Dimensional Fund Advisors LP Boosts Stock Position in TransUnion (NYSE:TRU)

Dimensional Fund Advisors LP grew its stake in shares of TransUnion (NYSE:TRU) by 11.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,521,270 shares of the business services provider’s stock after acquiring an additional 161,791 shares during the period. Dimensional Fund Advisors LP owned 0.78% of TransUnion worth $112,824,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Larson Financial Group LLC lifted its position in shares of TransUnion by 237.5% during the first quarter. Larson Financial Group LLC now owns 486 shares of the business services provider’s stock worth $39,000 after acquiring an additional 342 shares in the last quarter. GAMMA Investing LLC raised its position in shares of TransUnion by 32.9% in the first quarter. GAMMA Investing LLC now owns 573 shares of the business services provider’s stock worth $46,000 after buying an additional 142 shares in the last quarter. National Bank of Canada FI raised its position in shares of TransUnion by 22.3% in the second quarter. National Bank of Canada FI now owns 910 shares of the business services provider’s stock worth $66,000 after buying an additional 166 shares in the last quarter. Blue Trust Inc. raised its position in shares of TransUnion by 156.6% in the second quarter. Blue Trust Inc. now owns 857 shares of the business services provider’s stock worth $68,000 after buying an additional 523 shares in the last quarter. Finally, Assetmark Inc. raised its position in shares of TransUnion by 48.6% in the fourth quarter. Assetmark Inc. now owns 1,030 shares of the business services provider’s stock worth $71,000 after buying an additional 337 shares in the last quarter.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on the company. Morgan Stanley increased their price objective on TransUnion from $96.00 to $103.00 and gave the stock an “overweight” rating in a research report on Thursday, September 12th. Wells Fargo & Company upgraded TransUnion to a “strong-buy” rating in a research report on Tuesday, August 13th. The Goldman Sachs Group increased their price objective on TransUnion from $87.00 to $97.00 and gave the stock a “neutral” rating in a research report on Tuesday, August 20th. Robert W. Baird increased their target price on TransUnion from $94.00 to $104.00 and gave the company an “outperform” rating in a research note on Friday, July 26th. Finally, 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 research note on Friday, July 26th. 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 stock. According to MarketBeat.com, TransUnion currently has an average rating of “Moderate Buy” and an average price target of $92.00.

TransUnion Stock Down 0.1 %

Shares of NYSE:TRU opened at $105.06 on Tuesday. The stock’s 50-day moving average price is $91.52 and its 200-day moving average price is $81.22. TransUnion has a 12-month low of $42.09 and a 12-month high of $106.67. The stock has a market capitalization of $20.40 billion, a P/E ratio of -73.47, a price-to-earnings-growth ratio of 1.35 and a beta of 1.62. The company has a current ratio of 1.66, a quick ratio of 1.66 and a debt-to-equity ratio of 1.22.

TransUnion (NYSE:TRU) last posted its earnings results 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 for the quarter, compared to analysts’ expectations of $1.02 billion. TransUnion had a positive return on equity of 15.03% and a negative net margin of 6.11%. TransUnion’s quarterly revenue was up 7.5% on a year-over-year basis. During the same period last year, the firm earned $0.76 earnings per share. On average, equities analysts anticipate that TransUnion will post 3.44 earnings per share for the current year.

TransUnion Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 9th. Shareholders of record on Friday, August 23rd were issued a $0.105 dividend. The ex-dividend date was Friday, August 23rd. This represents a $0.42 annualized dividend and a yield of 0.40%. TransUnion’s dividend payout ratio (DPR) is presently -29.37%.

Insiders Place Their Bets

In other TransUnion news, CAO Jennifer A. Williams sold 405 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 $38,709.90. Following the completion of the sale, the chief accounting officer now directly owns 7,186 shares in the company, valued at $686,837.88. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other news, insider Steven M. Chaouki sold 1,000 shares of TransUnion stock in a transaction that occurred on Monday, July 1st. The shares were sold at an average price of $74.27, for a total transaction of $74,270.00. Following the completion of the transaction, the insider now directly owns 70,547 shares in the company, valued at $5,239,525.69. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Jennifer A. Williams sold 405 shares of the firm’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 transaction of $38,709.90. Following the sale, the chief accounting officer now directly owns 7,186 shares of the company’s stock, valued at approximately $686,837.88. The disclosure for this sale can be found here. Insiders sold 25,080 shares of company stock worth $2,141,724 over the last three months. Company insiders own 0.22% of the company’s stock.

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.