Bridges Investment Management Inc. Sells 200,015 Shares of TransUnion (NYSE:TRU)

Bridges Investment Management Inc. reduced its stake in TransUnion (NYSE:TRU - Free Report) by 85.6% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 33,731 shares of the business services provider's stock after selling 200,015 shares during the period. Bridges Investment Management Inc.'s holdings in TransUnion were worth $2,318,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Headlands Technologies LLC bought a new stake in shares of TransUnion in the 3rd quarter worth about $27,000. Brown Brothers Harriman & Co. bought a new stake in shares of TransUnion in the 1st quarter worth about $49,000. First Horizon Advisors Inc. increased its holdings in shares of TransUnion by 166.3% in the 1st quarter. First Horizon Advisors Inc. now owns 474 shares of the business services provider's stock worth $29,000 after buying an additional 296 shares during the last quarter. KB Financial Partners LLC increased its holdings in shares of TransUnion by 86.5% in the 1st quarter. KB Financial Partners LLC now owns 485 shares of the business services provider's stock worth $50,000 after buying an additional 225 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in shares of TransUnion by 36.9% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 843 shares of the business services provider's stock worth $48,000 after buying an additional 227 shares during the last quarter.

TransUnion Stock Down 1.5 %

Shares of NYSE TRU traded down $1.17 during trading hours on Thursday, hitting $76.57. 1,324,120 shares of the stock were exchanged, compared to its average volume of 1,599,743. The company has a quick ratio of 1.47, a current ratio of 1.47 and a debt-to-equity ratio of 1.28. TransUnion has a 12 month low of $42.09 and a 12 month high of $82.75. The company has a market cap of $14.87 billion, a PE ratio of -51.39, a PEG ratio of 1.20 and a beta of 1.61. The firm has a fifty day moving average price of $75.72 and a 200-day moving average price of $67.89.

TransUnion (NYSE:TRU - Get Free Report) last issued its quarterly earnings results on Tuesday, February 13th. The business services provider reported $0.80 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.72 by $0.08. TransUnion had a negative net margin of 7.50% and a positive return on equity of 13.58%. The business had revenue of $954.00 million for the quarter, compared to analyst estimates of $927.04 million. During the same quarter in the prior year, the business posted $0.70 EPS. TransUnion's revenue for the quarter was up 5.8% compared to the same quarter last year. On average, sell-side analysts expect that TransUnion will post 3.3 EPS for the current year.

TransUnion Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, March 22nd. Investors of record on Thursday, March 7th were issued a dividend of $0.105 per share. This represents a $0.42 dividend on an annualized basis and a yield of 0.55%. The ex-dividend date was Wednesday, March 6th. TransUnion's dividend payout ratio (DPR) is presently -28.19%.

Insider Buying and Selling

In other news, EVP Richard Dane Mauldin sold 1,500 shares of the stock in a transaction dated Thursday, March 14th. The shares were sold at an average price of $78.10, for a total value of $117,150.00. Following the completion of the sale, the executive vice president now directly owns 22,033 shares in the company, valued at $1,720,777.30. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In other TransUnion news, EVP Richard Dane Mauldin sold 1,500 shares of TransUnion stock in a transaction dated Thursday, March 14th. The shares were sold at an average price of $78.10, for a total transaction of $117,150.00. Following the transaction, the executive vice president now directly owns 22,033 shares of the company's stock, valued at $1,720,777.30. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Steven M. Chaouki sold 1,775 shares of the business's stock in a transaction that occurred on Monday, April 1st. The shares were sold at an average price of $81.30, for a total transaction of $144,307.50. Following the completion of the sale, the insider now directly owns 75,099 shares in the company, valued at $6,105,548.70. The disclosure for this sale can be found here. Over the last three months, insiders have sold 15,275 shares of company stock valued at $1,204,538. Corporate insiders own 0.22% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts recently commented on the stock. Jefferies Financial Group lifted their price target on shares of TransUnion from $75.00 to $85.00 and gave the stock a "buy" rating in a research note on Wednesday, January 17th. The Goldman Sachs Group lifted their price target on shares of TransUnion from $63.00 to $72.00 and gave the stock a "neutral" rating in a research note on Friday, December 29th. Royal Bank of Canada reaffirmed an "outperform" rating and set a $85.00 price target on shares of TransUnion in a research note on Wednesday, February 14th. Stifel Nicolaus lifted their price target on shares of TransUnion from $76.00 to $83.00 and gave the stock a "buy" rating in a research note on Wednesday, February 14th. Finally, Evercore ISI lifted their price target on shares of TransUnion from $70.00 to $80.00 and gave the stock an "in-line" rating in a research note on Tuesday, March 26th. Six equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $80.87.

TransUnion 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.