PEAK6 Investments LLC Purchases 117,333 Shares of TransUnion (NYSE:TRU)

PEAK6 Investments LLC lifted its position in shares of TransUnion (NYSE:TRU) by 469.6% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 142,317 shares of the business services provider’s stock after acquiring an additional 117,333 shares during the quarter. PEAK6 Investments LLC’s holdings in TransUnion were worth $14,901,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the company. Huntington National Bank raised its holdings in TransUnion by 84.5% during the 3rd quarter. Huntington National Bank now owns 286 shares of the business services provider’s stock valued at $30,000 after acquiring an additional 131 shares during the period. Quarry LP raised its stake in shares of TransUnion by 963.0% during the 2nd quarter. Quarry LP now owns 574 shares of the business services provider’s stock valued at $43,000 after purchasing an additional 520 shares during the period. National Bank of Canada FI lifted its holdings in TransUnion by 22.3% during the 2nd quarter. National Bank of Canada FI now owns 910 shares of the business services provider’s stock worth $66,000 after purchasing an additional 166 shares in the last quarter. Blue Trust Inc. boosted its stake in TransUnion by 156.6% in the 2nd quarter. Blue Trust Inc. now owns 857 shares of the business services provider’s stock worth $68,000 after purchasing an additional 523 shares during the period. Finally, Ridgewood Investments LLC bought a new position in TransUnion in the 2nd quarter worth about $75,000.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. Royal Bank of Canada reissued an “outperform” rating and issued a $121.00 price target on shares of TransUnion in a report on Thursday, October 24th. Morgan Stanley upped their target price on shares of TransUnion from $103.00 to $119.00 and gave the stock an “overweight” rating in a report on Thursday, October 24th. Stifel Nicolaus raised their price target on shares of TransUnion from $103.00 to $120.00 and gave the company a “buy” rating in a report on Thursday, October 24th. UBS Group began coverage on shares of TransUnion in a report on Tuesday, October 1st. They issued a “neutral” rating and a $110.00 price target on the stock. Finally, The Goldman Sachs Group increased their price objective on TransUnion from $97.00 to $109.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 2nd. Seven analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $106.38.

Insider Activity

In related news, Director George M. Awad sold 12,000 shares of the firm’s stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $100.00, for a total transaction of $1,200,000.00. Following the transaction, the director now directly owns 27,026 shares in the company, valued at $2,702,600. This trade represents a 30.75 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Timothy J. Martin sold 2,500 shares of TransUnion stock in a transaction that occurred on Tuesday, September 3rd. The stock was sold at an average price of $95.65, for a total value of $239,125.00. Following the completion of the transaction, the executive vice president now directly owns 49,239 shares in the company, valued at $4,709,710.35. This trade represents a 4.83 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 19,500 shares of company stock valued at $1,954,740. 0.22% of the stock is currently owned by insiders.

TransUnion Stock Performance

NYSE:TRU opened at $101.00 on Friday. TransUnion has a 1-year low of $56.85 and a 1-year high of $113.17. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.68 and a quick ratio of 1.68. The business has a 50 day moving average of $103.70 and a 200 day moving average of $90.18. The company has a market capitalization of $19.68 billion, a price-to-earnings ratio of 87.83, a PEG ratio of 1.40 and a beta of 1.62.

TransUnion (NYSE:TRU) last announced its quarterly earnings data on Wednesday, October 23rd. The business services provider reported $1.04 earnings per share for the quarter, topping analysts’ consensus estimates of $1.01 by $0.03. TransUnion had a net margin of 5.47% and a return on equity of 15.38%. The firm had revenue of $1.09 billion during the quarter, compared to analyst estimates of $1.06 billion. During the same period in the previous year, the business posted $0.80 EPS. The business’s quarterly revenue was up 12.0% on a year-over-year basis. On average, sell-side analysts predict that TransUnion will post 3.44 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 given a dividend of $0.105 per share. The ex-dividend date is Friday, November 22nd. This represents a $0.42 annualized dividend and a yield of 0.42%. TransUnion’s payout ratio is 36.52%.

About TransUnion

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.