TransUnion (NYSE:TRU) Shares Acquired by Assenagon Asset Management S.A.

Assenagon Asset Management S.A. increased its stake in shares of TransUnion (NYSE:TRU) by 22.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 26,308 shares of the business services provider’s stock after buying an additional 4,743 shares during the quarter. Assenagon Asset Management S.A.’s holdings in TransUnion were worth $2,439,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in TRU. Huntington National Bank grew its stake in TransUnion by 84.5% during the 3rd quarter. Huntington National Bank now owns 286 shares of the business services provider’s stock valued at $30,000 after purchasing an additional 131 shares during the last quarter. Versant Capital Management Inc raised its stake in shares of TransUnion by 82.1% in the fourth quarter. Versant Capital Management Inc now owns 428 shares of the business services provider’s stock worth $40,000 after purchasing an additional 193 shares during the last quarter. Quarry LP lifted its holdings in shares of TransUnion by 963.0% during the second quarter. Quarry LP now owns 574 shares of the business services provider’s stock worth $43,000 after purchasing an additional 520 shares during the period. True Wealth Design LLC boosted its position in TransUnion by 4,590.0% in the third quarter. True Wealth Design LLC now owns 469 shares of the business services provider’s stock valued at $49,000 after buying an additional 459 shares during the last quarter. Finally, Signaturefd LLC boosted its position in TransUnion by 15.0% in the third quarter. Signaturefd LLC now owns 788 shares of the business services provider’s stock valued at $83,000 after buying an additional 103 shares during the last quarter.

Insiders Place Their Bets

In related news, insider Steven M. Chaouki sold 1,000 shares of the company’s stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $93.60, for a total transaction of $93,600.00. Following the completion of the sale, the insider now owns 59,488 shares of the company’s stock, valued at approximately $5,568,076.80. This represents a 1.65 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director George M. Awad sold 12,000 shares of the firm’s stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $100.00, for a total transaction of $1,200,000.00. Following the completion of the transaction, the director now directly owns 27,026 shares in the company, valued at $2,702,600. This trade represents a 30.75 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 19,090 shares of company stock worth $1,916,758. Corporate insiders own 0.28% of the company’s stock.

TransUnion Price Performance

TransUnion stock opened at $95.99 on Thursday. The stock has a market capitalization of $18.71 billion, a P/E ratio of 83.47, a P/E/G ratio of 1.15 and a beta of 1.62. The company’s fifty day moving average price is $95.95 and its 200 day moving average price is $95.97. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.68 and a current ratio of 1.68. TransUnion has a 1 year low of $66.07 and a 1 year high of $113.17.

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

TransUnion Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 9th. Investors of record on Friday, November 22nd were issued a $0.105 dividend. This represents a $0.42 annualized dividend and a yield of 0.44%. The ex-dividend date of this dividend was Friday, November 22nd. TransUnion’s payout ratio is 36.52%.

Analysts Set New Price Targets

TRU has been the subject of a number of recent research reports. Wells Fargo & Company reduced their price target on shares of TransUnion from $135.00 to $126.00 and set an “overweight” rating for the company in a research report on Friday, January 10th. The Goldman Sachs Group raised their target price on shares of TransUnion from $97.00 to $109.00 and gave the stock a “neutral” rating in a report on Wednesday, October 2nd. Stifel Nicolaus upped their price target on shares of TransUnion from $103.00 to $120.00 and gave the company a “buy” rating in a report on Thursday, October 24th. Jefferies Financial Group reduced their price objective on TransUnion from $125.00 to $115.00 and set a “buy” rating for the company in a research note on Wednesday, January 15th. Finally, Royal Bank of Canada reissued an “outperform” rating and issued a $121.00 price objective on shares of TransUnion in a report on Thursday, October 24th. Seven equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $108.19.

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.