Ninety One SA PTY Ltd Purchases New Shares in TransUnion (NYSE:TRU)

Ninety One SA PTY Ltd purchased a new stake in TransUnion (NYSE:TRU - Free Report) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 4,031 shares of the business services provider's stock, valued at approximately $327,000.

A number of other hedge funds have also recently modified their holdings of TRU. Proficio Capital Partners LLC bought a new stake in shares of TransUnion during the 4th quarter valued at $49,000. Mutual of America Capital Management LLC increased its position in shares of TransUnion by 42.4% during the 4th quarter. Mutual of America Capital Management LLC now owns 6,922 shares of the business services provider's stock valued at $642,000 after purchasing an additional 2,060 shares during the last quarter. Smartleaf Asset Management LLC increased its position in shares of TransUnion by 28.8% during the 4th quarter. Smartleaf Asset Management LLC now owns 733 shares of the business services provider's stock valued at $68,000 after purchasing an additional 164 shares during the last quarter. Jones Financial Companies Lllp increased its position in shares of TransUnion by 62.1% during the 4th quarter. Jones Financial Companies Lllp now owns 2,097 shares of the business services provider's stock valued at $194,000 after purchasing an additional 803 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its stake in shares of TransUnion by 3.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 700,518 shares of the business services provider's stock valued at $64,945,000 after acquiring an additional 22,826 shares during the period.

Analysts Set New Price Targets

Several research firms have weighed in on TRU. William Blair restated an "outperform" rating on shares of TransUnion in a research note on Monday, March 24th. Wells Fargo & Company lowered their price target on TransUnion from $130.00 to $117.00 and set an "overweight" rating for the company in a research report on Monday, April 14th. Oppenheimer raised their price target on TransUnion from $96.00 to $100.00 and gave the stock an "outperform" rating in a research report on Thursday, May 22nd. Barclays reduced their target price on TransUnion from $105.00 to $85.00 and set an "equal weight" rating on the stock in a research note on Friday, April 4th. Finally, Stifel Nicolaus cut their price target on TransUnion from $120.00 to $112.00 and set a "buy" rating on the stock in a research note on Friday, April 25th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and ten have issued a buy rating to the company's stock. Based on data from MarketBeat, TransUnion currently has a consensus rating of "Moderate Buy" and an average price target of $109.69.

TransUnion Price Performance

Shares of NYSE TRU opened at $91.55 on Tuesday. The company has a debt-to-equity ratio of 1.13, a quick ratio of 2.05 and a current ratio of 2.05. The company has a market cap of $17.86 billion, a PE ratio of 48.70, a P/E/G ratio of 2.53 and a beta of 1.63. The business has a 50-day simple moving average of $86.95 and a two-hundred day simple moving average of $87.66. TransUnion has a fifty-two week low of $66.38 and a fifty-two week high of $113.17.

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 analysts' consensus estimates of $0.98 by $0.07. The firm had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.07 billion. TransUnion had a return on equity of 16.18% and a net margin of 8.63%. The company's revenue was up 7.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.92 earnings per share. As a group, equities analysts expect that TransUnion will post 3.99 EPS for the current fiscal year.

TransUnion Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 6th. Stockholders of record on Thursday, May 22nd were given a $0.115 dividend. This represents a $0.46 dividend on an annualized basis and a dividend yield of 0.50%. The ex-dividend date of this dividend was Thursday, May 22nd. TransUnion's dividend payout ratio (DPR) is presently 24.47%.

Insider Activity at TransUnion

In related news, insider Steven M. Chaouki sold 1,000 shares of the business's stock in a transaction that occurred on Tuesday, July 1st. The stock was sold at an average price of $87.14, for a total transaction of $87,140.00. Following the completion of the sale, the insider directly owned 74,393 shares in the company, valued at approximately $6,482,606.02. The trade was a 1.33% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders sold 3,000 shares of company stock valued at $255,010 in the last three months. 0.25% of the stock is owned by 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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