HB Wealth Management LLC Has $431,000 Stock Holdings in TransUnion (NYSE:TRU)

HB Wealth Management LLC grew its stake in shares of TransUnion (NYSE:TRU) by 7.0% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 5,396 shares of the business services provider’s stock after acquiring an additional 352 shares during the period. HB Wealth Management LLC’s holdings in TransUnion were worth $431,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. GAMMA Investing LLC bought a new stake in TransUnion during the 4th quarter worth $30,000. Westpac Banking Corp raised its holdings in TransUnion by 100.0% in the 4th quarter. Westpac Banking Corp now owns 908 shares of the business services provider’s stock valued at $62,000 after buying an additional 454 shares during the last quarter. Assetmark Inc. boosted its position in TransUnion by 48.6% during the 4th quarter. Assetmark Inc. now owns 1,030 shares of the business services provider’s stock worth $71,000 after buying an additional 337 shares during the period. Headlands Technologies LLC boosted its position in TransUnion by 206.7% during the 4th quarter. Headlands Technologies LLC now owns 1,141 shares of the business services provider’s stock worth $78,000 after buying an additional 769 shares during the period. Finally, CWM LLC grew its holdings in TransUnion by 35.0% during the 4th quarter. CWM LLC now owns 1,544 shares of the business services provider’s stock worth $106,000 after acquiring an additional 400 shares during the last quarter.

TransUnion Stock Up 0.6 %

Shares of NYSE:TRU traded up $0.44 during midday trading on Friday, hitting $76.05. 468,893 shares of the company’s stock were exchanged, compared to its average volume of 1,587,541. The company has a debt-to-equity ratio of 1.26, a current ratio of 1.65 and a quick ratio of 1.65. TransUnion has a 12 month low of $42.09 and a 12 month high of $82.75. The company has a market cap of $14.77 billion, a PE ratio of -52.87, a price-to-earnings-growth ratio of 1.48 and a beta of 1.61. The stock has a 50 day moving average price of $74.93 and a 200-day moving average price of $73.55.

TransUnion (NYSE:TRU) last issued its quarterly earnings data on Thursday, April 25th. The business services provider reported $0.83 EPS for the quarter, topping analysts’ consensus estimates of $0.71 by $0.12. TransUnion had a positive return on equity of 14.26% and a negative net margin of 7.02%. The firm had revenue of $1.02 billion during the quarter, compared to analyst estimates of $977.62 million. On average, sell-side analysts anticipate that TransUnion will post 3.42 EPS for the current fiscal year.

TransUnion Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 3rd. Shareholders of record on Friday, May 17th were issued a dividend of $0.105 per share. This represents a $0.42 dividend on an annualized basis and a yield of 0.55%. The ex-dividend date of this dividend was Thursday, May 16th. TransUnion’s dividend payout ratio is -29.37%.

Analyst Ratings Changes

Several research firms have recently issued reports on TRU. Robert W. Baird raised their price target on shares of TransUnion from $87.00 to $94.00 and gave the company an “outperform” rating in a research note on Friday, April 26th. Morgan Stanley increased their price target on TransUnion from $87.00 to $90.00 and gave the company an “overweight” rating in a research note on Friday, April 26th. Needham & Company LLC lifted their price objective on TransUnion from $87.00 to $89.00 and gave the stock a “buy” rating in a research note on Thursday, April 25th. Stifel Nicolaus increased their target price on shares of TransUnion from $83.00 to $92.00 and gave the company a “buy” rating in a research report on Friday, April 26th. Finally, Bank of America upgraded shares of TransUnion from a “neutral” rating to a “buy” rating and set a $92.00 price target on the stock in a research report on Thursday, June 20th. Five research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. Based on data from MarketBeat.com, TransUnion presently has an average rating of “Moderate Buy” and an average target price of $83.73.

Insider Transactions at TransUnion

In related news, insider Steven M. Chaouki sold 1,000 shares of the firm’s stock in a transaction dated Monday, July 1st. The shares were sold at an average price of $74.27, for a total transaction of $74,270.00. Following the transaction, the insider now directly owns 70,547 shares of the company’s stock, valued at $5,239,525.69. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, EVP Heather J. Russell sold 7,000 shares of the firm’s stock in a transaction on Friday, June 14th. The stock was sold at an average price of $73.10, for a total transaction of $511,700.00. Following the completion of the sale, the executive vice president now directly owns 32,744 shares of the company’s stock, valued at approximately $2,393,586.40. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider Steven M. Chaouki sold 1,000 shares of the business’s stock in a transaction dated Monday, July 1st. The stock was sold at an average price of $74.27, for a total transaction of $74,270.00. Following the completion of the transaction, the insider now directly owns 70,547 shares in the company, valued at $5,239,525.69. The disclosure for this sale can be found here. Insiders sold a total of 16,896 shares of company stock worth $1,237,376 in the last quarter. 0.28% of the stock is currently owned by corporate insiders.

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.