IFM Investors Pty Ltd Sells 652 Shares of TransUnion (NYSE:TRU)

IFM Investors Pty Ltd cut its stake in shares of TransUnion (NYSE:TRU) by 1.4% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 44,448 shares of the business services provider’s stock after selling 652 shares during the period. IFM Investors Pty Ltd’s holdings in TransUnion were worth $3,547,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of TRU. Capital International Investors bought a new stake in TransUnion during the 4th quarter worth approximately $663,001,000. Massachusetts Financial Services Co. MA increased its holdings in shares of TransUnion by 570.4% in the fourth 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 during the period. Meritage Group LP raised its position in shares of TransUnion by 56.5% in the fourth quarter. Meritage Group LP now owns 5,030,424 shares of the business services provider’s stock worth $345,640,000 after buying an additional 1,815,540 shares in the last quarter. Norges Bank bought a new stake in TransUnion during the fourth quarter valued at $90,682,000. Finally, Van ECK Associates Corp grew its position in TransUnion by 27.9% during the fourth quarter. Van ECK Associates Corp now owns 4,744,770 shares of the business services provider’s stock worth $326,013,000 after buying an additional 1,035,634 shares in the last quarter.

TransUnion Trading Up 0.3 %

Shares of NYSE:TRU traded up $0.20 during trading on Friday, reaching $74.49. 1,873,347 shares of the company traded hands, compared to its average volume of 1,905,408. The company has a current ratio of 1.47, a quick ratio of 1.47 and a debt-to-equity ratio of 1.28. TransUnion has a 52-week low of $42.09 and a 52-week high of $82.75. The firm has a market capitalization of $14.47 billion, a price-to-earnings ratio of -52.08, a P/E/G ratio of 1.14 and a beta of 1.61. The business’s fifty day moving average is $76.32 and its 200-day moving average is $67.91.

TransUnion (NYSE:TRU) last released its quarterly earnings results on Thursday, April 25th. The business services provider reported $0.83 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.71 by $0.12. TransUnion had a negative net margin of 7.02% and a positive return on equity of 14.22%. The company had revenue of $1.02 billion during the quarter, compared to the consensus estimate of $977.62 million. As a group, analysts forecast that TransUnion will post 3.31 EPS for the current year.

TransUnion Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 22nd. Investors of record on Thursday, March 7th were given a dividend of $0.105 per share. This represents a $0.42 dividend on an annualized basis and a yield of 0.56%. The ex-dividend date of this dividend was Wednesday, March 6th. TransUnion’s dividend payout ratio (DPR) is presently -29.37%.

Wall Street Analyst Weigh In

TRU has been the topic of several recent analyst reports. Wells Fargo & Company raised their price target on TransUnion from $80.00 to $85.00 and gave the company an “overweight” rating in a report on Wednesday, February 14th. JPMorgan Chase & Co. lifted their target price on shares of TransUnion from $69.00 to $84.00 and gave the company an “overweight” rating in a research report on Wednesday, February 14th. Bank of America raised shares of TransUnion from an “underperform” rating to a “neutral” rating and boosted their price target for the stock from $65.00 to $90.00 in a research note on Monday, April 1st. Oppenheimer lifted their price objective on shares of TransUnion from $81.00 to $90.00 and gave the stock an “outperform” rating in a report on Tuesday, April 9th. Finally, Evercore ISI increased their target price on TransUnion from $70.00 to $80.00 and gave the company an “in-line” rating in a research note on Tuesday, March 26th. Six analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $83.60.

Insider Buying and Selling at TransUnion

In other news, EVP Richard Dane Mauldin sold 1,500 shares of the firm’s stock in a transaction on Thursday, March 14th. The stock was sold at an average price of $78.10, for a total transaction of $117,150.00. Following the completion of the transaction, the executive vice president now directly owns 22,033 shares in the company, valued at $1,720,777.30. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In related news, EVP Richard Dane Mauldin sold 1,500 shares of the firm’s stock in a transaction that occurred on Thursday, March 14th. The shares were sold at an average price of $78.10, for a total transaction of $117,150.00. Following the completion of the sale, the executive vice president now owns 22,033 shares of the company’s stock, valued at $1,720,777.30. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Steven M. Chaouki sold 1,775 shares of the company’s stock in a transaction that occurred on Monday, April 1st. The shares were sold at an average price of $81.30, for a total value of $144,307.50. Following the completion of the transaction, the insider now directly owns 75,099 shares in the company, valued at $6,105,548.70. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 15,275 shares of company stock worth $1,204,538. 0.22% of the stock is owned by insiders.

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.