TransUnion (NYSE:TRU) Stock Holdings Increased by Nomura Asset Management Co. Ltd.

Nomura Asset Management Co. Ltd. grew its holdings in shares of TransUnion (NYSE:TRU) by 6.3% in the third quarter, according to its most recent filing with the SEC. The firm owned 55,660 shares of the business services provider’s stock after acquiring an additional 3,300 shares during the quarter. Nomura Asset Management Co. Ltd.’s holdings in TransUnion were worth $5,828,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Huntington National Bank lifted its holdings in TransUnion by 84.5% in the third quarter. Huntington National Bank now owns 286 shares of the business services provider’s stock worth $30,000 after purchasing an additional 131 shares during the period. Quarry LP lifted its stake in shares of TransUnion by 963.0% in the 2nd quarter. Quarry LP now owns 574 shares of the business services provider’s stock worth $43,000 after acquiring an additional 520 shares during the period. True Wealth Design LLC boosted its holdings in shares of TransUnion by 4,590.0% in the third quarter. True Wealth Design LLC now owns 469 shares of the business services provider’s stock valued at $49,000 after acquiring an additional 459 shares in the last quarter. National Bank of Canada FI increased its stake 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 period. Finally, Blue Trust Inc. raised its holdings in TransUnion by 156.6% during the second quarter. Blue Trust Inc. now owns 857 shares of the business services provider’s stock worth $68,000 after purchasing an additional 523 shares in the last quarter.

Analyst Ratings Changes

A number of brokerages have issued reports on TRU. Royal Bank of Canada reaffirmed an “outperform” rating and set a $121.00 price target on shares of TransUnion in a research note on Thursday, October 24th. Oppenheimer decreased their target price on TransUnion from $122.00 to $115.00 and set an “outperform” rating for the company in a research note on Wednesday, November 20th. Wolfe Research raised TransUnion from a “peer perform” rating to an “outperform” rating and set a $130.00 target price on the stock in a report on Thursday, October 10th. Wells Fargo & Company upped their price target on shares of TransUnion from $125.00 to $135.00 and gave the company an “overweight” rating in a report on Thursday, October 24th. Finally, Stifel Nicolaus lifted their price objective on shares of TransUnion from $103.00 to $120.00 and gave the stock a “buy” rating in a research note on Thursday, October 24th. Seven investment 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.com, the stock has an average rating of “Moderate Buy” and an average price target of $107.06.

Insider Transactions at TransUnion

In related news, Director George M. Awad sold 12,000 shares of the business’s stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $100.00, for a total value of $1,200,000.00. Following the completion of the sale, the director now owns 27,026 shares of the company’s stock, valued at approximately $2,702,600. The trade was a 30.75 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Steven M. Chaouki sold 1,500 shares of the stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $100.73, for a total transaction of $151,095.00. Following the transaction, the insider now directly owns 60,488 shares in the company, valued at $6,092,956.24. The trade was a 2.42 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 20,590 shares of company stock valued at $2,084,633. 0.22% of the stock is owned by insiders.

TransUnion Stock Performance

Shares of TRU stock opened at $99.49 on Friday. The company has a market capitalization of $19.39 billion, a price-to-earnings ratio of 86.51, a P/E/G ratio of 1.40 and a beta of 1.60. TransUnion has a 1-year low of $63.03 and a 1-year high of $113.17. 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 stock’s fifty day simple moving average is $102.52 and its 200-day simple moving average is $91.76.

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

TransUnion Dividend Announcement

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

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.