Aviso Financial Inc. boosted its holdings in TransUnion (NYSE:TRU – Free Report) by 18.9% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 11,069 shares of the business services provider’s stock after purchasing an additional 1,762 shares during the quarter. Aviso Financial Inc.’s holdings in TransUnion were worth $919,000 as of its most recent SEC filing.
Several other large investors have also modified their holdings of TRU. Fifth Third Bancorp boosted its holdings in shares of TransUnion by 105.3% in the first quarter. Fifth Third Bancorp now owns 423 shares of the business services provider’s stock valued at $35,000 after acquiring an additional 217 shares during the period. S Bank Fund Management Ltd acquired a new stake in shares of TransUnion in the first quarter valued at approximately $44,000. Private Trust Co. NA boosted its holdings in shares of TransUnion by 194.1% in the first quarter. Private Trust Co. NA now owns 553 shares of the business services provider’s stock valued at $46,000 after acquiring an additional 365 shares during the period. Kapitalo Investimentos Ltda acquired a new stake in shares of TransUnion in the fourth quarter valued at approximately $47,000. Finally, Quarry LP acquired a new stake in shares of TransUnion in the fourth quarter valued at approximately $58,000.
Wall Street Analysts Forecast Growth
Several research firms have recently weighed in on TRU. BMO Capital Markets increased their price objective on TransUnion from $115.00 to $118.00 and gave the company an “outperform” rating in a report on Friday, July 25th. Stifel Nicolaus cut their price target on TransUnion from $120.00 to $112.00 and set a “buy” rating for the company in a research note on Friday, April 25th. Oppenheimer upped their price target on TransUnion from $100.00 to $108.00 and gave the stock an “outperform” rating in a research note on Tuesday, July 8th. Needham & Company LLC restated a “hold” rating on shares of TransUnion in a research note on Friday, July 25th. Finally, Wells Fargo & Company cut their price target on TransUnion from $124.00 to $118.00 and set an “overweight” rating for the company in a research note on Friday, July 25th. One research analyst has rated the stock with a sell rating, five have given a hold rating and ten have assigned a buy rating to the company. According to MarketBeat, TransUnion presently has a consensus rating of “Moderate Buy” and an average price target of $112.46.
Insiders Place Their Bets
In other news, insider Steven M. Chaouki sold 1,000 shares of the firm’s stock in a transaction on Tuesday, July 1st. The stock was sold at an average price of $87.14, for a total value of $87,140.00. Following the completion of the transaction, the insider owned 74,393 shares in the company, valued at $6,482,606.02. This trade represents a 1.33% 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, CAO Jennifer A. Williams sold 972 shares of TransUnion stock in a transaction dated Monday, August 4th. The stock was sold at an average price of $92.89, for a total value of $90,289.08. Following the sale, the chief accounting officer owned 7,108 shares of the company’s stock, valued at approximately $660,262.12. This represents a 12.03% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 3,972 shares of company stock valued at $353,549. Company insiders own 0.22% of the company’s stock.
TransUnion Price Performance
TransUnion stock opened at $88.43 on Tuesday. TransUnion has a one year low of $66.38 and a one year high of $113.17. The company has a debt-to-equity ratio of 1.09, a quick ratio of 2.02 and a current ratio of 2.03. The business has a fifty day moving average of $90.77 and a two-hundred day moving average of $87.40. The company has a market cap of $17.23 billion, a P/E ratio of 44.22, a price-to-earnings-growth ratio of 2.48 and a beta of 1.65.
TransUnion (NYSE:TRU – Get Free Report) last released its earnings results on Thursday, July 24th. The business services provider reported $1.08 EPS for the quarter, beating analysts’ consensus estimates of $0.99 by $0.09. TransUnion had a return on equity of 16.08% and a net margin of 8.99%. The company had revenue of $1.14 billion during the quarter, compared to the consensus estimate of $1.10 billion. During the same quarter last year, the company earned $0.99 earnings per share. TransUnion’s quarterly revenue was up 9.5% compared to the same quarter last year. As a group, analysts predict that TransUnion will post 3.99 earnings per share for the current fiscal year.
TransUnion Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Monday, September 8th. Stockholders of record on Friday, August 22nd will be given a $0.115 dividend. The ex-dividend date is Friday, August 22nd. This represents a $0.46 dividend on an annualized basis and a dividend yield of 0.5%. TransUnion’s dividend payout ratio (DPR) is currently 23.00%.
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.
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