Natixis Advisors LLC Lowers Stock Holdings in TransUnion (NYSE:TRU)

Natixis Advisors LLC cut its holdings in shares of TransUnion (NYSE:TRU - Free Report) by 41.0% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 32,892 shares of the business services provider's stock after selling 22,849 shares during the quarter. Natixis Advisors LLC's holdings in TransUnion were worth $2,729,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Massachusetts Financial Services Co. MA raised its position in shares of TransUnion by 10.9% in the 1st quarter. Massachusetts Financial Services Co. MA now owns 21,674,473 shares of the business services provider's stock worth $1,798,765,000 after buying an additional 2,134,342 shares during the period. Point72 Asset Management L.P. acquired a new stake in TransUnion during the fourth quarter worth about $74,283,000. FMR LLC raised its holdings in shares of TransUnion by 11.1% in the 4th quarter. FMR LLC now owns 5,044,865 shares of the business services provider's stock worth $467,709,000 after purchasing an additional 503,969 shares during the period. Victory Capital Management Inc. raised its holdings in shares of TransUnion by 15.3% in the 1st quarter. Victory Capital Management Inc. now owns 3,146,693 shares of the business services provider's stock worth $261,144,000 after purchasing an additional 418,693 shares during the period. Finally, Independent Franchise Partners LLP lifted its stake in shares of TransUnion by 22.0% in the 4th quarter. Independent Franchise Partners LLP now owns 2,086,050 shares of the business services provider's stock valued at $193,398,000 after purchasing an additional 375,736 shares in the last quarter.

Analyst Ratings Changes

A number of analysts recently issued reports on the stock. Wall Street Zen downgraded shares of TransUnion from a "buy" rating to a "hold" rating in a research report on Sunday, August 3rd. UBS Group restated a "neutral" rating and issued a $105.00 price target (up previously from $98.00) on shares of TransUnion in a report on Friday, July 25th. BMO Capital Markets boosted their target price on shares of TransUnion from $115.00 to $118.00 and gave the stock an "outperform" rating in a research report on Friday, July 25th. Needham & Company LLC restated a "hold" rating on shares of TransUnion in a research note on Friday, July 25th. Finally, Bank of America initiated coverage on shares of TransUnion in a research note on Thursday, April 10th. They set an "underperform" rating and a $84.00 price target on the stock. One investment 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 presently has an average rating of "Moderate Buy" and an average price target of $112.46.

Insiders Place Their Bets

In other news, CAO Jennifer A. Williams sold 972 shares of the firm's stock in a transaction dated Monday, August 4th. The shares were 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 transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Steven M. Chaouki sold 1,000 shares of the business'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 approximately $6,482,606.02. This represents a 1.33% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 2,972 shares of company stock worth $262,339 over the last three months. 0.22% of the stock is owned by corporate insiders.

TransUnion Stock Down 0.3%

NYSE:TRU opened at $90.59 on Friday. The company has a debt-to-equity ratio of 1.09, a quick ratio of 2.02 and a current ratio of 2.03. The company has a market capitalization of $17.65 billion, a price-to-earnings ratio of 45.30, a price-to-earnings-growth ratio of 2.54 and a beta of 1.65. TransUnion has a one year low of $66.38 and a one year high of $113.17. The stock has a 50-day simple moving average of $90.32 and a 200 day simple moving average of $87.92.

TransUnion (NYSE:TRU - Get Free Report) last released its earnings results on Thursday, July 24th. The business services provider reported $1.08 EPS for the quarter, topping analysts' consensus estimates 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 quarter last year, the business posted $0.99 EPS. TransUnion's quarterly revenue was up 9.5% compared to the same quarter last year. Sell-side analysts predict that TransUnion will post 3.99 EPS for the current fiscal year.

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.

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