Loomis Sayles & Co. L P lifted its holdings in shares of TransUnion (NYSE:TRU – Free Report) by 2.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 160,898 shares of the business services provider’s stock after buying an additional 4,100 shares during the period. Loomis Sayles & Co. L P’s holdings in TransUnion were worth $16,846,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in TRU. Signaturefd LLC raised its stake in TransUnion by 15.0% during the 3rd quarter. Signaturefd LLC now owns 788 shares of the business services provider’s stock valued at $83,000 after acquiring an additional 103 shares in the last quarter. Elo Mutual Pension Insurance Co raised its stake in shares of TransUnion by 0.7% during the second 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. Huntington National Bank lifted its holdings in TransUnion by 84.5% in the third quarter. Huntington National Bank now owns 286 shares of the business services provider’s stock worth $30,000 after purchasing an additional 131 shares during the period. Lindbrook Capital LLC lifted its holdings in TransUnion by 4.0% in the third quarter. Lindbrook Capital LLC now owns 4,260 shares of the business services provider’s stock worth $446,000 after purchasing an additional 163 shares during the period. Finally, V Square Quantitative Management LLC grew its position in TransUnion by 6.4% in the 2nd quarter. V Square Quantitative Management LLC now owns 2,762 shares of the business services provider’s stock valued at $205,000 after buying an additional 165 shares in the last quarter.
Insider Activity at TransUnion
In other TransUnion news, CAO Jennifer A. Williams sold 405 shares of TransUnion stock in a transaction on Thursday, August 29th. The shares were sold at an average price of $95.58, for a total transaction of $38,709.90. Following the completion of the sale, the chief accounting officer now owns 7,186 shares of the company’s stock, valued at $686,837.88. This trade represents a 5.34 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Steven M. Chaouki sold 1,500 shares of the business’s stock in a transaction on Friday, November 8th. The shares were sold at an average price of $105.66, for a total transaction of $158,490.00. Following the transaction, the insider now owns 62,988 shares in the company, valued at approximately $6,655,312.08. This represents a 2.33 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 23,078 shares of company stock valued at $2,296,725. Corporate insiders own 0.28% of the company’s stock.
TransUnion Trading Down 1.6 %
TransUnion (NYSE:TRU – Get Free Report) last posted its quarterly earnings results on Wednesday, October 23rd. The business services provider reported $1.04 earnings per share for the quarter, beating the consensus estimate of $1.01 by $0.03. The firm had revenue of $1.09 billion for the quarter, compared to analyst estimates of $1.06 billion. TransUnion had a return on equity of 15.38% and a net margin of 5.47%. TransUnion’s quarterly revenue was up 12.0% on a year-over-year basis. During the same period in the previous year, the firm earned $0.80 earnings per share. Equities analysts anticipate that TransUnion will post 3.45 EPS for the current year.
TransUnion Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Monday, December 9th. Investors of record on Friday, November 22nd will be issued a dividend of $0.105 per share. This represents a $0.42 annualized dividend and a dividend yield of 0.42%. The ex-dividend date of this dividend is Friday, November 22nd. TransUnion’s dividend payout ratio is currently 36.52%.
Wall Street Analysts Forecast Growth
TRU has been the subject of a number of research analyst reports. Morgan Stanley upped their price target on shares of TransUnion from $103.00 to $119.00 and gave the stock an “overweight” rating in a research note on Thursday, October 24th. Wells Fargo & Company increased their price target on TransUnion from $125.00 to $135.00 and gave the company an “overweight” rating in a research note on Thursday, October 24th. Oppenheimer dropped their price objective on TransUnion from $122.00 to $115.00 and set an “outperform” rating on the stock in a research note on Wednesday, November 20th. Royal Bank of Canada reaffirmed an “outperform” rating and set a $121.00 target price on shares of TransUnion in a research note on Thursday, October 24th. Finally, Needham & Company LLC reiterated a “hold” rating on shares of TransUnion in a research report on Thursday, October 24th. 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.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $106.38.
Check Out Our Latest Report on TransUnion
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.
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