TransUnion (NYSE:TRU) Shares Bought by Vinva Investment Management Ltd

Vinva Investment Management Ltd grew its stake in shares of TransUnion (NYSE:TRU - Free Report) by 97.7% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 15,659 shares of the business services provider's stock after buying an additional 7,738 shares during the period. Vinva Investment Management Ltd's holdings in TransUnion were worth $1,627,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of TRU. Victory Capital Management Inc. grew its position in shares of TransUnion by 24.1% in the second quarter. Victory Capital Management Inc. now owns 3,468,854 shares of the business services provider's stock valued at $257,250,000 after purchasing an additional 674,187 shares during the period. Sumitomo Mitsui Trust Group Inc. grew its position in shares of TransUnion by 12.1% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,308,028 shares of the business services provider's stock valued at $136,951,000 after purchasing an additional 140,952 shares during the period. Blue Trust Inc. grew its position in shares of TransUnion by 156.6% in the second quarter. Blue Trust Inc. now owns 857 shares of the business services provider's stock valued at $68,000 after purchasing an additional 523 shares during the period. Harbor Capital Advisors Inc. grew its position in TransUnion by 359.2% during the second quarter. Harbor Capital Advisors Inc. now owns 9,804 shares of the business services provider's stock valued at $727,000 after acquiring an additional 7,669 shares during the period. Finally, Swedbank AB purchased a new stake in TransUnion during the first quarter valued at about $15,158,000.

Insider Buying and Selling

In other news, insider Steven M. Chaouki sold 1,500 shares of the stock in a transaction on Friday, November 8th. The stock was sold at an average price of $105.66, for a total transaction of $158,490.00. Following the completion of the sale, the insider now owns 62,988 shares in the company, valued at approximately $6,655,312.08. This represents a 2.33 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director George M. Awad sold 12,000 shares of the stock in a transaction on Monday, November 25th. The shares were 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 of the company's stock, valued at $2,702,600. This trade represents a 30.75 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 19,500 shares of company stock valued at $1,954,740 in the last three months. 0.22% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the company. UBS Group assumed 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. Needham & Company LLC reissued a "hold" rating on shares of TransUnion in a research report on Thursday, October 24th. Oppenheimer reduced their price objective on TransUnion from $122.00 to $115.00 and set an "outperform" rating on the stock in a research note on Wednesday, November 20th. Wells Fargo & Company boosted their price objective on TransUnion from $125.00 to $135.00 and gave the stock an "overweight" rating in a research note on Thursday, October 24th. Finally, The Goldman Sachs Group boosted their price objective on TransUnion from $97.00 to $109.00 and gave the stock a "neutral" rating in a research note on Wednesday, October 2nd. Seven investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $106.38.

TransUnion Stock Performance

Shares of NYSE:TRU traded up $0.50 during trading on Friday, hitting $101.50. 652,470 shares of the company traded hands, compared to its average volume of 1,602,257. The stock has a market capitalization of $19.78 billion, a price-to-earnings ratio of 88.26, a PEG ratio of 1.40 and a beta of 1.62. The business's fifty day moving average is $103.54 and its 200-day moving average is $90.41. TransUnion has a one year low of $57.80 and a one year high of $113.17. The company has a quick ratio of 1.68, a current ratio of 1.68 and a debt-to-equity ratio of 1.19.

TransUnion (NYSE:TRU - Get Free Report) last issued its quarterly earnings data on Wednesday, October 23rd. The business services provider reported $1.04 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.01 by $0.03. TransUnion had a return on equity of 15.38% and a net margin of 5.47%. The business 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 company posted $0.80 EPS. The business's revenue for the quarter was up 12.0% compared to the same quarter last year. As a group, equities analysts predict that TransUnion will post 3.44 earnings per share for the current fiscal year.

TransUnion Dividend Announcement

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

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.