Oak Thistle LLC Grows Position in TransUnion (NYSE:TRU)

Oak Thistle LLC grew its stake in shares of TransUnion (NYSE:TRU - Free Report) by 98.4% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 11,782 shares of the business services provider's stock after buying an additional 5,842 shares during the quarter. Oak Thistle LLC's holdings in TransUnion were worth $978,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Townsquare Capital LLC raised its holdings in TransUnion by 1.0% in the 4th quarter. Townsquare Capital LLC now owns 10,311 shares of the business services provider's stock worth $956,000 after acquiring an additional 100 shares during the last quarter. Huntington National Bank boosted its holdings in shares of TransUnion by 58.7% in the fourth quarter. Huntington National Bank now owns 454 shares of the business services provider's stock worth $42,000 after buying an additional 168 shares during the last quarter. Rovin Capital UT ADV increased its stake in shares of TransUnion by 3.2% in the 1st quarter. Rovin Capital UT ADV now owns 6,232 shares of the business services provider's stock worth $517,000 after purchasing an additional 195 shares in the last quarter. Integrated Wealth Concepts LLC increased its stake in shares of TransUnion by 9.0% in the 4th quarter. Integrated Wealth Concepts LLC now owns 2,390 shares of the business services provider's stock worth $222,000 after purchasing an additional 197 shares in the last quarter. Finally, Nissay Asset Management Corp Japan ADV increased its stake in shares of TransUnion by 0.9% in the 4th quarter. Nissay Asset Management Corp Japan ADV now owns 23,697 shares of the business services provider's stock worth $2,220,000 after purchasing an additional 203 shares in the last quarter.

TransUnion Price Performance

Shares of TRU stock traded up $0.79 on Friday, reaching $99.22. 2,465,149 shares of the company were exchanged, compared to its average volume of 2,420,767. The company has a market cap of $19.36 billion, a price-to-earnings ratio of 49.61, a P/E/G ratio of 2.71 and a beta of 1.63. The business has a 50-day moving average price of $88.78 and a 200 day moving average price of $87.76. The company has a debt-to-equity ratio of 1.13, a quick ratio of 2.05 and a current ratio of 2.05. TransUnion has a 1 year low of $66.38 and a 1 year high of $113.17.

TransUnion (NYSE:TRU - Get Free Report) last issued its quarterly earnings data on Thursday, July 24th. The business services provider reported $1.08 EPS for the quarter, topping the consensus estimate of $0.99 by $0.09. TransUnion had a net margin of 8.99% and a return on equity of 16.31%. The firm had revenue of $1.14 billion for the quarter, compared to analyst estimates of $1.10 billion. During the same period in the prior year, the business posted $0.99 EPS. The business's revenue for the quarter was up 9.5% compared to the same quarter last year. Equities research analysts forecast that TransUnion will post 3.99 earnings per share for the current fiscal year.

TransUnion Dividend Announcement

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

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the company. Needham & Company LLC restated a "hold" rating on shares of TransUnion in a research note on Friday. Wells Fargo & Company dropped their price objective on shares of TransUnion from $124.00 to $118.00 and set an "overweight" rating for the company in a report on Friday. Stifel Nicolaus dropped their price objective on shares of TransUnion from $120.00 to $112.00 and set a "buy" rating for the company in a report on Friday, April 25th. Bank of America assumed coverage on shares of TransUnion in a report on Thursday, April 10th. They set an "underperform" rating and a $84.00 price objective for the company. Finally, Barclays decreased their target price on shares of TransUnion from $105.00 to $85.00 and set an "equal weight" rating on the stock in a research report on Friday, April 4th. One analyst has rated the stock with a sell rating, four have issued a hold rating and eleven have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $112.46.

Insider Activity at TransUnion

In related news, insider Steven M. Chaouki sold 1,000 shares of the firm's stock in a transaction dated Tuesday, July 1st. The shares were sold at an average price of $87.14, for a total value 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. This trade represents a 1.33% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders have sold a total of 3,000 shares of company stock valued at $255,010 in the last ninety days. 0.22% of the stock is owned by company insiders.

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.