Farallon Capital Management LLC Has $447.56 Million Holdings in TransUnion (NYSE:TRU)

Farallon Capital Management LLC lessened its holdings in shares of TransUnion (NYSE:TRU) by 5.0% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 6,035,119 shares of the business services provider’s stock after selling 316,137 shares during the period. TransUnion comprises 2.1% of Farallon Capital Management LLC’s holdings, making the stock its 11th largest holding. Farallon Capital Management LLC owned 3.11% of TransUnion worth $447,564,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. lifted its holdings in shares of TransUnion by 1.3% during the 4th quarter. Vanguard Group Inc. now owns 17,910,715 shares of the business services provider’s stock worth $1,230,645,000 after acquiring an additional 234,123 shares during the period. Massachusetts Financial Services Co. MA lifted its holdings 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 worth $1,211,757,000 after acquiring an additional 3,977,595 shares during the period. Capital International Investors bought a new stake in shares of TransUnion during the 4th quarter worth approximately $663,001,000. Price T Rowe Associates Inc. MD lifted its holdings in shares of TransUnion by 51.8% during 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 during the period. Finally, Van ECK Associates Corp lifted its stake in TransUnion by 12.1% in the 1st quarter. Van ECK Associates Corp now owns 5,316,891 shares of the business services provider’s stock valued at $424,288,000 after purchasing an additional 572,121 shares during the last quarter.

Insiders Place Their Bets

In other TransUnion news, CFO Todd M. Cello sold 12,865 shares of the firm’s stock in a transaction on 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 directly owns 101,426 shares in the company, valued at $8,114,080. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In other TransUnion news, CFO Todd M. Cello sold 12,865 shares of the firm’s stock in a transaction on 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 directly owns 101,426 shares in the company, valued at $8,114,080. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Timothy J. Martin sold 2,500 shares of the firm’s stock in a transaction on Tuesday, September 3rd. The stock was sold at an average price of $95.65, for a total transaction of $239,125.00. Following the completion of the sale, the executive vice president now owns 49,239 shares of the company’s stock, valued at $4,709,710.35. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 25,080 shares of company stock worth $2,141,724. 0.22% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the stock. Morgan Stanley increased their price objective on shares of TransUnion from $96.00 to $103.00 and gave the company an “overweight” rating in a research note on Thursday, September 12th. Wolfe Research began coverage on shares of TransUnion in a research note on Tuesday, July 9th. They issued a “peer perform” rating for the company. Oppenheimer raised their price target on shares of TransUnion from $90.00 to $97.00 and gave the company an “outperform” rating in a research note on Friday, July 26th. Royal Bank of Canada raised their price target on shares of TransUnion from $85.00 to $106.00 and gave the company an “outperform” rating in a research note on Friday, July 26th. Finally, The Goldman Sachs Group raised their price target on shares of TransUnion from $87.00 to $97.00 and gave the company a “neutral” rating in a research note on Tuesday, August 20th. Seven analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $92.00.

TransUnion Trading Down 0.1 %

TRU opened at $105.06 on Tuesday. TransUnion has a twelve month low of $42.09 and a twelve month high of $106.67. 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 company has a fifty day moving average of $91.52 and a 200-day moving average of $81.22. The stock has a market cap of $20.40 billion, a PE ratio of -73.47, a price-to-earnings-growth ratio of 1.35 and a beta of 1.62.

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

TransUnion Dividend Announcement

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

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.