Arvin Capital Management LP Has $10.17 Million Holdings in TransUnion (NYSE:TRU)

Arvin Capital Management LP lessened its position in TransUnion (NYSE:TRU) by 61.9% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 97,116 shares of the business services provider’s stock after selling 157,869 shares during the period. TransUnion accounts for about 3.3% of Arvin Capital Management LP’s portfolio, making the stock its 12th biggest holding. Arvin Capital Management LP’s holdings in TransUnion were worth $10,168,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of TRU. Massachusetts Financial Services Co. MA raised its position in TransUnion by 17.4% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 19,180,562 shares of the business services provider’s stock valued at $2,008,205,000 after buying an additional 2,840,800 shares during the last quarter. FMR LLC raised its position in TransUnion by 307.7% in the third quarter. FMR LLC now owns 4,540,896 shares of the business services provider’s stock worth $475,432,000 after acquiring an additional 3,427,199 shares during the period. Victory Capital Management Inc. boosted its stake in TransUnion by 24.1% in the second quarter. Victory Capital Management Inc. now owns 3,468,854 shares of the business services provider’s stock valued at $257,250,000 after acquiring an additional 674,187 shares during the last quarter. Ninety One UK Ltd grew its position in shares of TransUnion by 37.4% during the 2nd quarter. Ninety One UK Ltd now owns 2,566,928 shares of the business services provider’s stock valued at $190,363,000 after acquiring an additional 698,580 shares during the period. Finally, XN LP increased its stake in shares of TransUnion by 194.7% during the 2nd quarter. XN LP now owns 1,973,684 shares of the business services provider’s stock worth $146,368,000 after purchasing an additional 1,303,996 shares during the last quarter.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on TRU. Wolfe Research raised shares of 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. Robert W. Baird increased their price target on shares of TransUnion from $104.00 to $130.00 and gave the stock an “outperform” rating in a report on Thursday, October 24th. Morgan Stanley increased their price objective on TransUnion from $103.00 to $119.00 and gave the stock an “overweight” rating in a research report on Thursday, October 24th. Wells Fargo & Company upped their price objective on shares of TransUnion from $125.00 to $135.00 and gave the stock an “overweight” rating in a research report on Thursday, October 24th. Finally, Barclays upped their price objective on TransUnion from $80.00 to $105.00 and gave the stock an “equal weight” rating in a report on Friday, September 13th. Seven research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $106.38.

Insiders Place Their Bets

In other news, Director George M. Awad sold 12,000 shares of TransUnion stock in a transaction dated 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 of the company’s stock, valued at approximately $2,702,600. The trade was a 30.75 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Steven M. Chaouki sold 1,000 shares of the stock in a transaction that occurred on Tuesday, September 3rd. The shares were sold at an average price of $95.65, for a total value 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. The trade was a 1.53 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 19,500 shares of company stock worth $1,954,740 in the last 90 days. 0.22% of the stock is currently owned by corporate insiders.

TransUnion Trading Up 0.5 %

Shares of TRU stock opened at $101.50 on Monday. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.68 and a current ratio of 1.68. The stock has a fifty day simple moving average of $103.54 and a two-hundred day simple moving average of $90.57. The firm has a market capitalization of $19.78 billion, a PE ratio of 88.26, a PEG ratio of 1.41 and a beta of 1.62. TransUnion has a 52-week low of $57.80 and a 52-week high of $113.17.

TransUnion (NYSE:TRU) last issued its earnings results 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 for the quarter, compared to the consensus estimate of $1.06 billion. During the same quarter last year, the company earned $0.80 EPS. The firm’s quarterly revenue was up 12.0% on a year-over-year basis. On average, analysts predict that TransUnion will post 3.44 EPS for the current fiscal year.

TransUnion Dividend Announcement

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