Nordea Investment Management AB Acquires 982 Shares of TransUnion (NYSE:TRU)

Nordea Investment Management AB lifted its holdings in shares of TransUnion (NYSE:TRU) by 6.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 15,146 shares of the business services provider’s stock after acquiring an additional 982 shares during the quarter. Nordea Investment Management AB’s holdings in TransUnion were worth $1,412,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Huntington National Bank boosted its stake in shares of TransUnion by 84.5% during the 3rd quarter. Huntington National Bank now owns 286 shares of the business services provider’s stock worth $30,000 after acquiring an additional 131 shares during the period. Versant Capital Management Inc boosted its stake in TransUnion by 82.1% in the 4th quarter. Versant Capital Management Inc now owns 428 shares of the business services provider’s stock valued at $40,000 after purchasing an additional 193 shares during the period. Quarry LP boosted its stake in TransUnion by 963.0% in the 2nd 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 period. True Wealth Design LLC boosted its stake in TransUnion by 4,590.0% in the 3rd quarter. True Wealth Design LLC now owns 469 shares of the business services provider’s stock valued at $49,000 after purchasing an additional 459 shares during the period. Finally, 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 valued at $66,000 after purchasing an additional 166 shares during the period.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on TRU. The Goldman Sachs Group boosted their price target on TransUnion from $97.00 to $109.00 and gave the company a “neutral” rating in a research note on Wednesday, October 2nd. Wells Fargo & Company reduced their price target on TransUnion from $135.00 to $126.00 and set an “overweight” rating for the company in a research note on Friday. Royal Bank of Canada restated an “outperform” rating and issued a $121.00 price target on shares of TransUnion in a research note on Thursday, October 24th. UBS Group started coverage on TransUnion in a research note on Tuesday, October 1st. They issued a “neutral” rating and a $110.00 price target for the company. Finally, Stifel Nicolaus lifted their price objective on TransUnion from $103.00 to $120.00 and gave the company a “buy” rating in a report on Thursday, October 24th. Seven analysts have rated the stock with a hold rating and ten have given a buy rating to the company. Based on data from MarketBeat, TransUnion currently has an average rating of “Moderate Buy” and an average target price of $106.31.

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 that occurred on Thursday, January 2nd. The stock was sold at an average price of $93.60, for a total value of $93,600.00. Following the transaction, the insider now owns 59,488 shares in the company, valued at $5,568,076.80. This trade represents a 1.65 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Todd C. Skinner sold 3,090 shares of the firm’s stock in a transaction that occurred on Friday, November 29th. The shares were sold at an average price of $101.48, for a total value of $313,573.20. Following the completion of the transaction, the insider now owns 24,333 shares in the company, valued at $2,469,312.84. This represents a 11.27 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 19,090 shares of company stock valued at $1,916,758. Company insiders own 0.22% of the company’s stock.

TransUnion Trading Down 4.0 %

NYSE TRU opened at $86.55 on Monday. The business’s 50-day moving average price is $97.55 and its two-hundred day moving average price is $94.89. TransUnion has a 12 month low of $66.07 and a 12 month high of $113.17. The firm has a market capitalization of $16.87 billion, a PE ratio of 75.26, a price-to-earnings-growth ratio of 1.37 and a beta of 1.62. The company has a current ratio of 1.68, a quick ratio of 1.68 and a debt-to-equity ratio of 1.19.

TransUnion (NYSE:TRU) last announced its earnings results on Wednesday, October 23rd. The business services provider reported $1.04 EPS for the quarter, beating the consensus estimate of $1.01 by $0.03. TransUnion had a return on equity of 15.38% and a net margin of 5.47%. The company had revenue of $1.09 billion for the quarter, compared to analyst estimates of $1.06 billion. During the same quarter in the prior year, the company earned $0.80 EPS. The firm’s revenue for the quarter was up 12.0% compared to the same quarter last year. On average, analysts expect that TransUnion will post 3.44 EPS for the current year.

TransUnion Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 9th. Shareholders of record on Friday, November 22nd were paid a $0.105 dividend. The ex-dividend date was Friday, November 22nd. This represents a $0.42 dividend on an annualized basis and a yield of 0.49%. TransUnion’s dividend payout ratio (DPR) is presently 36.52%.

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.