Lombard Odier Asset Management USA Corp Purchases New Position in TransUnion (NYSE:TRU)

Lombard Odier Asset Management USA Corp acquired a new position in shares of TransUnion (NYSE:TRU) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 5,263 shares of the business services provider’s stock, valued at approximately $390,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Larson Financial Group LLC increased its position in shares of TransUnion by 237.5% during the 1st quarter. Larson Financial Group LLC now owns 486 shares of the business services provider’s stock worth $39,000 after purchasing an additional 342 shares in the last quarter. GAMMA Investing LLC boosted its holdings in shares of TransUnion by 32.9% in the 1st quarter. GAMMA Investing LLC now owns 573 shares of the business services provider’s stock worth $46,000 after acquiring an additional 142 shares in the last quarter. National Bank of Canada FI boosted its holdings in shares of TransUnion by 22.3% in the 2nd quarter. National Bank of Canada FI now owns 910 shares of the business services provider’s stock worth $66,000 after acquiring an additional 166 shares in the last quarter. Blue Trust Inc. grew its position in TransUnion by 156.6% during the 2nd quarter. Blue Trust Inc. now owns 857 shares of the business services provider’s stock worth $68,000 after acquiring an additional 523 shares during the last quarter. Finally, Assetmark Inc. increased its holdings in TransUnion by 48.6% during the 4th quarter. Assetmark Inc. now owns 1,030 shares of the business services provider’s stock valued at $71,000 after purchasing an additional 337 shares in the last quarter.

Insider Activity at TransUnion

In other TransUnion news, CFO Todd M. Cello sold 12,865 shares of the business’s stock in a transaction dated Friday, July 12th. The stock was sold at an average price of $80.00, for a total value of $1,029,200.00. Following the completion of the transaction, the chief financial officer now directly owns 101,426 shares of the company’s stock, valued at $8,114,080. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In related news, CFO Todd M. Cello sold 12,865 shares of the business’s stock in a transaction that occurred on Friday, July 12th. The stock was sold at an average price of $80.00, for a total value of $1,029,200.00. Following the completion of the transaction, the chief financial officer now directly owns 101,426 shares in the company, valued at approximately $8,114,080. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Steven M. Chaouki sold 1,000 shares of TransUnion stock in a transaction that occurred on Tuesday, September 3rd. The shares were sold at an average price of $95.65, for a total transaction of $95,650.00. Following the completion of the transaction, the insider now directly owns 64,488 shares in the company, valued at approximately $6,168,277.20. The disclosure for this sale can be found here. Insiders sold a total of 25,080 shares of company stock worth $2,141,724 in the last quarter. Corporate insiders own 0.22% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently commented on TRU. Bank of America upgraded TransUnion from a “neutral” rating to a “buy” rating and set a $92.00 target price on the stock in a report on Thursday, June 20th. Oppenheimer raised 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. The Goldman Sachs Group boosted their target price on shares of TransUnion from $87.00 to $97.00 and gave the stock a “neutral” rating in a research note on Tuesday, August 20th. Robert W. Baird upped their target price on shares of TransUnion from $94.00 to $104.00 and gave the stock an “outperform” rating in a research report on Friday, July 26th. Finally, Wolfe Research assumed coverage on shares of TransUnion in a research report on Tuesday, July 9th. They issued a “peer perform” rating for the company. 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. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $92.00.

TransUnion Stock Down 0.4 %

Shares of TransUnion stock opened at $105.14 on Monday. TransUnion has a 12 month low of $42.09 and a 12 month high of $106.49. The business has a fifty day simple moving average of $91.04 and a 200 day simple moving average of $81.03. 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 stock has a market cap of $20.42 billion, a PE ratio of -73.52, a price-to-earnings-growth ratio of 1.35 and a beta of 1.62.

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 analysts’ consensus estimates 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 company had revenue of $1.04 billion during the quarter, compared to analysts’ expectations of $1.02 billion. During the same period in the prior year, the business posted $0.76 EPS. TransUnion’s revenue was up 7.5% on a year-over-year basis. Research analysts predict that TransUnion will post 3.44 EPS for the current year.

TransUnion Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, September 9th. Stockholders of record on Friday, August 23rd were issued a $0.105 dividend. This represents a $0.42 annualized dividend and a dividend yield of 0.40%. The ex-dividend date was Friday, August 23rd. TransUnion’s dividend payout ratio (DPR) is -29.37%.

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.