Swiss National Bank Sells 16,900 Shares of TransUnion (NYSE:TRU)

Swiss National Bank reduced its stake in TransUnion (NYSE:TRU - Free Report) by 2.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 604,500 shares of the business services provider's stock after selling 16,900 shares during the period. Swiss National Bank owned 0.31% of TransUnion worth $41,535,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Xponance Inc. grew its position in TransUnion by 1.9% during the fourth quarter. Xponance Inc. now owns 8,215 shares of the business services provider's stock worth $564,000 after buying an additional 157 shares in the last quarter. Concord Wealth Partners lifted its stake in shares of TransUnion by 7.4% in the 4th quarter. Concord Wealth Partners now owns 2,311 shares of the business services provider's stock valued at $159,000 after acquiring an additional 159 shares during the last quarter. Assenagon Asset Management S.A. boosted its holdings in shares of TransUnion by 3.4% during the 4th quarter. Assenagon Asset Management S.A. now owns 6,298 shares of the business services provider's stock valued at $433,000 after acquiring an additional 209 shares in the last quarter. Gilbert & Cook Inc. grew its position in TransUnion by 10.3% during the 3rd quarter. Gilbert & Cook Inc. now owns 3,059 shares of the business services provider's stock worth $220,000 after acquiring an additional 285 shares during the last quarter. Finally, Townsquare Capital LLC increased its holdings in TransUnion by 2.8% in the 3rd quarter. Townsquare Capital LLC now owns 13,325 shares of the business services provider's stock worth $957,000 after purchasing an additional 363 shares in the last quarter.

TransUnion Stock Performance

TRU traded down $0.81 during trading on Wednesday, hitting $77.78. 872,144 shares of the company traded hands, compared to its average volume of 1,689,575. The stock's fifty day moving average is $76.40 and its 200 day moving average is $68.39. TransUnion has a one year low of $42.09 and a one year high of $82.75. The firm has a market cap of $15.10 billion, a P/E ratio of -54.39, a price-to-earnings-growth ratio of 1.14 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 (NYSE:TRU - Get Free Report) last announced its quarterly earnings data on Thursday, April 25th. The business services provider reported $0.83 earnings per share for the quarter, topping the consensus estimate of $0.71 by $0.12. The company had revenue of $1.02 billion during the quarter, compared to analyst estimates of $977.62 million. TransUnion had a positive return on equity of 14.26% and a negative net margin of 7.02%. As a group, equities analysts predict that TransUnion will post 3.31 EPS for the current fiscal year.

TransUnion Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 3rd. Shareholders of record on Friday, May 17th will be issued a dividend of $0.105 per share. This represents a $0.42 dividend on an annualized basis and a yield of 0.54%. The ex-dividend date of this dividend is Thursday, May 16th. TransUnion's payout ratio is presently -29.37%.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on TRU. Wells Fargo & Company upped their price objective on TransUnion from $80.00 to $85.00 and gave the company an "overweight" rating in a research note on Wednesday, February 14th. StockNews.com upgraded TransUnion from a "sell" rating to a "hold" rating in a research report on Tuesday, January 23rd. Royal Bank of Canada reiterated an "outperform" rating and set a $85.00 price objective on shares of TransUnion in a research report on Wednesday, February 14th. Barclays boosted their price target on TransUnion from $55.00 to $75.00 and gave the company an "equal weight" rating in a research note on Wednesday, February 14th. Finally, Oppenheimer raised their target price on TransUnion from $81.00 to $90.00 and gave the company an "outperform" rating in a research note on Tuesday, April 9th. Six investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $83.60.

Insider Buying and Selling

In other news, insider Steven M. Chaouki sold 1,775 shares of TransUnion stock in a transaction dated Monday, April 1st. The stock was 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 owns 75,099 shares in the company, valued at approximately $6,105,548.70. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. In other TransUnion 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 directly owns 22,033 shares in the company, valued at $1,720,777.30. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Steven M. Chaouki sold 1,775 shares of TransUnion stock in a transaction dated Monday, April 1st. The stock was sold at an average price of $81.30, for a total value of $144,307.50. Following the completion of the transaction, the insider now owns 75,099 shares in the company, valued at approximately $6,105,548.70. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 15,275 shares of company stock valued at $1,204,538. Company insiders own 0.28% of the company's stock.

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.