Elo Mutual Pension Insurance Co raised its holdings in TransUnion (NYSE:TRU) by 1.6% during the first quarter, HoldingsChannel.com reports. The fund owned 13,729 shares of the business services provider’s stock after purchasing an additional 214 shares during the period. Elo Mutual Pension Insurance Co’s holdings in TransUnion were worth $1,236,000 at the end of the most recent reporting period.
A number of other institutional investors have also added to or reduced their stakes in TRU. California Public Employees Retirement System grew its position in TransUnion by 4.4% in the fourth quarter. California Public Employees Retirement System now owns 456,600 shares of the business services provider’s stock valued at $45,304,000 after acquiring an additional 19,361 shares during the last quarter. National Asset Management Inc. bought a new stake in shares of TransUnion during the fourth quarter worth about $233,000. Maryland State Retirement & Pension System bought a new stake in shares of TransUnion during the fourth quarter worth about $273,000. US Bancorp DE grew its holdings in shares of TransUnion by 11.6% during the fourth quarter. US Bancorp DE now owns 412,640 shares of the business services provider’s stock worth $40,942,000 after purchasing an additional 42,824 shares during the last quarter. Finally, SG Americas Securities LLC bought a new stake in shares of TransUnion during the fourth quarter worth about $721,000. Hedge funds and other institutional investors own 96.21% of the company’s stock.
Shares of TRU opened at $106.63 on Friday. TransUnion has a 52-week low of $78.02 and a 52-week high of $110.42. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.78 and a current ratio of 1.78. The firm has a 50 day simple moving average of $102.98. The firm has a market capitalization of $20.40 billion, a price-to-earnings ratio of 51.26, a PEG ratio of 1.60 and a beta of 1.31.
The firm also recently declared a quarterly dividend, which was paid on Thursday, June 10th. Shareholders of record on Wednesday, May 26th were paid a $0.095 dividend. The ex-dividend date was Tuesday, May 25th. This is a positive change from TransUnion’s previous quarterly dividend of $0.08. This represents a $0.38 annualized dividend and a yield of 0.36%. TransUnion’s payout ratio is 13.52%.
In other TransUnion news, EVP Heather J. Russell sold 857 shares of the business’s stock in a transaction that occurred on Friday, March 19th. The stock was sold at an average price of $87.27, for a total value of $74,790.39. Following the transaction, the executive vice president now directly owns 32,804 shares of the company’s stock, valued at $2,862,805.08. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Heather J. Russell sold 8,562 shares of the company’s stock in a transaction that occurred on Tuesday, March 30th. The stock was sold at an average price of $90.00, for a total value of $770,580.00. Following the transaction, the executive vice president now directly owns 24,242 shares in the company, valued at $2,181,780. The disclosure for this sale can be found here. Over the last three months, insiders sold 61,295 shares of company stock worth $6,199,341. Insiders own 0.21% of the company’s stock.
TRU has been the topic of several research reports. Morgan Stanley boosted their price target on TransUnion from $105.00 to $115.00 and gave the stock an “overweight” rating in a report on Wednesday, April 28th. TheStreet upgraded TransUnion from a “c+” rating to a “b” rating in a report on Tuesday, April 27th. Zacks Investment Research upgraded TransUnion from a “hold” rating to a “buy” rating and set a $111.00 price target on the stock in a report on Friday, April 30th. Truist Securities lifted their price objective on TransUnion from $100.00 to $120.00 in a research note on Wednesday, April 28th. Finally, Robert W. Baird lifted their price objective on TransUnion from $116.00 to $121.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 28th. Two equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. The company has an average rating of “Buy” and an average price target of $111.75.
TransUnion provides risk and information solutions. The company operates in three segments: U.S. Markets, International, and Consumer Interactive. The U.S. Markets segment provides consumer reports, actionable insights, and analytics, such as credit and other scores, as well as technology solutions for businesses.
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