Wealth Enhancement Advisory Services LLC Sells 8,060 Shares of TransUnion (NYSE:TRU)

Wealth Enhancement Advisory Services LLC lowered its position in TransUnion (NYSE:TRU - Free Report) by 53.0% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 7,148 shares of the business services provider's stock after selling 8,060 shares during the quarter. Wealth Enhancement Advisory Services LLC's holdings in TransUnion were worth $593,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Charles Schwab Investment Management Inc. increased its holdings in shares of TransUnion by 3.4% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 700,518 shares of the business services provider's stock worth $64,945,000 after purchasing an additional 22,826 shares during the period. Jones Financial Companies Lllp increased its holdings in shares of TransUnion by 62.1% in the fourth quarter. Jones Financial Companies Lllp now owns 2,097 shares of the business services provider's stock worth $194,000 after purchasing an additional 803 shares during the period. JPMorgan Chase & Co. increased its holdings in shares of TransUnion by 39.5% in the fourth quarter. JPMorgan Chase & Co. now owns 315,530 shares of the business services provider's stock worth $29,253,000 after purchasing an additional 89,340 shares during the period. Smartleaf Asset Management LLC increased its holdings in shares of TransUnion by 28.8% in the fourth quarter. Smartleaf Asset Management LLC now owns 733 shares of the business services provider's stock worth $68,000 after purchasing an additional 164 shares during the period. Finally, Raymond James Financial Inc. bought a new position in TransUnion in the fourth quarter valued at $16,002,000.

Insider Buying and Selling

In other TransUnion 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 directly 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 filing with the SEC, which is available at this link. Insiders have sold 3,000 shares of company stock valued at $255,010 in the last ninety days. Company insiders own 0.22% of the company's stock.

Analysts Set New Price Targets

A number of research firms recently commented on TRU. Oppenheimer increased their target price on TransUnion from $96.00 to $100.00 and gave the company an "outperform" rating in a research note on Thursday, May 22nd. William Blair reissued an "outperform" rating on shares of TransUnion in a research note on Monday, March 24th. Wells Fargo & Company reduced their target price on TransUnion from $130.00 to $117.00 and set an "overweight" rating on the stock in a research note on Monday, April 14th. Barclays reduced their target price on TransUnion from $105.00 to $85.00 and set an "equal weight" rating on the stock in a research note on Friday, April 4th. Finally, Wall Street Zen raised TransUnion from a "hold" rating to a "buy" rating in a research note on Saturday. One research analyst has rated the stock with a sell rating, four have issued a hold rating and ten have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $109.69.

TransUnion Trading Up 1.6%

Shares of TransUnion stock traded up $1.45 during trading on Friday, reaching $91.61. 1,028,754 shares of the stock were exchanged, compared to its average volume of 1,791,046. 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 stock's fifty day moving average is $86.75 and its 200 day moving average is $87.76. The firm has a market cap of $17.87 billion, a price-to-earnings ratio of 48.73, a price-to-earnings-growth ratio of 2.53 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 posted its earnings results on Thursday, April 24th. The business services provider reported $1.05 earnings per share for the quarter, topping analysts' consensus estimates of $0.98 by $0.07. TransUnion had a net margin of 8.63% and a return on equity of 16.18%. The company had revenue of $1.10 billion during the quarter, compared to analyst estimates of $1.07 billion. During the same period in the prior year, the business posted $0.92 earnings per share. TransUnion's revenue for the quarter was up 7.3% on a year-over-year basis. As a group, equities research analysts expect that TransUnion will post 3.99 earnings per share for the current fiscal year.

TransUnion Announces Dividend

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

TransUnion Company 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.