Barclays PLC Has $24.98 Million Stock Position in TransUnion (NYSE:TRU)

Barclays PLC trimmed its position in TransUnion (NYSE:TRU) by 10.0% in the third quarter, Holdings Channel reports. The fund owned 238,618 shares of the business services provider’s stock after selling 26,559 shares during the quarter. Barclays PLC’s holdings in TransUnion were worth $24,984,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Massachusetts Financial Services Co. MA raised its position in TransUnion by 17.4% in the third quarter. Massachusetts Financial Services Co. MA now owns 19,180,562 shares of the business services provider’s stock valued at $2,008,205,000 after purchasing an additional 2,840,800 shares during the last quarter. FMR LLC raised its holdings in TransUnion by 307.7% in 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 last quarter. Wellington Management Group LLP boosted its position in TransUnion by 16.8% during 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 buying an additional 635,581 shares during the period. Victory Capital Management Inc. grew its holdings in TransUnion by 24.1% during the 2nd quarter. Victory Capital Management Inc. now owns 3,468,854 shares of the business services provider’s stock worth $257,250,000 after acquiring an additional 674,187 shares during the last quarter. Finally, Janus Henderson Group PLC raised its stake in shares of TransUnion by 2.4% during 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 last quarter.

TransUnion Price Performance

Shares of NYSE:TRU opened at $98.43 on Friday. The stock’s 50 day moving average is $102.39 and its 200-day moving average is $91.92. TransUnion has a twelve month low of $63.03 and a twelve month high of $113.17. 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 firm has a market capitalization of $19.18 billion, a price-to-earnings ratio of 85.59, a PEG ratio of 1.40 and a beta of 1.60.

TransUnion (NYSE:TRU) last issued its quarterly earnings data on Wednesday, October 23rd. The business services provider reported $1.04 earnings per share (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 analysts’ expectations of $1.06 billion. During the same period last year, the company earned $0.80 earnings per share. The business’s revenue was up 12.0% on a year-over-year basis. Sell-side analysts forecast 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. Stockholders of record on Friday, November 22nd were issued a $0.105 dividend. The ex-dividend date was Friday, November 22nd. This represents a $0.42 dividend on an annualized basis and a dividend yield of 0.43%. TransUnion’s dividend payout ratio is presently 36.52%.

Insider Buying and Selling

In other TransUnion news, EVP Timothy J. Martin sold 2,500 shares of the stock in a transaction dated Tuesday, October 1st. The shares were sold at an average price of $104.59, for a total value of $261,475.00. Following the completion of the sale, the executive vice president now owns 46,739 shares in the company, valued at approximately $4,888,432.01. This trade represents a 5.08 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director George M. Awad sold 12,000 shares of TransUnion stock in a transaction 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 sale, the director now owns 27,026 shares in the company, valued at $2,702,600. This trade represents a 30.75 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 20,590 shares of company stock worth $2,084,633. 0.22% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the stock. Wolfe Research raised shares of TransUnion from a “peer perform” rating to an “outperform” rating and set a $130.00 price objective on the stock in a research note on Thursday, October 10th. The Goldman Sachs Group increased their price target on TransUnion from $97.00 to $109.00 and gave the company a “neutral” rating in a research note on Wednesday, October 2nd. Barclays lifted their price objective on TransUnion from $80.00 to $105.00 and gave the stock an “equal weight” rating in a research note on Friday, September 13th. Needham & Company LLC reissued a “hold” rating on shares of TransUnion in a research report on Thursday, October 24th. Finally, UBS Group started coverage on shares of TransUnion in a research report on Tuesday, October 1st. They issued a “neutral” rating and a $110.00 price target on the stock. Seven investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $107.06.

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.