TransUnion $TRU Shares Bought by Allianz Asset Management GmbH

Key Points

• Allianz Asset Management GmbH increased its stake in TransUnion by 124.8%, acquiring a total of 54,249 shares valued at approximately $4.77 million.
• Several large investors, including Wellington Management Group and Massachusetts Financial Services, also reported significant increases in their positions in TransUnion during the first quarter of the year.
• TransUnion's stock has been rated as a "Moderate Buy" by analysts, with an average price target of $105.00, despite some fluctuations in individual ratings and target prices over recent months.

Allianz Asset Management GmbH grew its holdings in shares of TransUnion (NYSE:TRU - Free Report) by 124.8% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 54,249 shares of the business services provider's stock after purchasing an additional 30,119 shares during the period. Allianz Asset Management GmbH's holdings in TransUnion were worth $4,774,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in TRU. Wellington Management Group LLP increased its position in TransUnion by 61.2% in the first quarter. Wellington Management Group LLP now owns 10,877,953 shares of the business services provider's stock worth $902,761,000 after buying an additional 4,128,104 shares during the period. Massachusetts Financial Services Co. MA increased its position in TransUnion by 10.9% in the first quarter. Massachusetts Financial Services Co. MA now owns 21,674,473 shares of the business services provider's stock worth $1,798,765,000 after buying an additional 2,134,342 shares during the period. Nuveen LLC acquired a new stake in TransUnion in the first quarter worth $55,607,000. Spear Holdings RSC Ltd acquired a new stake in TransUnion in the second quarter worth $46,128,000. Finally, Victory Capital Management Inc. increased its position in TransUnion by 15.3% in the first quarter. Victory Capital Management Inc. now owns 3,146,693 shares of the business services provider's stock worth $261,144,000 after buying an additional 418,693 shares during the period.

Insider Activity at TransUnion

In related news, CAO Jennifer A. Williams sold 972 shares of the firm's stock in a transaction dated Monday, August 4th. The stock was sold at an average price of $92.89, for a total transaction of $90,289.08. Following the completion of the transaction, the chief accounting officer owned 7,108 shares of the company's stock, valued at $660,262.12. This trade represents a 12.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Heather J. Russell sold 5,337 shares of the firm's stock in a transaction dated Friday, September 5th. The shares were sold at an average price of $90.01, for a total value of $480,383.37. Following the transaction, the executive vice president directly owned 23,011 shares of the company's stock, valued at $2,071,220.11. This represents a 18.83% decrease in their position. The disclosure for this sale can be found here. Insiders sold 10,309 shares of company stock valued at $919,839 over the last 90 days. 0.22% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

TRU has been the topic of several analyst reports. BMO Capital Markets increased their target price on TransUnion from $115.00 to $118.00 and gave the stock an "outperform" rating in a research report on Friday, July 25th. Wall Street Zen lowered TransUnion from a "buy" rating to a "hold" rating in a research report on Sunday, August 3rd. Weiss Ratings reaffirmed a "hold (c)" rating on shares of TransUnion in a research report on Wednesday, October 8th. Seaport Res Ptn raised TransUnion to a "hold" rating in a report on Wednesday, October 1st. Finally, The Goldman Sachs Group lowered their price target on TransUnion from $96.00 to $83.00 and set a "neutral" rating on the stock in a report on Thursday, October 2nd. Eight investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, TransUnion presently has an average rating of "Moderate Buy" and an average price target of $105.00.

TransUnion Stock Performance

TRU opened at $83.28 on Friday. The company has a market capitalization of $16.22 billion, a price-to-earnings ratio of 41.64, a price-to-earnings-growth ratio of 2.15 and a beta of 1.71. The company has a debt-to-equity ratio of 1.09, a current ratio of 2.03 and a quick ratio of 2.02. TransUnion has a 1-year low of $66.38 and a 1-year high of $109.99. The business has a 50 day moving average price of $85.46 and a two-hundred day moving average price of $86.27.

TransUnion (NYSE:TRU - Get Free Report) last announced its earnings results on Thursday, July 24th. The business services provider reported $1.08 earnings per share for the quarter, beating the consensus estimate of $0.99 by $0.09. TransUnion had a return on equity of 16.08% and a net margin of 8.99%.The business had revenue of $1.14 billion during the quarter, compared to analysts' expectations of $1.10 billion. During the same quarter last year, the business posted $0.99 earnings per share. The company's quarterly revenue was up 9.5% on a year-over-year basis. Research analysts predict that TransUnion will post 3.99 EPS for the current fiscal year.

TransUnion Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, September 8th. Investors of record on Friday, August 22nd were paid a dividend of $0.115 per share. The ex-dividend date of this dividend was Friday, August 22nd. This represents a $0.46 annualized dividend and a yield of 0.6%. TransUnion's dividend payout ratio (DPR) is currently 23.00%.

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.

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