TransUnion (NYSE:TRU) Shares Acquired by Heron Bay Capital Management

Heron Bay Capital Management increased its holdings in shares of TransUnion (NYSE:TRU) by 2.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 178,144 shares of the business services provider’s stock after acquiring an additional 4,961 shares during the period. TransUnion makes up approximately 2.8% of Heron Bay Capital Management’s portfolio, making the stock its 12th biggest holding. Heron Bay Capital Management owned 0.09% of TransUnion worth $13,211,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of TRU. Capital International Investors purchased a new position in shares of TransUnion in the 4th quarter valued at about $663,001,000. Massachusetts Financial Services Co. MA lifted its position in shares of TransUnion by 32.2% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 16,339,762 shares of the business services provider’s stock valued at $1,211,757,000 after acquiring an additional 3,977,595 shares during the period. Price T Rowe Associates Inc. MD boosted its stake in shares of TransUnion by 51.8% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 6,755,729 shares of the business services provider’s stock worth $539,108,000 after acquiring an additional 2,306,596 shares in the last quarter. CCLA Investment Management grew its holdings in shares of TransUnion by 104,813.6% in the 1st quarter. CCLA Investment Management now owns 1,947,196 shares of the business services provider’s stock worth $153,454,000 after acquiring an additional 1,945,340 shares during the period. Finally, Meritage Group LP increased its stake in TransUnion by 56.5% in the 4th quarter. Meritage Group LP now owns 5,030,424 shares of the business services provider’s stock valued at $345,640,000 after purchasing an additional 1,815,540 shares in the last quarter.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the company. Needham & Company LLC cut TransUnion from a “buy” rating to a “hold” rating in a research report on Wednesday, August 28th. Royal Bank of Canada increased their target price on TransUnion from $85.00 to $106.00 and gave the company an “outperform” rating in a report on Friday, July 26th. Morgan Stanley raised their price target on TransUnion from $96.00 to $103.00 and gave the stock an “overweight” rating in a research report on Thursday, September 12th. Wolfe Research started coverage on TransUnion in a research report on Tuesday, July 9th. They issued a “peer perform” rating on the stock. Finally, Barclays boosted their target price on shares of TransUnion from $80.00 to $105.00 and gave the company an “equal weight” rating in a research note on Friday, September 13th. Seven equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $92.00.

Insider Activity at TransUnion

In other TransUnion news, insider Steven M. Chaouki sold 1,000 shares of the stock in a transaction that occurred on Monday, July 1st. The shares were sold at an average price of $74.27, for a total value of $74,270.00. Following the completion of the sale, the insider now owns 70,547 shares of the company’s stock, valued at $5,239,525.69. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other TransUnion news, CFO Todd M. Cello sold 12,865 shares of the business’s stock in a transaction on Friday, July 12th. The shares were sold at an average price of $80.00, for a total value of $1,029,200.00. Following the transaction, the chief financial officer now owns 101,426 shares in the company, valued at approximately $8,114,080. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Steven M. Chaouki sold 1,000 shares of the firm’s stock in a transaction dated Monday, July 1st. The shares were sold at an average price of $74.27, for a total value of $74,270.00. Following the sale, the insider now owns 70,547 shares of the company’s stock, valued at $5,239,525.69. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 25,080 shares of company stock worth $2,141,724. 0.22% of the stock is currently owned by company insiders.

TransUnion Stock Down 0.4 %

TRU opened at $105.14 on Friday. TransUnion has a 1 year low of $42.09 and a 1 year high of $106.49. The firm has a 50 day moving average price of $91.04 and a 200 day moving average price of $81.02. The company has a debt-to-equity ratio of 1.22, a quick ratio of 1.66 and a current ratio of 1.66. The company has a market cap of $20.42 billion, a PE ratio of -73.52, a price-to-earnings-growth ratio of 1.35 and a beta of 1.62.

TransUnion (NYSE:TRU) last released its quarterly earnings data on Thursday, July 25th. The business services provider reported $0.99 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.86 by $0.13. The company had revenue of $1.04 billion during the quarter, compared to analyst estimates of $1.02 billion. TransUnion had a negative net margin of 6.11% and a positive return on equity of 15.03%. The business’s quarterly revenue was up 7.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.76 earnings per share. Sell-side analysts expect that TransUnion will post 3.44 earnings per share for the current year.

TransUnion Announces Dividend

The business also recently announced 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 annualized dividend and a dividend yield of 0.40%. The ex-dividend date of this dividend was Friday, August 23rd. TransUnion’s payout ratio is -29.37%.

TransUnion 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.