TransUnion (NYSE:TRU) Shares Purchased by Ninety One UK Ltd

Ninety One UK Ltd raised its stake in TransUnion (NYSE:TRU) by 6.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 3,054,632 shares of the business services provider’s stock after purchasing an additional 188,300 shares during the quarter. Ninety One UK Ltd’s holdings in TransUnion were worth $283,195,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Massachusetts Financial Services Co. MA lifted its stake in shares of TransUnion by 17.4% in 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 acquiring an additional 2,840,800 shares during the period. FMR LLC grew its stake in shares of TransUnion by 307.7% during the 3rd quarter. FMR LLC now owns 4,540,896 shares of the business services provider’s stock worth $475,432,000 after purchasing an additional 3,427,199 shares during the period. Wellington Management Group LLP boosted its holdings in TransUnion by 16.8% during the third quarter. Wellington Management Group LLP now owns 4,426,510 shares of the business services provider’s stock worth $463,456,000 after buying an additional 635,581 shares in the last quarter. Janus Henderson Group PLC grew its holdings in shares of TransUnion by 2.4% in the 3rd quarter. Janus Henderson Group PLC now owns 3,154,262 shares of the business services provider’s stock worth $330,251,000 after acquiring an additional 75,410 shares during the period. Finally, Geode Capital Management LLC increased its position in shares of TransUnion by 1.6% in the third quarter. Geode Capital Management LLC now owns 3,026,934 shares of the business services provider’s stock valued at $316,135,000 after buying an additional 47,663 shares in the last quarter.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on TRU shares. Stifel Nicolaus boosted their price target on TransUnion from $103.00 to $120.00 and gave the stock a “buy” rating in a report on Thursday, October 24th. Royal Bank of Canada restated an “outperform” rating and issued a $121.00 price objective on shares of TransUnion in a report on Thursday, October 24th. Needham & Company LLC restated a “hold” rating on shares of TransUnion in a report on Thursday, January 16th. UBS Group upped their price target on TransUnion from $102.00 to $104.00 and gave the stock a “neutral” rating in a report on Monday. Finally, Robert W. Baird upped their price objective 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. Six analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $107.63.

Insider Buying and Selling at TransUnion

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 transaction 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 represents a 30.75 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Todd C. Skinner sold 3,090 shares of TransUnion stock in a transaction that occurred on Friday, November 29th. The stock was sold at an average price of $101.48, for a total transaction of $313,573.20. Following the completion of the transaction, the insider now owns 24,333 shares in the company, valued at approximately $2,469,312.84. This trade represents a 11.27 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 20,090 shares of company stock valued at $2,012,708. 0.28% of the stock is owned by insiders.

TransUnion Price Performance

NYSE TRU opened at $97.68 on Wednesday. TransUnion has a 12 month low of $66.07 and a 12 month high of $113.17. The firm has a market capitalization of $19.04 billion, a PE ratio of 84.94, a P/E/G ratio of 1.20 and a beta of 1.63. The company’s 50 day simple moving average is $95.76 and its 200 day simple moving average is $97.30. 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 Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, December 9th. Investors of record on Friday, November 22nd were issued a dividend of $0.105 per share. This represents a $0.42 dividend on an annualized basis and a yield of 0.43%. The ex-dividend date of this dividend was Friday, November 22nd. TransUnion’s payout ratio is currently 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.