Motley Fool Wealth Management LLC bought a new stake in TransUnion (NYSE:TRU – Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 102,710 shares of the business services provider’s stock, valued at approximately $10,754,000.
Other institutional investors have also recently bought and sold shares of the company. Massachusetts Financial Services Co. MA raised its holdings in shares of TransUnion by 32.2% in the second quarter. Massachusetts Financial Services Co. MA now owns 16,339,762 shares of the business services provider’s stock valued at $1,211,757,000 after purchasing an additional 3,977,595 shares during the last quarter. FMR LLC increased its stake in TransUnion by 307.7% in the 3rd quarter. FMR LLC now owns 4,540,896 shares of the business services provider’s stock valued at $475,432,000 after buying an additional 3,427,199 shares during the last quarter. XN LP lifted its position in 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 buying an additional 1,303,996 shares in the last quarter. Westfield Capital Management Co. LP acquired a new position in shares of TransUnion during the 3rd quarter worth about $92,661,000. Finally, Ninety One UK Ltd grew its holdings in shares of TransUnion by 37.4% in 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 in the last quarter.
Wall Street Analyst Weigh In
Several research analysts recently commented on TRU shares. Barclays increased their price target on TransUnion from $80.00 to $105.00 and gave the company an “equal weight” rating in a research report on Friday, September 13th. The Goldman Sachs Group increased their price objective on TransUnion from $97.00 to $109.00 and gave the company a “neutral” rating in a report on Wednesday, October 2nd. UBS Group assumed coverage on shares of TransUnion in a report on Tuesday, October 1st. They set a “neutral” rating and a $110.00 target price on the stock. Stifel Nicolaus increased their price target 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, Royal Bank of Canada reissued an “outperform” rating and issued a $121.00 price objective on shares of TransUnion in a research report on Thursday, October 24th. Seven research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $106.38.
Insiders Place Their Bets
In related news, Director George M. Awad sold 12,000 shares of the stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $100.00, for a total transaction of $1,200,000.00. Following the sale, the director now owns 27,026 shares of the company’s stock, valued at $2,702,600. This represents a 30.75 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Steven M. Chaouki sold 1,500 shares of TransUnion 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 completion of the transaction, the insider now directly owns 62,988 shares of the company’s stock, valued at $6,655,312.08. This represents 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 worth $1,933,538 in the last quarter. 0.28% of the stock is currently owned by corporate insiders.
TransUnion Price Performance
TransUnion stock opened at $100.03 on Wednesday. The company has a market capitalization 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 has a 12 month low of $58.59 and a 12 month high of $113.17. The stock’s 50 day moving average is $103.30 and its 200-day moving average is $90.87.
TransUnion (NYSE:TRU – Get Free Report) last released its quarterly 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. The business had revenue of $1.09 billion during the quarter, compared to the consensus estimate of $1.06 billion. TransUnion had a return on equity of 15.38% and a net margin of 5.47%. The firm’s quarterly revenue was up 12.0% on a year-over-year basis. During the same period in the previous year, the company posted $0.80 EPS. Equities research analysts expect that TransUnion will post 3.44 EPS for the current year.
TransUnion Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Monday, December 9th. Investors of record on Friday, November 22nd will be given a dividend of $0.105 per share. This represents a $0.42 dividend on an annualized basis and a yield of 0.42%. The ex-dividend date is Friday, November 22nd. TransUnion’s dividend payout ratio 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.
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