TransUnion (NYSE:TRU) Shares Purchased by Swiss National Bank

Swiss National Bank grew its holdings in shares of TransUnion (NYSE:TRU) by 0.2% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 576,400 shares of the business services provider’s stock after purchasing an additional 1,300 shares during the period. Swiss National Bank’s holdings in TransUnion were worth $60,349,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in TRU. Natixis Advisors LLC increased its stake in TransUnion by 1.8% during the 3rd quarter. Natixis Advisors LLC now owns 23,095 shares of the business services provider’s stock worth $2,418,000 after buying an additional 399 shares during the period. Mizuho Markets Americas LLC acquired a new stake in shares of TransUnion in the third quarter valued at $229,000. CIBC Asset Management Inc boosted its holdings in TransUnion by 5.3% in the third quarter. CIBC Asset Management Inc now owns 6,859 shares of the business services provider’s stock valued at $718,000 after purchasing an additional 347 shares during the period. OneDigital Investment Advisors LLC boosted its holdings in TransUnion by 15.2% in the third quarter. OneDigital Investment Advisors LLC now owns 3,415 shares of the business services provider’s stock valued at $358,000 after purchasing an additional 450 shares during the period. Finally, Metis Global Partners LLC increased its holdings in TransUnion by 6.4% during the 3rd quarter. Metis Global Partners LLC now owns 2,954 shares of the business services provider’s stock worth $309,000 after purchasing an additional 177 shares during the period.

Insider Transactions at TransUnion

In other news, EVP Heather J. Russell sold 3,173 shares of the stock in a transaction dated Thursday, August 29th. The stock was sold at an average price of $95.58, for a total value of $303,275.34. Following the completion of the sale, the executive vice president now owns 19,926 shares in the company, valued at approximately $1,904,527.08. This trade represents a 13.74 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Jennifer A. Williams sold 405 shares of the business’s stock in a transaction that occurred on Thursday, August 29th. The stock was sold at an average price of $95.58, for a total value of $38,709.90. Following the transaction, the chief accounting officer now directly owns 7,186 shares in the company, valued at $686,837.88. This trade represents a 5.34 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 11,315 shares of company stock valued at $1,119,897 over the last 90 days. Corporate insiders own 0.28% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on TRU shares. Wolfe Research upgraded TransUnion from a “peer perform” rating to an “outperform” rating and set a $130.00 price objective for the company in a research note on Thursday, October 10th. Oppenheimer increased their price objective on shares of TransUnion from $118.00 to $122.00 and gave the company an “outperform” rating in a research report on Thursday, October 24th. The Goldman Sachs Group lifted their price objective on shares of TransUnion from $97.00 to $109.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 2nd. Morgan Stanley raised their price target on TransUnion from $103.00 to $119.00 and gave the company an “overweight” rating in a research note on Thursday, October 24th. Finally, UBS Group initiated coverage on TransUnion in a research report on Tuesday, October 1st. They set a “neutral” rating and a $110.00 price objective for the company. Seven research analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $106.81.

TransUnion Trading Up 0.1 %

TRU stock opened at $97.03 on Wednesday. The company has a quick ratio of 1.68, a current ratio of 1.68 and a debt-to-equity ratio of 1.19. The company has a market cap of $18.91 billion, a price-to-earnings ratio of 84.37, a PEG ratio of 1.30 and a beta of 1.62. The business has a fifty day simple moving average of $103.68 and a 200-day simple moving average of $89.36. TransUnion has a 52 week low of $56.85 and a 52 week high of $113.17.

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

TransUnion Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 9th. Shareholders of record on Friday, November 22nd will be paid 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 0.43%. TransUnion’s dividend payout ratio is currently 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.