Larson Financial Group LLC Acquires 2,869 Shares of TransUnion (NYSE:TRU)

Larson Financial Group LLC boosted its holdings in TransUnion (NYSE:TRU - Free Report) by 68.2% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,078 shares of the business services provider's stock after acquiring an additional 2,869 shares during the quarter. Larson Financial Group LLC's holdings in TransUnion were worth $587,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Fifth Third Bancorp grew its holdings in shares of TransUnion by 105.3% during the first quarter. Fifth Third Bancorp now owns 423 shares of the business services provider's stock valued at $35,000 after buying an additional 217 shares during the last quarter. Aster Capital Management DIFC Ltd acquired a new stake in TransUnion during the 4th quarter worth approximately $40,000. Huntington National Bank raised its stake in 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 in the last quarter. Kapitalo Investimentos Ltda purchased a new position in TransUnion during the 4th quarter worth $47,000. Finally, Mizuho Bank Ltd. purchased a new stake in TransUnion during the fourth quarter worth about $47,000.

TransUnion Price Performance

NYSE TRU opened at $93.17 on Friday. TransUnion has a twelve month low of $66.38 and a twelve month high of $113.17. The stock has a market capitalization of $18.18 billion, a PE ratio of 49.56, a P/E/G ratio of 2.49 and a beta of 1.63. The stock has a 50-day simple moving average of $88.24 and a 200 day simple moving average of $87.65. The company has a debt-to-equity ratio of 1.13, a quick ratio of 2.05 and a current ratio of 2.05.

TransUnion (NYSE:TRU - Get Free Report) last issued 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. TransUnion had a net margin of 8.63% and a return on equity of 16.18%. The business had revenue of $1.10 billion for the quarter, compared to analysts' expectations of $1.07 billion. During the same quarter in the prior year, the firm posted $0.92 earnings per share. The business's quarterly revenue was up 7.3% compared to the same quarter last year. Research analysts anticipate that TransUnion will post 3.99 EPS for the current year.

TransUnion Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 6th. Stockholders of record on Thursday, May 22nd were paid a dividend of $0.115 per share. The ex-dividend date was Thursday, May 22nd. This represents a $0.46 annualized dividend and a dividend yield of 0.49%. TransUnion's payout ratio is currently 24.47%.

Analyst Ratings Changes

Several equities analysts have recently weighed in on TRU shares. BMO Capital Markets upgraded shares of TransUnion to a "strong-buy" rating in a research report on Thursday, July 10th. Wall Street Zen upgraded shares of TransUnion from a "hold" rating to a "buy" rating in a report on Saturday, July 5th. Stifel Nicolaus decreased their price target 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. Bank of America assumed coverage on shares of TransUnion in a report on Thursday, April 10th. They issued an "underperform" rating and a $84.00 price objective for the company. Finally, Barclays reduced their price target on shares of TransUnion from $105.00 to $85.00 and set an "equal weight" rating for the company in a research report on Friday, April 4th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, TransUnion has an average rating of "Moderate Buy" and an average price target of $110.64.

Insider Activity

In other news, insider Steven M. Chaouki sold 1,000 shares of the company's stock in a transaction 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 transaction, the insider owned 74,393 shares in the company, valued at approximately $6,482,606.02. This represents a 1.33% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Insiders have sold a total of 3,000 shares of company stock valued at $255,010 in the last quarter. 0.22% of the stock is owned by company insiders.

TransUnion Company 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.

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