Bridgewater Associates LP Has $22.39 Million Holdings in TransUnion (NYSE:TRU)

Bridgewater Associates LP decreased its position in shares of TransUnion (NYSE:TRU) by 54.2% in the 3rd quarter, Holdings Channel reports. The firm owned 213,822 shares of the business services provider’s stock after selling 253,083 shares during the quarter. Bridgewater Associates LP’s holdings in TransUnion were worth $22,387,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. California State Teachers Retirement System raised its stake in TransUnion by 2.4% during the first quarter. California State Teachers Retirement System now owns 327,518 shares of the business services provider’s stock worth $26,136,000 after buying an additional 7,636 shares during the last quarter. Victory Capital Management Inc. raised its position in shares of 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 acquiring an additional 674,187 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. boosted its position in shares of TransUnion by 12.1% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,308,028 shares of the business services provider’s stock valued at $136,951,000 after purchasing an additional 140,952 shares in the last quarter. Blue Trust Inc. grew its stake in TransUnion by 156.6% during the second quarter. Blue Trust Inc. now owns 857 shares of the business services provider’s stock worth $68,000 after purchasing an additional 523 shares during the period. Finally, Harbor Capital Advisors Inc. grew its position in shares of TransUnion by 359.2% during the 2nd quarter. Harbor Capital Advisors Inc. now owns 9,804 shares of the business services provider’s stock worth $727,000 after buying an additional 7,669 shares during the period.

Insider Buying and Selling

In other TransUnion news, Director George M. Awad sold 12,000 shares of the firm’s stock in a transaction on 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 trade represents a 30.75 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Steven M. Chaouki sold 1,000 shares of the company’s stock in a transaction on Tuesday, September 3rd. The shares were sold at an average price of $95.65, for a total value of $95,650.00. Following the transaction, the insider now directly owns 64,488 shares in the company, valued at $6,168,277.20. This represents a 1.53 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 19,500 shares of company stock valued at $1,954,740. 0.28% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the company. UBS Group assumed coverage on TransUnion in a research note on Tuesday, October 1st. They issued a “neutral” rating and a $110.00 target price for the company. The Goldman Sachs Group boosted their price objective on TransUnion from $97.00 to $109.00 and gave the company a “neutral” rating in a report on Wednesday, October 2nd. Wells Fargo & Company upped their target price on TransUnion from $125.00 to $135.00 and gave the stock an “overweight” rating in a research report on Thursday, October 24th. Wolfe Research raised shares of 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. Finally, Barclays boosted their price target on shares of TransUnion from $80.00 to $105.00 and gave the company an “equal weight” rating in a research note on Friday, September 13th. Seven investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $106.38.

TransUnion Stock Up 0.3 %

TransUnion stock opened at $101.00 on Thursday. 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 stock has a market cap of $19.68 billion, a PE ratio of 87.83, a price-to-earnings-growth ratio of 1.42 and a beta of 1.62. TransUnion has a fifty-two week low of $56.85 and a fifty-two week high of $113.17. The firm’s 50-day simple moving average is $103.71 and its 200 day simple moving average is $90.10.

TransUnion (NYSE:TRU) last released its earnings results on Wednesday, October 23rd. The business services provider reported $1.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.01 by $0.03. The company had revenue of $1.09 billion during the quarter, compared to analyst estimates of $1.06 billion. TransUnion had a return on equity of 15.38% and a net margin of 5.47%. TransUnion’s quarterly revenue was up 12.0% on a year-over-year basis. During the same period in the prior year, the company posted $0.80 earnings per share. Research analysts predict that TransUnion will post 3.45 EPS for the current fiscal year.

TransUnion Announces Dividend

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