Creative Planning Buys 3,436 Shares of TransUnion (NYSE:TRU)

Creative Planning grew its holdings in TransUnion (NYSE:TRU) by 43.8% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,278 shares of the business services provider’s stock after purchasing an additional 3,436 shares during the quarter. Creative Planning’s holdings in TransUnion were worth $1,181,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently modified their holdings of the company. Larson Financial Group LLC increased its stake in TransUnion by 237.5% during the 1st quarter. Larson Financial Group LLC now owns 486 shares of the business services provider’s stock valued at $39,000 after purchasing an additional 342 shares in the last quarter. Quarry LP lifted its holdings in TransUnion by 963.0% during the second quarter. Quarry LP now owns 574 shares of the business services provider’s stock valued at $43,000 after purchasing an additional 520 shares during the last quarter. Blue Trust Inc. raised its holdings in TransUnion by 156.6% during the 2nd quarter. Blue Trust Inc. now owns 857 shares of the business services provider’s stock valued at $68,000 after acquiring an additional 523 shares during the period. National Bank of Canada FI boosted its stake in 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 purchasing an additional 166 shares during the period. Finally, GAMMA Investing LLC boosted its holdings in TransUnion by 84.9% in the 3rd quarter. GAMMA Investing LLC now owns 956 shares of the business services provider’s stock valued at $100,000 after purchasing an additional 439 shares during the period.

Insider Activity

In other TransUnion news, EVP Heather J. Russell sold 3,173 shares of the firm’s stock in a transaction dated Thursday, August 29th. The shares were sold at an average price of $95.58, for a total value of $303,275.34. Following the completion of the sale, the executive vice president now owns 19,926 shares of the company’s stock, valued at $1,904,527.08. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In related news, CAO Jennifer A. Williams sold 405 shares of the business’s stock in a transaction that occurred on Thursday, August 29th. The shares were sold at an average price of $95.58, for a total value of $38,709.90. Following the completion of the transaction, the chief accounting officer now owns 7,186 shares of the company’s stock, valued at $686,837.88. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Heather J. Russell sold 3,173 shares of the firm’s stock in a transaction dated Thursday, August 29th. The shares were sold at an average price of $95.58, for a total value of $303,275.34. Following the sale, the executive vice president now directly owns 19,926 shares in the company, valued at approximately $1,904,527.08. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 12,715 shares of company stock valued at $1,209,589 in the last ninety days. Insiders own 0.22% of the company’s stock.

TransUnion Stock Performance

Shares of NYSE TRU opened at $101.30 on Friday. TransUnion has a 1 year low of $43.39 and a 1 year high of $113.17. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.68 and a quick ratio of 1.68. The stock has a market cap of $19.67 billion, a PE ratio of -70.98, a price-to-earnings-growth ratio of 1.35 and a beta of 1.62. The firm has a fifty day moving average price of $102.13 and a 200-day moving average price of $86.31.

TransUnion (NYSE:TRU) last issued its earnings results on Wednesday, October 23rd. The business services provider reported $1.04 earnings per share for the quarter, topping analysts’ consensus estimates of $1.01 by $0.03. TransUnion had a net margin of 5.47% and a return on equity of 15.38%. The firm had revenue of $1.09 billion during the quarter, compared to analyst estimates of $1.06 billion. During the same quarter in the prior year, the business earned $0.80 earnings per share. TransUnion’s revenue for the quarter was up 12.0% on a year-over-year basis. Equities analysts anticipate that TransUnion will post 3.46 earnings per share for the current fiscal year.

TransUnion Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 9th. Shareholders of record on Friday, August 23rd were paid a $0.105 dividend. The ex-dividend date was Friday, August 23rd. This represents a $0.42 dividend on an annualized basis and a dividend yield of 0.41%. TransUnion’s payout ratio is currently -29.37%.

Analysts Set New Price Targets

A number of analysts have recently issued reports on TRU shares. Robert W. Baird upped their target price on shares of TransUnion from $104.00 to $130.00 and gave the stock an “outperform” rating in a research report on Thursday, October 24th. Royal Bank of Canada reaffirmed an “outperform” rating and set a $121.00 price target on shares of TransUnion in a research report on Thursday, October 24th. Needham & Company LLC reaffirmed a “hold” rating on shares of TransUnion in a research report on Thursday, October 24th. The Goldman Sachs Group upped their price objective on shares of TransUnion from $97.00 to $109.00 and gave the stock a “neutral” rating in a report on Wednesday, October 2nd. Finally, Oppenheimer increased their price objective on shares of TransUnion from $118.00 to $122.00 and gave the company an “outperform” rating in a research report on Thursday, October 24th. Seven analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. According to data from MarketBeat.com, TransUnion has a consensus rating of “Moderate Buy” and an average target price of $104.53.

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.