Wilson Asset Management International PTY Ltd. boosted its holdings in TransUnion (NYSE:TRU – Free Report) by 1.3% during the third quarter, HoldingsChannel.com reports. The fund owned 231,970 shares of the business services provider’s stock after purchasing an additional 2,942 shares during the period. TransUnion accounts for 5.9% of Wilson Asset Management International PTY Ltd.’s portfolio, making the stock its 3rd largest holding. Wilson Asset Management International PTY Ltd.’s holdings in TransUnion were worth $24,287,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds have also recently added to or reduced their stakes in TRU. Massachusetts Financial Services Co. MA lifted its holdings in shares of TransUnion by 32.2% during the second quarter. Massachusetts Financial Services Co. MA now owns 16,339,762 shares of the business services provider’s stock valued at $1,211,757,000 after acquiring an additional 3,977,595 shares during the period. Price T Rowe Associates Inc. MD lifted its holdings in TransUnion by 51.8% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 6,755,729 shares of the business services provider’s stock valued at $539,108,000 after purchasing an additional 2,306,596 shares during the last quarter. Meritage Group LP boosted its position in TransUnion by 2.3% in the first quarter. Meritage Group LP now owns 5,147,510 shares of the business services provider’s stock valued at $410,771,000 after buying an additional 117,086 shares in the last quarter. Bessemer Group Inc. grew its stake in TransUnion by 2.3% during the first quarter. Bessemer Group Inc. now owns 4,566,864 shares of the business services provider’s stock worth $364,436,000 after buying an additional 102,841 shares during the last quarter. Finally, Victory Capital Management Inc. increased its holdings in shares of TransUnion by 24.1% during the second quarter. Victory Capital Management Inc. now owns 3,468,854 shares of the business services provider’s stock worth $257,250,000 after buying an additional 674,187 shares in the last quarter.
Analyst Ratings Changes
A number of research firms recently commented on TRU. Wells Fargo & Company increased their price target on TransUnion from $125.00 to $135.00 and gave the stock an “overweight” rating in a research report on Thursday, October 24th. Morgan Stanley boosted their price target on shares of TransUnion from $103.00 to $119.00 and gave the stock an “overweight” rating in a research note on Thursday, October 24th. Needham & Company LLC reissued a “hold” rating on shares of TransUnion in a research note on Thursday, October 24th. Barclays lifted their price objective on TransUnion from $80.00 to $105.00 and gave the stock an “equal weight” rating in a research note on Friday, September 13th. Finally, Stifel Nicolaus increased their target price on TransUnion from $103.00 to $120.00 and gave the company a “buy” rating in a research note on Thursday, October 24th. Seven 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 has an average rating of “Moderate Buy” and a consensus price target of $104.53.
TransUnion Stock Performance
TRU opened at $103.68 on Tuesday. The company has a market capitalization of $20.13 billion, a price-to-earnings ratio of -72.50, a P/E/G ratio of 1.35 and a beta of 1.62. The business’s 50-day moving average price is $101.77 and its two-hundred day moving average price is $85.99. TransUnion has a 1 year low of $42.09 and a 1 year high of $113.17. 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 – Get Free Report) last posted its quarterly earnings data on Wednesday, October 23rd. The business services provider reported $1.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.01 by $0.03. The business had revenue of $1.09 billion during the quarter, compared to the consensus estimate of $1.06 billion. TransUnion had a return on equity of 15.38% and a net margin of 5.47%. TransUnion’s quarterly revenue was up 12.0% on a year-over-year basis. During the same period last year, the company earned $0.80 earnings per share. Equities analysts expect that TransUnion will post 3.46 EPS for the current fiscal year.
TransUnion Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 9th. Stockholders of record on Friday, August 23rd were given a $0.105 dividend. This represents a $0.42 dividend on an annualized basis and a dividend yield of 0.41%. The ex-dividend date was Friday, August 23rd. TransUnion’s dividend payout ratio is presently -29.37%.
Insider Buying and Selling
In other TransUnion news, insider Todd C. Skinner sold 2,900 shares of TransUnion stock in a transaction on Thursday, August 8th. The shares were sold at an average price of $85.58, for a total value of $248,182.00. Following the sale, the insider now directly owns 27,729 shares in the company, valued at approximately $2,373,047.82. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In other news, insider Steven M. Chaouki sold 1,000 shares of the stock in a transaction that occurred on Thursday, August 1st. The stock was sold at an average price of $90.14, for a total value of $90,140.00. Following the completion of the sale, the insider now owns 69,547 shares of the company’s stock, valued at approximately $6,268,966.58. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Todd C. Skinner sold 2,900 shares of the firm’s stock in a transaction on Thursday, August 8th. The shares were sold at an average price of $85.58, for a total transaction of $248,182.00. Following the completion of the transaction, the insider now directly owns 27,729 shares of the company’s stock, valued at $2,373,047.82. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 13,715 shares of company stock worth $1,299,729. 0.22% of the stock is owned by insiders.
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.
See Also
- Five stocks we like better than TransUnion
- Where Do I Find 52-Week Highs and Lows?
- Onsemi Stock Is Down, But Not for Long – Is It Time to Buy?
- Top Stocks Investing in 5G Technology
- Cigna Considers Humana Acquisition – What It Means for the Stocks
- Stock Sentiment Analysis: How it Works
- Ross Stores Positioned to Shine in the Holiday Shopping Season
Want to see what other hedge funds are holding TRU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for TransUnion (NYSE:TRU – Free Report).
Receive News & Ratings for TransUnion Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TransUnion and related companies with MarketBeat.com's FREE daily email newsletter.