Cerity Partners LLC Buys 35,178 Shares of TransUnion (NYSE:TRU)

Cerity Partners LLC increased its stake in TransUnion (NYSE:TRU - Free Report) by 547.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 41,608 shares of the business services provider's stock after purchasing an additional 35,178 shares during the quarter. Cerity Partners LLC's holdings in TransUnion were worth $4,356,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in TRU. Massachusetts Financial Services Co. MA raised its holdings in TransUnion by 17.4% during the third quarter. Massachusetts Financial Services Co. MA now owns 19,180,562 shares of the business services provider's stock worth $2,008,205,000 after purchasing an additional 2,840,800 shares in the last quarter. Victory Capital Management Inc. raised its position in TransUnion by 24.1% in the second quarter. Victory Capital Management Inc. now owns 3,468,854 shares of the business services provider's stock worth $257,250,000 after acquiring an additional 674,187 shares in the last quarter. Ninety One UK Ltd lifted its holdings in TransUnion by 37.4% in the 2nd quarter. Ninety One UK Ltd now owns 2,566,928 shares of the business services provider's stock valued at $190,363,000 after acquiring an additional 698,580 shares during the last quarter. XN LP boosted its position in shares of TransUnion by 194.7% during the 2nd quarter. XN LP now owns 1,973,684 shares of the business services provider's stock valued at $146,368,000 after purchasing an additional 1,303,996 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its stake in shares of TransUnion by 11.9% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,521,270 shares of the business services provider's stock worth $112,824,000 after purchasing an additional 161,791 shares during the last quarter.

Analyst Ratings Changes

Several research analysts have issued reports on the stock. Royal Bank of Canada restated an "outperform" rating and issued a $121.00 price target on shares of TransUnion in a research report on Thursday, October 24th. Wells Fargo & Company lifted their target price on shares of TransUnion from $125.00 to $135.00 and gave the stock an "overweight" rating in a research report on Thursday, October 24th. Oppenheimer decreased 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. Barclays raised their target price on TransUnion from $80.00 to $105.00 and gave the stock an "equal weight" rating in a research report on Friday, September 13th. Finally, Needham & Company LLC reissued a "hold" rating on shares of TransUnion in a research report on Thursday, October 24th. Seven investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $106.38.

Insider Buying and Selling

In other TransUnion news, EVP Timothy J. Martin sold 2,500 shares of the firm's stock in a transaction dated Tuesday, September 3rd. The shares were sold at an average price of $95.65, for a total value of $239,125.00. Following the completion of the sale, the executive vice president now owns 49,239 shares in the company, valued at approximately $4,709,710.35. This trade represents a 4.83 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Steven M. Chaouki sold 1,500 shares of the firm's stock in a transaction dated Friday, November 8th. The shares were 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 directly owns 62,988 shares in the company, valued at $6,655,312.08. This trade represents a 2.33 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 19,500 shares of company stock worth $1,954,740 in the last quarter. 0.22% of the stock is owned by corporate insiders.

TransUnion Stock Performance

Shares of TRU traded up $0.50 during trading hours on Friday, reaching $101.50. 652,470 shares of the company traded hands, compared to its average volume of 1,602,257. 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 stock's fifty day moving average is $103.61 and its 200 day moving average is $90.25. TransUnion has a 1-year low of $57.80 and a 1-year high of $113.17. The stock has a market cap of $19.78 billion, a P/E ratio of 87.83, a price-to-earnings-growth ratio of 1.40 and a beta of 1.62.

TransUnion (NYSE:TRU - Get Free Report) last issued 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. TransUnion had a return on equity of 15.38% and a net margin of 5.47%. The firm had revenue of $1.09 billion during the quarter, compared to analysts' expectations of $1.06 billion. During the same period last year, the business earned $0.80 earnings per share. TransUnion's quarterly revenue was up 12.0% compared to the same quarter last year. Equities research analysts anticipate that TransUnion will post 3.44 earnings per share for the current fiscal year.

TransUnion Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, December 9th. Stockholders of record on Friday, November 22nd will be issued a $0.105 dividend. This represents a $0.42 annualized dividend 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%.

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.