Ensign Peak Advisors Inc Sells 3,450 Shares of TransUnion (NYSE:TRU)

Ensign Peak Advisors Inc lessened its holdings in shares of TransUnion (NYSE:TRU) by 1.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 323,416 shares of the business services provider’s stock after selling 3,450 shares during the quarter. Ensign Peak Advisors Inc owned approximately 0.17% of TransUnion worth $23,985,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of TRU. Capital International Investors purchased a new position in TransUnion during the fourth quarter valued at $663,001,000. Massachusetts Financial Services Co. MA grew its stake in shares of TransUnion by 32.2% during 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 acquiring an additional 3,977,595 shares during the period. Price T Rowe Associates Inc. MD increased its holdings in TransUnion by 51.8% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 6,755,729 shares of the business services provider’s stock worth $539,108,000 after acquiring an additional 2,306,596 shares in the last quarter. CCLA Investment Management increased its stake in shares of TransUnion by 104,813.6% in the first quarter. CCLA Investment Management now owns 1,947,196 shares of the business services provider’s stock worth $153,454,000 after purchasing an additional 1,945,340 shares in the last quarter. Finally, Meritage Group LP lifted its stake in shares of TransUnion by 56.5% during the 4th quarter. Meritage Group LP now owns 5,030,424 shares of the business services provider’s stock valued at $345,640,000 after buying an additional 1,815,540 shares in the last quarter.

Insider Buying and Selling at TransUnion

In other news, insider Steven M. Chaouki sold 1,000 shares of the firm’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 directly 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 can be accessed through this link. In other news, insider Steven M. Chaouki sold 1,000 shares of the stock in a transaction on Monday, July 1st. The stock was sold at an average price of $74.27, for a total transaction of $74,270.00. Following the completion of the sale, the insider now owns 70,547 shares in the company, valued at approximately $5,239,525.69. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Todd M. Cello sold 12,865 shares of the stock in a transaction dated Friday, July 12th. The shares were sold at an average price of $80.00, for a total value of $1,029,200.00. Following the completion of the sale, the chief financial officer now owns 101,426 shares of the company’s stock, valued at $8,114,080. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 25,080 shares of company stock valued at $2,141,724. 0.22% of the stock is currently owned by corporate insiders.

TransUnion Stock Down 0.4 %

Shares of NYSE:TRU opened at $105.14 on Monday. The company has a quick ratio of 1.66, a current ratio of 1.66 and a debt-to-equity ratio of 1.22. The business’s 50 day moving average is $91.04 and its 200 day moving average is $81.03. The stock has a market cap of $20.42 billion, a P/E ratio of -73.52, a price-to-earnings-growth ratio of 1.35 and a beta of 1.62. TransUnion has a 52-week low of $42.09 and a 52-week high of $106.49.

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

TransUnion Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 9th. Shareholders of record on Friday, August 23rd were issued a dividend of $0.105 per share. The ex-dividend date of this dividend was Friday, August 23rd. This represents a $0.42 dividend on an annualized basis and a yield of 0.40%. TransUnion’s dividend payout ratio is currently -29.37%.

Analyst Ratings Changes

A number of equities research analysts have commented on the company. Royal Bank of Canada raised their price target on TransUnion from $85.00 to $106.00 and gave the company an “outperform” rating in a report on Friday, July 26th. Wolfe Research began coverage on TransUnion in a research note on Tuesday, July 9th. They issued a “peer perform” rating for the company. Oppenheimer lifted their price objective on shares of TransUnion from $90.00 to $97.00 and gave the company an “outperform” rating in a research report on Friday, July 26th. Barclays increased their price objective on shares of TransUnion from $80.00 to $105.00 and gave the company an “equal weight” rating in a report on Friday, September 13th. Finally, Needham & Company LLC cut TransUnion from a “buy” rating to a “hold” rating in a report on Wednesday, August 28th. Seven investment analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, TransUnion has a consensus rating of “Moderate Buy” and an average target price of $92.00.

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.