Ninety One UK Ltd Trims Stock Holdings in TransUnion (NYSE:TRU)

Ninety One UK Ltd trimmed its holdings in TransUnion (NYSE:TRU - Free Report) by 13.9% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,630,789 shares of the business services provider's stock after selling 423,843 shares during the period. Ninety One UK Ltd owned approximately 1.35% of TransUnion worth $218,329,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of TRU. Fifth Third Bancorp grew its position in shares of TransUnion by 105.3% during the 1st quarter. Fifth Third Bancorp now owns 423 shares of the business services provider's stock valued at $35,000 after purchasing an additional 217 shares in the last quarter. Aster Capital Management DIFC Ltd purchased a new position in shares of TransUnion during the 4th quarter valued at $40,000. Huntington National Bank grew 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 valued at $42,000 after purchasing an additional 168 shares in the last quarter. Private Trust Co. NA grew its position in shares of TransUnion by 194.1% during the 1st quarter. Private Trust Co. NA now owns 553 shares of the business services provider's stock valued at $46,000 after purchasing an additional 365 shares in the last quarter. Finally, Brown Brothers Harriman & Co. purchased a new position in shares of TransUnion during the 4th quarter valued at $47,000.

Analysts Set New Price Targets

A number of research firms have recently commented on TRU. Bank of America began coverage on shares of TransUnion in a research report on Thursday, April 10th. They set an "underperform" rating and a $84.00 price target for the company. Barclays cut their target price 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. William Blair reiterated an "outperform" rating on shares of TransUnion in a research report on Monday, March 24th. Wall Street Zen upgraded shares of TransUnion from a "hold" rating to a "buy" rating in a research report on Saturday. Finally, Stifel Nicolaus cut their target price on shares of TransUnion from $120.00 to $112.00 and set a "buy" rating for the company in a research report on Friday, April 25th. One analyst has rated the stock with a sell rating, four have given a hold rating and ten have issued a buy rating to the stock. According to data from MarketBeat.com, TransUnion currently has an average rating of "Moderate Buy" and a consensus target price of $109.69.

TransUnion Stock Performance

TransUnion stock opened at $91.55 on Tuesday. The company has a quick ratio of 2.05, a current ratio of 2.05 and a debt-to-equity ratio of 1.13. The company has a market capitalization 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 firm has a fifty day simple moving average of $86.95 and a two-hundred day simple moving average of $87.66. TransUnion has a twelve month low of $66.38 and a twelve month high of $113.17.

TransUnion (NYSE:TRU - Get Free Report) last posted its quarterly earnings results on Thursday, April 24th. The business services provider reported $1.05 earnings per share for the quarter, topping the consensus estimate of $0.98 by $0.07. The business had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.07 billion. TransUnion had a net margin of 8.63% and a return on equity of 16.18%. The firm's revenue for the quarter was up 7.3% on a year-over-year basis. During the same period in the previous year, the firm posted $0.92 earnings per share. Research analysts expect that TransUnion will post 3.99 EPS for the current year.

TransUnion Dividend Announcement

The company 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. This represents a $0.46 annualized dividend and a dividend yield of 0.50%. The ex-dividend date was Thursday, May 22nd. TransUnion's dividend payout ratio (DPR) is 24.47%.

Insider Activity at TransUnion

In other news, insider Steven M. Chaouki sold 1,000 shares of the company'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 completion of the transaction, 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 ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders have sold 3,000 shares of company stock worth $255,010 over the last ninety days. Corporate insiders own 0.25% of the company's stock.

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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