Larson Financial Group LLC Purchases 2,869 Shares of TransUnion (NYSE:TRU)

Larson Financial Group LLC grew its position in shares of TransUnion (NYSE:TRU) by 68.2% during the 1st quarter, Holdings Channel reports. The institutional investor owned 7,078 shares of the business services provider’s stock after buying an additional 2,869 shares during the quarter. Larson Financial Group LLC’s holdings in TransUnion were worth $587,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently bought and sold shares of TRU. Teacher Retirement System of Texas purchased a new stake in TransUnion during the 1st quarter worth about $2,364,000. Bank of New York Mellon Corp lifted its stake in shares of TransUnion by 1.3% in the 1st quarter. Bank of New York Mellon Corp now owns 1,167,843 shares of the business services provider’s stock valued at $96,919,000 after purchasing an additional 15,030 shares during the last quarter. Amalgamated Bank boosted its position in TransUnion by 3.7% during the 1st quarter. Amalgamated Bank now owns 10,488 shares of the business services provider’s stock valued at $870,000 after acquiring an additional 373 shares in the last quarter. JPMorgan Chase & Co. lifted its position in TransUnion by 39.5% during the 4th quarter. JPMorgan Chase & Co. now owns 315,530 shares of the business services provider’s stock worth $29,253,000 after acquiring an additional 89,340 shares during the period. Finally, Envestnet Asset Management Inc. increased its stake in TransUnion by 5.1% during the 1st quarter. Envestnet Asset Management Inc. now owns 494,349 shares of the business services provider’s stock worth $41,026,000 after buying an additional 23,979 shares in the last quarter.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the company. Wall Street Zen upgraded TransUnion from a “hold” rating to a “buy” rating in a research report on Saturday, July 5th. Bank of America initiated coverage on shares of TransUnion in a research report on Thursday, April 10th. They issued an “underperform” rating and a $84.00 price target on the stock. BMO Capital Markets raised shares of TransUnion to a “strong-buy” rating in a research report on Thursday, July 10th. Stifel Nicolaus dropped their target price on shares of TransUnion from $120.00 to $112.00 and set a “buy” rating for the company in a research report on Friday, April 25th. Finally, William Blair reiterated an “outperform” rating on shares of TransUnion in a report on Monday, March 24th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $110.64.

TransUnion Price Performance

NYSE:TRU opened at $93.17 on Friday. The firm has a market capitalization of $18.18 billion, a price-to-earnings ratio of 49.56, a P/E/G ratio of 2.49 and a beta of 1.63. TransUnion has a 12-month low of $66.38 and a 12-month high of $113.17. The company has a quick ratio of 2.05, a current ratio of 2.05 and a debt-to-equity ratio of 1.13. The stock’s 50 day moving average price is $88.24 and its two-hundred day moving average price is $87.65.

TransUnion (NYSE:TRU) last posted its earnings results on Thursday, April 24th. The business services provider reported $1.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.98 by $0.07. The firm had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.07 billion. TransUnion had a return on equity of 16.18% and a net margin of 8.63%. The business’s quarterly revenue was up 7.3% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.92 earnings per share. On average, analysts anticipate that TransUnion will post 3.99 earnings per share for the current year.

TransUnion Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 6th. Investors of record on Thursday, May 22nd were paid a $0.115 dividend. This represents a $0.46 dividend on an annualized basis and a yield of 0.49%. The ex-dividend date of this dividend was Thursday, May 22nd. TransUnion’s dividend payout ratio is presently 24.47%.

Insider Buying and Selling

In related news, insider Steven M. Chaouki sold 1,000 shares of the stock in a transaction on Tuesday, July 1st. The shares were sold at an average price of $87.14, for a total transaction of $87,140.00. Following the completion of the sale, the insider owned 74,393 shares in the company, valued at $6,482,606.02. This represents a 1.33% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders have sold 3,000 shares of company stock worth $255,010 over the last quarter. 0.22% of the stock is owned by insiders.

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.