BDF Gestion Takes $2.73 Million Position in TransUnion (NYSE:TRU)

BDF Gestion purchased a new stake in TransUnion (NYSE:TRU) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 36,828 shares of the business services provider’s stock, valued at approximately $2,731,000.

Several other large investors have also modified their holdings of the business. Cornerstone Investment Partners LLC boosted its holdings in shares of TransUnion by 1.4% in the 1st quarter. Cornerstone Investment Partners LLC now owns 9,586 shares of the business services provider’s stock valued at $765,000 after purchasing an additional 135 shares during the last quarter. GAMMA Investing LLC grew its position in shares of TransUnion by 32.9% during the 1st quarter. GAMMA Investing LLC now owns 573 shares of the business services provider’s stock valued at $46,000 after buying an additional 142 shares during the last quarter. Xponance Inc. grew its position in TransUnion by 1.9% in the 4th quarter. Xponance Inc. now owns 8,215 shares of the business services provider’s stock worth $564,000 after purchasing an additional 157 shares during the last quarter. Concord Wealth Partners grew its position in TransUnion by 7.4% in the 4th quarter. Concord Wealth Partners now owns 2,311 shares of the business services provider’s stock worth $159,000 after purchasing an additional 159 shares during the last quarter. Finally, Logan Capital Management Inc. grew its position in TransUnion by 1.7% in the 4th quarter. Logan Capital Management Inc. now owns 9,887 shares of the business services provider’s stock worth $679,000 after purchasing an additional 170 shares during the last quarter.

Insider Buying and Selling

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 transaction, the executive vice president now directly owns 32,744 shares in the company, valued at $2,393,586.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In related news, EVP Heather J. Russell sold 7,000 shares of the firm’s stock in a transaction that occurred on Friday, June 14th. The shares were sold at an average price of $73.10, for a total value of $511,700.00. Following the transaction, the executive vice president now owns 32,744 shares of the company’s stock, valued at $2,393,586.40. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Steven M. Chaouki sold 1,000 shares of the business’s stock in a transaction dated Thursday, August 1st. The shares were sold at an average price of $90.14, for a total value of $90,140.00. Following the sale, the insider now directly owns 69,547 shares of the company’s stock, valued at approximately $6,268,966.58. The disclosure for this sale can be found here. Insiders sold 33,661 shares of company stock valued at $2,604,898 over the last quarter. 0.22% of the stock is owned by company insiders.

TransUnion Stock Down 1.9 %

NYSE:TRU traded down $1.66 during trading hours on Friday, hitting $84.50. 1,473,574 shares of the company traded hands, compared to its average volume of 1,626,828. The company has a market cap of $16.42 billion, a PE ratio of -59.09, a PEG ratio of 1.24 and a beta of 1.61. TransUnion has a one year low of $42.09 and a one year high of $91.71. The company has a quick ratio of 1.66, a current ratio of 1.66 and a debt-to-equity ratio of 1.22. The firm’s 50-day simple moving average is $77.81 and its 200-day simple moving average is $76.12.

TransUnion (NYSE:TRU) last posted its earnings results on Thursday, July 25th. The business services provider reported $0.99 earnings per share for the quarter, beating analysts’ consensus estimates of $0.86 by $0.13. TransUnion had a positive return on equity of 15.03% and a negative net margin of 6.11%. The business had revenue of $1.04 billion during the quarter, compared to analyst estimates of $1.02 billion. During the same quarter in the previous year, the firm earned $0.76 EPS. The company’s quarterly revenue was up 7.5% compared to the same quarter last year. Equities analysts predict that TransUnion will post 3.43 earnings per share for the current year.

TransUnion Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, September 9th. Investors of record on Friday, August 23rd will be paid a $0.105 dividend. This represents a $0.42 dividend on an annualized basis and a yield of 0.50%. The ex-dividend date is Friday, August 23rd. TransUnion’s payout ratio is -29.37%.

Wall Street Analyst Weigh In

Several brokerages recently commented on TRU. Morgan Stanley upped their price target on shares of TransUnion from $87.00 to $90.00 and gave the company an “overweight” rating in a research report on Friday, April 26th. Robert W. Baird raised their target price on shares of TransUnion from $94.00 to $104.00 and gave the company an “outperform” rating in a research note on Friday, July 26th. Royal Bank of Canada increased their price target on shares of TransUnion from $85.00 to $106.00 and gave the company an “outperform” rating in a report on Friday, July 26th. Stifel Nicolaus raised their price objective on shares of TransUnion from $83.00 to $92.00 and gave the stock a “buy” rating in a report on Friday, April 26th. Finally, Bank of America raised shares of TransUnion from a “neutral” rating to a “buy” rating and set a $92.00 price objective for the company in a report on Thursday, June 20th. Six investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $86.80.

TransUnion 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.