Cwm LLC Sells 5,891 Shares of TransUnion (NYSE:TRU)

CWM LLC reduced its holdings in shares of TransUnion (NYSE:TRU - Free Report) by 50.1% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,858 shares of the business services provider's stock after selling 5,891 shares during the quarter. CWM LLC's holdings in TransUnion were worth $486,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on TRU shares. Bank of America started coverage on TransUnion in a report on Thursday, April 10th. They issued an "underperform" rating and a $84.00 target price on the stock. Barclays lowered their target price on TransUnion from $105.00 to $85.00 and set an "equal weight" rating on the stock in a report on Friday, April 4th. UBS Group reissued a "neutral" rating and issued a $105.00 target price (up previously from $98.00) on shares of TransUnion in a report on Friday. BMO Capital Markets upped their price target on TransUnion from $115.00 to $118.00 and gave the stock an "outperform" rating in a research report on Friday. Finally, Needham & Company LLC restated a "hold" rating on shares of TransUnion in a research report on Friday. One research analyst has rated the stock with a sell rating, four have given a hold rating and eleven have given a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $112.46.

Insiders Place Their Bets

In other news, insider Steven M. Chaouki sold 1,000 shares of the firm'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 value of $87,140.00. Following the completion of the sale, the insider directly owned 74,393 shares of the company's stock, valued at $6,482,606.02. This trade represents a 1.33% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In the last three months, insiders sold 3,000 shares of company stock worth $255,010. Company insiders own 0.25% of the company's stock.

TransUnion Price Performance

Shares of NYSE:TRU traded down $1.04 during trading on Monday, hitting $98.18. 1,851,958 shares of the company's stock were exchanged, compared to its average volume of 2,280,618. The company has a debt-to-equity ratio of 1.09, a current ratio of 2.03 and a quick ratio of 2.02. TransUnion has a 52-week low of $66.38 and a 52-week high of $113.17. The business's 50-day simple moving average is $88.90 and its 200 day simple moving average is $87.82. The company has a market cap of $19.15 billion, a price-to-earnings ratio of 49.09, a PEG ratio of 2.71 and a beta of 1.63.

TransUnion (NYSE:TRU - Get Free Report) last released its earnings results on Thursday, July 24th. The business services provider reported $1.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.99 by $0.09. TransUnion had a return on equity of 16.08% and a net margin of 8.99%. The firm had revenue of $1.14 billion during the quarter, compared to analysts' expectations of $1.10 billion. During the same quarter last year, the business posted $0.99 earnings per share. The firm's revenue was up 9.5% on a year-over-year basis. As a group, equities analysts predict that TransUnion will post 3.99 EPS for the current year.

TransUnion Announces Dividend

The company 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 annualized dividend and a yield of 0.47%. The ex-dividend date of this dividend was Thursday, May 22nd. TransUnion's dividend payout ratio is presently 23.00%.

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.