TransUnion (NYSE:TRU) Shares Bought by nVerses Capital LLC

nVerses Capital LLC lifted its holdings in TransUnion (NYSE:TRU) by 114.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,800 shares of the business services provider’s stock after acquiring an additional 3,100 shares during the period. nVerses Capital LLC’s holdings in TransUnion were worth $607,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in TRU. Elo Mutual Pension Insurance Co grew its holdings in TransUnion by 0.7% during the 2nd quarter. Elo Mutual Pension Insurance Co now owns 17,822 shares of the business services provider’s stock valued at $1,322,000 after purchasing an additional 123 shares in the last quarter. GAMMA Investing LLC grew its holdings in TransUnion by 32.9% during the 1st quarter. GAMMA Investing LLC now owns 573 shares of the business services provider’s stock valued at $46,000 after purchasing an additional 142 shares in the last quarter. V Square Quantitative Management LLC grew its holdings in TransUnion by 6.4% during the 2nd quarter. V Square Quantitative Management LLC now owns 2,762 shares of the business services provider’s stock worth $205,000 after acquiring an additional 165 shares in the last quarter. National Bank of Canada FI grew 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 acquiring an additional 166 shares in the last quarter. Finally, Yousif Capital Management LLC grew its holdings in TransUnion by 5.2% during the 1st quarter. Yousif Capital Management LLC now owns 3,521 shares of the business services provider’s stock worth $281,000 after acquiring an additional 174 shares in the last quarter.

TransUnion Stock Performance

Shares of TRU opened at $107.00 on Friday. The firm’s 50 day moving average is $99.49 and its 200-day moving average is $84.49. The stock has a market capitalization of $20.79 billion, a P/E ratio of -84.25, a P/E/G ratio of 1.39 and a beta of 1.62. The company has a debt-to-equity ratio of 1.22, a current ratio of 1.66 and a quick ratio of 1.66. TransUnion has a 12-month low of $42.09 and a 12-month high of $108.56.

TransUnion (NYSE:TRU) last released its earnings results on Thursday, July 25th. The business services provider reported $0.99 earnings per share for the quarter, topping the consensus estimate of $0.86 by $0.13. TransUnion had a negative net margin of 6.11% and a positive return on equity of 15.03%. The business had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $1.02 billion. During the same period last year, the firm posted $0.76 earnings per share. The firm’s quarterly revenue was up 7.5% compared to the same quarter last year. Equities research analysts anticipate that TransUnion will post 3.45 EPS for the current fiscal year.

TransUnion Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 9th. Stockholders of record on Friday, August 23rd were given a $0.105 dividend. The ex-dividend date of this dividend was Friday, August 23rd. This represents a $0.42 annualized dividend and a dividend yield of 0.39%. TransUnion’s dividend payout ratio (DPR) is presently -33.07%.

Insider Transactions at TransUnion

In other news, insider Steven M. Chaouki sold 1,000 shares of the firm’s stock in a transaction on Thursday, August 1st. The stock was sold at an average price of $90.14, for a total value of $90,140.00. Following the completion of the sale, the insider now owns 69,547 shares of the company’s stock, valued at $6,268,966.58. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. In other news, insider Steven M. Chaouki sold 1,000 shares of the firm’s stock in a transaction on Thursday, August 1st. The stock was sold at an average price of $90.14, for a total value of $90,140.00. Following the completion of the sale, the insider now owns 69,547 shares of the company’s stock, valued at $6,268,966.58. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider Todd C. Skinner sold 2,900 shares of the firm’s stock in a transaction on Thursday, August 8th. The stock was sold at an average price of $85.58, for a total value of $248,182.00. Following the completion of the sale, the insider now directly owns 27,729 shares of the company’s stock, valued at approximately $2,373,047.82. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 13,715 shares of company stock valued at $1,299,729 over the last quarter. Company insiders own 0.28% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have weighed in on TRU shares. Needham & Company LLC lowered shares of TransUnion from a “buy” rating to a “hold” rating in a report on Wednesday, August 28th. UBS Group started coverage on shares of TransUnion in a report on Tuesday, October 1st. They set a “neutral” rating and a $110.00 price objective for the company. Robert W. Baird raised their price objective on shares of TransUnion from $94.00 to $104.00 and gave the stock an “outperform” rating in a report on Friday, July 26th. Barclays raised their price objective on shares of TransUnion from $80.00 to $105.00 and gave the stock an “equal weight” rating in a report on Friday, September 13th. Finally, Wells Fargo & Company raised their price target on shares of TransUnion from $100.00 to $125.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 2nd. Seven investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $98.71.

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.