Teacher Retirement System of Texas Buys New Holdings in TransUnion (NYSE:TRU)

Teacher Retirement System of Texas acquired a new position in TransUnion (NYSE:TRU - Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 28,488 shares of the business services provider's stock, valued at approximately $2,364,000.

Several other hedge funds have also bought and sold shares of the stock. Fifth Third Bancorp lifted 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 buying an additional 217 shares in the last quarter. Aster Capital Management DIFC Ltd acquired a new position in TransUnion in the 4th quarter valued at $40,000. Huntington National Bank raised its stake in TransUnion by 58.7% in 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 during the last quarter. Kapitalo Investimentos Ltda acquired a new position in TransUnion in the 4th quarter valued at $47,000. Finally, Mizuho Bank Ltd. acquired a new stake in shares of TransUnion in the 4th quarter worth $47,000.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on TRU. Wells Fargo & Company cut their target price on TransUnion from $130.00 to $117.00 and set an "overweight" rating for the company in a research note on Monday, April 14th. Wall Street Zen raised TransUnion from a "hold" rating to a "buy" rating in a research note on Saturday, July 5th. Barclays cut their target price on TransUnion from $105.00 to $85.00 and set an "equal weight" rating for the company in a research note on Friday, April 4th. William Blair reissued an "outperform" rating on shares of TransUnion in a research report on Monday, March 24th. Finally, Stifel Nicolaus cut their price objective on TransUnion from $120.00 to $112.00 and set a "buy" rating for the company in a research report on Friday, April 25th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and eleven have issued a buy rating to the stock. According to MarketBeat.com, TransUnion presently has a consensus rating of "Moderate Buy" and an average price target of $110.31.

Insiders Place Their Bets

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 owned 74,393 shares in the company, valued at $6,482,606.02. The trade was a 1.33% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders sold a total of 3,000 shares of company stock worth $255,010 in the last three months. 0.22% of the stock is owned by insiders.

TransUnion Stock Performance

Shares of TRU opened at $93.50 on Thursday. The stock has a 50-day simple moving average of $87.37 and a 200-day simple moving average of $87.74. 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 stock has a market capitalization of $18.24 billion, a PE ratio of 49.73, a PEG ratio of 2.56 and a beta of 1.63. TransUnion has a 1 year low of $66.38 and a 1 year high of $113.17.

TransUnion (NYSE:TRU - Get Free Report) last announced its quarterly earnings data 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. The business had revenue of $1.10 billion during the quarter, compared to analysts' expectations of $1.07 billion. TransUnion had a return on equity of 16.18% and a net margin of 8.63%. The business's quarterly revenue was up 7.3% compared to the same quarter last year. During the same quarter last year, the business posted $0.92 EPS. On average, analysts predict that TransUnion will post 3.99 earnings per share for the current fiscal year.

TransUnion Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, June 6th. Investors of record on Thursday, May 22nd were paid a dividend of $0.115 per share. This represents a $0.46 annualized dividend and a yield of 0.49%. The ex-dividend date was Thursday, May 22nd. TransUnion's payout ratio is 24.47%.

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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