New York State Common Retirement Fund Has $10.69 Million Stock Holdings in TransUnion (NYSE:TRU)

New York State Common Retirement Fund lessened its stake in shares of TransUnion (NYSE:TRU - Free Report) by 18.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 155,643 shares of the business services provider's stock after selling 35,370 shares during the quarter. New York State Common Retirement Fund owned 0.08% of TransUnion worth $10,694,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Headlands Technologies LLC acquired a new position in shares of TransUnion during the third quarter worth about $27,000. CENTRAL TRUST Co lifted its stake in shares of TransUnion by 569.3% in the third quarter. CENTRAL TRUST Co now owns 937 shares of the business services provider's stock worth $67,000 after acquiring an additional 797 shares in the last quarter. CWM LLC lifted its stake in shares of TransUnion by 35.0% in the fourth quarter. CWM LLC now owns 1,544 shares of the business services provider's stock worth $106,000 after acquiring an additional 400 shares in the last quarter. NBC Securities Inc. acquired a new position in shares of TransUnion in the third quarter worth about $120,000. Finally, Federated Hermes Inc. acquired a new position in shares of TransUnion in the fourth quarter worth about $134,000.

TransUnion Price Performance

TRU traded up $1.61 during trading on Wednesday, reaching $74.61. The stock had a trading volume of 1,896,085 shares, compared to its average volume of 1,715,868. The firm has a market capitalization of $14.49 billion, a price-to-earnings ratio of -52.17, a price-to-earnings-growth ratio of 1.13 and a beta of 1.61. The company has a quick ratio of 1.65, a current ratio of 1.65 and a debt-to-equity ratio of 1.26. TransUnion has a 1-year low of $42.09 and a 1-year high of $82.75. The stock has a 50 day moving average of $76.30 and a two-hundred day moving average of $67.94.

TransUnion (NYSE:TRU - Get Free Report) last released its earnings results on Thursday, April 25th. The business services provider reported $0.83 earnings per share for the quarter, topping analysts' consensus estimates of $0.71 by $0.12. TransUnion had a positive return on equity of 14.26% and a negative net margin of 7.02%. The firm had revenue of $1.02 billion during the quarter, compared to the consensus estimate of $977.62 million. As a group, equities analysts anticipate that TransUnion will post 3.31 EPS for the current fiscal year.

TransUnion Dividend Announcement

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

Wall Street Analyst Weigh In

Several research firms recently commented on TRU. Robert W. Baird boosted their price target on TransUnion from $87.00 to $94.00 and gave the stock an "outperform" rating in a research note on Friday, April 26th. Morgan Stanley boosted their price target on TransUnion from $87.00 to $90.00 and gave the stock an "overweight" rating in a research note on Friday, April 26th. Stifel Nicolaus boosted their price objective on TransUnion from $83.00 to $92.00 and gave the company a "buy" rating in a report on Friday, April 26th. Royal Bank of Canada reissued an "outperform" rating and issued a $85.00 price objective on shares of TransUnion in a report on Wednesday, February 14th. Finally, Evercore ISI boosted their price objective on TransUnion from $70.00 to $80.00 and gave the company an "in-line" rating in a report on Tuesday, March 26th. Six investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company's stock. According to data from MarketBeat, TransUnion currently has an average rating of "Moderate Buy" and an average target price of $83.60.

Insider Buying and Selling at TransUnion

In other TransUnion news, EVP Timothy J. Martin sold 12,000 shares of the business's stock in a transaction on 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 approximately $4,284,883.98. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In other news, EVP Richard Dane Mauldin sold 1,500 shares of the company'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 transaction, the executive vice president now directly 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 this hyperlink. Also, EVP Timothy J. Martin sold 12,000 shares of the stock in a transaction on Tuesday, March 5th. The stock was sold at an average price of $78.59, for a total transaction of $943,080.00. Following the transaction, the executive vice president now directly owns 54,522 shares in the company, valued at $4,284,883.98. The disclosure for this sale can be found here. Insiders have sold a total of 15,275 shares of company stock valued at $1,204,538 in the last three months. 0.28% of the stock is currently 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.