AEGON ASSET MANAGEMENT UK Plc reduced its stake in shares of TransUnion (NYSE:TRU - Free Report) by 45.4% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 124,417 shares of the business services provider's stock after selling 103,579 shares during the period. AEGON ASSET MANAGEMENT UK Plc owned approximately 0.06% of TransUnion worth $13,023,000 at the end of the most recent quarter.
A number of other large investors have also recently made changes to their positions in the stock. Signaturefd LLC boosted its holdings in shares of TransUnion by 15.0% in the 3rd quarter. Signaturefd LLC now owns 788 shares of the business services provider's stock valued at $83,000 after acquiring an additional 103 shares during the last quarter. Elo Mutual Pension Insurance Co grew its position in TransUnion by 0.7% during the 2nd quarter. Elo Mutual Pension Insurance Co now owns 17,822 shares of the business services provider's stock worth $1,322,000 after purchasing an additional 123 shares during the period. V Square Quantitative Management LLC raised its stake in shares of TransUnion by 6.4% during the 2nd quarter. V Square Quantitative Management LLC now owns 2,762 shares of the business services provider's stock valued at $205,000 after buying an additional 165 shares during the last quarter. National Bank of Canada FI lifted its holdings in shares of TransUnion by 22.3% in the 2nd quarter. National Bank of Canada FI now owns 910 shares of the business services provider's stock valued at $66,000 after buying an additional 166 shares during the period. Finally, OLD National Bancorp IN boosted its stake in shares of TransUnion by 5.8% in the second quarter. OLD National Bancorp IN now owns 4,599 shares of the business services provider's stock worth $341,000 after buying an additional 254 shares during the last quarter.
Analyst Upgrades and Downgrades
Several brokerages recently weighed in on TRU. The Goldman Sachs Group lifted their price target on TransUnion from $97.00 to $109.00 and gave the company a "neutral" rating in a research report on Wednesday, October 2nd. Wolfe Research upgraded shares of TransUnion from a "peer perform" rating to an "outperform" rating and set a $130.00 target price for the company in a research note on Thursday, October 10th. Royal Bank of Canada reissued an "outperform" rating and set a $121.00 price target on shares of TransUnion in a report on Thursday, October 24th. Wells Fargo & Company lifted their price objective on shares of TransUnion from $125.00 to $135.00 and gave the company an "overweight" rating in a report on Thursday, October 24th. Finally, Stifel Nicolaus upped their price objective on shares of TransUnion from $103.00 to $120.00 and gave the stock a "buy" rating in a research report on Thursday, October 24th. Seven analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $104.53.
Check Out Our Latest Research Report on TRU
TransUnion Price Performance
Shares of NYSE:TRU traded up $0.25 during midday trading on Friday, hitting $106.62. The company's stock had a trading volume of 1,348,623 shares, compared to its average volume of 1,592,828. TransUnion has a 12-month low of $51.40 and a 12-month high of $113.17. The company has a market cap of $20.78 billion, a P/E ratio of 92.71, a price-to-earnings-growth ratio of 1.42 and a beta of 1.62. 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 business's 50 day simple moving average is $103.02 and its 200 day simple moving average is $87.84.
TransUnion (NYSE:TRU - Get Free Report) last issued its earnings results on Wednesday, October 23rd. The business services provider reported $1.04 earnings per share 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 business had revenue of $1.09 billion for the quarter, compared to analysts' expectations of $1.06 billion. During the same period in the previous year, the firm posted $0.80 EPS. The business's revenue for the quarter was up 12.0% compared to the same quarter last year. On average, analysts forecast that TransUnion will post 3.46 EPS for the current year.
TransUnion Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Monday, December 9th. Shareholders of record on Friday, November 22nd will be paid a $0.105 dividend. This represents a $0.42 dividend on an annualized basis and a dividend yield of 0.39%. The ex-dividend date of this dividend is Friday, November 22nd. TransUnion's dividend payout ratio (DPR) is presently 36.52%.
Insider Transactions at TransUnion
In related news, EVP Timothy J. Martin sold 2,500 shares of the company's stock in a transaction dated Tuesday, October 1st. The shares were sold at an average price of $104.59, for a total value of $261,475.00. Following the completion of the sale, the executive vice president now owns 46,739 shares of the company's stock, valued at approximately $4,888,432.01. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. In other TransUnion news, CAO Jennifer A. Williams sold 405 shares of the company's stock in a transaction on Thursday, August 29th. The stock was sold at an average price of $95.58, for a total transaction of $38,709.90. Following the transaction, the chief accounting officer now directly owns 7,186 shares in the company, valued at $686,837.88. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Timothy J. Martin sold 2,500 shares of the business's stock in a transaction on Tuesday, October 1st. The shares were sold at an average price of $104.59, for a total value of $261,475.00. Following the completion of the sale, the executive vice president now owns 46,739 shares in the company, valued at $4,888,432.01. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 9,815 shares of company stock worth $961,407 in the last quarter. Company insiders own 0.22% of the company's stock.
TransUnion Company Profile
(
Free Report)
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.
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