PEAK6 Investments LLC Buys 117,333 Shares of TransUnion (NYSE:TRU)

PEAK6 Investments LLC lifted its stake in shares of TransUnion (NYSE:TRU) by 469.6% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 142,317 shares of the business services provider’s stock after purchasing an additional 117,333 shares during the quarter. PEAK6 Investments LLC owned 0.07% of TransUnion worth $14,901,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the stock. California State Teachers Retirement System raised its position in TransUnion by 2.4% in the first quarter. California State Teachers Retirement System now owns 327,518 shares of the business services provider’s stock valued at $26,136,000 after purchasing an additional 7,636 shares during the last quarter. Tidal Investments LLC boosted its position in TransUnion by 8.3% during the 1st quarter. Tidal Investments LLC now owns 3,981 shares of the business services provider’s stock worth $318,000 after buying an additional 304 shares during the period. Swedbank AB bought a new stake in TransUnion during the 1st quarter worth approximately $15,158,000. DekaBank Deutsche Girozentrale increased its position in TransUnion by 0.9% in the 1st quarter. DekaBank Deutsche Girozentrale now owns 64,657 shares of the business services provider’s stock valued at $5,064,000 after acquiring an additional 588 shares during the period. Finally, DNB Asset Management AS raised its stake in shares of TransUnion by 5.6% during the second quarter. DNB Asset Management AS now owns 36,506 shares of the business services provider’s stock valued at $2,707,000 after acquiring an additional 1,939 shares during the last quarter.

Analysts Set New Price Targets

Several analysts recently weighed in on TRU shares. Barclays boosted their price objective on shares of TransUnion from $80.00 to $105.00 and gave the stock an “equal weight” rating in a research note on Friday, September 13th. The Goldman Sachs Group raised their price objective on TransUnion from $97.00 to $109.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 2nd. UBS Group began coverage on TransUnion in a report on Tuesday, October 1st. They issued a “neutral” rating and a $110.00 target price on the stock. Robert W. Baird raised their price target on shares of TransUnion from $104.00 to $130.00 and gave the stock an “outperform” rating in a report on Thursday, October 24th. Finally, Stifel Nicolaus increased their price objective on shares of TransUnion from $103.00 to $120.00 and gave the stock a “buy” rating in a research report on Thursday, October 24th. Seven investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to MarketBeat.com, TransUnion currently has a consensus rating of “Moderate Buy” and a consensus target price of $106.38.

TransUnion Price Performance

Shares of TRU opened at $101.00 on Friday. The business’s fifty day moving average is $103.70 and its 200 day moving average is $90.18. TransUnion has a 12-month low of $56.85 and a 12-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 stock has a market cap of $19.68 billion, a P/E ratio of 87.83, a P/E/G ratio of 1.40 and a beta of 1.62.

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 anticipate 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 will be paid on Monday, December 9th. Investors of record on Friday, November 22nd will be given a $0.105 dividend. This represents a $0.42 dividend on an annualized basis and a yield of 0.42%. The ex-dividend date is Friday, November 22nd. TransUnion’s payout ratio is currently 36.52%.

Insider Buying and Selling at TransUnion

In related news, EVP Timothy J. Martin sold 2,500 shares of TransUnion stock in a transaction on 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 directly owns 49,239 shares in the company, valued at approximately $4,709,710.35. This trade represents a 4.83 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director George M. Awad sold 12,000 shares of the company’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of $100.00, for a total value of $1,200,000.00. Following the completion of the transaction, the director now owns 27,026 shares of the company’s stock, valued at $2,702,600. This trade represents a 30.75 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 19,500 shares of company stock worth $1,954,740. Corporate insiders own 0.22% of the company’s stock.

TransUnion Company Profile

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.