DAVENPORT & Co LLC Buys 17,961 Shares of TransUnion (NYSE:TRU)

DAVENPORT & Co LLC grew its stake in shares of TransUnion (NYSE:TRU - Free Report) by 607.6% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 20,917 shares of the business services provider's stock after acquiring an additional 17,961 shares during the period. DAVENPORT & Co LLC's holdings in TransUnion were worth $1,446,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of TRU. Raymond James Financial Services Advisors Inc. grew its position in shares of TransUnion by 1.6% during the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 13,272 shares of the business services provider's stock valued at $1,372,000 after acquiring an additional 207 shares during the period. American Century Companies Inc. boosted its holdings in TransUnion by 52.4% in the 1st quarter. American Century Companies Inc. now owns 8,374 shares of the business services provider's stock worth $865,000 after buying an additional 2,880 shares during the period. Roundview Capital LLC boosted its holdings in TransUnion by 1.3% in the 1st quarter. Roundview Capital LLC now owns 20,949 shares of the business services provider's stock worth $2,165,000 after buying an additional 272 shares during the period. HighTower Advisors LLC boosted its holdings in TransUnion by 50.9% in the 1st quarter. HighTower Advisors LLC now owns 6,551 shares of the business services provider's stock worth $673,000 after buying an additional 2,211 shares during the period. Finally, MetLife Investment Management LLC bought a new position in TransUnion in the 1st quarter worth approximately $1,000,000.

Analyst Ratings Changes

Several research analysts recently commented on TRU shares. Truist Financial raised their price objective on shares of TransUnion from $65.00 to $75.00 and gave the stock a "hold" rating in a report on Wednesday, February 14th. Royal Bank of Canada reaffirmed an "outperform" rating and issued a $85.00 price objective on shares of TransUnion in a report on Wednesday, February 14th. StockNews.com raised shares of TransUnion from a "sell" rating to a "hold" rating in a report on Tuesday, January 23rd. Robert W. Baird increased their target price on shares of TransUnion from $80.00 to $87.00 and gave the stock an "outperform" rating in a research note on Wednesday, February 14th. Finally, Stifel Nicolaus increased their target price 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. Six equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $80.87.

Insider Buying and Selling

In other TransUnion news, EVP Richard Dane Mauldin sold 1,500 shares of the firm's stock in a transaction on Thursday, March 14th. The shares were sold at an average price of $78.10, for a total value of $117,150.00. Following the sale, the executive vice president now owns 22,033 shares of the company's stock, valued at approximately $1,720,777.30. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other TransUnion news, insider Steven M. Chaouki sold 1,775 shares of the firm's stock in a transaction on Monday, April 1st. The shares were sold at an average price of $81.30, for a total value of $144,307.50. Following the sale, the insider now owns 75,099 shares of the company's stock, valued at approximately $6,105,548.70. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Richard Dane Mauldin sold 1,500 shares of the firm's stock in a transaction on Thursday, March 14th. The stock was 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 directly owns 22,033 shares in the company, valued at approximately $1,720,777.30. The disclosure for this sale can be found here. Insiders have sold a total of 15,275 shares of company stock worth $1,204,538 in the last 90 days. 0.22% of the stock is owned by company insiders.

TransUnion Trading Up 1.6 %

NYSE:TRU traded up $1.25 during trading hours on Friday, reaching $77.85. The company's stock had a trading volume of 2,038,715 shares, compared to its average volume of 1,302,070. The firm has a market capitalization of $15.12 billion, a price-to-earnings ratio of -52.25, a PEG ratio of 1.20 and a beta of 1.61. The firm has a 50-day simple moving average of $75.92 and a 200-day simple moving average of $67.76. TransUnion has a 1 year low of $42.09 and a 1 year high of $82.75. The company has a debt-to-equity ratio of 1.28, a quick ratio of 1.47 and a current ratio of 1.47.

TransUnion (NYSE:TRU - Get Free Report) last issued its earnings results on Tuesday, February 13th. The business services provider reported $0.80 EPS for the quarter, topping analysts' consensus estimates of $0.72 by $0.08. The company had revenue of $954.00 million for 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%. The firm's revenue was up 5.8% compared to the same quarter last year. During the same quarter last year, the company earned $0.70 EPS. Research analysts expect that TransUnion will post 3.3 EPS for the current fiscal year.

TransUnion Announces Dividend

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

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.