Teacher Retirement System of Texas Takes $2.36 Million Position in TransUnion (NYSE:TRU)

Teacher Retirement System of Texas bought a new position in shares of TransUnion (NYSE:TRU - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 28,488 shares of the business services provider's stock, valued at approximately $2,364,000.

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

Insider Transactions at TransUnion

In other news, insider Steven M. Chaouki sold 1,000 shares of the company'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 value of $87,140.00. Following the transaction, the insider 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders sold a total of 3,000 shares of company stock valued at $255,010 in the last 90 days. 0.22% of the stock is owned by corporate insiders.

TransUnion Stock Performance

NYSE:TRU traded down $3.80 on Friday, hitting $91.18. The company's stock had a trading volume of 2,542,328 shares, compared to its average volume of 1,817,048. The company has a current ratio of 2.05, a quick ratio of 2.05 and a debt-to-equity ratio of 1.13. The stock has a fifty day moving average of $87.71 and a two-hundred day moving average of $87.71. The firm has a market capitalization of $17.79 billion, a P/E ratio of 48.50, a price-to-earnings-growth ratio of 2.62 and a beta of 1.63. TransUnion has a one year low of $66.38 and a one year high of $113.17.

TransUnion (NYSE:TRU - Get Free Report) last released 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 firm had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.07 billion. TransUnion had a return on equity of 16.18% and a net margin of 8.63%. The business's revenue for the quarter was up 7.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.92 earnings per share. Research analysts predict that TransUnion will post 3.99 earnings per share for the current year.

TransUnion Dividend Announcement

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

Wall Street Analyst Weigh In

A number of brokerages have recently commented on TRU. Wall Street Zen raised shares of TransUnion from a "hold" rating to a "buy" rating in a research report on Saturday, July 5th. Wells Fargo & Company cut their price objective 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. Barclays cut their price objective 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. 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 objective for the company. Finally, Stifel Nicolaus cut their price objective 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 investment analyst has rated the stock with a sell rating, four have issued a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $110.64.

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.