TransUnion (NYSE:TRU) Shares Bought by Larson Financial Group LLC

Larson Financial Group LLC raised its stake in TransUnion (NYSE:TRU) by 50.0% during the third quarter, Holdings Channel reports. The firm owned 3,725 shares of the business services provider’s stock after purchasing an additional 1,242 shares during the period. Larson Financial Group LLC’s holdings in TransUnion were worth $390,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. California State Teachers Retirement System boosted its holdings in TransUnion by 2.4% in the first quarter. California State Teachers Retirement System now owns 327,518 shares of the business services provider’s stock valued at $26,136,000 after acquiring an additional 7,636 shares during the last quarter. Victory Capital Management Inc. raised its holdings 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 purchasing an additional 674,187 shares during the period. Sumitomo Mitsui Trust Group Inc. lifted its stake in shares of TransUnion by 12.1% in 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 holdings in shares of TransUnion by 156.6% during the 2nd 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. increased its position in 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 purchasing an additional 7,669 shares in the last quarter.

Analyst Ratings Changes

Several equities research analysts have issued reports on the stock. UBS Group initiated coverage on shares of TransUnion in a research note on Tuesday, October 1st. They set a “neutral” rating and a $110.00 price objective for the company. Royal Bank of Canada reaffirmed an “outperform” rating and set a $121.00 price target on shares of TransUnion in a research report on Thursday, October 24th. Barclays raised their price objective on TransUnion from $80.00 to $105.00 and gave the company an “equal weight” rating in a research report on Friday, September 13th. Needham & Company LLC reaffirmed a “hold” rating on shares of TransUnion in a research report on Thursday, October 24th. Finally, Robert W. Baird increased their target price on TransUnion from $104.00 to $130.00 and gave the company an “outperform” rating in a research note on Thursday, October 24th. Seven analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to data from MarketBeat, TransUnion currently has a consensus rating of “Moderate Buy” and a consensus price target of $106.38.

TransUnion Price Performance

Shares of TRU stock opened at $100.73 on Wednesday. The firm has a fifty day moving average of $103.69 and a two-hundred day moving average of $89.94. The firm has a market cap of $19.63 billion, a P/E ratio of 87.59, a P/E/G ratio of 1.37 and a beta of 1.62. TransUnion has a 1-year low of $56.85 and a 1-year high of $113.17. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.68 and a quick ratio of 1.68.

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

TransUnion Announces Dividend

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

Insiders Place Their Bets

In other news, insider Steven M. Chaouki sold 1,000 shares of the company’s stock in a transaction that occurred on Tuesday, September 3rd. The stock was sold at an average price of $95.65, for a total transaction of $95,650.00. Following the completion of the transaction, the insider now directly owns 64,488 shares of the company’s stock, valued at approximately $6,168,277.20. This represents a 1.53 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Timothy J. Martin sold 2,500 shares of the firm’s stock in a transaction that occurred on Tuesday, October 1st. The stock was sold at an average price of $104.59, for a total value of $261,475.00. Following the completion of the sale, the executive vice president now directly owns 46,739 shares in the company, valued at approximately $4,888,432.01. This trade represents a 5.08 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 23,078 shares of company stock valued at $2,296,725 over the last 90 days. 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.