

Sumitomo Mitsui Trust Group Inc. lifted its holdings in TransUnion (NYSE:TRU - Free Report) by 12.1% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,308,028 shares of the business services provider's stock after purchasing an additional 140,952 shares during the quarter. Sumitomo Mitsui Trust Group Inc. owned about 0.67% of TransUnion worth $136,951,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Los Angeles Capital Management LLC acquired a new stake in TransUnion in the third quarter worth about $269,000. Atria Investments Inc grew its position in TransUnion by 28.0% during the third quarter. Atria Investments Inc now owns 13,193 shares of the business services provider's stock valued at $1,381,000 after buying an additional 2,883 shares during the period. Lindbrook Capital LLC increased 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 purchasing an additional 163 shares in the last quarter. Assetmark Inc. raised its holdings in TransUnion by 6,720.7% in the 3rd quarter. Assetmark Inc. now owns 128,706 shares of the business services provider's stock worth $13,476,000 after purchasing an additional 126,819 shares during the period. Finally, Verdence Capital Advisors LLC increased its position in shares of TransUnion by 2.2% in the third quarter. Verdence Capital Advisors LLC now owns 44,370 shares of the business services provider's stock valued at $4,646,000 after buying an additional 961 shares in the last quarter.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the stock. Wolfe Research upgraded shares of TransUnion from a "peer perform" rating to an "outperform" rating and set a $130.00 price target for the company in a research report on Thursday, October 10th. Needham & Company LLC reissued a "hold" rating on shares of TransUnion in a research note on Thursday, October 24th. The Goldman Sachs Group increased their price objective on TransUnion from $97.00 to $109.00 and gave the stock a "neutral" rating in a research report on Wednesday, October 2nd. Oppenheimer lifted their target price on TransUnion from $118.00 to $122.00 and gave the company an "outperform" rating in a research report on Thursday, October 24th. Finally, Stifel Nicolaus upped their price target on TransUnion from $103.00 to $120.00 and gave the stock a "buy" rating in a report on Thursday, October 24th. Seven equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $104.53.

TransUnion Trading Up 0.1 %

TRU traded up $0.07 during trading on Wednesday, hitting $102.97. 1,225,753 shares of the company's stock were exchanged, compared to its average volume of 1,592,923. The stock has a 50 day moving average price of $103.39 and a 200 day moving average price of $88.54. The firm has a market cap of $20.07 billion, a P/E ratio of 90.61, a price-to-earnings-growth ratio of 1.40 and a beta of 1.62. TransUnion has a 1 year low of $54.13 and a 1 year high of $113.17. The company has a current ratio of 1.68, a quick ratio of 1.68 and a debt-to-equity ratio of 1.19.

TransUnion (NYSE:TRU - Get Free Report) last issued its quarterly earnings data on Wednesday, October 23rd. The business services provider reported $1.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.01 by $0.03. The company 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%. TransUnion's revenue for the quarter was up 12.0% on a year-over-year basis. During the same quarter last year, the company earned $0.80 earnings per share. As a group, analysts expect that TransUnion will post 3.46 EPS for the current fiscal year.

TransUnion Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 9th. Stockholders of record on Friday, November 22nd will be given a dividend of $0.105 per share. This represents a $0.42 dividend on an annualized basis and a dividend yield of 0.41%. The ex-dividend date of this dividend is Friday, November 22nd. TransUnion's payout ratio is 36.52%.

Insider Buying and Selling

In other TransUnion news, insider Steven M. Chaouki sold 1,500 shares of TransUnion stock in a transaction that occurred on Friday, November 8th. The stock was sold at an average price of $105.66, for a total transaction of $158,490.00. Following the sale, the insider now directly owns 62,988 shares in the company, valued at $6,655,312.08. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other TransUnion news, CAO Jennifer A. Williams sold 405 shares of the firm's stock in a transaction on Thursday, August 29th. The stock was sold at an average price of $95.58, for a total value of $38,709.90. Following the sale, the chief accounting officer now directly owns 7,186 shares in the company, valued at approximately $686,837.88. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Steven M. Chaouki sold 1,500 shares of the company's stock in a transaction dated Friday, November 8th. The stock was sold at an average price of $105.66, for a total transaction of $158,490.00. Following the completion of the transaction, the insider now owns 62,988 shares of the company's stock, valued at approximately $6,655,312.08. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 11,315 shares of company stock worth $1,119,897. 0.22% of the stock is currently owned by corporate insiders.

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.