TransUnion (NYSE:TRU) Stake Lessened by Rovin Capital UT ADV

Rovin Capital UT ADV cut its position in shares of TransUnion (NYSE:TRU) by 13.7% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 8,064 shares of the business services provider’s stock after selling 1,277 shares during the quarter. Rovin Capital UT ADV’s holdings in TransUnion were worth $844,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of TRU. Massachusetts Financial Services Co. MA boosted its position in shares of TransUnion by 32.2% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 16,339,762 shares of the business services provider’s stock valued at $1,211,757,000 after purchasing an additional 3,977,595 shares during the period. Price T Rowe Associates Inc. MD lifted its stake in TransUnion by 51.8% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 6,755,729 shares of the business services provider’s stock worth $539,108,000 after acquiring an additional 2,306,596 shares in the last quarter. CCLA Investment Management boosted its position in TransUnion by 104,813.6% during the 1st quarter. CCLA Investment Management now owns 1,947,196 shares of the business services provider’s stock worth $153,454,000 after acquiring an additional 1,945,340 shares during the period. XN LP grew its stake in TransUnion by 194.7% during the 2nd quarter. XN LP now owns 1,973,684 shares of the business services provider’s stock valued at $146,368,000 after acquiring an additional 1,303,996 shares in the last quarter. Finally, Ninety One UK Ltd lifted its position in shares of TransUnion by 37.4% in the second quarter. Ninety One UK Ltd now owns 2,566,928 shares of the business services provider’s stock worth $190,363,000 after purchasing an additional 698,580 shares in the last quarter.

Insider Buying and Selling at TransUnion

In other news, EVP Timothy J. Martin sold 2,500 shares of the stock in a transaction on Tuesday, October 1st. The stock was sold at an average price of $104.59, for a total transaction of $261,475.00. Following the sale, the executive vice president now owns 46,739 shares in the company, valued at approximately $4,888,432.01. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other TransUnion news, EVP Timothy J. Martin sold 2,500 shares of the 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 of the company’s stock, valued at approximately $4,888,432.01. 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, insider Steven M. Chaouki sold 1,000 shares of the company’s stock in a transaction on Tuesday, September 3rd. The shares were 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 approximately $6,168,277.20. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 9,815 shares of company stock worth $961,407 over the last ninety days. Corporate insiders own 0.22% of the company’s stock.

TransUnion Stock Up 0.2 %

Shares of TRU opened at $106.62 on Friday. 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 company has a 50-day moving average price of $103.02 and a two-hundred day moving average price of $87.84. The stock has a market cap of $20.78 billion, a price-to-earnings ratio of 92.71, a P/E/G ratio of 1.42 and a beta of 1.62. TransUnion has a 12 month low of $51.40 and a 12 month high of $113.17.

TransUnion (NYSE:TRU) last announced its quarterly earnings results on Wednesday, October 23rd. The business services provider reported $1.04 EPS for the quarter, beating the consensus estimate of $1.01 by $0.03. TransUnion had a return on equity of 15.38% and a net margin of 5.47%. The business had revenue of $1.09 billion for the quarter, compared to analyst estimates of $1.06 billion. During the same quarter in the previous year, the firm earned $0.80 EPS. TransUnion’s quarterly revenue was up 12.0% on a year-over-year basis. Equities analysts predict that TransUnion will post 3.46 EPS for the current fiscal year.

TransUnion Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, December 9th. Investors 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 yield of 0.39%. The ex-dividend date of this dividend is Friday, November 22nd. TransUnion’s dividend payout ratio is currently 36.52%.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the stock. The Goldman Sachs Group upped their price objective on shares of TransUnion from $97.00 to $109.00 and gave the company a “neutral” rating in a research note on Wednesday, October 2nd. UBS Group assumed coverage on TransUnion in a report on Tuesday, October 1st. They set a “neutral” rating and a $110.00 price objective for the company. Morgan Stanley lifted their price target on TransUnion from $103.00 to $119.00 and gave the company an “overweight” rating in a report on Thursday, October 24th. Wells Fargo & Company lifted their target price on shares of TransUnion from $125.00 to $135.00 and gave the company an “overweight” rating in a research note on Thursday, October 24th. Finally, Stifel Nicolaus upped their price objective on shares of TransUnion from $103.00 to $120.00 and gave the stock a “buy” rating in a report on Thursday, October 24th. Seven research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. Based on data from MarketBeat, TransUnion has an average rating of “Moderate Buy” and an average target price of $104.53.

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.