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

Sumitomo Mitsui Trust Group Inc. reduced its stake in shares of TransUnion (NYSE:TRU - Free Report) by 6.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,224,341 shares of the business services provider's stock after selling 83,687 shares during the period. Sumitomo Mitsui Trust Group Inc. owned 0.63% of TransUnion worth $113,509,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in TRU. Huntington National Bank boosted its holdings in shares of TransUnion by 84.5% during the 3rd quarter. Huntington National Bank now owns 286 shares of the business services provider's stock worth $30,000 after purchasing an additional 131 shares during the last quarter. Versant Capital Management Inc raised its position in shares of TransUnion by 82.1% during the 4th quarter. Versant Capital Management Inc now owns 428 shares of the business services provider's stock valued at $40,000 after buying an additional 193 shares during the period. Retirement Wealth Solutions LLC purchased a new stake in TransUnion in the fourth quarter valued at approximately $44,000. True Wealth Design LLC raised its position in TransUnion by 4,590.0% in the third quarter. True Wealth Design LLC now owns 469 shares of the business services provider's stock valued at $49,000 after purchasing an additional 459 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. purchased a new stake in TransUnion in the fourth quarter valued at approximately $82,000.

TransUnion Stock Performance

Shares of TRU stock traded down $0.51 during mid-day trading on Wednesday, hitting $93.46. 3,280,642 shares of the stock were exchanged, compared to its average volume of 1,485,087. The stock's fifty day simple moving average is $95.09 and its two-hundred day simple moving average is $97.75. The stock has a market capitalization of $18.22 billion, a price-to-earnings ratio of 81.27, a P/E/G ratio of 1.16 and a beta of 1.63. TransUnion has a 12-month low of $66.07 and a 12-month high of $113.17. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.68 and a current ratio of 1.68.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on TRU shares. Stifel Nicolaus boosted their target price on TransUnion from $103.00 to $120.00 and gave the company a "buy" rating in a research report on Thursday, October 24th. Oppenheimer cut their target price on TransUnion from $115.00 to $112.00 and set an "outperform" rating on the stock in a research report on Tuesday, January 7th. Jefferies Financial Group cut their target price on TransUnion from $125.00 to $115.00 and set a "buy" rating on the stock in a research report on Wednesday, January 15th. Needham & Company LLC reissued a "hold" rating on shares of TransUnion in a research report on Thursday, January 16th. Finally, Morgan Stanley reduced their price objective on TransUnion from $130.00 to $127.00 and set an "overweight" rating on the stock in a research note on Tuesday, January 28th. Six equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $107.63.

Insiders Place Their Bets

In related news, insider Steven M. Chaouki sold 1,500 shares of the firm's stock in a transaction dated 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 $6,092,956.24. This trade represents a 2.42 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director George M. Awad sold 12,000 shares of the firm's stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $100.00, for a total value of $1,200,000.00. Following the transaction, the director now directly owns 27,026 shares in the company, valued at approximately $2,702,600. This represents a 30.75 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 18,590 shares of company stock valued at $1,854,218. 0.22% of the stock is currently owned by insiders.

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.