3,149 Shares in TransUnion (NYSE:TRU) Purchased by Merit Financial Group LLC

Merit Financial Group LLC purchased a new stake in shares of TransUnion (NYSE:TRU) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 3,149 shares of the business services provider’s stock, valued at approximately $292,000.

Other large investors also recently bought and sold shares of the company. American Century Companies Inc. boosted its position in TransUnion by 4.1% during the second quarter. American Century Companies Inc. now owns 9,107 shares of the business services provider’s stock worth $675,000 after purchasing an additional 361 shares in the last quarter. Mercer Global Advisors Inc. ADV increased its holdings in TransUnion by 4.7% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 7,412 shares of the business services provider’s stock worth $576,000 after acquiring an additional 334 shares in the last quarter. Sei Investments Co. raised its position in TransUnion by 26.3% during the second quarter. Sei Investments Co. now owns 57,880 shares of the business services provider’s stock worth $4,292,000 after acquiring an additional 12,053 shares during the period. Xponance Inc. lifted its holdings in TransUnion by 1.9% during the second quarter. Xponance Inc. now owns 17,861 shares of the business services provider’s stock valued at $1,325,000 after purchasing an additional 333 shares in the last quarter. Finally, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp grew its position in shares of TransUnion by 60.8% in the second quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 37,198 shares of the business services provider’s stock valued at $2,759,000 after purchasing an additional 14,071 shares during the period.

TransUnion Stock Performance

NYSE:TRU opened at $95.41 on Friday. TransUnion has a fifty-two week low of $66.07 and a fifty-two week high of $113.17. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.68 and a current ratio of 1.68. The company has a 50 day moving average price of $95.88 and a 200 day moving average price of $96.24. The stock has a market capitalization of $18.60 billion, a P/E ratio of 82.97, a PEG ratio of 1.16 and a beta of 1.62.

TransUnion (NYSE:TRU) last released its quarterly earnings results on Wednesday, October 23rd. The business services provider reported $1.04 EPS for the quarter, topping 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 business had revenue of $1.09 billion during the quarter, compared to analyst estimates of $1.06 billion. During the same period last year, the business posted $0.80 earnings per share. The company’s quarterly revenue was up 12.0% on a year-over-year basis. Equities research analysts forecast that TransUnion will post 3.44 EPS for the current year.

TransUnion Dividend Announcement

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

Analysts Set New Price Targets

Several research firms recently weighed in on TRU. UBS Group started coverage on shares of TransUnion in a research report on Tuesday, October 1st. They set a “neutral” rating and a $110.00 price target for the company. The Goldman Sachs Group lifted their price target on TransUnion from $97.00 to $109.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 2nd. Jefferies Financial Group lowered their price target on shares of TransUnion from $125.00 to $115.00 and set a “buy” rating on the stock in a research report on Wednesday, January 15th. Needham & Company LLC reissued a “hold” rating on shares of TransUnion in a research note on Thursday, January 16th. Finally, Wolfe Research raised TransUnion from a “peer perform” rating to an “outperform” rating and set a $130.00 price objective on the stock in a research note on Thursday, October 10th. Six analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $108.19.

Insiders Place Their Bets

In other TransUnion news, Director George M. Awad sold 12,000 shares of the firm’s stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $100.00, for a total value of $1,200,000.00. Following the completion of the transaction, the director now owns 27,026 shares of the company’s stock, valued at $2,702,600. This trade represents a 30.75 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider Steven M. Chaouki sold 1,000 shares of the company’s stock in a transaction 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 sale, the insider now directly owns 59,488 shares in the company, valued at $5,568,076.80. This represents a 1.65 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 19,090 shares of company stock worth $1,916,758 over the last three months. Company insiders own 0.22% of the company’s stock.

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.