Sumitomo Mitsui Trust Group Inc. Purchases 140,952 Shares of TransUnion (NYSE:TRU)

Sumitomo Mitsui Trust Group Inc. grew its position in shares of TransUnion (NYSE:TRU) by 12.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,308,028 shares of the business services provider’s stock after acquiring an additional 140,952 shares during the quarter. Sumitomo Mitsui Trust Group Inc. owned about 0.67% of TransUnion worth $136,951,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of the company. Empowered Funds LLC increased its stake in TransUnion by 17.4% during the 1st quarter. Empowered Funds LLC now owns 3,851 shares of the business services provider’s stock valued at $307,000 after purchasing an additional 572 shares in the last quarter. Sei Investments Co. raised its holdings in shares of TransUnion by 2.2% in the 1st quarter. Sei Investments Co. now owns 45,827 shares of the business services provider’s stock worth $3,658,000 after acquiring an additional 975 shares during the last quarter. Russell Investments Group Ltd. lifted its position in TransUnion by 23.6% in the 1st quarter. Russell Investments Group Ltd. now owns 199,667 shares of the business services provider’s stock valued at $15,911,000 after acquiring an additional 38,098 shares in the last quarter. Bleakley Financial Group LLC boosted its stake in TransUnion by 12.8% during the 1st quarter. Bleakley Financial Group LLC now owns 14,871 shares of the business services provider’s stock valued at $1,187,000 after purchasing an additional 1,691 shares during the last quarter. Finally, State Board of Administration of Florida Retirement System increased its holdings in TransUnion by 3.0% during the 1st quarter. State Board of Administration of Florida Retirement System now owns 214,024 shares of the business services provider’s stock worth $17,079,000 after purchasing an additional 6,158 shares in the last quarter.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the company. Robert W. Baird raised their target price on TransUnion from $104.00 to $130.00 and gave the company an “outperform” rating in a report on Thursday, October 24th. Royal Bank of Canada reaffirmed an “outperform” rating and set a $121.00 price objective on shares of TransUnion in a report on Thursday, October 24th. Morgan Stanley increased their target price on shares of TransUnion from $103.00 to $119.00 and gave the company an “overweight” rating in a report on Thursday, October 24th. Oppenheimer boosted their price target on shares of TransUnion from $118.00 to $122.00 and gave the stock an “outperform” rating in a report on Thursday, October 24th. Finally, Barclays upped their price objective 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. Seven investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $104.53.

Insider Buying and Selling

In other news, CAO Jennifer A. Williams sold 405 shares of the company’s 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 sale, the chief accounting officer now directly owns 7,186 shares in the company, valued at $686,837.88. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. In other news, CAO Jennifer A. Williams sold 405 shares of the firm’s stock in a transaction that occurred on Thursday, August 29th. The shares were sold at an average price of $95.58, for a total value of $38,709.90. Following the completion of the transaction, the chief accounting officer now directly 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 legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Steven M. Chaouki sold 1,500 shares of the company’s 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 sale, the insider now directly owns 62,988 shares in the company, valued at $6,655,312.08. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 11,315 shares of company stock valued at $1,119,897. Corporate insiders own 0.28% of the company’s stock.

TransUnion Stock Down 3.6 %

Shares of NYSE TRU opened at $102.90 on Wednesday. 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 stock has a market capitalization of $20.06 billion, a PE ratio of 89.48, a P/E/G ratio of 1.45 and a beta of 1.62. TransUnion has a one year low of $51.50 and a one year high of $113.17. The business’s fifty day moving average price is $103.39 and its 200-day moving average price is $88.54.

TransUnion (NYSE:TRU) last posted its earnings results on Wednesday, October 23rd. The business services provider reported $1.04 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.03. The firm had revenue of $1.09 billion during the quarter, compared to the consensus estimate of $1.06 billion. TransUnion had a net margin of 5.47% and a return on equity of 15.38%. The company’s revenue was up 12.0% on a year-over-year basis. During the same quarter last year, the company earned $0.80 earnings per share. On average, equities research analysts anticipate that TransUnion will post 3.46 EPS for the current year.

TransUnion Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, December 9th. Stockholders of record on Friday, November 22nd will be given a $0.105 dividend. This represents a $0.42 annualized dividend and a dividend yield of 0.41%. The ex-dividend date of this dividend is Friday, November 22nd. TransUnion’s dividend payout ratio (DPR) is presently 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.