Schroder Investment Management Group reduced its position in shares of TransUnion (NYSE:TRU – Get Rating) by 0.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,093,851 shares of the business services provider’s stock after selling 9,172 shares during the quarter. Schroder Investment Management Group owned 0.57% of TransUnion worth $62,076,000 as of its most recent SEC filing.
Several other hedge funds have also modified their holdings of the company. EverSource Wealth Advisors LLC purchased a new stake in shares of TransUnion in the 4th quarter valued at approximately $37,000. CI Investments Inc. raised its holdings in shares of TransUnion by 42.7% in the 3rd quarter. CI Investments Inc. now owns 742 shares of the business services provider’s stock valued at $44,000 after purchasing an additional 222 shares in the last quarter. Brown Brothers Harriman & Co. acquired a new stake in TransUnion during the 1st quarter worth $49,000. KB Financial Partners LLC raised its stake in TransUnion by 86.5% during the 1st quarter. KB Financial Partners LLC now owns 485 shares of the business services provider’s stock worth $50,000 after acquiring an additional 225 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC increased its stake in TransUnion by 3,038.9% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 1,130 shares of the business services provider’s stock valued at $64,000 after purchasing an additional 1,094 shares during the period. 95.02% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
Several analysts have recently weighed in on the stock. The Goldman Sachs Group lifted their target price on shares of TransUnion from $67.00 to $76.00 and gave the company a “neutral” rating in a report on Monday, February 6th. StockNews.com assumed coverage on shares of TransUnion in a research report on Thursday, May 18th. They set a “hold” rating for the company. Barclays cut their price objective on shares of TransUnion from $72.00 to $67.00 and set an “equal weight” rating for the company in a research report on Friday, March 31st. Robert W. Baird upped their price target on shares of TransUnion from $78.00 to $83.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 15th. Finally, Needham & Company LLC raised shares of TransUnion from a “hold” rating to a “buy” rating and set a $84.00 price target for the company in a report on Wednesday, April 26th. Five equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to data from MarketBeat.com, TransUnion has an average rating of “Moderate Buy” and a consensus target price of $77.50.
TransUnion Stock Performance
TransUnion (NYSE:TRU – Get Rating) last released its earnings results on Tuesday, April 25th. The business services provider reported $0.71 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.66 by $0.05. TransUnion had a return on equity of 14.47% and a net margin of 7.34%. The firm had revenue of $940.30 million for the quarter, compared to analysts’ expectations of $913.69 million. On average, sell-side analysts expect that TransUnion will post 3.19 earnings per share for the current year.
TransUnion Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Friday, June 2nd. Shareholders of record on Friday, May 19th will be paid a $0.105 dividend. This represents a $0.42 annualized dividend and a yield of 0.59%. The ex-dividend date is Thursday, May 18th. TransUnion’s dividend payout ratio (DPR) is presently 29.79%.
Insider Activity
In other TransUnion news, insider Todd C. Skinner sold 25,989 shares of the company’s stock in a transaction on Wednesday, March 29th. The stock was sold at an average price of $60.00, for a total value of $1,559,340.00. Following the completion of the transaction, the insider now owns 28,749 shares in the company, valued at approximately $1,724,940. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, insider Todd C. Skinner sold 25,989 shares of the firm’s stock in a transaction dated Wednesday, March 29th. The stock was sold at an average price of $60.00, for a total transaction of $1,559,340.00. Following the transaction, the insider now directly owns 28,749 shares of the company’s stock, valued at approximately $1,724,940. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Richard Dane Mauldin sold 7,250 shares of TransUnion stock in a transaction that occurred on Thursday, March 16th. The stock was sold at an average price of $60.63, for a total value of $439,567.50. Following the completion of the transaction, the executive vice president now directly owns 24,805 shares in the company, valued at $1,503,927.15. The disclosure for this sale can be found here. Insiders sold a total of 43,978 shares of company stock worth $2,650,453 over the last quarter. 0.22% of the stock is currently owned by corporate insiders.
TransUnion Company Profile
TransUnion engages in the provision of information and risk management solutions. It also provides consumer reports, risk scores, analytical services, and decision-making capabilities to businesses. It operates through the following segments: U.S. Markets, International, Consumer Interactive, and Corporate.
Further Reading
- Get a free copy of the StockNews.com research report on TransUnion (TRU)
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