Thematics Asset Management Raises Holdings in TransUnion (NYSE:TRU)

Thematics Asset Management boosted its stake in shares of TransUnion (NYSE:TRU) by 19.3% in the third quarter, Holdings Channel reports. The institutional investor owned 213,000 shares of the business services provider’s stock after acquiring an additional 34,500 shares during the period. Thematics Asset Management’s holdings in TransUnion were worth $22,301,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. O Shaughnessy Asset Management LLC raised its holdings in TransUnion by 14.8% in the first quarter. O Shaughnessy Asset Management LLC now owns 4,196 shares of the business services provider’s stock worth $335,000 after purchasing an additional 542 shares in the last quarter. Bayesian Capital Management LP acquired a new position in TransUnion during the 1st quarter valued at approximately $804,000. California State Teachers Retirement System raised its holdings in shares of TransUnion by 2.4% in the first quarter. California State Teachers Retirement System now owns 327,518 shares of the business services provider’s stock worth $26,136,000 after buying an additional 7,636 shares during the last quarter. Tidal Investments LLC lifted its stake in shares of TransUnion by 8.3% during the first quarter. Tidal Investments LLC now owns 3,981 shares of the business services provider’s stock worth $318,000 after buying an additional 304 shares during the period. Finally, XN LP purchased a new stake in shares of TransUnion during the first quarter valued at $53,441,000.

Insiders Place Their Bets

In other news, insider Steven M. Chaouki sold 1,500 shares of the business’s stock in a transaction that occurred on Friday, November 8th. The stock was sold at an average price of $105.66, for a total value of $158,490.00. Following the transaction, the insider now owns 62,988 shares of the company’s stock, valued at approximately $6,655,312.08. The trade was a 2.33 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Heather J. Russell sold 3,173 shares of TransUnion stock in a transaction dated Thursday, August 29th. The shares were sold at an average price of $95.58, for a total transaction of $303,275.34. Following the completion of the sale, the executive vice president now directly owns 19,926 shares in the company, valued at approximately $1,904,527.08. The trade was a 13.74 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 11,078 shares of company stock valued at $1,096,725 in the last ninety days. Insiders own 0.28% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on TRU shares. Needham & Company LLC restated a “hold” rating on shares of TransUnion in a research note on Thursday, October 24th. UBS Group assumed coverage on TransUnion in a report on Tuesday, October 1st. They set a “neutral” rating and a $110.00 target price for the company. Wells Fargo & Company raised their price target on shares of TransUnion from $125.00 to $135.00 and gave the stock an “overweight” rating in a research report on Thursday, October 24th. The Goldman Sachs Group upped their price target on shares of TransUnion from $97.00 to $109.00 and gave the company a “neutral” rating in a report on Wednesday, October 2nd. Finally, Barclays boosted their price objective on TransUnion from $80.00 to $105.00 and gave the company an “equal weight” rating in a report on Friday, September 13th. Seven investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. Based on data from MarketBeat, TransUnion currently has an average rating of “Moderate Buy” and a consensus price target of $106.38.

TransUnion Trading Down 2.2 %

TransUnion stock traded down $2.28 during midday trading on Tuesday, reaching $100.10. 189,782 shares of the stock traded hands, compared to its average volume of 1,604,226. TransUnion has a 12-month low of $56.85 and a 12-month high of $113.17. The company has a 50-day simple moving average of $103.67 and a two-hundred day simple moving average of $89.77. The firm has a market cap of $19.51 billion, a PE ratio of 89.02, a price-to-earnings-growth ratio of 1.37 and a beta of 1.62. The company has a current ratio of 1.68, a quick ratio of 1.68 and a debt-to-equity ratio of 1.19.

TransUnion (NYSE:TRU) last posted its quarterly earnings results on Wednesday, October 23rd. The business services provider reported $1.04 EPS for the quarter, topping the consensus estimate of $1.01 by $0.03. TransUnion had a net margin of 5.47% and a return on equity of 15.38%. The business had revenue of $1.09 billion during the quarter, compared to the consensus estimate of $1.06 billion. During the same quarter in the previous year, the firm posted $0.80 earnings per share. The company’s quarterly revenue was up 12.0% compared to the same quarter last year. Research analysts expect that TransUnion will post 3.46 earnings per share for the current fiscal year.

TransUnion Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 9th. Shareholders of record on Friday, November 22nd will be paid a $0.105 dividend. This represents a $0.42 dividend on an annualized basis and a yield of 0.42%. The ex-dividend date of this dividend is Friday, November 22nd. TransUnion’s dividend payout ratio is presently 36.52%.

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.