Quest Partners LLC Has $163,000 Holdings in TransUnion (NYSE:TRU)

Quest Partners LLC boosted its position in shares of TransUnion (NYSE:TRU) by 160.9% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,202 shares of the business services provider’s stock after buying an additional 1,358 shares during the period. Quest Partners LLC’s holdings in TransUnion were worth $163,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. Charles Schwab Investment Management Inc. increased its stake in TransUnion by 1.4% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 632,867 shares of the business services provider’s stock valued at $43,484,000 after acquiring an additional 8,859 shares during the last quarter. BNP Paribas Financial Markets increased its stake in shares of TransUnion by 69.4% in the 4th quarter. BNP Paribas Financial Markets now owns 99,829 shares of the business services provider’s stock valued at $6,859,000 after purchasing an additional 40,893 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in shares of TransUnion by 17.7% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,291,391 shares of the business services provider’s stock worth $88,735,000 after buying an additional 194,592 shares during the last quarter. Robeco Institutional Asset Management B.V. boosted its stake in TransUnion by 6.8% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 52,232 shares of the business services provider’s stock valued at $3,589,000 after buying an additional 3,336 shares in the last quarter. Finally, Norges Bank bought a new position in TransUnion in the fourth quarter valued at about $90,682,000.

TransUnion Trading Up 2.3 %

NYSE TRU opened at $100.39 on Monday. The stock has a market capitalization of $19.51 billion, a P/E ratio of -70.20, a P/E/G ratio of 1.42 and a beta of 1.62. The business has a 50 day simple moving average of $88.54 and a 200 day simple moving average of $80.14. The company has a debt-to-equity ratio of 1.22, a current ratio of 1.66 and a quick ratio of 1.66. TransUnion has a one year low of $42.09 and a one year high of $100.97.

TransUnion (NYSE:TRU) last released its quarterly earnings data on Thursday, July 25th. The business services provider reported $0.99 earnings per share for the quarter, beating the consensus estimate of $0.86 by $0.13. The company had revenue of $1.04 billion during the quarter, compared to analyst estimates of $1.02 billion. TransUnion had a negative net margin of 6.11% and a positive return on equity of 15.03%. TransUnion’s revenue for the quarter was up 7.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.76 EPS. Research analysts expect that TransUnion will post 3.44 earnings per share for the current year.

TransUnion Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 9th. Stockholders of record on Friday, August 23rd were given a dividend of $0.105 per share. The ex-dividend date was Friday, August 23rd. This represents a $0.42 dividend on an annualized basis and a dividend yield of 0.42%. TransUnion’s dividend payout ratio (DPR) is presently -29.37%.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on TRU shares. Barclays increased their target price on shares of TransUnion from $80.00 to $105.00 and gave the stock an “equal weight” rating in a report on Friday. Morgan Stanley boosted their target price on shares of TransUnion from $96.00 to $103.00 and gave the stock an “overweight” rating in a research note on Thursday. Bank of America upgraded TransUnion from a “neutral” rating to a “buy” rating and set a $92.00 price target for the company in a research note on Thursday, June 20th. Wells Fargo & Company upgraded TransUnion to a “strong-buy” rating in a research report on Tuesday, August 13th. Finally, The Goldman Sachs Group increased their target price on TransUnion from $87.00 to $97.00 and gave the company a “neutral” rating in a research report on Tuesday, August 20th. Seven research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $92.00.

Insider Activity

In related news, EVP Heather J. Russell sold 7,120 shares of the company’s stock in a transaction that occurred on Friday, June 21st. The stock was sold at an average price of $73.53, for a total transaction of $523,533.60. Following the transaction, the executive vice president now directly owns 25,624 shares of the company’s stock, valued at approximately $1,884,132.72. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. In related news, insider Steven M. Chaouki sold 1,000 shares of the company’s stock in a transaction dated Monday, July 1st. The shares were sold at an average price of $74.27, for a total value of $74,270.00. Following the sale, the insider now owns 70,547 shares in the company, valued at approximately $5,239,525.69. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Heather J. Russell sold 7,120 shares of the stock in a transaction that occurred on Friday, June 21st. The stock was sold at an average price of $73.53, for a total value of $523,533.60. Following the completion of the sale, the executive vice president now directly owns 25,624 shares of the company’s stock, valued at $1,884,132.72. The disclosure for this sale can be found here. Insiders sold a total of 32,200 shares of company stock worth $2,665,257 in the last three months. Company insiders own 0.22% of the company’s stock.

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.