Vanguard Group Inc. Has $1.52 Billion Holdings in TransUnion (NYSE:TRU)

Vanguard Group Inc. raised its holdings in TransUnion (NYSE:TRU - Free Report) by 1.1% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 18,264,902 shares of the business services provider's stock after buying an additional 198,245 shares during the quarter. Vanguard Group Inc. owned 9.36% of TransUnion worth $1,515,804,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in TRU. Fifth Third Bancorp grew its holdings in TransUnion by 105.3% in the 1st quarter. Fifth Third Bancorp now owns 423 shares of the business services provider's stock valued at $35,000 after buying an additional 217 shares during the last quarter. Private Trust Co. NA lifted its position in shares of TransUnion by 194.1% in 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 period. Kapitalo Investimentos Ltda bought a new stake in shares of TransUnion in the 4th quarter worth approximately $47,000. Quarry LP bought a new stake in shares of TransUnion in the 4th quarter worth approximately $58,000. Finally, NewEdge Advisors LLC lifted its position in shares of TransUnion by 72.1% in the 4th quarter. NewEdge Advisors LLC now owns 649 shares of the business services provider's stock worth $60,000 after acquiring an additional 272 shares during the period.

Analyst Upgrades and Downgrades

TRU has been the subject of a number of research reports. Oppenheimer raised their price objective on TransUnion from $100.00 to $108.00 and gave the stock an "outperform" rating in a research report on Tuesday, July 8th. Wall Street Zen downgraded TransUnion from a "buy" rating to a "hold" rating in a research report on Sunday, August 3rd. BMO Capital Markets raised their price objective on TransUnion from $115.00 to $118.00 and gave the stock an "outperform" rating in a research report on Friday, July 25th. Stifel Nicolaus reduced their price objective on TransUnion from $120.00 to $112.00 and set a "buy" rating for the company in a research report on Friday, April 25th. Finally, Needham & Company LLC reiterated a "hold" rating on shares of TransUnion in a research report on Friday, July 25th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and ten have given a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $112.46.

Insider Buying and Selling at TransUnion

In other news, insider Steven M. Chaouki sold 1,000 shares of TransUnion stock in a transaction on Friday, August 8th. The stock was sold at an average price of $91.21, for a total value of $91,210.00. Following the completion of the sale, the insider directly owned 73,393 shares of the company's stock, valued at approximately $6,694,175.53. This trade represents a 1.34% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Jennifer A. Williams sold 972 shares of TransUnion stock in a transaction on Monday, August 4th. The shares were sold at an average price of $92.89, for a total value of $90,289.08. Following the completion of the sale, the chief accounting officer directly 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 disclosure for this sale can be found here. Insiders sold a total of 3,972 shares of company stock valued at $353,549 over the last three months. Insiders own 0.25% of the company's stock.

TransUnion Price Performance

TRU stock traded up $4.93 during midday trading on Wednesday, reaching $92.82. 2,210,185 shares of the company's stock traded hands, compared to its average volume of 2,070,939. The company has a 50-day simple moving average of $90.50 and a two-hundred day simple moving average of $87.70. TransUnion has a 1-year low of $66.38 and a 1-year high of $113.17. The company has a market cap of $18.08 billion, a price-to-earnings ratio of 46.41, a PEG ratio of 2.40 and a beta of 1.65. The company has a quick ratio of 2.02, a current ratio of 2.03 and a debt-to-equity ratio of 1.09.

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

TransUnion Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, September 8th. Stockholders of record on Friday, August 22nd will be paid a $0.115 dividend. This represents a $0.46 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend is Friday, August 22nd. TransUnion's dividend payout ratio (DPR) is 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.