UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Increases Holdings in TransUnion (NYSE:TRU)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of TransUnion (NYSE:TRU - Free Report) by 12.3% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,180,036 shares of the business services provider's stock after buying an additional 129,547 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.61% of TransUnion worth $123,550,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Tidal Investments LLC lifted its stake in TransUnion by 8.3% in the 1st quarter. Tidal Investments LLC now owns 3,981 shares of the business services provider's stock valued at $318,000 after buying an additional 304 shares in the last quarter. DekaBank Deutsche Girozentrale lifted its holdings in shares of TransUnion by 0.9% during the 1st quarter. DekaBank Deutsche Girozentrale now owns 64,657 shares of the business services provider's stock worth $5,064,000 after acquiring an additional 588 shares during the period. DNB Asset Management AS raised its holdings in shares of TransUnion by 5.6% during the 2nd quarter. DNB Asset Management AS now owns 36,506 shares of the business services provider's stock valued at $2,707,000 after buying an additional 1,939 shares during the period. Harbor Capital Advisors Inc. increased its holdings in TransUnion by 359.2% in the second quarter. Harbor Capital Advisors Inc. now owns 9,804 shares of the business services provider's stock valued at $727,000 after buying an additional 7,669 shares during the last quarter. Finally, CWM LLC grew its position in TransUnion by 39.8% in the 2nd quarter. CWM LLC now owns 2,342 shares of the business services provider's stock worth $174,000 after purchasing an additional 667 shares during the last quarter.

Insider Transactions at TransUnion

In other TransUnion news, EVP Timothy J. Martin sold 2,500 shares of the firm's stock in a transaction that occurred 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 sale, the executive vice president now owns 46,739 shares of the company's stock, valued at approximately $4,888,432.01. This trade represents a 5.08 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Steven M. Chaouki sold 1,000 shares of the firm's stock in a transaction that occurred on Tuesday, September 3rd. The stock was sold at an average price of $95.65, for a total transaction of $95,650.00. Following the sale, the insider now owns 64,488 shares of the company's stock, valued at approximately $6,168,277.20. The trade was a 1.53 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 19,500 shares of company stock worth $1,954,740 in the last 90 days. Corporate insiders own 0.22% of the company's stock.

Wall Street Analyst Weigh In

TRU has been the subject of several recent analyst reports. Barclays upped their price target on TransUnion from $80.00 to $105.00 and gave the stock an "equal weight" rating in a research note on Friday, September 13th. UBS Group assumed coverage on shares of TransUnion in a report on Tuesday, October 1st. They issued a "neutral" rating and a $110.00 price target for the company. Morgan Stanley increased their target price on shares of TransUnion from $103.00 to $119.00 and gave the stock an "overweight" rating in a report on Thursday, October 24th. Robert W. Baird upped their price objective on TransUnion from $104.00 to $130.00 and gave the company an "outperform" rating in a research note on Thursday, October 24th. Finally, Wolfe Research upgraded shares of TransUnion from a "peer perform" rating to an "outperform" rating and set a $130.00 target price on the stock in a research report on Thursday, October 10th. Seven analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $106.38.

TransUnion Price Performance

Shares of TRU stock traded down $2.53 during mid-day trading on Monday, hitting $98.97. 1,261,853 shares of the stock traded hands, compared to its average volume of 1,600,788. The company's 50-day simple moving average is $103.54 and its 200-day simple moving average is $90.57. The firm has a market cap of $19.29 billion, a price-to-earnings ratio of 88.26, a price-to-earnings-growth ratio of 1.41 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. TransUnion has a twelve month low of $58.59 and a twelve month high of $113.17.

TransUnion (NYSE:TRU - Get Free Report) last issued its quarterly earnings results on Wednesday, October 23rd. The business services provider reported $1.04 earnings per share (EPS) for the quarter, beating 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 company had revenue of $1.09 billion for the quarter, compared to the consensus estimate of $1.06 billion. During the same period last year, the business posted $0.80 earnings per share. The firm's revenue was up 12.0% compared to the same quarter last year. As a group, equities research analysts expect that TransUnion will post 3.44 earnings per share for the current year.

TransUnion Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 9th. Investors of record on Friday, November 22nd will be 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 is Friday, November 22nd. TransUnion's payout ratio is 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.