Unique Wealth Strategies LLC Purchases New Position in TransUnion (NYSE:TRU)

Unique Wealth Strategies LLC purchased a new stake in shares of TransUnion (NYSE:TRU) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 11,324 shares of the business services provider’s stock, valued at approximately $778,000.

Several other hedge funds and other institutional investors also recently modified their holdings of TRU. Headlands Technologies LLC purchased a new stake in TransUnion in the third quarter worth about $27,000. GAMMA Investing LLC purchased a new stake in TransUnion in the fourth quarter worth about $30,000. CENTRAL TRUST Co grew its holdings in TransUnion by 569.3% in the third quarter. CENTRAL TRUST Co now owns 937 shares of the business services provider’s stock worth $67,000 after purchasing an additional 797 shares during the period. CWM LLC grew its holdings in TransUnion by 35.0% in the fourth quarter. CWM LLC now owns 1,544 shares of the business services provider’s stock worth $106,000 after purchasing an additional 400 shares during the period. Finally, NBC Securities Inc. purchased a new stake in shares of TransUnion during the third quarter valued at approximately $120,000.

Analyst Ratings Changes

TRU has been the topic of a number of recent analyst reports. Royal Bank of Canada reiterated an “outperform” rating and set a $85.00 price target on shares of TransUnion in a report on Wednesday, February 14th. Wells Fargo & Company increased their price target on shares of TransUnion from $80.00 to $85.00 and gave the company an “overweight” rating in a report on Wednesday, February 14th. StockNews.com upgraded shares of TransUnion from a “sell” rating to a “hold” rating in a report on Tuesday, January 23rd. 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 report on Friday, December 29th. Finally, Needham & Company LLC increased their price objective on shares of TransUnion from $87.00 to $89.00 and gave the company a “buy” rating in a research report on Thursday. Six analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to MarketBeat.com, TransUnion currently has an average rating of “Moderate Buy” and an average price target of $83.60.

TransUnion Price Performance

TRU traded up $0.20 during trading on Friday, hitting $74.49. 1,873,347 shares of the company traded hands, compared to its average volume of 1,905,408. The company has a market cap of $14.47 billion, a PE ratio of -52.08, a P/E/G ratio of 1.14 and a beta of 1.61. The stock’s 50-day simple moving average is $76.32 and its two-hundred day simple moving average is $67.91. TransUnion has a 1 year low of $42.09 and a 1 year high of $82.75. The company has a current ratio of 1.47, a quick ratio of 1.47 and a debt-to-equity ratio of 1.28.

TransUnion (NYSE:TRU) last posted its earnings results on Thursday, April 25th. The business services provider reported $0.83 earnings per share for the quarter, beating the consensus estimate of $0.71 by $0.12. The company had revenue of $1.02 billion during the quarter, compared to analysts’ expectations of $977.62 million. TransUnion had a negative net margin of 7.02% and a positive return on equity of 14.22%. As a group, sell-side analysts anticipate that TransUnion will post 3.31 earnings per share for the current fiscal year.

TransUnion Announces Dividend

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

Insiders Place Their Bets

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

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.