Assenagon Asset Management S.A. Has $843,000 Position in TransUnion (NYSE:TRU)

Assenagon Asset Management S.A. lessened its position in TransUnion (NYSE:TRU - Free Report) by 61.4% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 10,157 shares of the business services provider's stock after selling 16,151 shares during the quarter. Assenagon Asset Management S.A.'s holdings in TransUnion were worth $843,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of TRU. Aster Capital Management DIFC Ltd bought a new position in shares of TransUnion during the 4th quarter worth approximately $40,000. Huntington National Bank grew its position in TransUnion by 58.7% in the fourth quarter. Huntington National Bank now owns 454 shares of the business services provider's stock valued at $42,000 after purchasing an additional 168 shares in the last quarter. Kapitalo Investimentos Ltda bought a new position in TransUnion in the fourth quarter valued at $47,000. Mizuho Bank Ltd. acquired a new stake in TransUnion in the 4th quarter valued at $47,000. Finally, Brown Brothers Harriman & Co. acquired a new position in shares of TransUnion during the 4th quarter worth about $47,000.

Insider Buying and Selling at TransUnion

In other TransUnion news, insider Steven M. Chaouki sold 1,000 shares of the business's stock in a transaction dated Thursday, May 1st. The shares were sold at an average price of $82.96, for a total value of $82,960.00. Following the completion of the sale, the insider now owns 76,393 shares of the company's stock, valued at $6,337,563.28. The trade was a 1.29% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders have sold a total of 3,000 shares of company stock valued at $251,180 in the last ninety days. 0.22% of the stock is currently owned by corporate insiders.

TransUnion Stock Performance

Shares of TRU traded down $0.06 during trading hours on Thursday, hitting $84.83. The company had a trading volume of 2,071,731 shares, compared to its average volume of 1,743,918. The business has a fifty day moving average of $83.54 and a 200-day moving average of $88.64. The company has a quick ratio of 2.05, a current ratio of 2.05 and a debt-to-equity ratio of 1.13. The firm has a market cap of $16.55 billion, a price-to-earnings ratio of 45.12, a PEG ratio of 2.34 and a beta of 1.64. TransUnion has a 12 month low of $66.38 and a 12 month high of $113.17.

TransUnion (NYSE:TRU - Get Free Report) last announced its quarterly earnings results on Thursday, April 24th. The business services provider reported $1.05 EPS for the quarter, beating analysts' consensus estimates of $0.98 by $0.07. The business had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.07 billion. TransUnion had a net margin of 8.63% and a return on equity of 16.18%. TransUnion's quarterly revenue was up 7.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.92 EPS. Equities analysts anticipate that TransUnion will post 3.99 EPS for the current fiscal year.

TransUnion Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 6th. Investors of record on Thursday, May 22nd were paid a $0.115 dividend. The ex-dividend date of this dividend was Thursday, May 22nd. This represents a $0.46 annualized dividend and a yield of 0.54%. TransUnion's dividend payout ratio (DPR) is presently 24.47%.

Wall Street Analysts Forecast Growth

TRU has been the topic of a number of recent research reports. Bank of America initiated coverage on TransUnion in a research report on Thursday, April 10th. They issued an "underperform" rating and a $84.00 target price on the stock. Wells Fargo & Company lowered their price target on TransUnion from $130.00 to $117.00 and set an "overweight" rating on the stock in a research report on Monday, April 14th. Barclays cut their price objective on TransUnion from $105.00 to $85.00 and set an "equal weight" rating for the company in a report on Friday, April 4th. Stifel Nicolaus lowered their target price on shares of TransUnion from $120.00 to $112.00 and set a "buy" rating on the stock in a report on Friday, April 25th. Finally, Oppenheimer upped their price target on shares of TransUnion from $96.00 to $100.00 and gave the stock an "outperform" rating in a research report on Thursday, May 22nd. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and nine have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $109.69.

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.