Deutsche Bank AG Raises Holdings in TransUnion (NYSE:TRU)

Key Points

• Deutsche Bank AG increased its stake in TransUnion by 1.4%, now owning approximately 0.33% of the company with a value of $52.76 million.
• TransUnion's stock shares fell 4.7% recently, with a current market price of $85.98, compared to a 52-week high of $113.17.
• The company announced a quarterly dividend of $0.115 per share, with an upcoming payment date set for September 8th, representing a dividend yield of 0.5%.

Deutsche Bank AG boosted its stake in shares of TransUnion (NYSE:TRU - Free Report) by 1.4% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 635,734 shares of the business services provider's stock after purchasing an additional 8,608 shares during the quarter. Deutsche Bank AG owned approximately 0.33% of TransUnion worth $52,760,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Teacher Retirement System of Texas purchased a new stake in TransUnion during the 1st quarter worth about $2,364,000. Bank of New York Mellon Corp increased its holdings in TransUnion by 1.3% during the 1st 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 purchasing an additional 15,030 shares during the period. Amalgamated Bank increased its holdings in TransUnion by 3.7% during the 1st quarter. Amalgamated Bank now owns 10,488 shares of the business services provider's stock worth $870,000 after purchasing an additional 373 shares during the period. Diamond Hill Capital Management Inc. purchased a new stake in TransUnion during the 1st quarter worth about $13,810,000. Finally, Envestnet Asset Management Inc. increased its holdings in TransUnion by 5.1% during the 1st 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 during the period.

TransUnion Stock Down 4.7%

Shares of NYSE TRU opened at $85.98 on Tuesday. TransUnion has a 52-week low of $66.38 and a 52-week high of $113.17. The business has a 50-day moving average price of $90.45 and a 200 day moving average price of $87.70. The company has a quick ratio of 2.02, a current ratio of 2.03 and a debt-to-equity ratio of 1.09. The stock has a market cap of $16.75 billion, a PE ratio of 42.99, a price-to-earnings-growth ratio of 2.52 and a beta of 1.65.

TransUnion (NYSE:TRU - Get Free Report) last announced its earnings results on Thursday, July 24th. The business services provider reported $1.08 earnings per share for the quarter, beating 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 company had revenue of $1.14 billion for the quarter, compared to the consensus estimate of $1.10 billion. During the same period last year, the business posted $0.99 EPS. The company's revenue was up 9.5% on a year-over-year basis. Equities research analysts forecast that TransUnion will post 3.99 earnings per share for the current year.

TransUnion Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, September 8th. Shareholders of record on Friday, August 22nd will be paid a $0.115 dividend. This represents a $0.46 annualized dividend and a dividend yield of 0.5%. The ex-dividend date is Friday, August 22nd. TransUnion's dividend payout ratio (DPR) is 23.00%.

Insider Activity at TransUnion

In other TransUnion news, CAO Jennifer A. Williams sold 972 shares of TransUnion stock in a transaction that occurred on Monday, August 4th. The stock was sold at an average price of $92.89, for a total value of $90,289.08. Following the transaction, the chief accounting officer directly owned 7,108 shares in the company, valued at approximately $660,262.12. This trade represents a 12.03% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Steven M. Chaouki sold 1,000 shares of TransUnion stock in a transaction that occurred on Tuesday, July 1st. The shares were sold at an average price of $87.14, for a total value of $87,140.00. Following the completion of the sale, the insider owned 74,393 shares in the company, valued at approximately $6,482,606.02. This trade represents a 1.33% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 3,972 shares of company stock worth $353,549 over the last quarter. Company insiders own 0.25% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts have weighed in on TRU shares. Oppenheimer upped their price target on TransUnion from $100.00 to $108.00 and gave the stock an "outperform" rating in a report on Tuesday, July 8th. Needham & Company LLC reissued a "hold" rating on shares of TransUnion in a research report on Friday, July 25th. BMO Capital Markets raised their target price on TransUnion from $115.00 to $118.00 and gave the stock an "outperform" rating in a research report on Friday, July 25th. Stifel Nicolaus cut their target price on TransUnion from $120.00 to $112.00 and set a "buy" rating on the stock in a research report on Friday, April 25th. Finally, UBS Group reissued a "neutral" rating and set a $105.00 target price (up previously from $98.00) on shares of TransUnion in a research report on Friday, July 25th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and ten have assigned a buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $112.46.

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.

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