abrdn plc Has $4.70 Million Stock Position in TransUnion (NYSE:TRU)

abrdn plc increased its stake in TransUnion (NYSE:TRU - Free Report) by 100.0% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 68,390 shares of the business services provider's stock after acquiring an additional 34,188 shares during the period. abrdn plc's holdings in TransUnion were worth $4,699,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. Headlands Technologies LLC acquired a new position in TransUnion during the third quarter valued at approximately $27,000. CENTRAL TRUST Co raised its stake in shares of TransUnion by 569.3% during the third quarter. CENTRAL TRUST Co now owns 937 shares of the business services provider's stock valued at $67,000 after purchasing an additional 797 shares during the period. NBC Securities Inc. purchased a new stake in shares of TransUnion during the third quarter valued at approximately $120,000. Federated Hermes Inc. purchased a new stake in shares of TransUnion during the fourth quarter valued at approximately $134,000. Finally, Concord Wealth Partners increased its stake in shares of TransUnion by 9,256.5% in the third quarter. Concord Wealth Partners now owns 2,152 shares of the business services provider's stock worth $154,000 after buying an additional 2,129 shares during the last quarter.

Analyst Ratings Changes

A number of research firms have commented on TRU. 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 report on Wednesday, January 17th. JPMorgan Chase & Co. boosted their price target on shares of TransUnion from $69.00 to $84.00 and gave the company an "overweight" rating in a report on Wednesday, February 14th. Barclays increased their target price on shares of TransUnion from $55.00 to $75.00 and gave the company an "equal weight" rating in a research report on Wednesday, February 14th. StockNews.com upgraded shares of TransUnion from a "sell" rating to a "hold" rating in a research report on Tuesday, January 23rd. Finally, Stifel Nicolaus upped their price target on shares of TransUnion from $83.00 to $92.00 and gave the company a "buy" rating in a report on Friday. Six investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $83.60.

Insider Buying and Selling

In other TransUnion 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 sale, the executive vice president now directly owns 54,522 shares of the company's stock, valued at $4,284,883.98. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. In other news, EVP Timothy J. Martin sold 12,000 shares of the company's stock in a transaction dated Tuesday, March 5th. The stock was sold at an average price of $78.59, for a total transaction of $943,080.00. Following the sale, the executive vice president now directly owns 54,522 shares in the company, valued at $4,284,883.98. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, insider Steven M. Chaouki sold 1,775 shares of the company's stock in a transaction dated 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 in the company, valued at $6,105,548.70. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 15,275 shares of company stock valued at $1,204,538. 0.22% of the stock is owned by insiders.

TransUnion Stock Performance

NYSE:TRU traded up $0.20 during mid-day trading on Friday, reaching $74.49. 1,873,347 shares of the company's stock were exchanged, compared to its average volume of 1,905,408. TransUnion has a one year low of $42.09 and a one year high of $82.75. The firm has a market capitalization of $14.47 billion, a PE ratio of -52.09, a price-to-earnings-growth ratio of 1.15 and a beta of 1.61. The business's fifty day simple moving average is $76.32 and its two-hundred day simple moving average is $67.88. 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 posted its earnings results on Thursday, April 25th. The business services provider reported $0.83 EPS for the quarter, topping the consensus estimate of $0.71 by $0.12. The business had revenue of $1.02 billion for the quarter, compared to the consensus estimate of $977.62 million. TransUnion had a negative net margin of 7.02% and a positive return on equity of 14.22%. Analysts anticipate that TransUnion will post 3.31 earnings per share for the current fiscal year.

TransUnion Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 22nd. Investors of record on Thursday, March 7th were issued a $0.105 dividend. This represents a $0.42 dividend on an annualized basis and a dividend yield of 0.56%. The ex-dividend date was Wednesday, March 6th. TransUnion's dividend payout ratio (DPR) is currently -29.37%.

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.