TransUnion (NYSE:TRU) Shares Purchased by Loomis Sayles & Co. L P

Loomis Sayles & Co. L P grew its position in shares of TransUnion (NYSE:TRU) by 2.6% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 160,898 shares of the business services provider’s stock after acquiring an additional 4,100 shares during the quarter. Loomis Sayles & Co. L P owned about 0.08% of TransUnion worth $16,846,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Massachusetts Financial Services Co. MA increased its position in TransUnion by 17.4% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 19,180,562 shares of the business services provider’s stock worth $2,008,205,000 after purchasing an additional 2,840,800 shares in the last quarter. Victory Capital Management Inc. grew its stake in TransUnion by 24.1% during the second 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. Ninety One UK Ltd increased its position in shares of TransUnion by 37.4% in the second quarter. Ninety One UK Ltd now owns 2,566,928 shares of the business services provider’s stock worth $190,363,000 after acquiring an additional 698,580 shares in the last quarter. XN LP raised its stake in shares of TransUnion by 194.7% in the 2nd quarter. XN LP now owns 1,973,684 shares of the business services provider’s stock valued at $146,368,000 after acquiring an additional 1,303,996 shares during the period. Finally, Dimensional Fund Advisors LP lifted its holdings in shares of TransUnion by 11.9% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,521,270 shares of the business services provider’s stock valued at $112,824,000 after acquiring an additional 161,791 shares in the last quarter.

Insiders Place Their Bets

In other news, EVP Timothy J. Martin sold 2,500 shares of the stock in a transaction that occurred on Tuesday, October 1st. The stock was sold at an average price of $104.59, for a total transaction of $261,475.00. Following the sale, the executive vice president now directly owns 46,739 shares in the company, valued at approximately $4,888,432.01. This represents a 5.08 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Steven M. Chaouki sold 1,000 shares of the business’s stock in a transaction that occurred 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 owns 64,488 shares of the company’s stock, valued at $6,168,277.20. This represents a 1.53 % 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. 0.28% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on TRU. Royal Bank of Canada reiterated an “outperform” rating and issued a $121.00 price target on shares of TransUnion in a report on Thursday, October 24th. Wells Fargo & Company raised their target price on TransUnion from $125.00 to $135.00 and gave the company an “overweight” rating in a report on Thursday, October 24th. Oppenheimer decreased their price target on TransUnion from $122.00 to $115.00 and set an “outperform” rating for the company in a report on Wednesday, November 20th. Stifel Nicolaus lifted their price objective on shares of TransUnion from $103.00 to $120.00 and gave the company a “buy” rating in a research note on Thursday, October 24th. Finally, Needham & Company LLC reissued a “hold” rating on shares of TransUnion in a research report on Thursday, October 24th. Seven equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $106.38.

TransUnion Price Performance

TRU opened at $100.73 on Wednesday. The company has a market capitalization of $19.63 billion, a P/E ratio of 87.59, a PEG ratio of 1.42 and a beta of 1.62. The company has a 50-day moving average of $103.69 and a 200-day moving average of $89.94. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.68 and a current ratio of 1.68. TransUnion has a 1-year low of $56.85 and a 1-year high of $113.17.

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

TransUnion Dividend Announcement

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 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.