Natixis Advisors LLC lifted its stake in shares of TransUnion (NYSE:TRU – Free Report) by 1.8% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 23,095 shares of the business services provider’s stock after acquiring an additional 399 shares during the period. Natixis Advisors LLC’s holdings in TransUnion were worth $2,418,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also bought and sold shares of the company. O Shaughnessy Asset Management LLC grew its stake in shares of TransUnion by 14.8% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 4,196 shares of the business services provider’s stock valued at $335,000 after buying an additional 542 shares during the period. UniSuper Management Pty Ltd increased its holdings in shares of TransUnion by 100.0% during the first quarter. UniSuper Management Pty Ltd now owns 2,800 shares of the business services provider’s stock valued at $223,000 after acquiring an additional 1,400 shares in the last quarter. Bayesian Capital Management LP acquired a new position in shares of TransUnion during the first quarter worth approximately $804,000. Janus Henderson Group PLC lifted its holdings in shares of TransUnion by 4.2% in the 1st quarter. Janus Henderson Group PLC now owns 2,821,018 shares of the business services provider’s stock worth $225,117,000 after purchasing an additional 113,124 shares in the last quarter. Finally, Jacobs Levy Equity Management Inc. grew its position in TransUnion by 106.8% in the 1st quarter. Jacobs Levy Equity Management Inc. now owns 624,517 shares of the business services provider’s stock valued at $49,836,000 after purchasing an additional 322,492 shares during the period.
Analysts Set New Price Targets
Several equities research analysts have recently commented on the stock. Barclays boosted their target price on shares of TransUnion from $80.00 to $105.00 and gave the stock an “equal weight” rating in a research report on Friday, September 13th. UBS Group initiated coverage on TransUnion in a report on Tuesday, October 1st. They issued a “neutral” rating and a $110.00 target price on the stock. Oppenheimer decreased their price target on TransUnion from $122.00 to $115.00 and set an “outperform” rating for the company in a report on Wednesday, November 20th. Stifel Nicolaus raised their price objective on TransUnion from $103.00 to $120.00 and gave the company a “buy” rating in a research note on Thursday, October 24th. Finally, Needham & Company LLC reiterated a “hold” rating on shares of TransUnion in a research note on Thursday, October 24th. Seven analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to data from MarketBeat.com, TransUnion has an average rating of “Moderate Buy” and an average target price of $106.38.
Insider Buying and Selling
In other TransUnion news, insider Steven M. Chaouki sold 1,000 shares of TransUnion stock in a transaction dated Tuesday, September 3rd. The stock was sold at an average price of $95.65, for a total transaction of $95,650.00. Following the completion of the sale, the insider now owns 64,488 shares of the company’s stock, valued at $6,168,277.20. The trade was a 1.53 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, 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 transaction, the chief accounting officer now directly owns 7,186 shares in the company, valued at approximately $686,837.88. This represents a 5.34 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 11,078 shares of company stock worth $1,096,725. Insiders own 0.22% of the company’s stock.
TransUnion Price Performance
TRU stock opened at $99.13 on Monday. The firm has a 50 day moving average of $103.67 and a 200-day moving average of $89.77. The company has a current ratio of 1.68, a quick ratio of 1.68 and a debt-to-equity ratio of 1.19. The firm has a market capitalization of $19.32 billion, a P/E ratio of 86.20, a price-to-earnings-growth ratio of 1.37 and a beta of 1.62. TransUnion has a 12 month low of $56.85 and a 12 month high of $113.17.
TransUnion (NYSE:TRU – Get Free Report) last released its quarterly earnings results on Wednesday, October 23rd. The business services provider reported $1.04 EPS for the quarter, beating analysts’ consensus estimates of $1.01 by $0.03. TransUnion had a net margin of 5.47% and a return on equity of 15.38%. The firm had revenue of $1.09 billion during the quarter, compared to analyst estimates of $1.06 billion. During the same period in the previous year, the business earned $0.80 EPS. The business’s revenue for the quarter was up 12.0% on a year-over-year basis. As a group, sell-side analysts predict that TransUnion will post 3.46 earnings per share for the current fiscal year.
TransUnion Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 9th. Stockholders of record on Friday, November 22nd will be issued a dividend of $0.105 per share. This represents a $0.42 annualized dividend and a dividend yield of 0.42%. The ex-dividend date of this dividend is Friday, November 22nd. TransUnion’s payout ratio is 36.52%.
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.
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