TransUnion (NYSE:TRU) Shares Purchased by Massachusetts Financial Services Co. MA

Massachusetts Financial Services Co. MA boosted its position in shares of TransUnion (NYSE:TRU - Free Report) by 10.9% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 21,674,473 shares of the business services provider's stock after acquiring an additional 2,134,342 shares during the quarter. Massachusetts Financial Services Co. MA owned 11.11% of TransUnion worth $1,798,765,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of TRU. Townsquare Capital LLC increased its holdings in TransUnion by 1.0% during the 4th quarter. Townsquare Capital LLC now owns 10,311 shares of the business services provider's stock worth $956,000 after purchasing an additional 100 shares during the period. PNC Financial Services Group Inc. boosted its position in shares of TransUnion by 5.6% during the 4th quarter. PNC Financial Services Group Inc. now owns 2,642 shares of the business services provider's stock worth $245,000 after acquiring an additional 139 shares in the last quarter. Huntington National Bank boosted its position 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 in the last quarter. Rovin Capital UT ADV increased its holdings in shares of TransUnion by 3.2% in the 1st quarter. Rovin Capital UT ADV now owns 6,232 shares of the business services provider's stock valued at $517,000 after acquiring an additional 195 shares during the last quarter. Finally, Integrated Wealth Concepts LLC raised its position in shares of TransUnion by 9.0% during the 4th quarter. Integrated Wealth Concepts LLC now owns 2,390 shares of the business services provider's stock worth $222,000 after acquiring an additional 197 shares in the last quarter.

Insiders Place Their Bets

In other TransUnion news, insider Steven M. Chaouki sold 1,000 shares of the firm's stock in a transaction dated Tuesday, July 1st. The shares were sold at an average price of $87.14, for a total transaction of $87,140.00. Following 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 accessible through this link. Over the last three months, insiders have sold 3,000 shares of company stock valued at $255,010. Insiders own 0.25% of the company's stock.

Analyst Ratings Changes

Several equities analysts have commented on the stock. BMO Capital Markets upgraded shares of TransUnion to a "strong-buy" rating in a research note on Thursday. Oppenheimer set a $108.00 target price on shares of TransUnion and gave the company an "outperform" rating in a research report on Tuesday, July 8th. Wells Fargo & Company reduced their price target on shares of TransUnion from $130.00 to $117.00 and set an "overweight" rating for the company in a research report on Monday, April 14th. 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. Finally, Bank of America assumed coverage on TransUnion in a report on Thursday, April 10th. They issued an "underperform" rating and a $84.00 target price for the company. One research analyst has rated the stock with a sell rating, four have issued a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $110.64.

TransUnion Price Performance

Shares of TransUnion stock traded up $1.09 on Monday, hitting $92.15. The company's stock had a trading volume of 1,854,335 shares, compared to its average volume of 2,045,438. The company has a market capitalization of $17.98 billion, a P/E ratio of 49.01, a price-to-earnings-growth ratio of 2.51 and a beta of 1.63. TransUnion has a 52-week low of $66.38 and a 52-week high of $113.17. The firm has a fifty day moving average price of $87.71 and a 200-day moving average price of $87.61. The company has a quick ratio of 2.05, a current ratio of 2.05 and a debt-to-equity ratio of 1.13.

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 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 for the quarter, compared to the consensus estimate of $1.07 billion. During the same quarter in the prior year, the firm earned $0.92 earnings per share. The company's revenue for the quarter was up 7.3% compared to the same quarter last year. On average, equities research analysts expect that TransUnion will post 3.99 earnings per share for the current fiscal year.

TransUnion Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 6th. Investors of record on Thursday, May 22nd were given a dividend of $0.115 per share. This represents a $0.46 dividend on an annualized basis and a yield of 0.50%. The ex-dividend date of this dividend was Thursday, May 22nd. TransUnion's dividend payout ratio 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.