Harvest Fund Management Co. Ltd Purchases Shares of 1,255 TransUnion (NYSE:TRU)

Harvest Fund Management Co. Ltd purchased a new stake in TransUnion (NYSE:TRU) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,255 shares of the business services provider’s stock, valued at approximately $131,000.

A number of other hedge funds have also modified their holdings of TRU. Huntington National Bank increased its position in TransUnion by 84.5% during the third quarter. Huntington National Bank now owns 286 shares of the business services provider’s stock worth $30,000 after buying an additional 131 shares in the last quarter. Quarry LP boosted its stake in shares of TransUnion by 963.0% during the second quarter. Quarry LP now owns 574 shares of the business services provider’s stock valued at $43,000 after acquiring an additional 520 shares during the last quarter. Signaturefd LLC increased its position in TransUnion by 15.0% during the 3rd quarter. Signaturefd LLC now owns 788 shares of the business services provider’s stock worth $83,000 after purchasing an additional 103 shares in the last quarter. Blue Trust Inc. raised its stake in TransUnion by 156.6% in the 2nd quarter. Blue Trust Inc. now owns 857 shares of the business services provider’s stock valued at $68,000 after purchasing an additional 523 shares during the last quarter. Finally, National Bank of Canada FI boosted 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.

Insider Activity

In related news, EVP Timothy J. Martin sold 2,500 shares of the company’s stock in a transaction that occurred on 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 represents a 5.08 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Steven M. Chaouki sold 1,000 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 value of $95,650.00. Following the sale, the insider now owns 64,488 shares of the company’s stock, valued at $6,168,277.20. The trade was a 1.53 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 19,500 shares of company stock worth $1,954,740 over the last 90 days. 0.28% of the stock is currently owned by company insiders.

TransUnion Trading Up 0.3 %

NYSE TRU opened at $101.00 on Thursday. The company has a market capitalization of $19.68 billion, a price-to-earnings ratio of 87.59, a price-to-earnings-growth ratio of 1.42 and a beta of 1.62. TransUnion has a 12 month low of $56.85 and a 12 month high of $113.17. The company’s fifty day moving average price is $103.71 and its two-hundred day moving average price is $90.10. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.68 and a quick ratio of 1.68.

TransUnion (NYSE:TRU) last issued 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. TransUnion had a return on equity of 15.38% and a net margin of 5.47%. The firm had revenue of $1.09 billion during the quarter, compared to the consensus estimate of $1.06 billion. During the same period in the prior year, the business earned $0.80 EPS. The firm’s revenue was up 12.0% on a year-over-year basis. As a group, research analysts predict that TransUnion will post 3.45 earnings per share for the current fiscal year.

TransUnion Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, December 9th. Investors of record on Friday, November 22nd will be issued 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 yield of 0.42%. TransUnion’s payout ratio is 36.52%.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on TRU shares. Royal Bank of Canada reissued an “outperform” rating and set a $121.00 price objective on shares of TransUnion in a research note on Thursday, October 24th. Robert W. Baird increased their price target on TransUnion from $104.00 to $130.00 and gave the stock an “outperform” rating in a research note on Thursday, October 24th. The Goldman Sachs Group lifted their price objective on TransUnion from $97.00 to $109.00 and gave the company a “neutral” rating in a research report on Wednesday, October 2nd. Oppenheimer reduced their target price on TransUnion from $122.00 to $115.00 and set an “outperform” rating on the stock in a research report on Wednesday, November 20th. Finally, Needham & Company LLC restated a “hold” rating on shares of TransUnion in a report on Thursday, October 24th. Seven equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $106.38.

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.