Everence Capital Management Inc. Invests $251,000 in TransUnion (NYSE:TRU)

Everence Capital Management Inc. acquired a new stake in shares of TransUnion (NYSE:TRU) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 2,710 shares of the business services provider’s stock, valued at approximately $251,000.

Other hedge funds also recently bought and sold shares of the company. Massachusetts Financial Services Co. MA increased its stake in TransUnion by 17.4% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 19,180,562 shares of the business services provider’s stock worth $2,008,205,000 after purchasing an additional 2,840,800 shares during the period. FMR LLC boosted its position in TransUnion by 307.7% during the 3rd quarter. FMR LLC now owns 4,540,896 shares of the business services provider’s stock valued at $475,432,000 after buying an additional 3,427,199 shares during the period. Wellington Management Group LLP grew its holdings in TransUnion by 16.8% in the 3rd quarter. Wellington Management Group LLP now owns 4,426,510 shares of the business services provider’s stock worth $463,456,000 after acquiring an additional 635,581 shares during the last quarter. Janus Henderson Group PLC increased its position in shares of TransUnion by 2.4% in the third quarter. Janus Henderson Group PLC now owns 3,154,262 shares of the business services provider’s stock valued at $330,251,000 after acquiring an additional 75,410 shares during the period. Finally, Geode Capital Management LLC raised its stake in shares of TransUnion by 1.6% during the third quarter. Geode Capital Management LLC now owns 3,026,934 shares of the business services provider’s stock valued at $316,135,000 after acquiring an additional 47,663 shares during the last quarter.

TransUnion Stock Down 0.1 %

Shares of TransUnion stock opened at $90.07 on Thursday. TransUnion has a 52-week low of $65.65 and a 52-week high of $113.17. The company has a 50-day simple moving average of $98.30 and a two-hundred day simple moving average of $94.74. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.68 and a current ratio of 1.68. The stock has a market capitalization of $17.55 billion, a PE ratio of 78.32, a price-to-earnings-growth ratio of 1.37 and a beta of 1.62.

TransUnion (NYSE:TRU) last issued its earnings results on Wednesday, October 23rd. The business services provider reported $1.04 earnings per share for the quarter, topping analysts’ consensus estimates of $1.01 by $0.03. The business had revenue of $1.09 billion during the quarter, compared to analyst estimates of $1.06 billion. TransUnion had a return on equity of 15.38% and a net margin of 5.47%. TransUnion’s revenue was up 12.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.80 EPS. On average, analysts anticipate that TransUnion will post 3.44 EPS for the current fiscal year.

TransUnion Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, December 9th. Shareholders of record on Friday, November 22nd were paid a dividend of $0.105 per share. The ex-dividend date of this dividend was Friday, November 22nd. This represents a $0.42 dividend on an annualized basis and a yield of 0.47%. TransUnion’s dividend payout ratio is presently 36.52%.

Analyst Upgrades and Downgrades

TRU has been the topic of a number of research analyst reports. Wolfe Research upgraded TransUnion from a “peer perform” rating to an “outperform” rating and set a $130.00 price target on the stock in a report on Thursday, October 10th. Barclays upped their target price on TransUnion from $80.00 to $105.00 and gave the company an “equal weight” rating in a report on Friday, September 13th. Morgan Stanley boosted their price objective on shares of TransUnion from $119.00 to $130.00 and gave the company an “overweight” rating in a research report on Thursday, December 12th. Wells Fargo & Company raised their target price on shares of TransUnion from $125.00 to $135.00 and gave the stock an “overweight” rating in a research report on Thursday, October 24th. Finally, Oppenheimer reduced their price target on shares of TransUnion from $115.00 to $112.00 and set an “outperform” rating on the stock in a research report on Tuesday. Seven research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $106.88.

Insider Activity

In related news, insider Todd C. Skinner sold 3,090 shares of the firm’s stock in a transaction that occurred on Friday, November 29th. The shares were sold at an average price of $101.48, for a total value of $313,573.20. Following the transaction, the insider now owns 24,333 shares of the company’s stock, valued at approximately $2,469,312.84. This trade represents a 11.27 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Steven M. Chaouki sold 1,000 shares of the business’s stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of $93.60, for a total transaction of $93,600.00. Following the sale, the insider now owns 59,488 shares of the company’s stock, valued at $5,568,076.80. This trade represents a 1.65 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 19,090 shares of company stock valued at $1,916,758 in the last ninety days. 0.28% of the stock is currently owned by company insiders.

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.