510 Shares in TransUnion (NYSE:TRU) Acquired by Retirement Wealth Solutions LLC

Retirement Wealth Solutions LLC bought a new stake in TransUnion (NYSE:TRU) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 510 shares of the business services provider’s stock, valued at approximately $44,000.

Several other hedge funds also recently bought and sold shares of the company. Merit Financial Group LLC bought a new stake in shares of TransUnion in the fourth quarter worth about $292,000. Avanza Fonder AB acquired a new stake in TransUnion during the 4th quarter worth approximately $1,389,000. Park Avenue Securities LLC lifted its stake in TransUnion by 36.7% in the fourth quarter. Park Avenue Securities LLC now owns 6,405 shares of the business services provider’s stock valued at $594,000 after buying an additional 1,721 shares in the last quarter. Assenagon Asset Management S.A. boosted its holdings in shares of TransUnion by 22.0% in the fourth quarter. Assenagon Asset Management S.A. now owns 26,308 shares of the business services provider’s stock valued at $2,439,000 after buying an additional 4,743 shares during the period. Finally, Oak Thistle LLC bought a new stake in shares of TransUnion during the fourth quarter worth $551,000.

TransUnion Stock Performance

Shares of NYSE TRU opened at $95.26 on Friday. The company has a current ratio of 1.68, a quick ratio of 1.68 and a debt-to-equity ratio of 1.19. The company has a market capitalization of $18.57 billion, a P/E ratio of 82.83, a P/E/G ratio of 1.02 and a beta of 1.62. TransUnion has a 12 month low of $66.07 and a 12 month high of $113.17. The stock has a 50 day moving average of $96.45 and a 200-day moving average of $95.40.

TransUnion (NYSE:TRU) last announced its quarterly earnings results on Wednesday, October 23rd. The business services provider reported $1.04 EPS for the quarter, beating analysts’ consensus estimates of $1.01 by $0.03. The business had revenue of $1.09 billion for the quarter, compared to analyst estimates of $1.06 billion. TransUnion had a net margin of 5.47% and a return on equity of 15.38%. TransUnion’s quarterly revenue was up 12.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.80 EPS. As a group, equities research analysts predict that TransUnion will post 3.44 EPS for the current year.

TransUnion Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, December 9th. Stockholders of record on Friday, November 22nd were issued a dividend of $0.105 per share. This represents a $0.42 dividend on an annualized basis and a dividend yield of 0.44%. The ex-dividend date was Friday, November 22nd. TransUnion’s dividend payout ratio is currently 36.52%.

Insider Activity

In related news, insider Todd C. Skinner sold 3,090 shares of the company’s stock in a transaction dated Friday, November 29th. The shares were sold at an average price of $101.48, for a total transaction of $313,573.20. Following the completion of the sale, the insider now owns 24,333 shares of the company’s stock, valued at $2,469,312.84. This represents a 11.27 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Steven M. Chaouki sold 1,500 shares of the stock in a transaction dated Friday, November 8th. The stock was sold at an average price of $105.66, for a total transaction of $158,490.00. Following the sale, the insider now owns 62,988 shares in the company, valued at $6,655,312.08. The trade was a 2.33 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 19,090 shares of company stock valued at $1,916,758. 0.28% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. Wells Fargo & Company reduced their target price on shares of TransUnion from $135.00 to $126.00 and set an “overweight” rating for the company in a research note on Friday, January 10th. The Goldman Sachs Group lifted their target price on TransUnion from $97.00 to $109.00 and gave the company a “neutral” rating in a research report on Wednesday, October 2nd. Wolfe Research raised TransUnion from a “peer perform” rating to an “outperform” rating and set a $130.00 price target for the company in a research report on Thursday, October 10th. Jefferies Financial Group lowered their price objective on shares of TransUnion from $125.00 to $115.00 and set a “buy” rating on the stock in a report on Wednesday. Finally, Royal Bank of Canada restated an “outperform” rating and set a $121.00 target price on shares of TransUnion in a report on Thursday, October 24th. Seven equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. Based on data from MarketBeat, TransUnion presently has a consensus rating of “Moderate Buy” and an average target price of $108.19.

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.