TransUnion (NYSE:TRU) Shares Acquired by CenterBook Partners LP

CenterBook Partners LP raised its stake in TransUnion (NYSE:TRU - Free Report) by 24.5% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 70,674 shares of the business services provider's stock after acquiring an additional 13,926 shares during the quarter. CenterBook Partners LP's holdings in TransUnion were worth $5,865,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Teacher Retirement System of Texas purchased a new position in shares of TransUnion during the 1st quarter valued at approximately $2,364,000. Bank of New York Mellon Corp raised its position in TransUnion by 1.3% during the first quarter. Bank of New York Mellon Corp now owns 1,167,843 shares of the business services provider's stock worth $96,919,000 after acquiring an additional 15,030 shares during the period. Amalgamated Bank lifted its holdings in TransUnion by 3.7% during the first quarter. Amalgamated Bank now owns 10,488 shares of the business services provider's stock valued at $870,000 after purchasing an additional 373 shares in the last quarter. JPMorgan Chase & Co. increased its stake in shares of TransUnion by 39.5% during the fourth quarter. JPMorgan Chase & Co. now owns 315,530 shares of the business services provider's stock worth $29,253,000 after purchasing an additional 89,340 shares in the last quarter. Finally, Envestnet Asset Management Inc. increased its stake in shares of TransUnion by 5.1% during the first quarter. Envestnet Asset Management Inc. now owns 494,349 shares of the business services provider's stock worth $41,026,000 after purchasing an additional 23,979 shares in the last quarter.

TransUnion Stock Up 0.9%

TRU stock traded up $0.82 during mid-day trading on Wednesday, reaching $91.32. The company had a trading volume of 2,839,328 shares, compared to its average volume of 1,823,430. The firm has a fifty day simple moving average of $88.11 and a 200 day simple moving average of $87.64. The company has a debt-to-equity ratio of 1.13, a quick ratio of 2.05 and a current ratio of 2.05. The company has a market capitalization of $17.82 billion, a price-to-earnings ratio of 48.58, a price-to-earnings-growth ratio of 2.47 and a beta of 1.63. TransUnion has a fifty-two week low of $66.38 and a fifty-two week high of $113.17.

TransUnion (NYSE:TRU - Get Free Report) last issued its earnings results on Thursday, April 24th. The business services provider reported $1.05 earnings per share for the quarter, beating the consensus estimate of $0.98 by $0.07. TransUnion had a net margin of 8.63% and a return on equity of 16.18%. The firm had revenue of $1.10 billion for the quarter, compared to analysts' expectations of $1.07 billion. During the same quarter last year, the company earned $0.92 earnings per share. The firm's revenue was up 7.3% compared to the same quarter last year. Analysts forecast that TransUnion will post 3.99 earnings per share for the current fiscal year.

TransUnion Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 6th. Shareholders of record on Thursday, May 22nd were issued a dividend of $0.115 per share. This represents a $0.46 dividend on an annualized basis and a yield of 0.50%. The ex-dividend date was Thursday, May 22nd. TransUnion's dividend payout ratio (DPR) is 24.47%.

Analyst Ratings Changes

A number of equities analysts have commented on TRU shares. Stifel Nicolaus reduced their target price on TransUnion from $120.00 to $112.00 and set a "buy" rating for the company in a report on Friday, April 25th. BMO Capital Markets upgraded TransUnion to a "strong-buy" rating in a report on Thursday, July 10th. Wall Street Zen raised shares of TransUnion from a "hold" rating to a "buy" rating in a report on Saturday, July 5th. Bank of America initiated coverage on shares of TransUnion in a research report on Thursday, April 10th. They issued an "underperform" rating and a $84.00 target price for the company. Finally, William Blair restated an "outperform" rating on shares of TransUnion in a research report on Monday, March 24th. One analyst has rated the stock with a sell rating, four have issued a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $110.64.

Insider Activity

In related news, insider Steven M. Chaouki sold 1,000 shares of the business's stock in a transaction that occurred on Tuesday, July 1st. The stock was sold at an average price of $87.14, for a total transaction of $87,140.00. Following the completion of the sale, the insider owned 74,393 shares in the company, valued at $6,482,606.02. The trade was a 1.33% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Over the last ninety days, insiders sold 3,000 shares of company stock worth $255,010. Corporate insiders own 0.22% of the company's stock.

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.