Raymond James & Associates Sells 22,445 Shares of TransUnion (NYSE:TRU)

Raymond James & Associates decreased its stake in shares of TransUnion (NYSE:TRU - Free Report) by 11.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 177,664 shares of the business services provider's stock after selling 22,445 shares during the period. Raymond James & Associates owned 0.09% of TransUnion worth $12,207,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Headlands Technologies LLC acquired a new position in TransUnion during the 3rd quarter valued at about $27,000. First Horizon Advisors Inc. lifted its position in TransUnion by 166.3% during the 1st quarter. First Horizon Advisors Inc. now owns 474 shares of the business services provider's stock valued at $29,000 after purchasing an additional 296 shares during the period. Northwestern Mutual Wealth Management Co. lifted its position in TransUnion by 36.9% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 843 shares of the business services provider's stock valued at $48,000 after purchasing an additional 227 shares during the period. Brown Brothers Harriman & Co. acquired a new position in TransUnion during the 1st quarter valued at about $49,000. Finally, KB Financial Partners LLC raised its position 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 valued at $50,000 after acquiring an additional 225 shares during the period.

TransUnion Stock Performance

TRU stock traded up $1.22 during midday trading on Friday, reaching $77.82. 2,038,798 shares of the company were exchanged, compared to its average volume of 1,606,399. The business has a 50-day moving average price of $75.92 and a two-hundred day moving average price of $67.89. The firm has a market capitalization of $15.11 billion, a price-to-earnings ratio of -52.23, a price-to-earnings-growth ratio of 1.20 and a beta of 1.61. TransUnion has a one year low of $42.09 and a one year high of $82.75. The company has a debt-to-equity ratio of 1.28, a current ratio of 1.47 and a quick ratio of 1.47.

TransUnion (NYSE:TRU - Get Free Report) last announced its 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. The company had revenue of $954.00 million during the quarter, compared to analysts' expectations of $927.04 million. TransUnion had a negative net margin of 7.50% and a positive return on equity of 13.58%. TransUnion's quarterly revenue was up 5.8% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.70 earnings per share. Equities research analysts forecast that TransUnion will post 3.3 EPS for the current year.

TransUnion Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 22nd. Stockholders of record on Thursday, March 7th were given a $0.105 dividend. The ex-dividend date of this dividend was Wednesday, March 6th. This represents a $0.42 dividend on an annualized basis and a dividend yield of 0.54%. TransUnion's payout ratio is presently -28.19%.

Wall Street Analyst Weigh In

TRU has been the topic of several recent analyst reports. StockNews.com raised shares of TransUnion from a "sell" rating to a "hold" rating in a research note on Tuesday, January 23rd. Bank of America raised shares of TransUnion from an "underperform" rating to a "neutral" rating and lifted their price objective for the stock from $65.00 to $90.00 in a research note on Monday. Jefferies Financial Group lifted their price objective 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. Royal Bank of Canada reissued an "outperform" rating and set a $85.00 price objective on shares of TransUnion in a research note on Wednesday, February 14th. Finally, Evercore ISI lifted their price objective 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 given a buy rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $80.87.

Insider Buying and Selling

In related news, EVP Timothy J. Martin sold 12,000 shares of the company's stock in a transaction dated Tuesday, March 5th. The shares were sold at an average price of $78.59, for a total transaction of $943,080.00. Following the completion of the sale, the executive vice president now owns 54,522 shares of the company's stock, valued at $4,284,883.98. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In related news, EVP Richard Dane Mauldin sold 1,500 shares of the company's 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 completion of the sale, the executive vice president now owns 22,033 shares of the company's stock, valued at $1,720,777.30. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Timothy J. Martin sold 12,000 shares of the business's stock in a transaction dated Tuesday, March 5th. The stock was sold at an average price of $78.59, for a total value of $943,080.00. Following the transaction, the executive vice president now directly owns 54,522 shares of the company's stock, valued at approximately $4,284,883.98. The disclosure for this sale can be found here. Insiders sold 15,275 shares of company stock valued at $1,204,538 over the last quarter. 0.22% of the stock is owned by company insiders.

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.