Copeland Capital Management LLC Cuts Stake in TransUnion (NYSE:TRU)

Copeland Capital Management LLC lowered its holdings in shares of TransUnion (NYSE:TRU) by 15.7% during the 3rd quarter, Holdings Channel.com reports. The firm owned 331,355 shares of the business services provider’s stock after selling 61,761 shares during the quarter. Copeland Capital Management LLC’s holdings in TransUnion were worth $34,693,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in TRU. CANADA LIFE ASSURANCE Co grew its holdings in TransUnion by 3.6% in the 1st quarter. CANADA LIFE ASSURANCE Co now owns 179,865 shares of the business services provider’s stock worth $14,369,000 after acquiring an additional 6,270 shares during the last quarter. Picton Mahoney Asset Management purchased a new position in TransUnion during the 1st quarter valued at about $3,900,000. California State Teachers Retirement System raised its position in TransUnion by 2.4% during the 1st quarter. California State Teachers Retirement System now owns 327,518 shares of the business services provider’s stock valued at $26,136,000 after purchasing an additional 7,636 shares during the last quarter. Victory Capital Management Inc. lifted its holdings in TransUnion by 24.1% in the 2nd quarter. Victory Capital Management Inc. now owns 3,468,854 shares of the business services provider’s stock worth $257,250,000 after buying an additional 674,187 shares during the period. Finally, Nordea Investment Management AB grew its position in shares of TransUnion by 6.8% in the 1st quarter. Nordea Investment Management AB now owns 13,135 shares of the business services provider’s stock worth $1,058,000 after buying an additional 832 shares during the last quarter.

Analyst Ratings Changes

A number of brokerages recently commented on TRU. Oppenheimer raised their price target on TransUnion from $97.00 to $118.00 and gave the stock an “outperform” rating in a research note on Tuesday, October 8th. Barclays raised their target price on shares of TransUnion from $80.00 to $105.00 and gave the stock an “equal weight” rating in a research report on Friday, September 13th. Wolfe Research upgraded shares of TransUnion from a “peer perform” rating to an “outperform” rating and set a $130.00 price target on the stock in a research report on Thursday, October 10th. The Goldman Sachs Group raised their price objective on shares of TransUnion from $97.00 to $109.00 and gave the stock a “neutral” rating in a report on Wednesday, October 2nd. Finally, Morgan Stanley upped their target price on TransUnion from $96.00 to $103.00 and gave the stock an “overweight” rating in a report on Thursday, September 12th. Seven investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $98.71.

TransUnion Price Performance

Shares of TRU opened at $107.48 on Tuesday. The firm has a fifty day simple moving average of $100.41 and a two-hundred day simple moving average of $85.01. The firm has a market cap of $20.88 billion, a PE ratio of -84.63, a P/E/G ratio of 1.40 and a beta of 1.62. The company has a current ratio of 1.66, a quick ratio of 1.66 and a debt-to-equity ratio of 1.22. TransUnion has a 1-year low of $42.09 and a 1-year high of $108.56.

TransUnion (NYSE:TRU) last announced its earnings results on Thursday, July 25th. The business services provider reported $0.99 EPS for the quarter, topping analysts’ consensus estimates of $0.86 by $0.13. TransUnion had a positive return on equity of 15.03% and a negative net margin of 6.11%. The company had revenue of $1.04 billion for the quarter, compared to analysts’ expectations of $1.02 billion. During the same period last year, the firm earned $0.76 EPS. TransUnion’s revenue for the quarter was up 7.5% compared to the same quarter last year. On average, equities analysts anticipate that TransUnion will post 3.46 EPS for the current year.

TransUnion Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 9th. Investors of record on Friday, August 23rd were paid a dividend of $0.105 per share. The ex-dividend date of this dividend was Friday, August 23rd. This represents a $0.42 dividend on an annualized basis and a dividend yield of 0.39%. TransUnion’s dividend payout ratio (DPR) is presently -33.07%.

Insider Activity at TransUnion

In other TransUnion news, CAO Jennifer A. Williams sold 405 shares of TransUnion stock in a transaction that occurred 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 transaction, the chief accounting officer now owns 7,186 shares of the company’s stock, valued at $686,837.88. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In related news, CAO Jennifer A. Williams sold 405 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 transaction of $38,709.90. Following the completion of the sale, the chief accounting officer now owns 7,186 shares in the company, valued at approximately $686,837.88. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Todd C. Skinner sold 2,900 shares of the business’s stock in a transaction that occurred on Thursday, August 8th. The stock was sold at an average price of $85.58, for a total value of $248,182.00. Following the completion of the transaction, the insider now directly owns 27,729 shares in the company, valued at approximately $2,373,047.82. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 13,715 shares of company stock worth $1,299,729. 0.22% of the stock is owned by company insiders.

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.