Copeland Capital Management LLC Sells 61,761 Shares of TransUnion (NYSE:TRU)

Copeland Capital Management LLC lowered its position in TransUnion (NYSE:TRU) by 15.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 331,355 shares of the business services provider’s stock after selling 61,761 shares during the period. Copeland Capital Management LLC owned 0.17% of TransUnion worth $34,693,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Larson Financial Group LLC lifted its holdings in shares of TransUnion by 237.5% in the 1st quarter. Larson Financial Group LLC now owns 486 shares of the business services provider’s stock worth $39,000 after purchasing an additional 342 shares in the last quarter. GAMMA Investing LLC lifted its stake in shares of TransUnion by 32.9% in the first quarter. GAMMA Investing LLC now owns 573 shares of the business services provider’s stock valued at $46,000 after buying an additional 142 shares in the last quarter. Quarry LP grew its holdings in shares of TransUnion by 963.0% during the second quarter. Quarry LP now owns 574 shares of the business services provider’s stock valued at $43,000 after buying an additional 520 shares during the last quarter. Blue Trust Inc. increased its position in shares of 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 acquiring an additional 523 shares in the last quarter. Finally, National Bank of Canada FI raised its holdings in shares of TransUnion by 22.3% in the 2nd 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 last quarter.

Analyst Upgrades and Downgrades

A number of brokerages have commented on TRU. Wolfe Research raised TransUnion from a “peer perform” rating to an “outperform” rating and set a $130.00 price objective for the company in a report on Thursday, October 10th. Wells Fargo & Company upped their price target on TransUnion from $100.00 to $125.00 and gave the stock an “overweight” rating in a report on Wednesday, October 2nd. Royal Bank of Canada raised their price objective on TransUnion from $85.00 to $106.00 and gave the company an “outperform” rating in a research note on Friday, July 26th. Oppenheimer upped their target price on shares of TransUnion from $97.00 to $118.00 and gave the stock an “outperform” rating in a research note on Tuesday, October 8th. Finally, Needham & Company LLC lowered shares of TransUnion from a “buy” rating to a “hold” rating in a research report on Wednesday, August 28th. Seven investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $98.71.

TransUnion Stock Down 0.4 %

Shares of NYSE TRU opened at $107.48 on Tuesday. TransUnion has a one year low of $42.09 and a one year high of $108.56. The business’s fifty day moving average price is $100.41 and its 200-day moving average price is $85.01. The stock has a market capitalization of $20.88 billion, a PE ratio of -84.63, a P/E/G ratio of 1.40 and a beta of 1.62. The company has a debt-to-equity ratio of 1.22, a current ratio of 1.66 and a quick ratio of 1.66.

TransUnion (NYSE:TRU) last posted its earnings results on Thursday, July 25th. The business services provider reported $0.99 earnings per share for the quarter, topping the consensus estimate of $0.86 by $0.13. The firm had revenue of $1.04 billion during the quarter, compared to the consensus estimate of $1.02 billion. TransUnion had a negative net margin of 6.11% and a positive return on equity of 15.03%. The company’s revenue was up 7.5% on a year-over-year basis. During the same quarter last year, the company earned $0.76 earnings per share. On average, equities research analysts anticipate that TransUnion will post 3.46 EPS for the current year.

TransUnion Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, September 9th. Stockholders of record on Friday, August 23rd were issued a $0.105 dividend. This represents a $0.42 dividend on an annualized basis and a dividend yield of 0.39%. The ex-dividend date was Friday, August 23rd. TransUnion’s payout ratio is currently -33.07%.

Insider Activity

In related news, insider Steven M. Chaouki sold 1,000 shares of the stock in a transaction dated Thursday, August 1st. The stock was sold at an average price of $90.14, for a total transaction of $90,140.00. Following the sale, the insider now owns 69,547 shares of the company’s stock, valued at approximately $6,268,966.58. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In other TransUnion news, CAO Jennifer A. Williams sold 405 shares of the company’s stock in a transaction dated Thursday, August 29th. The stock was sold at an average price of $95.58, for a total value of $38,709.90. Following the transaction, the chief accounting officer now directly owns 7,186 shares in the company, valued at $686,837.88. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Steven M. Chaouki sold 1,000 shares of TransUnion stock in a transaction dated Thursday, August 1st. The shares were sold at an average price of $90.14, for a total value of $90,140.00. Following the sale, the insider now owns 69,547 shares of the company’s stock, valued at approximately $6,268,966.58. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 13,715 shares of company stock worth $1,299,729. 0.22% of the stock is owned by corporate 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.