TT International Asset Management LTD Grows Stock Position in TransUnion (NYSE:TRU)

TT International Asset Management LTD grew its position in TransUnion (NYSE:TRU - Free Report) by 426.4% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 26,853 shares of the business services provider's stock after purchasing an additional 21,752 shares during the quarter. TT International Asset Management LTD's holdings in TransUnion were worth $2,811,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of TRU. Massachusetts Financial Services Co. MA boosted its stake in shares of TransUnion by 32.2% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 16,339,762 shares of the business services provider's stock valued at $1,211,757,000 after purchasing an additional 3,977,595 shares in the last quarter. FMR LLC increased its stake in shares of TransUnion by 307.7% in the 3rd quarter. FMR LLC now owns 4,540,896 shares of the business services provider's stock valued at $475,432,000 after acquiring an additional 3,427,199 shares during the last quarter. XN LP increased its stake in shares of TransUnion by 194.7% in the 2nd quarter. XN LP now owns 1,973,684 shares of the business services provider's stock valued at $146,368,000 after acquiring an additional 1,303,996 shares during the last quarter. Westfield Capital Management Co. LP bought a new stake in shares of TransUnion in the 3rd quarter valued at about $92,661,000. Finally, Ninety One UK Ltd grew its position in shares of 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 purchasing an additional 698,580 shares during the period.

Insider Buying and Selling at TransUnion

In other news, Director George M. Awad sold 12,000 shares of the firm's stock in a transaction on 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 completion of the transaction, the director now directly owns 27,026 shares of the company's stock, valued at $2,702,600. This trade represents a 30.75 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Timothy J. Martin sold 2,500 shares of the firm's stock in a transaction on Tuesday, October 1st. The stock was sold at an average price of $104.59, for a total value of $261,475.00. Following the completion of the transaction, the executive vice president now directly owns 46,739 shares of the company's stock, valued at $4,888,432.01. The trade was a 5.08 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 20,590 shares of company stock valued at $2,084,633. Company insiders own 0.28% of the company's stock.

TransUnion Stock Up 2.4 %

Shares of NYSE TRU traded up $2.32 during midday trading on Wednesday, hitting $99.32. 293,873 shares of the stock traded hands, compared to its average volume of 1,585,384. The company has a market cap of $19.36 billion, a PE ratio of 84.35, a P/E/G ratio of 1.39 and a beta of 1.60. TransUnion has a one year low of $62.42 and a one year high of $113.17. The business has a 50 day moving average price of $102.77 and a two-hundred day moving average price of $91.65. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.68 and a current ratio of 1.68.

TransUnion (NYSE:TRU - Get Free Report) last announced its quarterly earnings data on Wednesday, October 23rd. The business services provider reported $1.04 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.01 by $0.03. The firm had revenue of $1.09 billion during the quarter, compared to the consensus estimate of $1.06 billion. TransUnion had a return on equity of 15.38% and a net margin of 5.47%. The business's revenue for the quarter was up 12.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.80 EPS. On average, equities analysts predict that TransUnion will post 3.44 EPS for the current year.

TransUnion Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 9th. Shareholders of record on Friday, November 22nd were issued a dividend of $0.105 per share. This represents a $0.42 annualized dividend and a yield of 0.42%. The ex-dividend date of this dividend was Friday, November 22nd. TransUnion's dividend payout ratio (DPR) is 36.52%.

Analyst Ratings Changes

A number of equities analysts have weighed in on TRU shares. UBS Group began coverage on TransUnion in a research report on Tuesday, October 1st. They set a "neutral" rating and a $110.00 price target for the company. Morgan Stanley increased their price objective on TransUnion from $103.00 to $119.00 and gave the stock an "overweight" rating in a research report on Thursday, October 24th. The Goldman Sachs Group raised 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. Barclays raised their price objective on TransUnion from $80.00 to $105.00 and gave the company an "equal weight" rating in a research note on Friday, September 13th. Finally, Oppenheimer cut their price target on TransUnion from $122.00 to $115.00 and set an "outperform" rating on the stock in a research note on Wednesday, November 20th. Seven investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $106.38.

About TransUnion

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.