Copeland Capital Management LLC Lowers Stock Position in TransUnion (NYSE:TRU)

Copeland Capital Management LLC decreased its position in shares of TransUnion (NYSE:TRU - Free Report) by 1.7% during the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 320,839 shares of the business services provider's stock after selling 5,427 shares during the quarter. Copeland Capital Management LLC owned approximately 0.16% of TransUnion worth $26,626,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Massachusetts Financial Services Co. MA lifted its stake in shares of TransUnion by 1.9% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 19,540,131 shares of the business services provider's stock valued at $1,811,566,000 after buying an additional 359,569 shares in the last quarter. Vanguard Group Inc. lifted its stake in TransUnion by 1.4% in the 4th quarter. Vanguard Group Inc. now owns 18,066,657 shares of the business services provider's stock worth $1,674,960,000 after purchasing an additional 241,019 shares in the last quarter. Wellington Management Group LLP lifted its stake in TransUnion by 52.5% in the 4th quarter. Wellington Management Group LLP now owns 6,749,849 shares of the business services provider's stock worth $625,779,000 after purchasing an additional 2,323,339 shares in the last quarter. FMR LLC lifted its stake in TransUnion by 11.1% in the 4th quarter. FMR LLC now owns 5,044,865 shares of the business services provider's stock worth $467,709,000 after purchasing an additional 503,969 shares in the last quarter. Finally, William Blair Investment Management LLC lifted its stake in TransUnion by 30.6% in the 4th quarter. William Blair Investment Management LLC now owns 3,370,742 shares of the business services provider's stock worth $312,501,000 after purchasing an additional 789,497 shares in the last quarter.

TransUnion Price Performance

Shares of TransUnion stock traded down $1.87 during trading hours on Friday, reaching $86.99. The company's stock had a trading volume of 5,271,800 shares, compared to its average volume of 1,779,204. The firm has a 50 day moving average price of $85.49 and a 200-day moving average price of $87.99. TransUnion has a one year low of $66.38 and a one year high of $113.17. The company has a debt-to-equity ratio of 1.13, a current ratio of 2.05 and a quick ratio of 2.05. The stock has a market cap of $16.97 billion, a P/E ratio of 46.27, a P/E/G ratio of 2.41 and a beta of 1.64.

TransUnion (NYSE:TRU - Get Free Report) last issued its quarterly earnings results on Thursday, April 24th. The business services provider reported $1.05 EPS for the quarter, beating the consensus estimate of $0.98 by $0.07. The company had revenue of $1.10 billion for 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 was up 7.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.92 EPS. On average, analysts predict that TransUnion will post 3.99 EPS for the current year.

TransUnion Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 6th. Investors of record on Thursday, May 22nd were issued a dividend of $0.115 per share. The ex-dividend date of this dividend was Thursday, May 22nd. This represents a $0.46 annualized dividend and a yield of 0.53%. TransUnion's payout ratio is 24.47%.

Analyst Upgrades and Downgrades

TRU has been the topic of several research analyst reports. Bank of America initiated coverage on shares of TransUnion in a research note on Thursday, April 10th. They issued an "underperform" rating and a $84.00 price target on the stock. William Blair reiterated an "outperform" rating on shares of TransUnion in a research note on Monday, March 24th. Stifel Nicolaus decreased their price target on shares of TransUnion from $120.00 to $112.00 and set a "buy" rating on the stock in a research note on Friday, April 25th. Wells Fargo & Company decreased their price target on shares of TransUnion from $130.00 to $117.00 and set an "overweight" rating on the stock in a research note on Monday, April 14th. Finally, Oppenheimer boosted their price target on shares of TransUnion from $96.00 to $100.00 and gave the stock an "outperform" rating in a research note on Thursday, May 22nd. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and nine have issued a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $109.69.

Insider Activity at TransUnion

In other TransUnion news, insider Steven M. Chaouki sold 1,000 shares of the company's stock in a transaction dated Tuesday, April 1st. The shares were sold at an average price of $83.31, for a total value of $83,310.00. Following the transaction, the insider now directly owns 77,393 shares in the company, valued at $6,447,610.83. This represents a 1.28% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In the last ninety days, insiders have sold 3,000 shares of company stock worth $251,180. Insiders own 0.22% of the company's stock.

About TransUnion

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.