Geode Capital Management LLC Grows Stock Position in TransUnion (NYSE:TRU)

Geode Capital Management LLC increased its holdings in TransUnion (NYSE:TRU) by 1.6% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,026,934 shares of the business services provider’s stock after buying an additional 47,663 shares during the quarter. Geode Capital Management LLC owned 1.55% of TransUnion worth $316,135,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Massachusetts Financial Services Co. MA raised its position in TransUnion by 32.2% in the second quarter. Massachusetts Financial Services Co. MA now owns 16,339,762 shares of the business services provider’s stock worth $1,211,757,000 after acquiring an additional 3,977,595 shares during the period. FMR LLC increased its stake in shares of TransUnion by 307.7% in the 3rd quarter. FMR LLC now owns 4,540,896 shares of the business services provider’s stock worth $475,432,000 after purchasing an additional 3,427,199 shares in the last quarter. XN LP lifted its position in TransUnion by 194.7% during the second quarter. XN LP now owns 1,973,684 shares of the business services provider’s stock valued at $146,368,000 after purchasing an additional 1,303,996 shares in the last quarter. Westfield Capital Management Co. LP purchased a new position in TransUnion during the third quarter valued at $92,661,000. Finally, Ninety One UK Ltd grew its holdings in TransUnion by 37.4% during the second quarter. Ninety One UK Ltd now owns 2,566,928 shares of the business services provider’s stock valued at $190,363,000 after purchasing an additional 698,580 shares during the period.

Insider Activity at TransUnion

In related news, Director George M. Awad sold 12,000 shares of the firm’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $100.00, for a total value of $1,200,000.00. Following the transaction, the director now directly owns 27,026 shares of the company’s stock, valued at approximately $2,702,600. This trade represents a 30.75 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Timothy J. Martin sold 2,500 shares of TransUnion stock in a transaction that occurred on Tuesday, October 1st. The stock was sold at an average price of $104.59, for a total value of $261,475.00. Following the completion of the sale, the executive vice president now directly owns 46,739 shares in the company, valued at $4,888,432.01. This represents a 5.08 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 20,590 shares of company stock worth $2,084,633. 0.22% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on TRU shares. Stifel Nicolaus increased their price objective on shares of TransUnion from $103.00 to $120.00 and gave the stock a “buy” rating in a research note on Thursday, October 24th. Barclays upped their target price on shares of TransUnion from $80.00 to $105.00 and gave the company an “equal weight” rating in a research report on Friday, September 13th. Wolfe Research raised shares of TransUnion from a “peer perform” rating to an “outperform” rating and set a $130.00 target price on the stock in a research note on Thursday, October 10th. Robert W. Baird upped their price objective on TransUnion from $104.00 to $130.00 and gave the company an “outperform” rating in a research report on Thursday, October 24th. Finally, Needham & Company LLC reaffirmed a “hold” rating on shares of TransUnion in a research note on Thursday, October 24th. Seven investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $107.06.

TransUnion Price Performance

Shares of NYSE TRU opened at $98.43 on Friday. TransUnion has a fifty-two week low of $63.03 and a fifty-two week high of $113.17. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.68 and a current ratio of 1.68. The company has a market cap of $19.18 billion, a PE ratio of 85.59, a P/E/G ratio of 1.40 and a beta of 1.60. The business has a 50-day simple moving average of $102.39 and a two-hundred day simple moving average of $91.92.

TransUnion (NYSE:TRU) last issued its quarterly earnings results 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 during the quarter, compared to analysts’ expectations of $1.06 billion. TransUnion had a return on equity of 15.38% and a net margin of 5.47%. The firm’s revenue was up 12.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.80 EPS. As a group, equities analysts expect that TransUnion will post 3.44 EPS for the current fiscal year.

TransUnion Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, December 9th. Shareholders of record on Friday, November 22nd were given a dividend of $0.105 per share. This represents a $0.42 annualized dividend and a yield of 0.43%. The ex-dividend date of this dividend was Friday, November 22nd. 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.