TransUnion (NYSE:TRU) Shares Acquired by Manning & Napier Advisors LLC

Manning & Napier Advisors LLC lifted its holdings in TransUnion (NYSE:TRU - Free Report) by 3.4% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,522,671 shares of the business services provider's stock after purchasing an additional 50,113 shares during the period. TransUnion makes up 1.6% of Manning & Napier Advisors LLC's holdings, making the stock its 20th biggest holding. Manning & Napier Advisors LLC owned approximately 0.78% of TransUnion worth $126,366,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Kentucky Retirement Systems purchased a new position in TransUnion in the 1st quarter valued at approximately $1,099,000. TT International Asset Management LTD boosted its stake in shares of TransUnion by 5.5% in the 1st quarter. TT International Asset Management LTD now owns 57,796 shares of the business services provider's stock valued at $4,796,000 after buying an additional 3,002 shares during the period. Blue Trust Inc. grew its position in shares of TransUnion by 65.7% during the first quarter. Blue Trust Inc. now owns 1,173 shares of the business services provider's stock worth $97,000 after buying an additional 465 shares in the last quarter. Hengehold Capital Management LLC increased its stake in shares of TransUnion by 29.1% during the first quarter. Hengehold Capital Management LLC now owns 6,320 shares of the business services provider's stock worth $524,000 after buying an additional 1,424 shares during the period. Finally, Opal Wealth Advisors LLC acquired a new stake in TransUnion in the first quarter valued at approximately $127,000.

Insider Activity

In other TransUnion news, insider Steven M. Chaouki sold 1,000 shares of the company's stock in a transaction dated Tuesday, April 1st. The shares were sold at an average price of $83.31, for a total transaction of $83,310.00. Following the transaction, the insider now directly owns 77,393 shares in the company, valued at approximately $6,447,610.83. This represents a 1.28% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders sold 3,000 shares of company stock worth $251,180 in the last 90 days. 0.25% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

TRU has been the subject of several analyst reports. Barclays lowered their price target on shares of TransUnion from $105.00 to $85.00 and set an "equal weight" rating for the company in a report on Friday, April 4th. Wells Fargo & Company lowered their target price on shares of TransUnion from $130.00 to $117.00 and set an "overweight" rating for the company in a research note on Monday, April 14th. Bank of America started coverage on TransUnion in a research note on Thursday, April 10th. They issued an "underperform" rating and a $84.00 price target on the stock. Oppenheimer lifted their price target on TransUnion from $96.00 to $100.00 and gave the stock an "outperform" rating in a report on Thursday, May 22nd. Finally, Stifel Nicolaus dropped their price objective on TransUnion from $120.00 to $112.00 and set a "buy" rating on the stock in a report on Friday, April 25th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and nine have given a buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $109.69.

TransUnion Stock Performance

Shares of NYSE:TRU traded up $0.39 on Friday, reaching $85.22. The company's stock had a trading volume of 2,298,061 shares, compared to its average volume of 1,743,299. The company has a debt-to-equity ratio of 1.13, a current ratio of 2.05 and a quick ratio of 2.05. TransUnion has a 52-week low of $66.38 and a 52-week high of $113.17. The stock's 50-day moving average is $84.04 and its two-hundred day moving average is $88.28. The stock has a market capitalization of $16.63 billion, a P/E ratio of 45.33, a PEG ratio of 2.35 and a beta of 1.65.

TransUnion (NYSE:TRU - Get Free Report) last released its earnings results on Thursday, April 24th. The business services provider reported $1.05 EPS for the quarter, topping 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 company had revenue of $1.10 billion during the quarter, compared to analysts' expectations of $1.07 billion. During the same quarter last year, the business earned $0.92 EPS. The business's revenue was up 7.3% on a year-over-year basis. As a group, sell-side analysts forecast that TransUnion will post 3.99 EPS for the current year.

TransUnion Announces Dividend

The business also recently declared 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 of this dividend was Thursday, May 22nd. This represents a $0.46 dividend on an annualized basis and a dividend yield of 0.54%. TransUnion's dividend payout ratio (DPR) is presently 24.47%.

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.