TransUnion (NYSE:TRU) Shares Sold by Victory Capital Management Inc.

Victory Capital Management Inc. lowered its holdings in shares of TransUnion (NYSE:TRU - Free Report) by 22.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,698,250 shares of the business services provider's stock after selling 770,604 shares during the quarter. Victory Capital Management Inc. owned approximately 1.38% of TransUnion worth $282,507,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Empowered Funds LLC raised its stake in TransUnion by 17.4% during the first quarter. Empowered Funds LLC now owns 3,851 shares of the business services provider's stock valued at $307,000 after purchasing an additional 572 shares in the last quarter. Forsta AP Fonden raised its stake in shares of TransUnion by 9.9% in the first quarter. Forsta AP Fonden now owns 43,200 shares of the business services provider's stock valued at $3,447,000 after acquiring an additional 3,900 shares during the period. Sei Investments Co. raised its stake in shares of TransUnion by 2.2% in the first quarter. Sei Investments Co. now owns 45,827 shares of the business services provider's stock valued at $3,658,000 after acquiring an additional 975 shares during the period. Qsemble Capital Management LP raised its stake in shares of TransUnion by 189.7% in the first quarter. Qsemble Capital Management LP now owns 8,839 shares of the business services provider's stock valued at $705,000 after acquiring an additional 5,788 shares during the period. Finally, Russell Investments Group Ltd. raised its stake in shares of TransUnion by 23.6% in the first quarter. Russell Investments Group Ltd. now owns 199,667 shares of the business services provider's stock valued at $15,911,000 after acquiring an additional 38,098 shares during the period.

TransUnion Stock Performance

Shares of TransUnion stock traded down $3.87 during midday trading on Tuesday, hitting $102.90. The company had a trading volume of 1,973,025 shares, compared to its average volume of 1,594,600. The stock has a market cap of $20.06 billion, a price-to-earnings ratio of 89.48, a PEG ratio of 1.45 and a beta of 1.62. The company has a quick ratio of 1.68, a current ratio of 1.68 and a debt-to-equity ratio of 1.19. The company has a fifty day simple moving average of $103.39 and a 200 day simple moving average of $88.54. TransUnion has a 12-month low of $51.50 and a 12-month high of $113.17.

TransUnion (NYSE:TRU - Get Free Report) last released its quarterly earnings data on Wednesday, October 23rd. The business services provider reported $1.04 EPS for the quarter, beating the consensus estimate of $1.01 by $0.03. TransUnion had a net margin of 5.47% and a return on equity of 15.38%. The business had revenue of $1.09 billion for the quarter, compared to the consensus estimate of $1.06 billion. During the same period in the prior year, the firm earned $0.80 EPS. The business's revenue for the quarter was up 12.0% on a year-over-year basis. As a group, analysts predict that TransUnion will post 3.46 earnings per share for the current fiscal year.

TransUnion Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 9th. Shareholders of record on Friday, November 22nd will be issued a $0.105 dividend. This represents a $0.42 annualized dividend and a yield of 0.41%. The ex-dividend date is Friday, November 22nd. TransUnion's payout ratio is 36.52%.

Insider Buying and Selling at TransUnion

In other TransUnion news, EVP Timothy J. Martin sold 2,500 shares of the company's stock in a transaction on Tuesday, September 3rd. The shares were sold at an average price of $95.65, for a total value of $239,125.00. Following the sale, the executive vice president now directly owns 49,239 shares of the company's stock, valued at approximately $4,709,710.35. 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 can be accessed through this link. In other TransUnion news, EVP Timothy J. Martin sold 2,500 shares of the company's stock in a transaction on Tuesday, September 3rd. The shares were sold at an average price of $95.65, for a total value of $239,125.00. Following the sale, the executive vice president now directly owns 49,239 shares of the company's stock, valued at approximately $4,709,710.35. 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 can be accessed through this link. Also, EVP Heather J. Russell sold 3,173 shares of the stock in a transaction dated Thursday, August 29th. The stock was sold at an average price of $95.58, for a total transaction of $303,275.34. Following the sale, the executive vice president now directly owns 19,926 shares in the company, valued at approximately $1,904,527.08. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 11,315 shares of company stock valued at $1,119,897. 0.22% of the stock is owned by insiders.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on TRU shares. Royal Bank of Canada reissued an "outperform" rating and issued a $121.00 target price on shares of TransUnion in a research note on Thursday, October 24th. 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 on the stock. Needham & Company LLC restated a "hold" rating on shares of TransUnion in a report on Thursday, October 24th. Morgan Stanley upped their price target on shares of TransUnion from $103.00 to $119.00 and gave the stock an "overweight" rating in a report on Thursday, October 24th. Finally, Stifel Nicolaus increased their target price on shares of TransUnion from $103.00 to $120.00 and gave the stock a "buy" rating in a report on Thursday, October 24th. Seven equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $104.53.

TransUnion Company 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.