Jacobs Levy Equity Management Inc. Has $59.02 Million Stake in TransUnion (NYSE:TRU)

Jacobs Levy Equity Management Inc. lowered its holdings in TransUnion (NYSE:TRU) by 19.5% during the third quarter, Holdings Channel.com reports. The firm owned 563,716 shares of the business services provider’s stock after selling 136,434 shares during the period. Jacobs Levy Equity Management Inc.’s holdings in TransUnion were worth $59,021,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in TRU. Tidal Investments LLC lifted its position in TransUnion by 8.3% during the 1st quarter. Tidal Investments LLC now owns 3,981 shares of the business services provider’s stock worth $318,000 after buying an additional 304 shares in the last quarter. DNB Asset Management AS grew its stake in shares of TransUnion by 5.6% during the second quarter. DNB Asset Management AS now owns 36,506 shares of the business services provider’s stock valued at $2,707,000 after purchasing an additional 1,939 shares during the last quarter. Harbor Capital Advisors Inc. grew its stake in shares of TransUnion by 359.2% during the second quarter. Harbor Capital Advisors Inc. now owns 9,804 shares of the business services provider’s stock valued at $727,000 after purchasing an additional 7,669 shares during the last quarter. CWM LLC increased its holdings in shares of TransUnion by 39.8% in the second quarter. CWM LLC now owns 2,342 shares of the business services provider’s stock valued at $174,000 after purchasing an additional 667 shares in the last quarter. Finally, Simplicity Wealth LLC raised its position in TransUnion by 4.9% in the 2nd quarter. Simplicity Wealth LLC now owns 15,295 shares of the business services provider’s stock worth $1,134,000 after purchasing an additional 708 shares during the last quarter.

Insider Buying and Selling

In other news, insider Steven M. Chaouki sold 1,500 shares of the business’s stock in a transaction 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 sale, the insider now owns 62,988 shares of the company’s stock, valued at $6,655,312.08. The trade was a 2.33 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director George M. Awad sold 12,000 shares of TransUnion stock in a transaction on Monday, November 25th. The shares were sold at an average price of $100.00, for a total transaction of $1,200,000.00. Following the completion of the sale, the director now owns 27,026 shares in the company, valued at $2,702,600. The trade was a 30.75 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 19,090 shares of company stock valued at $1,933,538. Company insiders own 0.28% of the company’s stock.

TransUnion Stock Up 1.0 %

NYSE:TRU opened at $100.03 on Wednesday. TransUnion has a 1 year low of $58.59 and a 1 year high of $113.17. The stock has a 50-day moving average price of $103.30 and a two-hundred day moving average price of $90.87. The stock has a market cap of $19.50 billion, a price-to-earnings ratio of 86.98, a PEG ratio of 1.38 and a beta of 1.60. The company has a current ratio of 1.68, a quick ratio of 1.68 and a debt-to-equity ratio of 1.19.

TransUnion (NYSE:TRU) last posted its earnings results 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. TransUnion had a return on equity of 15.38% and a net margin of 5.47%. The business had revenue of $1.09 billion during the quarter, compared to analysts’ expectations of $1.06 billion. During the same period in the prior year, the business earned $0.80 EPS. TransUnion’s revenue for the quarter was up 12.0% compared to the same quarter last year. As a group, equities analysts expect that TransUnion will post 3.44 earnings per share for the current year.

TransUnion Dividend Announcement

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. The ex-dividend date is Friday, November 22nd. This represents a $0.42 annualized dividend and a yield of 0.42%. TransUnion’s dividend payout ratio is currently 36.52%.

Wall Street Analyst Weigh In

TRU has been the topic of a number of recent research reports. Wolfe Research upgraded TransUnion from a “peer perform” rating to an “outperform” rating and set a $130.00 price objective on the stock in a research report on Thursday, October 10th. Oppenheimer decreased their price target on TransUnion from $122.00 to $115.00 and set an “outperform” rating on the stock in a report on Wednesday, November 20th. Wells Fargo & Company boosted their price objective on TransUnion from $125.00 to $135.00 and gave the stock an “overweight” rating in a report on Thursday, October 24th. Stifel Nicolaus raised their target price on shares of TransUnion from $103.00 to $120.00 and gave the company a “buy” rating in a research note on Thursday, October 24th. Finally, Barclays boosted their price target on shares of TransUnion from $80.00 to $105.00 and gave the stock an “equal weight” rating in a research note 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 MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $106.38.

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.