OLD National Bancorp IN Sells 336 Shares of TransUnion (NYSE:TRU)

OLD National Bancorp IN reduced its position in TransUnion (NYSE:TRU) by 9.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,188 shares of the business services provider’s stock after selling 336 shares during the quarter. OLD National Bancorp IN’s holdings in TransUnion were worth $296,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Algert Global LLC acquired a new position in shares of TransUnion in the 2nd quarter worth approximately $222,000. Creative Planning lifted its holdings in shares of TransUnion by 14.2% during the second quarter. Creative Planning now owns 7,842 shares of the business services provider’s stock valued at $582,000 after acquiring an additional 975 shares during the period. Quarry LP boosted its stake in shares of TransUnion by 963.0% in the 2nd quarter. Quarry LP now owns 574 shares of the business services provider’s stock valued at $43,000 after purchasing an additional 520 shares in the last quarter. Sanctuary Advisors LLC bought a new stake in shares of TransUnion in the 2nd quarter worth about $1,008,000. Finally, SG Americas Securities LLC acquired a new stake in shares of TransUnion during the 3rd quarter worth about $469,000.

Wall Street Analyst Weigh In

TRU has been the topic of a number of recent analyst reports. Robert W. Baird boosted their price target on shares of TransUnion from $104.00 to $130.00 and gave the company an “outperform” rating in a research report on Thursday, October 24th. Royal Bank of Canada restated an “outperform” rating and set a $121.00 price target on shares of TransUnion in a research report on Thursday, October 24th. Stifel Nicolaus lifted their price objective on TransUnion from $103.00 to $120.00 and gave the company a “buy” rating in a research report on Thursday, October 24th. Wells Fargo & Company lowered their target price on TransUnion from $135.00 to $126.00 and set an “overweight” rating for the company in a research note on Friday, January 10th. Finally, Needham & Company LLC reiterated a “hold” rating on shares of TransUnion in a research report on Thursday, January 16th. Six analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $108.00.

Insider Activity at TransUnion

In other news, Director George M. Awad sold 12,000 shares of the company’s stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $100.00, for a total value of $1,200,000.00. Following the completion of the sale, the director now directly owns 27,026 shares of the company’s stock, valued at $2,702,600. This represents a 30.75 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Steven M. Chaouki sold 1,500 shares of TransUnion stock in a transaction that occurred on Friday, November 8th. The stock was sold at an average price of $105.66, for a total transaction of $158,490.00. Following the transaction, the insider now directly owns 62,988 shares in the company, valued at $6,655,312.08. The trade was a 2.33 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 19,090 shares of company stock worth $1,916,758. 0.22% of the stock is owned by insiders.

TransUnion Trading Down 0.4 %

Shares of NYSE TRU opened at $99.26 on Monday. TransUnion has a fifty-two week low of $66.07 and a fifty-two week high of $113.17. The firm has a market capitalization of $19.35 billion, a P/E ratio of 86.31, a P/E/G ratio of 1.17 and a beta of 1.62. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.68 and a quick ratio of 1.68. The company’s 50 day simple moving average is $95.95 and its 200 day simple moving average is $97.02.

TransUnion Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 9th. Investors of record on Friday, November 22nd were paid a dividend of $0.105 per share. The ex-dividend date was Friday, November 22nd. This represents a $0.42 dividend on an annualized basis and a dividend yield of 0.42%. TransUnion’s dividend payout ratio (DPR) is presently 36.52%.

TransUnion Company 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.