Kentucky Retirement Systems Acquires Shares of 13,246 TransUnion (NYSE:TRU)

Kentucky Retirement Systems bought a new position in TransUnion (NYSE:TRU - Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 13,246 shares of the business services provider's stock, valued at approximately $1,099,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Fifth Third Bancorp boosted its stake in shares of TransUnion by 105.3% during the 1st quarter. Fifth Third Bancorp now owns 423 shares of the business services provider's stock worth $35,000 after acquiring an additional 217 shares during the last quarter. Aster Capital Management DIFC Ltd purchased a new position in shares of TransUnion during the 4th quarter worth $40,000. Huntington National Bank boosted its stake in shares of TransUnion by 58.7% during the 4th quarter. Huntington National Bank now owns 454 shares of the business services provider's stock worth $42,000 after acquiring an additional 168 shares during the last quarter. Kapitalo Investimentos Ltda purchased a new position in shares of TransUnion during the 4th quarter worth $47,000. Finally, Mizuho Bank Ltd. purchased a new position in shares of TransUnion during the 4th quarter worth $47,000.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. Oppenheimer lifted their price target on shares of TransUnion from $96.00 to $100.00 and gave the stock an "outperform" rating in a research note on Thursday, May 22nd. 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 research note on Friday, April 25th. Barclays lowered their target price on shares of TransUnion from $105.00 to $85.00 and set an "equal weight" rating on the stock in a research note on Friday, April 4th. William Blair restated an "outperform" rating on shares of TransUnion in a research note on Monday, March 24th. Finally, Bank of America assumed coverage on shares of TransUnion in a research note on Thursday, April 10th. They set an "underperform" rating and a $84.00 target price on the stock. One analyst has rated the stock with a sell rating, four have assigned a hold rating and nine have assigned a buy rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $109.69.

TransUnion Price Performance

NYSE TRU traded down $1.87 on Friday, reaching $86.99. The company had a trading volume of 5,271,800 shares, compared to its average volume of 1,779,204. 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 stock has a market capitalization of $16.97 billion, a PE ratio of 46.27, a price-to-earnings-growth ratio of 2.41 and a beta of 1.64. The firm's 50 day moving average price is $85.49 and its 200 day moving average price is $87.99. 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 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.98 by $0.07. The company had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.07 billion. TransUnion had a net margin of 8.63% and a return on equity of 16.18%. TransUnion's revenue for the quarter was up 7.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.92 EPS. As a group, equities analysts predict that TransUnion will post 3.99 earnings per share for the current year.

TransUnion Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 6th. Shareholders of record on Thursday, May 22nd were issued a $0.115 dividend. The ex-dividend date was Thursday, May 22nd. This represents a $0.46 dividend on an annualized basis and a yield of 0.53%. TransUnion's dividend payout ratio is currently 24.47%.

Insider Transactions at TransUnion

In related news, insider Steven M. Chaouki sold 1,000 shares of the stock in a transaction dated Monday, June 2nd. The shares were sold at an average price of $84.91, for a total value of $84,910.00. Following the completion of the transaction, the insider now owns 75,393 shares of the company's stock, valued at approximately $6,401,619.63. This trade represents a 1.31% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders have sold a total of 3,000 shares of company stock worth $251,180 in the last three months. 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.