UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Boosts Stock Holdings in TransUnion (NYSE:TRU)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in TransUnion (NYSE:TRU) by 12.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,180,036 shares of the business services provider’s stock after purchasing an additional 129,547 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in TransUnion were worth $123,550,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in TRU. Townsquare Capital LLC increased its position in shares of TransUnion by 1.0% during the third quarter. Townsquare Capital LLC now owns 10,211 shares of the business services provider’s stock valued at $1,069,000 after acquiring an additional 100 shares during the last quarter. Thematics Asset Management increased its position in shares of TransUnion by 19.3% during the 3rd quarter. Thematics Asset Management now owns 213,000 shares of the business services provider’s stock valued at $22,301,000 after purchasing an additional 34,500 shares during the last quarter. BNP Paribas Financial Markets raised its stake in shares of TransUnion by 89.6% during the 3rd quarter. BNP Paribas Financial Markets now owns 95,019 shares of the business services provider’s stock worth $9,948,000 after purchasing an additional 44,916 shares during the period. FMR LLC boosted its holdings in shares of TransUnion by 307.7% in the 3rd quarter. FMR LLC now owns 4,540,896 shares of the business services provider’s stock worth $475,432,000 after buying an additional 3,427,199 shares during the last quarter. Finally, The Manufacturers Life Insurance Company grew its position in TransUnion by 2.7% during the third quarter. The Manufacturers Life Insurance Company now owns 10,429 shares of the business services provider’s stock valued at $1,092,000 after buying an additional 274 shares during the period.

Wall Street Analyst Weigh In

Several analysts have commented on TRU shares. Needham & Company LLC reaffirmed a “hold” rating on shares of TransUnion in a research report on Thursday, October 24th. Royal Bank of Canada reiterated an “outperform” rating and issued a $121.00 price objective on shares of TransUnion in a research note on Thursday, October 24th. Robert W. Baird raised their target price on TransUnion from $104.00 to $130.00 and gave the stock an “outperform” rating in a research report on Thursday, October 24th. Wolfe Research raised TransUnion from a “peer perform” rating to an “outperform” rating and set a $130.00 price target on the stock in a research report on Thursday, October 10th. Finally, Stifel Nicolaus lifted their price objective on TransUnion from $103.00 to $120.00 and gave the stock a “buy” rating in a report on Thursday, October 24th. Seven equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $106.38.

Insider Buying and Selling at TransUnion

In related news, 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 transaction of $95,650.00. Following the transaction, the insider now directly owns 64,488 shares of the company’s stock, valued at approximately $6,168,277.20. This trade represents a 1.53 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Timothy J. Martin sold 2,500 shares of the business’s stock in a transaction that occurred on Tuesday, September 3rd. The stock was sold at an average price of $95.65, for a total value of $239,125.00. Following the completion of the sale, the executive vice president now owns 49,239 shares of the company’s stock, valued at $4,709,710.35. The trade was a 4.83 % decrease in their position. 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 three months. 0.22% of the stock is owned by insiders.

TransUnion Stock Performance

NYSE TRU opened at $101.50 on Monday. The company’s 50 day simple moving average is $103.54 and its two-hundred day simple moving average is $90.57. 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 has a 1 year low of $57.80 and a 1 year high of $113.17. The stock has a market capitalization of $19.78 billion, a PE ratio of 88.26, a P/E/G ratio of 1.41 and a beta of 1.62.

TransUnion (NYSE:TRU) last posted its quarterly earnings data on Wednesday, October 23rd. The business services provider reported $1.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.01 by $0.03. TransUnion had a return on equity of 15.38% and a net margin of 5.47%. The company had revenue of $1.09 billion during the quarter, compared to analyst estimates of $1.06 billion. During the same quarter last year, the company earned $0.80 earnings per share. The firm’s quarterly revenue was up 12.0% on a year-over-year basis. Analysts predict that TransUnion will post 3.44 earnings per share for the current fiscal year.

TransUnion Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 9th. Investors of record on Friday, November 22nd will be given a $0.105 dividend. This represents a $0.42 annualized dividend and a dividend yield of 0.41%. The ex-dividend date is Friday, November 22nd. TransUnion’s dividend payout ratio (DPR) is 36.52%.

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.