Swedbank AB decreased its holdings in shares of TransUnion (NYSE:TRU - Free Report) by 3.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 181,331 shares of the business services provider's stock after selling 7,315 shares during the period. Swedbank AB owned about 0.09% of TransUnion worth $18,985,000 as of its most recent SEC filing.
Several other institutional investors have also modified their holdings of TRU. O Shaughnessy Asset Management LLC grew its position in shares of TransUnion by 14.8% during the first quarter. O Shaughnessy Asset Management LLC now owns 4,196 shares of the business services provider's stock worth $335,000 after acquiring an additional 542 shares during the last quarter. Bayesian Capital Management LP bought a new position in shares of TransUnion during the first quarter worth about $804,000. California State Teachers Retirement System grew its position in shares of TransUnion by 2.4% during the first quarter. California State Teachers Retirement System now owns 327,518 shares of the business services provider's stock worth $26,136,000 after acquiring an additional 7,636 shares during the last quarter. Tidal Investments LLC grew its position in shares of TransUnion by 8.3% during the first quarter. Tidal Investments LLC now owns 3,981 shares of the business services provider's stock worth $318,000 after acquiring an additional 304 shares during the last quarter. Finally, Untitled Investments LP bought a new position in shares of TransUnion during the first quarter worth about $39,157,000.
Analyst Ratings Changes
A number of equities analysts recently issued reports on the stock. Royal Bank of Canada reiterated an "outperform" rating and issued a $121.00 target price on shares of TransUnion in a research report on Thursday, October 24th. Robert W. Baird increased their target price on shares of TransUnion from $104.00 to $130.00 and gave the company an "outperform" rating in a research report on Thursday, October 24th. The Goldman Sachs Group increased their target price on shares of TransUnion from $97.00 to $109.00 and gave the company a "neutral" rating in a research report on Wednesday, October 2nd. Morgan Stanley increased their target price on shares of TransUnion from $103.00 to $119.00 and gave the company an "overweight" rating in a research report on Thursday, October 24th. Finally, UBS Group assumed coverage on shares of TransUnion in a research report on Tuesday, October 1st. They issued a "neutral" rating and a $110.00 target price for the company. Seven investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $106.38.
View Our Latest Report on TransUnion
Insider Buying and Selling at TransUnion
In other news, 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 transaction, the director now owns 27,026 shares in the company, valued at $2,702,600. This represents a 30.75 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Steven M. Chaouki sold 1,500 shares of the company's stock in a transaction dated Friday, November 8th. The shares were sold at an average price of $105.66, for a total value of $158,490.00. Following the completion of the transaction, the insider now owns 62,988 shares in the company, valued at $6,655,312.08. This represents a 2.33 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 23,078 shares of company stock valued at $2,296,725. 0.28% of the stock is currently owned by corporate insiders.
TransUnion Price Performance
Shares of NYSE TRU opened at $100.73 on Wednesday. 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 has a twelve month low of $56.85 and a twelve month high of $113.17. The company has a market capitalization of $19.63 billion, a price-to-earnings ratio of 87.59, a PEG ratio of 1.42 and a beta of 1.62. The firm has a 50-day moving average of $103.69 and a two-hundred day moving average of $89.94.
TransUnion (NYSE:TRU - Get Free Report) last posted its quarterly earnings data on Wednesday, October 23rd. The business services provider reported $1.04 EPS for the quarter, beating analysts' consensus estimates of $1.01 by $0.03. TransUnion had a net margin of 5.47% and a return on equity of 15.38%. The company had revenue of $1.09 billion during the quarter, compared to analyst estimates of $1.06 billion. During the same period in the prior year, the firm earned $0.80 earnings per share. The business's quarterly revenue was up 12.0% on a year-over-year basis. As a group, analysts expect that TransUnion will post 3.45 earnings per share for the current fiscal year.
TransUnion Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 9th. Shareholders of record on Friday, November 22nd will be paid a dividend of $0.105 per share. This represents a $0.42 dividend on an annualized basis and a yield of 0.42%. The ex-dividend date is Friday, November 22nd. TransUnion's dividend payout ratio is presently 36.52%.
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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