Capital International Investors Decreases Stock Position in TransUnion (NYSE:TRU)

Capital International Investors lowered its stake in TransUnion (NYSE:TRU) by 6.8% during the 1st quarter, Holdings Channel reports. The institutional investor owned 8,993,305 shares of the business services provider’s stock after selling 655,959 shares during the period. Capital International Investors’ holdings in TransUnion were worth $717,666,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the stock. Vanguard Group Inc. boosted its position in TransUnion by 1.3% during the 4th quarter. Vanguard Group Inc. now owns 17,910,715 shares of the business services provider’s stock valued at $1,230,645,000 after acquiring an additional 234,123 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its position in shares of TransUnion by 570.4% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 7,029,897 shares of the business services provider’s stock worth $483,024,000 after purchasing an additional 5,981,271 shares in the last quarter. Van ECK Associates Corp boosted its position in shares of TransUnion by 12.1% in the 1st quarter. Van ECK Associates Corp now owns 5,316,891 shares of the business services provider’s stock worth $424,288,000 after purchasing an additional 572,121 shares in the last quarter. Meritage Group LP boosted its position in shares of TransUnion by 2.3% in the 1st quarter. Meritage Group LP now owns 5,147,510 shares of the business services provider’s stock worth $410,771,000 after purchasing an additional 117,086 shares in the last quarter. Finally, Bessemer Group Inc. boosted its position in shares of TransUnion by 2.3% in the 1st quarter. Bessemer Group Inc. now owns 4,566,864 shares of the business services provider’s stock worth $364,436,000 after purchasing an additional 102,841 shares in the last quarter.

Insider Transactions at TransUnion

In other news, CFO Todd M. Cello sold 12,865 shares of the company’s stock in a transaction on Friday, July 12th. The stock was sold at an average price of $80.00, for a total value of $1,029,200.00. Following the completion of the sale, the chief financial officer now directly owns 101,426 shares in the company, valued at approximately $8,114,080. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other TransUnion news, insider Steven M. Chaouki sold 1,776 shares of the stock in a transaction on Monday, June 3rd. The stock was sold at an average price of $72.00, for a total value of $127,872.00. Following the completion of the sale, the insider now owns 71,547 shares in the company, valued at approximately $5,151,384. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Todd M. Cello sold 12,865 shares of the stock in a transaction on Friday, July 12th. The stock was sold at an average price of $80.00, for a total value of $1,029,200.00. Following the completion of the sale, the chief financial officer now owns 101,426 shares of the company’s stock, valued at approximately $8,114,080. The disclosure for this sale can be found here. Insiders sold 29,761 shares of company stock worth $2,266,576 in the last three months. Corporate insiders own 0.22% of the company’s stock.

TransUnion Stock Performance

TRU traded up $2.65 during mid-day trading on Friday, reaching $86.46. 2,777,158 shares of the company traded hands, compared to its average volume of 1,615,900. The stock has a market capitalization of $16.79 billion, a P/E ratio of -60.46, a P/E/G ratio of 1.52 and a beta of 1.61. The company has a quick ratio of 1.65, a current ratio of 1.65 and a debt-to-equity ratio of 1.26. The company’s fifty day moving average price is $75.44 and its 200-day moving average price is $74.74. TransUnion has a 52-week low of $42.09 and a 52-week high of $87.36.

TransUnion (NYSE:TRU) last posted its quarterly earnings data on Thursday, April 25th. The business services provider reported $0.83 EPS for the quarter, topping the consensus estimate of $0.71 by $0.12. The firm had revenue of $1.02 billion during the quarter, compared to analyst estimates of $977.62 million. TransUnion had a positive return on equity of 14.26% and a negative net margin of 7.02%. On average, sell-side analysts expect that TransUnion will post 3.43 EPS for the current year.

TransUnion Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 3rd. Stockholders of record on Friday, May 17th were paid a $0.105 dividend. The ex-dividend date was Thursday, May 16th. This represents a $0.42 annualized dividend and a dividend yield of 0.49%. TransUnion’s dividend payout ratio (DPR) is -29.37%.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. Oppenheimer boosted their price target on TransUnion from $90.00 to $97.00 and gave the stock an “outperform” rating in a research report on Friday. Wolfe Research initiated coverage on shares of TransUnion in a report on Tuesday, July 9th. They issued a “peer perform” rating for the company. Morgan Stanley boosted their price objective on shares of TransUnion from $87.00 to $90.00 and gave the stock an “overweight” rating in a report on Friday, April 26th. Needham & Company LLC boosted their price objective on shares of TransUnion from $89.00 to $92.00 and gave the stock a “buy” rating in a report on Friday. Finally, Royal Bank of Canada boosted their price objective on shares of TransUnion from $85.00 to $106.00 and gave the stock an “outperform” rating in a report on Friday. Six analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, TransUnion has a consensus rating of “Moderate Buy” and a consensus target price of $86.80.

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.