Sequoia Financial Advisors LLC Buys New Position in TransUnion (NYSE:TRU)

Sequoia Financial Advisors LLC bought a new stake in shares of TransUnion (NYSE:TRU) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 3,327 shares of the business services provider’s stock, valued at approximately $348,000.

Other institutional investors have also added to or reduced their stakes in the company. Larson Financial Group LLC raised its stake in TransUnion by 237.5% during the 1st quarter. Larson Financial Group LLC now owns 486 shares of the business services provider’s stock worth $39,000 after buying an additional 342 shares during the period. Quarry LP increased its position in shares of TransUnion by 963.0% during the second quarter. Quarry LP now owns 574 shares of the business services provider’s stock valued at $43,000 after acquiring an additional 520 shares during the last quarter. Blue Trust Inc. increased its position in shares of TransUnion by 156.6% during the second quarter. Blue Trust Inc. now owns 857 shares of the business services provider’s stock valued at $68,000 after acquiring an additional 523 shares during the last quarter. National Bank of Canada FI increased its position in shares of TransUnion by 22.3% during the second quarter. National Bank of Canada FI now owns 910 shares of the business services provider’s stock valued at $66,000 after acquiring an additional 166 shares during the last quarter. Finally, GAMMA Investing LLC increased its position in shares of TransUnion by 84.9% during the third quarter. GAMMA Investing LLC now owns 956 shares of the business services provider’s stock valued at $100,000 after acquiring an additional 439 shares during the last quarter.

TransUnion Stock Performance

Shares of TRU opened at $103.68 on Tuesday. The company has a quick ratio of 1.68, a current ratio of 1.68 and a debt-to-equity ratio of 1.19. The business’s 50 day moving average price is $101.77 and its 200-day moving average price is $85.99. TransUnion has a 52 week low of $42.09 and a 52 week high of $113.17. The stock has a market cap of $20.13 billion, a P/E ratio of -72.50, a P/E/G ratio of 1.35 and a beta of 1.62.

TransUnion (NYSE:TRU) last issued its quarterly earnings results on Wednesday, October 23rd. The business services provider reported $1.04 EPS for the quarter, topping analysts’ consensus estimates of $1.01 by $0.03. TransUnion had a return on equity of 15.38% and a net margin of 5.47%. The firm had revenue of $1.09 billion for the quarter, compared to analysts’ expectations of $1.06 billion. During the same period in the previous year, the firm posted $0.80 EPS. The business’s revenue for the quarter was up 12.0% compared to the same quarter last year. Equities research analysts anticipate 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. Investors 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 dividend on an annualized basis and a yield of 0.41%. TransUnion’s payout ratio is currently -29.37%.

Wall Street Analyst Weigh In

TRU has been the subject of several research reports. UBS Group initiated coverage on TransUnion in a report on Tuesday, October 1st. They set a “neutral” rating and a $110.00 price objective for the company. Barclays raised their price target on TransUnion from $80.00 to $105.00 and gave the stock an “equal weight” rating in a report on Friday, September 13th. Oppenheimer lifted their price objective on TransUnion from $118.00 to $122.00 and gave the company an “outperform” rating in a research note on Thursday, October 24th. Needham & Company LLC reissued a “hold” rating on shares of TransUnion in a research note on Thursday, October 24th. Finally, The Goldman Sachs Group lifted their price objective on TransUnion from $97.00 to $109.00 and gave the company a “neutral” rating in a research note on Wednesday, October 2nd. Seven investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $104.53.

Insider Buying and Selling at TransUnion

In other TransUnion news, insider Steven M. Chaouki sold 1,000 shares of the business’s stock in a transaction on Thursday, August 1st. The shares were sold at an average price of $90.14, for a total transaction of $90,140.00. Following the completion of the sale, the insider now directly owns 69,547 shares in the company, valued at approximately $6,268,966.58. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, insider Steven M. Chaouki sold 1,000 shares of the company’s stock in a transaction on Thursday, August 1st. The stock was sold at an average price of $90.14, for a total value of $90,140.00. Following the completion of the sale, the insider now directly owns 69,547 shares in the company, valued at $6,268,966.58. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, insider Todd C. Skinner sold 2,900 shares of the company’s stock in a transaction on Thursday, August 8th. The stock was sold at an average price of $85.58, for a total value of $248,182.00. Following the completion of the sale, the insider now owns 27,729 shares of the company’s stock, valued at $2,373,047.82. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 13,715 shares of company stock worth $1,299,729. 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.