Lombard Odier Asset Management Europe Ltd Lowers Holdings in TransUnion (NYSE:TRU)

Lombard Odier Asset Management Europe Ltd cut its holdings in TransUnion (NYSE:TRU) by 14.0% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 21,500 shares of the business services provider’s stock after selling 3,500 shares during the period. Lombard Odier Asset Management Europe Ltd’s holdings in TransUnion were worth $1,594,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in the business. Larson Financial Group LLC lifted its position in TransUnion by 237.5% in the first quarter. Larson Financial Group LLC now owns 486 shares of the business services provider’s stock worth $39,000 after buying an additional 342 shares during the last quarter. GAMMA Investing LLC boosted its position in TransUnion by 32.9% during the first quarter. GAMMA Investing LLC now owns 573 shares of the business services provider’s stock valued at $46,000 after purchasing an additional 142 shares in the last quarter. National Bank of Canada FI boosted its position in TransUnion by 22.3% during the second quarter. National Bank of Canada FI now owns 910 shares of the business services provider’s stock valued at $66,000 after purchasing an additional 166 shares in the last quarter. Blue Trust Inc. boosted its holdings in TransUnion by 156.6% in the second quarter. Blue Trust Inc. now owns 857 shares of the business services provider’s stock worth $68,000 after acquiring an additional 523 shares in the last quarter. Finally, Assetmark Inc. boosted its holdings in TransUnion by 48.6% in the fourth quarter. Assetmark Inc. now owns 1,030 shares of the business services provider’s stock worth $71,000 after acquiring an additional 337 shares in the last quarter.

TransUnion Stock Down 0.1 %

TransUnion stock opened at $105.06 on Tuesday. The stock has a market capitalization 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 has a 12 month low of $42.09 and a 12 month high of $106.67. The business has a 50 day simple moving average of $91.52 and a 200-day simple moving average of $81.22. 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 (NYSE:TRU) last posted its quarterly earnings data 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. The business had revenue of $1.04 billion during the quarter, compared to analysts’ expectations of $1.02 billion. TransUnion had a positive return on equity of 15.03% and a negative net margin of 6.11%. The business’s revenue was up 7.5% compared to the same quarter last year. During the same period in the previous year, the business earned $0.76 earnings per share. On average, analysts anticipate that TransUnion will post 3.44 EPS for the current fiscal year.

TransUnion Announces Dividend

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

Insider Activity

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 transaction 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 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 transaction 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Steven M. Chaouki sold 1,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 3rd. The stock was sold at an average price of $95.65, for a total value of $95,650.00. Following the sale, the insider now owns 64,488 shares of the company’s stock, valued at $6,168,277.20. The disclosure for this sale can be found here. Insiders sold 25,080 shares of company stock worth $2,141,724 over the last three months. 0.22% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

TRU has been the subject of several recent analyst reports. Wells Fargo & Company raised TransUnion to a “strong-buy” rating in a report on Tuesday, August 13th. Royal Bank of Canada lifted their target price on TransUnion from $85.00 to $106.00 and gave the stock an “outperform” rating in a report on Friday, July 26th. Wolfe Research began coverage on TransUnion in a report on Tuesday, July 9th. They set a “peer perform” rating for the company. Bank of America raised TransUnion from a “neutral” rating to a “buy” rating and set a $92.00 target price for the company in a report on Thursday, June 20th. Finally, Robert W. Baird lifted their target price on TransUnion from $94.00 to $104.00 and gave the stock an “outperform” rating in a report on Friday, July 26th. Seven investment 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. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $92.00.

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.