TransUnion $TRU Shares Newly Purchased by Peak Financial Advisors LLC

Peak Financial Advisors LLC bought a new position in TransUnion (NYSE:TRU) in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 30,149 shares of the business services provider’s stock, valued at approximately $1,843,000.

Other large investors have also recently bought and sold shares of the company. Nykredit A S bought a new position in TransUnion in the 2nd quarter valued at approximately $4,226,000. Junto Capital Management LP acquired a new stake in TransUnion during the 2nd quarter worth approximately $78,975,000. Bank of America Corp DE grew its holdings in TransUnion by 9.4% during the 1st quarter. Bank of America Corp DE now owns 1,447,914 shares of the business services provider’s stock worth $100,181,000 after acquiring an additional 124,294 shares during the last quarter. Canada Pension Plan Investment Board bought a new stake in TransUnion during the 2nd quarter worth approximately $1,904,000. Finally, Moore Capital Management LP acquired a new position in TransUnion in the 2nd quarter valued at approximately $2,702,000.

TransUnion Stock Up 1.7%

TransUnion stock opened at $76.74 on Friday. The company has a debt-to-equity ratio of 1.07, a quick ratio of 1.90 and a current ratio of 2.03. TransUnion has a 52-week low of $60.96 and a 52-week high of $89.12. The firm has a 50 day moving average price of $74.50 and a two-hundred day moving average price of $74.26. The firm has a market cap of $14.63 billion, a price-to-earnings ratio of 18.67, a PEG ratio of 1.44 and a beta of 1.58.

TransUnion (NYSE:TRU) last issued its quarterly earnings results on Tuesday, October 27th. The business services provider reported $1.25 EPS for the quarter, beating analysts’ consensus estimates of $1.21 by $0.04. The business had revenue of $1.31 billion for the quarter, compared to analysts’ expectations of $1.31 billion. TransUnion had a net margin of 15.83% and a return on equity of 16.51%. The business’s quarterly revenue was up 12.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.10 earnings per share. Equities analysts predict that TransUnion will post 4.24 EPS for the current year.

TransUnion Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 25th. Stockholders of record on Tuesday, November 10th will be given a dividend of $0.1350 per share. This is a positive change from TransUnion’s previous quarterly dividend of $0.1250. The ex-dividend date of this dividend is Tuesday, November 10th. This represents a $0.54 annualized dividend and a dividend yield of 0.7%. TransUnion’s payout ratio is 12.17%.

Insider Buying and Selling

In related news, insider Steven M. Chaouki sold 1,000 shares of the company’s stock in a transaction that occurred on Thursday, October 15th. The stock was sold at an average price of $70.00, for a total transaction of $70,000.00. Following the transaction, the insider directly owned 78,888 shares of the company’s stock, valued at approximately $5,522,160. This represents a 1.25% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Todd C. Skinner sold 1,000 shares of the stock in a transaction that occurred on Thursday, October 1st. The stock was sold at an average price of $62.29, for a total value of $62,290.00. Following the completion of the transaction, the insider owned 54,764 shares in the company, valued at approximately $3,411,249.56. The trade was a 1.79% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 41,377 shares of company stock worth $3,200,570 over the last ninety days. 0.37% of the stock is owned by company insiders.

Analysts Set New Price Targets

TRU has been the subject of several analyst reports. Royal Bank Of Canada dropped their price target on shares of TransUnion from $100.00 to $92.00 and set an “outperform” rating for the company in a research note on Friday, October 16th. The Goldman Sachs Group boosted their price objective on shares of TransUnion from $68.00 to $78.00 and gave the stock a “neutral” rating in a research note on Wednesday. BMO Capital Markets increased their price objective on TransUnion from $85.00 to $98.00 and gave the company an “outperform” rating in a report on Wednesday, July 29th. Barclays lowered their target price on TransUnion from $85.00 to $70.00 and set an “equal weight” rating for the company in a research report on Friday, October 2nd. Finally, Stifel Nicolaus cut their target price on TransUnion from $96.00 to $90.00 and set a “buy” rating on the stock in a report on Wednesday. Ten equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $90.69.

TransUnion Profile

TransUnion (NYSE: TRU) is a global information and insights company that helps businesses and consumers make more informed decisions. The company collects, analyzes and delivers data related to credit, identity, fraud and consumer behavior, serving customers across financial services, insurance, healthcare, retail, telecommunications and other industries.

Its products and services include consumer credit reports and scores, credit-risk assessment, marketing and audience insights, identity verification, fraud detection, investigative tools and decisioning software.