IFM Investors Pty Ltd Has $3.55 Million Stock Position in TransUnion (NYSE:TRU)

IFM Investors Pty Ltd reduced its holdings in TransUnion (NYSE:TRU) by 1.4% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 44,448 shares of the business services provider’s stock after selling 652 shares during the period. IFM Investors Pty Ltd’s holdings in TransUnion were worth $3,547,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Nisa Investment Advisors LLC increased its position in TransUnion by 11.2% during the fourth quarter. Nisa Investment Advisors LLC now owns 7,095 shares of the business services provider’s stock worth $487,000 after acquiring an additional 715 shares during the period. Lecap Asset Management Ltd. bought a new position in shares of TransUnion during the 4th quarter worth about $1,006,000. Heron Bay Capital Management increased its holdings in shares of TransUnion by 37.3% during the 4th quarter. Heron Bay Capital Management now owns 172,458 shares of the business services provider’s stock worth $11,850,000 after purchasing an additional 46,826 shares during the period. SG Americas Securities LLC raised its position in shares of TransUnion by 204.6% during the fourth quarter. SG Americas Securities LLC now owns 45,126 shares of the business services provider’s stock valued at $3,101,000 after buying an additional 30,312 shares during the last quarter. Finally, DAVENPORT & Co LLC lifted its stake in shares of TransUnion by 607.6% in the fourth quarter. DAVENPORT & Co LLC now owns 20,917 shares of the business services provider’s stock valued at $1,446,000 after buying an additional 17,961 shares during the period.

TransUnion Price Performance

TransUnion stock traded up $0.20 on Friday, reaching $74.49. The company’s stock had a trading volume of 1,873,347 shares, compared to its average volume of 1,905,408. TransUnion has a twelve month low of $42.09 and a twelve month high of $82.75. The business’s fifty day moving average price is $76.32 and its 200 day moving average price is $67.91. The company has a debt-to-equity ratio of 1.28, a quick ratio of 1.47 and a current ratio of 1.47. The company has a market cap of $14.47 billion, a price-to-earnings ratio of -52.08, a PEG ratio of 1.14 and a beta of 1.61.

TransUnion (NYSE:TRU) last announced its earnings results on Thursday, April 25th. The business services provider reported $0.83 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.71 by $0.12. TransUnion had a negative net margin of 7.02% and a positive return on equity of 14.22%. The company had revenue of $1.02 billion for the quarter, compared to analyst estimates of $977.62 million. Equities analysts expect that TransUnion will post 3.31 earnings per share for the current fiscal year.

TransUnion Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, March 22nd. Investors of record on Thursday, March 7th were issued a $0.105 dividend. This represents a $0.42 annualized dividend and a yield of 0.56%. The ex-dividend date was Wednesday, March 6th. TransUnion’s dividend payout ratio is -29.37%.

Insider Buying and Selling

In other TransUnion news, EVP Richard Dane Mauldin sold 1,500 shares of the company’s stock in a transaction dated Thursday, March 14th. The shares were sold at an average price of $78.10, for a total transaction of $117,150.00. Following the transaction, the executive vice president now directly owns 22,033 shares in the company, valued at approximately $1,720,777.30. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. In related news, insider Steven M. Chaouki sold 1,775 shares of TransUnion stock in a transaction that occurred on Monday, April 1st. The shares were sold at an average price of $81.30, for a total transaction of $144,307.50. Following the transaction, the insider now owns 75,099 shares of the company’s stock, valued at approximately $6,105,548.70. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Richard Dane Mauldin sold 1,500 shares of the company’s stock in a transaction that occurred on Thursday, March 14th. The shares were sold at an average price of $78.10, for a total transaction of $117,150.00. Following the completion of the sale, the executive vice president now directly owns 22,033 shares of the company’s stock, valued at approximately $1,720,777.30. The disclosure for this sale can be found here. Insiders sold a total of 15,275 shares of company stock worth $1,204,538 over the last three months. 0.22% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on TRU shares. JPMorgan Chase & Co. boosted their price target on TransUnion from $69.00 to $84.00 and gave the company an “overweight” rating in a research note on Wednesday, February 14th. StockNews.com raised TransUnion from a “sell” rating to a “hold” rating in a research report on Tuesday, January 23rd. Truist Financial boosted their price target on shares of TransUnion from $65.00 to $75.00 and gave the company a “hold” rating in a report on Wednesday, February 14th. The Goldman Sachs Group increased their price objective on shares of TransUnion from $63.00 to $72.00 and gave the company a “neutral” rating in a research note on Friday, December 29th. Finally, Bank of America upgraded shares of TransUnion from an “underperform” rating to a “neutral” rating and lifted their target price for the company from $65.00 to $90.00 in a research report on Monday, April 1st. Six investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. According to MarketBeat.com, TransUnion currently has an average rating of “Moderate Buy” and a consensus price target of $83.60.

TransUnion 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.