Ridgewood Investments LLC Sells 231 Shares of TransUnion (NYSE:TRU)

Ridgewood Investments LLC cut its stake in TransUnion (NYSE:TRU) by 22.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 783 shares of the business services provider’s stock after selling 231 shares during the period. Ridgewood Investments LLC’s holdings in TransUnion were worth $73,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Huntington National Bank grew its holdings in shares of TransUnion by 84.5% in the third quarter. Huntington National Bank now owns 286 shares of the business services provider’s stock worth $30,000 after purchasing an additional 131 shares during the last quarter. Versant Capital Management Inc lifted its stake in TransUnion by 82.1% in the fourth quarter. Versant Capital Management Inc now owns 428 shares of the business services provider’s stock worth $40,000 after acquiring an additional 193 shares during the period. Quarry LP lifted its stake in TransUnion by 963.0% in the second quarter. Quarry LP now owns 574 shares of the business services provider’s stock worth $43,000 after acquiring an additional 520 shares during the period. True Wealth Design LLC lifted its stake in TransUnion by 4,590.0% in the third quarter. True Wealth Design LLC now owns 469 shares of the business services provider’s stock worth $49,000 after acquiring an additional 459 shares during the period. Finally, National Bank of Canada FI lifted its stake in TransUnion by 22.3% in the second quarter. National Bank of Canada FI now owns 910 shares of the business services provider’s stock worth $66,000 after acquiring an additional 166 shares during the period.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on TRU shares. Oppenheimer lowered their price objective on shares of TransUnion from $115.00 to $112.00 and set an “outperform” rating for the company in a research note on Tuesday. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $121.00 price objective on shares of TransUnion in a research note on Thursday, October 24th. Stifel Nicolaus upped their price objective on shares of TransUnion from $103.00 to $120.00 and gave the stock a “buy” rating in a research note on Thursday, October 24th. Needham & Company LLC reaffirmed a “hold” rating on shares of TransUnion in a research note on Thursday, October 24th. Finally, Robert W. Baird increased their price target on shares of TransUnion from $104.00 to $130.00 and gave the company an “outperform” rating in a research report on Thursday, October 24th. Seven investment 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 presently has an average rating of “Moderate Buy” and a consensus target price of $106.31.

Insider Buying and Selling

In related news, Director George M. Awad sold 12,000 shares of the stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $100.00, for a total value of $1,200,000.00. Following the transaction, the director now owns 27,026 shares in the company, valued at approximately $2,702,600. This represents a 30.75 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Steven M. Chaouki sold 1,500 shares of the 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 completion of the transaction, the insider now owns 62,988 shares in the company, valued at approximately $6,655,312.08. This trade represents a 2.33 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 19,090 shares of company stock worth $1,916,758. 0.28% of the stock is owned by company insiders.

TransUnion Stock Performance

Shares of TransUnion stock opened at $86.55 on Friday. The firm has a market capitalization of $16.87 billion, a P/E ratio of 75.26, a PEG ratio of 1.37 and a beta of 1.62. The company has a quick ratio of 1.68, a current ratio of 1.68 and a debt-to-equity ratio of 1.19. The company has a 50 day moving average price of $97.82 and a 200 day moving average price of $94.68. TransUnion has a 52 week low of $66.07 and a 52 week high of $113.17.

TransUnion (NYSE:TRU) last announced its quarterly earnings data on Wednesday, October 23rd. The business services provider reported $1.04 EPS for the quarter, beating the consensus estimate of $1.01 by $0.03. The firm had revenue of $1.09 billion during the quarter, compared to analyst estimates of $1.06 billion. TransUnion had a net margin of 5.47% and a return on equity of 15.38%. TransUnion’s revenue was up 12.0% on a year-over-year basis. During the same period last year, the firm posted $0.80 EPS. Sell-side analysts expect that TransUnion will post 3.44 EPS for the current year.

TransUnion Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, December 9th. Investors of record on Friday, November 22nd were issued a $0.105 dividend. The ex-dividend date was Friday, November 22nd. This represents a $0.42 annualized dividend and a yield of 0.49%. TransUnion’s dividend payout ratio (DPR) is presently 36.52%.

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.