Vinva Investment Management Ltd boosted its holdings in shares of TransUnion (NYSE:TRU – Free Report) by 97.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 15,659 shares of the business services provider’s stock after purchasing an additional 7,738 shares during the period. Vinva Investment Management Ltd’s holdings in TransUnion were worth $1,627,000 as of its most recent SEC filing.
A number of other institutional investors also recently added to or reduced their stakes in TRU. PEAK6 Investments LLC lifted its position in shares of TransUnion by 469.6% during the 3rd quarter. PEAK6 Investments LLC now owns 142,317 shares of the business services provider’s stock worth $14,901,000 after buying an additional 117,333 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in TransUnion by 12.3% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,180,036 shares of the business services provider’s stock worth $123,550,000 after acquiring an additional 129,547 shares in the last quarter. Townsquare Capital LLC lifted its holdings in shares of TransUnion by 1.0% during the third quarter. Townsquare Capital LLC now owns 10,211 shares of the business services provider’s stock valued at $1,069,000 after acquiring an additional 100 shares during the period. Thematics Asset Management lifted its holdings in shares of TransUnion by 19.3% during the third quarter. Thematics Asset Management now owns 213,000 shares of the business services provider’s stock valued at $22,301,000 after acquiring an additional 34,500 shares during the period. Finally, BNP Paribas Financial Markets boosted its stake in shares of TransUnion by 89.6% in the 3rd quarter. BNP Paribas Financial Markets now owns 95,019 shares of the business services provider’s stock valued at $9,948,000 after purchasing an additional 44,916 shares in the last quarter.
Wall Street Analyst Weigh In
TRU has been the subject of a number of recent analyst reports. Morgan Stanley increased their target price on shares of TransUnion from $103.00 to $119.00 and gave the stock an “overweight” rating in a research report on Thursday, October 24th. Stifel Nicolaus lifted their target price on shares of TransUnion from $103.00 to $120.00 and gave the company a “buy” rating in a research note on Thursday, October 24th. Wells Fargo & Company boosted their target price on TransUnion from $125.00 to $135.00 and gave the stock an “overweight” rating in a report on Thursday, October 24th. Oppenheimer dropped 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. Finally, The Goldman Sachs Group boosted their price objective on TransUnion from $97.00 to $109.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 2nd. Seven research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $106.38.
TransUnion Price Performance
Shares of NYSE TRU opened at $101.50 on Friday. The company has a fifty day moving average price of $103.61 and a 200 day moving average price of $90.25. TransUnion has a 1-year low of $57.80 and a 1-year high of $113.17. The firm has a market cap of $19.78 billion, a PE ratio of 88.26, a PEG ratio of 1.40 and a beta of 1.62. The company has a current ratio of 1.68, a quick ratio of 1.68 and a debt-to-equity ratio of 1.19.
TransUnion (NYSE:TRU – Get Free Report) last posted its quarterly earnings data 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. The company had revenue of $1.09 billion during the quarter, compared to the consensus estimate of $1.06 billion. TransUnion had a net margin of 5.47% and a return on equity of 15.38%. The company’s quarterly revenue was up 12.0% on a year-over-year basis. During the same period in the prior year, the business posted $0.80 EPS. Research analysts predict that TransUnion will post 3.44 earnings per share for the current fiscal year.
TransUnion Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 9th. Stockholders of record on Friday, November 22nd will be paid a dividend of $0.105 per share. The ex-dividend date of this dividend is Friday, November 22nd. This represents a $0.42 annualized dividend and a dividend yield of 0.41%. TransUnion’s dividend payout ratio is presently 36.52%.
Insider Activity
In other TransUnion news, insider Steven M. Chaouki sold 1,500 shares of the company’s stock in a transaction on Friday, November 8th. The shares were sold at an average price of $105.66, for a total value of $158,490.00. Following the transaction, the insider now directly owns 62,988 shares in the company, valued at $6,655,312.08. The trade was a 2.33 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Timothy J. Martin sold 2,500 shares of the firm’s stock in a transaction dated Tuesday, September 3rd. The stock was sold at an average price of $95.65, for a total transaction of $239,125.00. Following the sale, the executive vice president now owns 49,239 shares of the company’s stock, valued at approximately $4,709,710.35. This represents a 4.83 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 19,500 shares of company stock valued at $1,954,740. 0.22% of the stock is 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.
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