Reinhart Partners LLC. Has $13.58 Million Stock Position in TransUnion (NYSE:TRU)

Reinhart Partners LLC. lowered its position in shares of TransUnion (NYSE:TRU) by 16.3% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 146,512 shares of the business services provider’s stock after selling 28,597 shares during the quarter. Reinhart Partners LLC. owned approximately 0.08% of TransUnion worth $13,583,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Huntington National Bank increased its position in shares of TransUnion by 84.5% during the 3rd quarter. Huntington National Bank now owns 286 shares of the business services provider’s stock worth $30,000 after purchasing an additional 131 shares in the last quarter. Versant Capital Management Inc grew its holdings in TransUnion by 82.1% during the 4th quarter. Versant Capital Management Inc now owns 428 shares of the business services provider’s stock worth $40,000 after acquiring an additional 193 shares during the last quarter. Quarry LP grew its holdings in TransUnion by 963.0% during the 2nd quarter. Quarry LP now owns 574 shares of the business services provider’s stock worth $43,000 after acquiring an additional 520 shares during the last quarter. True Wealth Design LLC grew its holdings in TransUnion by 4,590.0% during the 3rd quarter. True Wealth Design LLC now owns 469 shares of the business services provider’s stock worth $49,000 after acquiring an additional 459 shares during the last quarter. Finally, National Bank of Canada FI grew its holdings in TransUnion by 22.3% during the 2nd quarter. National Bank of Canada FI now owns 910 shares of the business services provider’s stock worth $66,000 after acquiring an additional 166 shares during the last quarter.

Insider Activity

In related news, Director George M. Awad sold 12,000 shares of the company’s stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $100.00, for a total value of $1,200,000.00. Following the sale, the director now directly owns 27,026 shares in the company, valued at $2,702,600. This represents a 30.75 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Steven M. Chaouki sold 1,500 shares of the company’s stock in a transaction that occurred on Friday, November 8th. The shares were sold at an average price of $105.66, for a total value of $158,490.00. Following the completion of the sale, the insider now owns 62,988 shares in the company, valued at $6,655,312.08. The trade was a 2.33 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 19,090 shares of company stock valued at $1,916,758 over the last quarter. 0.22% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the stock. UBS Group started coverage on shares of TransUnion in a research note on Tuesday, October 1st. They issued a “neutral” rating and a $110.00 target price on the stock. Royal Bank of Canada reissued an “outperform” rating and set a $121.00 price objective on shares of TransUnion 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. Robert W. Baird raised their target price on shares of TransUnion from $104.00 to $130.00 and gave the stock an “outperform” rating in a report on Thursday, October 24th. Finally, The Goldman Sachs Group raised their target price on shares of TransUnion from $97.00 to $109.00 and gave the stock a “neutral” rating in a report on Wednesday, October 2nd. Seven research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $106.31.

TransUnion Price Performance

NYSE TRU traded up $1.46 during trading on Monday, hitting $88.20. 515,002 shares of the company’s stock were exchanged, compared to its average volume of 1,288,474. The company has a current ratio of 1.68, a quick ratio of 1.68 and a debt-to-equity ratio of 1.19. The company has a market cap of $17.19 billion, a PE ratio of 76.70, a P/E/G ratio of 1.37 and a beta of 1.62. TransUnion has a fifty-two week low of $66.07 and a fifty-two week high of $113.17. The stock’s 50 day moving average price is $97.55 and its two-hundred day moving average price is $95.04.

TransUnion (NYSE:TRU) last released 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 the consensus estimate of $1.06 billion. During the same quarter in the prior year, the firm posted $0.80 earnings per share. The firm’s revenue was up 12.0% compared to the same quarter last year. Research analysts expect that TransUnion will post 3.44 EPS for the current year.

TransUnion Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 9th. Stockholders of record on Friday, November 22nd were paid a $0.105 dividend. This represents a $0.42 annualized dividend and a dividend yield of 0.48%. The ex-dividend date was Friday, November 22nd. TransUnion’s dividend payout ratio is currently 36.52%.

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.