Wellington Management Group LLP Has $902.76 Million Holdings in TransUnion $TRU

Key Points

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Wellington Management Group LLP boosted its holdings in shares of TransUnion (NYSE:TRU - Free Report) by 61.2% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 10,877,953 shares of the business services provider's stock after buying an additional 4,128,104 shares during the quarter. Wellington Management Group LLP owned approximately 5.58% of TransUnion worth $902,761,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. Massachusetts Financial Services Co. MA increased its position in TransUnion by 10.9% during 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 last quarter. Vanguard Group Inc. increased its position in TransUnion by 1.1% during the first quarter. Vanguard Group Inc. now owns 18,264,902 shares of the business services provider's stock worth $1,515,804,000 after buying an additional 198,245 shares during the last quarter. Victory Capital Management Inc. increased its position in TransUnion by 15.3% during 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 last quarter. XN LP increased its position in TransUnion by 2.9% during the fourth quarter. XN LP now owns 1,907,775 shares of the business services provider's stock worth $176,870,000 after buying an additional 54,330 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its position in TransUnion by 10.8% during the first quarter. Dimensional Fund Advisors LP now owns 1,820,100 shares of the business services provider's stock worth $151,030,000 after buying an additional 177,687 shares during the last quarter.

Insider Buying and Selling at TransUnion

In other TransUnion news, CAO Jennifer A. Williams sold 972 shares of the company's stock in a transaction on 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 sale, the chief accounting officer directly owned 7,108 shares in the company, valued at $660,262.12. This represents a 12.03% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Steven M. Chaouki sold 1,000 shares of the company's 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 sale, the insider owned 73,393 shares of the company's stock, valued at $6,694,175.53. The trade was a 1.34% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 3,972 shares of company stock valued at $353,549 over the last 90 days. Corporate insiders own 0.22% of the company's stock.

Analyst Ratings Changes

Several research firms have recently commented on TRU. UBS Group reaffirmed a "neutral" rating and issued a $105.00 target price (up previously from $98.00) on shares of TransUnion in a research report on Friday, July 25th. Oppenheimer boosted their price target on TransUnion from $100.00 to $108.00 and gave the company an "outperform" rating in a research note on Tuesday, July 8th. BMO Capital Markets boosted their price target on TransUnion from $115.00 to $118.00 and gave the company an "outperform" rating in a research note on Friday, July 25th. Wall Street Zen downgraded TransUnion from a "buy" rating to a "hold" rating in a research note on Sunday, August 3rd. Finally, Stifel Nicolaus reduced their price target on TransUnion from $120.00 to $112.00 and set a "buy" rating for the company in a research note on Friday, April 25th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and ten have issued a buy rating to the stock. According to MarketBeat, TransUnion presently has a consensus rating of "Moderate Buy" and a consensus price target of $112.46.

TransUnion Trading Down 0.5%

Shares of NYSE:TRU opened at $88.43 on Tuesday. The company has a market capitalization of $17.23 billion, a P/E ratio of 44.22, a P/E/G ratio of 2.48 and a beta of 1.65. TransUnion has a 1 year low of $66.38 and a 1 year high of $113.17. The company has a debt-to-equity ratio of 1.09, a current ratio of 2.03 and a quick ratio of 2.02. The business's 50 day simple moving average is $90.77 and its 200 day simple moving average is $87.40.

TransUnion (NYSE:TRU - Get Free Report) last issued its quarterly earnings results on Thursday, July 24th. The business services provider reported $1.08 earnings per share (EPS) for the quarter, topping 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 business had revenue of $1.14 billion for the quarter, compared to the consensus estimate of $1.10 billion. During the same quarter in the prior year, the business posted $0.99 earnings per share. The firm's quarterly revenue was up 9.5% compared to the same quarter last year. On average, research analysts anticipate that TransUnion will post 3.99 EPS for the current fiscal year.

TransUnion Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, September 8th. Shareholders of record on Friday, August 22nd will be paid a dividend of $0.115 per share. The ex-dividend date is Friday, August 22nd. This represents a $0.46 annualized dividend and a yield of 0.5%. TransUnion's dividend payout ratio is presently 23.00%.

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.

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