Coldstream Capital Management Inc. Takes Position in TransUnion (NYSE:TRU)

Coldstream Capital Management Inc. purchased a new position in shares of TransUnion (NYSE:TRU) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 2,016 shares of the business services provider’s stock, valued at approximately $211,000.

Other hedge funds have also bought and sold shares of the company. Huntington National Bank grew its position in shares of TransUnion by 84.5% in the 3rd quarter. Huntington National Bank now owns 286 shares of the business services provider’s stock worth $30,000 after acquiring an additional 131 shares in the last quarter. Quarry LP increased its stake in 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 purchasing an additional 520 shares during the last quarter. True Wealth Design LLC raised its holdings in shares of TransUnion by 4,590.0% during the third quarter. True Wealth Design LLC now owns 469 shares of the business services provider’s stock worth $49,000 after purchasing an additional 459 shares during the period. National Bank of Canada FI lifted its position 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 buying an additional 166 shares during the last quarter. Finally, Blue Trust Inc. raised its stake in 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 during the period.

TransUnion Trading Down 2.1 %

Shares of NYSE:TRU opened at $98.29 on Wednesday. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.68 and a current ratio of 1.68. The stock has a market capitalization of $19.16 billion, a price-to-earnings ratio of 85.47, a PEG ratio of 1.37 and a beta of 1.60. TransUnion has a 1-year low of $63.03 and a 1-year high of $113.17. The company has a 50 day moving average price of $102.29 and a 200 day moving average price of $92.36.

TransUnion (NYSE:TRU) last released its quarterly earnings data on Wednesday, October 23rd. The business services provider reported $1.04 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.03. The business had revenue of $1.09 billion during the quarter, compared to analyst estimates of $1.06 billion. TransUnion had a return on equity of 15.38% and a net margin of 5.47%. The company’s revenue was up 12.0% compared to the same quarter last year. During the same period last year, the company posted $0.80 EPS. On average, research analysts anticipate that TransUnion will post 3.44 EPS for the current fiscal year.

TransUnion Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 9th. Shareholders of record on Friday, November 22nd were issued a dividend of $0.105 per share. The ex-dividend date of this dividend was Friday, November 22nd. This represents a $0.42 annualized dividend and a yield of 0.43%. TransUnion’s payout ratio is presently 36.52%.

Analyst Ratings Changes

Several research firms have recently commented on TRU. Needham & Company LLC reaffirmed a “hold” rating on shares of TransUnion in a report on Thursday, October 24th. The Goldman Sachs Group increased their target price on TransUnion from $97.00 to $109.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 2nd. Wolfe Research raised shares of TransUnion from a “peer perform” rating to an “outperform” rating and set a $130.00 price target for the company in a report on Thursday, October 10th. Royal Bank of Canada restated an “outperform” rating and issued a $121.00 target price on shares of TransUnion in a research report on Thursday, October 24th. Finally, 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. Seven analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $107.06.

Insider Buying and Selling at TransUnion

In related news, insider Steven M. Chaouki sold 1,500 shares of the company’s stock in a transaction 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 transaction, the insider now directly owns 62,988 shares of the company’s stock, valued at approximately $6,655,312.08. The trade was a 2.33 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director George M. Awad sold 12,000 shares of the firm’s stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $100.00, for a total value of $1,200,000.00. Following the sale, the director now owns 27,026 shares of the company’s stock, valued at $2,702,600. The trade was a 30.75 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 20,590 shares of company stock valued at $2,084,633. 0.22% of the stock is currently 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.