Cambridge Investment Research Advisors Inc. boosted its holdings in shares of TransUnion (NYSE:TRU) by 99.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 12,043 shares of the business services provider’s stock after acquiring an additional 6,010 shares during the period. Cambridge Investment Research Advisors Inc.’s holdings in TransUnion were worth $684,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Vanguard Group Inc raised its stake in shares of TransUnion by 0.7% in the 3rd quarter. Vanguard Group Inc now owns 15,801,372 shares of the business services provider’s stock valued at $1,162,665,000 after purchasing an additional 116,055 shares during the period. BlackRock Inc. raised its stake in shares of TransUnion by 12.6% in the 3rd quarter. BlackRock Inc. now owns 10,100,257 shares of the business services provider’s stock valued at $743,177,000 after purchasing an additional 1,133,283 shares during the period. Neuberger Berman Group LLC raised its stake in shares of TransUnion by 0.6% in the 3rd quarter. Neuberger Berman Group LLC now owns 2,040,769 shares of the business services provider’s stock valued at $150,160,000 after purchasing an additional 11,989 shares during the period. Eagle Asset Management Inc. raised its stake in shares of TransUnion by 13.2% in the 3rd quarter. Eagle Asset Management Inc. now owns 1,790,901 shares of the business services provider’s stock valued at $131,774,000 after purchasing an additional 208,955 shares during the period. Finally, Pictet Asset Management Ltd. raised its stake in shares of TransUnion by 0.5% in the 3rd quarter. Pictet Asset Management Ltd. now owns 1,652,600 shares of the business services provider’s stock valued at $121,598,000 after purchasing an additional 8,721 shares during the period. 99.83% of the stock is currently owned by hedge funds and other institutional investors.
NYSE:TRU opened at $64.56 on Friday. The company has a debt-to-equity ratio of 2.01, a quick ratio of 1.53 and a current ratio of 1.53. The stock has a market capitalization of $11.82 billion, a P/E ratio of 27.95, a P/E/G ratio of 3.45 and a beta of 0.94. TransUnion has a 52-week low of $52.15 and a 52-week high of $79.48.
TransUnion (NYSE:TRU) last released its earnings results on Thursday, February 14th. The business services provider reported $0.66 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.57 by $0.09. The business had revenue of $624.00 million for the quarter, compared to the consensus estimate of $622.98 million. TransUnion had a return on equity of 22.59% and a net margin of 11.93%. TransUnion’s quarterly revenue was up 23.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.50 earnings per share. On average, analysts anticipate that TransUnion will post 2.35 earnings per share for the current year.
The business also recently announced a quarterly dividend, which will be paid on Friday, March 22nd. Investors of record on Thursday, March 7th will be given a $0.075 dividend. This represents a $0.30 dividend on an annualized basis and a dividend yield of 0.46%. The ex-dividend date is Wednesday, March 6th. TransUnion’s dividend payout ratio is currently 12.99%.
Several analysts have issued reports on the company. ValuEngine raised TransUnion from a “hold” rating to a “buy” rating in a research note on Friday, February 22nd. Zacks Investment Research downgraded TransUnion from a “hold” rating to a “sell” rating in a research note on Wednesday, February 20th. Credit Suisse Group assumed coverage on TransUnion in a research note on Friday, December 7th. They issued a “neutral” rating and a $70.00 price target on the stock. Barclays reissued a “buy” rating and issued a $72.00 price target on shares of TransUnion in a research note on Thursday, January 10th. Finally, Deutsche Bank dropped their price target on TransUnion from $87.00 to $55.00 and set a “buy” rating on the stock in a research note on Monday, January 14th. One analyst has rated the stock with a sell rating, three have issued a hold rating and eleven have given a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of $75.14.
In related news, insider James M. Peck sold 2,327 shares of TransUnion stock in a transaction dated Tuesday, February 26th. The stock was sold at an average price of $64.14, for a total value of $149,253.78. Following the sale, the insider now owns 335,243 shares of the company’s stock, valued at $21,502,486.02. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP David M. Neenan sold 29,322 shares of TransUnion stock in a transaction dated Thursday, December 13th. The shares were sold at an average price of $61.02, for a total value of $1,789,228.44. Following the completion of the sale, the executive vice president now directly owns 153,029 shares in the company, valued at approximately $9,337,829.58. The disclosure for this sale can be found here. 1.18% of the stock is currently owned by insiders.
TransUnion provides risk and information solutions. The company operates in three segments: U.S. Information Services (USIS), International, and Consumer Interactive. The USIS segment provides consumer reports, risk scores, and analytical and decisioning services for businesses. These businesses use 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 investigate potential fraud.
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