Bridges Investment Management Inc. Has $1.22 Million Stock Holdings in TransUnion (NYSE:TRU)

Bridges Investment Management Inc. lowered its stake in TransUnion (NYSE:TRU) by 26.5% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 11,686 shares of the business services provider’s stock after selling 4,212 shares during the quarter. Bridges Investment Management Inc.’s holdings in TransUnion were worth $1,224,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Quarry LP increased its position in shares of TransUnion by 963.0% during the 2nd quarter. Quarry LP now owns 574 shares of the business services provider’s stock worth $43,000 after purchasing an additional 520 shares during the last quarter. Signaturefd LLC lifted its stake in TransUnion by 15.0% in the third quarter. Signaturefd LLC now owns 788 shares of the business services provider’s stock valued at $83,000 after acquiring an additional 103 shares during the last quarter. Blue Trust Inc. increased its stake in shares of TransUnion by 156.6% during the 2nd quarter. Blue Trust Inc. now owns 857 shares of the business services provider’s stock worth $68,000 after purchasing an additional 523 shares during the last quarter. National Bank of Canada FI increased its stake in shares of TransUnion by 22.3% during the 2nd quarter. National Bank of Canada FI now owns 910 shares of the business services provider’s stock worth $66,000 after purchasing an additional 166 shares during the last quarter. Finally, GAMMA Investing LLC lifted its stake in TransUnion by 84.9% in the 3rd quarter. GAMMA Investing LLC now owns 956 shares of the business services provider’s stock valued at $100,000 after purchasing an additional 439 shares during the last quarter.

Insider Activity

In related news, EVP Heather J. Russell sold 3,173 shares of the firm’s stock in a transaction dated Thursday, August 29th. The stock was sold at an average price of $95.58, for a total value of $303,275.34. Following the sale, the executive vice president now directly owns 19,926 shares of the company’s stock, valued at $1,904,527.08. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. In related news, EVP Heather J. Russell sold 3,173 shares of the company’s stock in a transaction that occurred on Thursday, August 29th. The shares were sold at an average price of $95.58, for a total transaction of $303,275.34. Following the completion of the transaction, the executive vice president now directly owns 19,926 shares in the company, valued at $1,904,527.08. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Jennifer A. Williams sold 405 shares of the firm’s stock in a transaction that occurred on Thursday, August 29th. The shares were sold at an average price of $95.58, for a total transaction of $38,709.90. Following the completion of the sale, the chief accounting officer now owns 7,186 shares in the company, valued at $686,837.88. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 9,815 shares of company stock worth $961,407. Insiders own 0.22% of the company’s stock.

TransUnion Stock Up 0.2 %

Shares of NYSE TRU opened at $106.62 on Friday. The stock has a market capitalization of $20.78 billion, a P/E ratio of 92.71, a PEG ratio of 1.42 and a beta of 1.62. The stock’s fifty day moving average is $103.02 and its 200 day moving average is $87.97. TransUnion has a 52 week low of $51.40 and a 52 week high of $113.17. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.68 and a current ratio of 1.68.

TransUnion (NYSE:TRU) last released its 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 net margin of 5.47% and a return on equity of 15.38%. The firm had revenue of $1.09 billion for the quarter, compared to analyst estimates of $1.06 billion. During the same period last year, the firm earned $0.80 EPS. The business’s quarterly revenue was up 12.0% compared to the same quarter last year. Sell-side analysts forecast that TransUnion will post 3.46 earnings per share for the current fiscal year.

TransUnion Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 9th. Shareholders of record on Friday, November 22nd will be issued a $0.105 dividend. This represents a $0.42 dividend on an annualized basis and a dividend yield of 0.39%. The ex-dividend date is Friday, November 22nd. TransUnion’s dividend payout ratio is presently 36.52%.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on TRU shares. Wolfe Research raised TransUnion from a “peer perform” rating to an “outperform” rating and set a $130.00 price target on the stock in a research report on Thursday, October 10th. Robert W. Baird increased their price target on TransUnion from $104.00 to $130.00 and gave the company an “outperform” rating in a research note on Thursday, October 24th. The Goldman Sachs Group lifted their price objective on shares of TransUnion from $97.00 to $109.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 2nd. Barclays increased their price objective on shares of TransUnion from $80.00 to $105.00 and gave the company an “equal weight” rating in a research report on Friday, September 13th. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and set a $121.00 target price on shares of TransUnion in a report on Thursday, October 24th. Seven research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $104.53.

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.