Reinhart Partners LLC. reduced its position in shares of TransUnion (NYSE:TRU – Free Report) by 6.7% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 91,532 shares of the business services provider’s stock after selling 6,529 shares during the period. Reinhart Partners LLC.’s holdings in TransUnion were worth $6,603,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Eagle Bay Advisors LLC purchased a new position in TransUnion during the 4th quarter valued at about $25,000. Geneos Wealth Management Inc. increased its stake in TransUnion by 1,318.2% during the first quarter. Geneos Wealth Management Inc. now owns 312 shares of the business services provider’s stock worth $26,000 after purchasing an additional 290 shares during the period. Cornerstone Planning Group LLC lifted its position in shares of TransUnion by 130.2% during the fourth quarter. Cornerstone Planning Group LLC now owns 389 shares of the business services provider’s stock worth $32,000 after purchasing an additional 220 shares in the last quarter. Measured Wealth Private Client Group LLC purchased a new position in shares of TransUnion in the third quarter valued at approximately $36,000. Finally, Essential Partners LLC boosted its stake in shares of TransUnion by 63.7% in the first quarter. Essential Partners LLC now owns 609 shares of the business services provider’s stock valued at $42,000 after purchasing an additional 237 shares during the period.
TransUnion Stock Up 1.0%
Shares of NYSE:TRU opened at $79.96 on Friday. TransUnion has a fifty-two week low of $63.37 and a fifty-two week high of $95.50. The firm’s 50 day moving average price is $73.99 and its 200 day moving average price is $73.43. The company has a quick ratio of 1.90, a current ratio of 1.90 and a debt-to-equity ratio of 1.07. The stock has a market cap of $15.32 billion, a price-to-earnings ratio of 21.10, a price-to-earnings-growth ratio of 1.30 and a beta of 1.53.
TransUnion Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Friday, September 4th. Investors of record on Thursday, August 20th will be issued a $0.125 dividend. This represents a $0.50 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend is Thursday, August 20th. TransUnion’s dividend payout ratio is 13.19%.
Insider Buying and Selling
In other news, insider Steven M. Chaouki sold 1,000 shares of the stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $79.96, for a total value of $79,960.00. Following the transaction, the insider owned 88,906 shares in the company, valued at approximately $7,108,923.76. This represents a 1.11% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Jennifer A. Williams sold 972 shares of the firm’s stock in a transaction dated Tuesday, July 7th. The stock was sold at an average price of $80.00, for a total value of $77,760.00. Following the sale, the chief accounting officer directly owned 5,843 shares in the company, valued at $467,440. This trade represents a 14.26% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 50,100 shares of company stock valued at $3,934,484 over the last 90 days. 0.37% of the stock is currently owned by corporate insiders.
Wall Street Analyst Weigh In
Several equities research analysts recently weighed in on the stock. UBS Group upped their target price on shares of TransUnion from $72.00 to $77.00 and gave the stock a “neutral” rating in a research note on Thursday, July 2nd. Wells Fargo & Company boosted their price target on shares of TransUnion from $90.00 to $102.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 29th. Bank of America cut their price objective on TransUnion from $83.00 to $80.00 and set a “neutral” rating on the stock in a research report on Tuesday, May 19th. BMO Capital Markets increased their price objective on TransUnion from $85.00 to $98.00 and gave the company an “outperform” rating in a research note on Wednesday, July 29th. Finally, Wall Street Zen upgraded TransUnion from a “hold” rating to a “buy” rating in a report on Saturday, August 1st. Ten research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $94.38.
Read Our Latest Stock Analysis on TransUnion
TransUnion Profile
TransUnion is a global information and insights company that helps businesses and consumers make critical decisions using data and analytics. As one of the three major credit bureaus in the United States, TransUnion collects and aggregates credit information on individuals and businesses, providing credit reports, risk scores and portfolio management tools to financial institutions, lenders, landlords and other decision makers. Its consumer-facing products enable individuals to monitor credit status, detect identity theft and access personalized financial insights.
The company’s offerings span credit risk assessment, identity management, fraud prevention and marketing solutions.
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