Sumitomo Mitsui DS Asset Management Company Ltd Buys 3,753 Shares of TransUnion (NYSE:TRU)

Sumitomo Mitsui DS Asset Management Company Ltd raised its stake in shares of TransUnion (NYSE:TRU) by 24.0% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 19,410 shares of the business services provider’s stock after purchasing an additional 3,753 shares during the quarter. Sumitomo Mitsui DS Asset Management Company Ltd’s holdings in TransUnion were worth $2,032,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in the stock. GAMMA Investing LLC increased its stake in TransUnion by 32.9% during the first quarter. GAMMA Investing LLC now owns 573 shares of the business services provider’s stock valued at $46,000 after acquiring an additional 142 shares during the period. Hengehold Capital Management LLC bought a new stake in shares of TransUnion during the first quarter valued at approximately $216,000. Toth Financial Advisory Corp raised its stake in shares of TransUnion by 23.5% in the first quarter. Toth Financial Advisory Corp now owns 60,167 shares of the business services provider’s stock valued at $4,801,000 after purchasing an additional 11,467 shares in the last quarter. Principal Financial Group Inc. lifted its position in TransUnion by 31.9% in the first quarter. Principal Financial Group Inc. now owns 16,609 shares of the business services provider’s stock worth $1,325,000 after purchasing an additional 4,021 shares during the period. Finally, HB Wealth Management LLC boosted its stake in TransUnion by 7.0% during the first quarter. HB Wealth Management LLC now owns 5,396 shares of the business services provider’s stock worth $431,000 after buying an additional 352 shares in the last quarter.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on TRU shares. Robert W. Baird increased their price objective on shares of TransUnion from $94.00 to $104.00 and gave the company an “outperform” rating in a research note on Friday, July 26th. Wells Fargo & Company raised their price target on shares of TransUnion from $100.00 to $125.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 2nd. Royal Bank of Canada upped their price objective on TransUnion from $85.00 to $106.00 and gave the company an “outperform” rating in a research note on Friday, July 26th. Needham & Company LLC lowered TransUnion from a “buy” rating to a “hold” rating in a research note on Wednesday, August 28th. Finally, UBS Group initiated coverage on TransUnion in a research report on Tuesday, October 1st. They issued a “neutral” rating and a $110.00 price target on the stock. Seven investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. Based on data from MarketBeat, TransUnion presently has a consensus rating of “Moderate Buy” and a consensus target price of $98.71.

TransUnion Trading Down 0.4 %

Shares of NYSE TRU opened at $107.48 on Tuesday. TransUnion has a 1-year low of $42.09 and a 1-year high of $108.56. The company has a 50-day moving average of $100.41 and a two-hundred day moving average of $85.01. The company has a market cap of $20.88 billion, a PE ratio of -84.63, a P/E/G ratio of 1.40 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 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 firm had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $1.02 billion. TransUnion had a positive return on equity of 15.03% and a negative net margin of 6.11%. The business’s revenue for the quarter was up 7.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.76 EPS. As a group, equities analysts expect that TransUnion will post 3.46 earnings per share for the current fiscal year.

TransUnion Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 9th. Shareholders of record on Friday, August 23rd were issued a dividend of $0.105 per share. The ex-dividend date was Friday, August 23rd. This represents a $0.42 annualized dividend and a yield of 0.39%. TransUnion’s dividend payout ratio is currently -33.07%.

Insider Buying and Selling at TransUnion

In other news, EVP Timothy J. Martin sold 2,500 shares of TransUnion stock in a transaction that occurred on Tuesday, October 1st. The shares were sold at an average price of $104.59, for a total transaction of $261,475.00. Following the completion of the sale, the executive vice president now owns 46,739 shares in the company, valued at $4,888,432.01. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In other TransUnion news, insider Steven M. Chaouki sold 1,000 shares of the stock in a transaction dated Tuesday, September 3rd. The stock was sold at an average price of $95.65, for a total value of $95,650.00. Following the transaction, the insider now owns 64,488 shares of the company’s stock, valued at approximately $6,168,277.20. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Timothy J. Martin sold 2,500 shares of the firm’s stock in a transaction dated Tuesday, October 1st. The stock was sold at an average price of $104.59, for a total value of $261,475.00. Following the transaction, the executive vice president now owns 46,739 shares in the company, valued at approximately $4,888,432.01. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 13,715 shares of company stock worth $1,299,729. 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.