Manning & Napier Advisors LLC Has $136.52 Million Stock Position in TransUnion (NYSE:TRU)

Manning & Napier Advisors LLC cut its holdings in shares of TransUnion (NYSE:TRU - Free Report) by 5.7% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,472,558 shares of the business services provider's stock after selling 89,307 shares during the quarter. TransUnion accounts for about 1.6% of Manning & Napier Advisors LLC's investment portfolio, making the stock its 20th largest holding. Manning & Napier Advisors LLC owned 0.76% of TransUnion worth $136,521,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Huntington National Bank grew its stake in shares of TransUnion by 84.5% in the 3rd quarter. Huntington National Bank now owns 286 shares of the business services provider's stock valued at $30,000 after buying an additional 131 shares in the last quarter. Versant Capital Management Inc increased its stake 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 worth $40,000 after purchasing an additional 193 shares during the last quarter. Quarry LP raised its holdings in shares of TransUnion by 963.0% during the 2nd quarter. Quarry LP now owns 574 shares of the business services provider's stock valued at $43,000 after purchasing an additional 520 shares in the last quarter. Retirement Wealth Solutions LLC acquired a new stake in shares of TransUnion in the 4th quarter valued at $44,000. Finally, True Wealth Design LLC boosted its holdings 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 worth $49,000 after purchasing an additional 459 shares in the last quarter.

Insider Activity

In other news, insider Todd C. Skinner sold 3,090 shares of the firm's stock in a transaction dated Friday, November 29th. The stock was sold at an average price of $101.48, for a total value of $313,573.20. Following the completion of the transaction, the insider now owns 24,333 shares in the company, valued at $2,469,312.84. This trade represents a 11.27 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director George M. Awad sold 12,000 shares of the company'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 sale, the director now owns 27,026 shares in the company, valued at $2,702,600. The trade was a 30.75 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 19,090 shares of company stock worth $1,916,758 over the last ninety days. Insiders own 0.22% of the company's stock.

Analyst Ratings Changes

A number of analysts have weighed in on the company. The Goldman Sachs Group boosted their price target on TransUnion from $97.00 to $109.00 and gave the stock a "neutral" rating in a research report on Wednesday, October 2nd. Stifel Nicolaus upped their target price on TransUnion from $103.00 to $120.00 and gave the stock a "buy" rating in a research report on Thursday, October 24th. Needham & Company LLC reaffirmed a "hold" rating on shares of TransUnion in a report on Thursday, January 16th. Oppenheimer lowered their price objective on TransUnion from $115.00 to $112.00 and set an "outperform" rating on the stock in a research report on Tuesday, January 7th. Finally, Morgan Stanley decreased their price target on TransUnion from $130.00 to $127.00 and set an "overweight" rating on the stock in a research note on Tuesday. Six research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $108.00.

TransUnion Stock Up 3.2 %

Shares of TRU stock traded up $3.08 on Thursday, hitting $99.87. 1,563,146 shares of the stock were exchanged, compared to its average volume of 1,408,808. 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 has a market capitalization of $19.46 billion, a P/E ratio of 86.85, a price-to-earnings-growth ratio of 1.16 and a beta of 1.62. TransUnion has a fifty-two week low of $66.07 and a fifty-two week high of $113.17. The business has a 50-day moving average of $95.94 and a 200 day moving average of $96.67.

TransUnion Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 9th. Stockholders of record on Friday, November 22nd were paid 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 0.42%. TransUnion's dividend payout ratio is currently 36.52%.

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.