Thornburg Investment Management Inc. Purchases 69,013 Shares of TransUnion (NYSE:TRU)

Thornburg Investment Management Inc. boosted its holdings in TransUnion (NYSE:TRU - Free Report) by 38.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 248,962 shares of the business services provider's stock after buying an additional 69,013 shares during the quarter. Thornburg Investment Management Inc. owned approximately 0.13% of TransUnion worth $17,106,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Headlands Technologies LLC acquired a new position in shares of TransUnion during the third quarter worth $27,000. GAMMA Investing LLC acquired a new stake in TransUnion during the 4th quarter valued at approximately $30,000. Westpac Banking Corp raised its holdings in TransUnion by 100.0% during the 4th quarter. Westpac Banking Corp now owns 908 shares of the business services provider's stock worth $62,000 after purchasing an additional 454 shares during the last quarter. CWM LLC increased its position in shares of TransUnion by 35.0% during the fourth quarter. CWM LLC now owns 1,544 shares of the business services provider's stock worth $106,000 after buying an additional 400 shares during the period. Finally, NBC Securities Inc. bought a new stake in TransUnion during the third quarter valued at $120,000.

TransUnion Trading Down 0.2 %

Shares of NYSE:TRU traded down $0.12 during trading on Tuesday, reaching $78.30. 1,312,135 shares of the company were exchanged, compared to its average volume of 1,667,164. The company has a debt-to-equity ratio of 1.26, a current ratio of 1.65 and a quick ratio of 1.65. The firm has a market capitalization of $15.21 billion, a PE ratio of -54.76, a P/E/G ratio of 1.16 and a beta of 1.61. The business's fifty day simple moving average is $76.38 and its 200-day simple moving average is $69.08. TransUnion has a 12-month low of $42.09 and a 12-month high of $82.75.

TransUnion (NYSE:TRU - Get Free Report) last posted its quarterly earnings data 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 firm had revenue of $1.02 billion during the quarter, compared to analyst estimates of $977.62 million. TransUnion had a negative net margin of 7.02% and a positive return on equity of 14.26%. On average, research analysts anticipate that TransUnion will post 3.31 EPS for the current year.

TransUnion Announces Dividend

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

Analyst Ratings Changes

A number of research firms recently weighed in on TRU. Morgan Stanley upped 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. Evercore ISI boosted their target price on shares of TransUnion from $70.00 to $80.00 and gave the company an "in-line" rating in a report on Tuesday, March 26th. Royal Bank of Canada reissued an "outperform" rating and issued a $85.00 price target on shares of TransUnion in a report on Wednesday, February 14th. Truist Financial raised their price objective on shares of TransUnion from $65.00 to $75.00 and gave the company a "hold" rating in a research report on Wednesday, February 14th. Finally, Robert W. Baird upped their target price on TransUnion from $87.00 to $94.00 and gave the stock an "outperform" rating in a research note on Friday, April 26th. Six equities research 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, the stock presently has an average rating of "Moderate Buy" and an average price target of $83.60.

Insider Activity at TransUnion

In other TransUnion news, EVP Richard Dane Mauldin sold 1,500 shares of the company's stock in a transaction that occurred on Thursday, March 14th. The shares were sold at an average price of $78.10, for a total transaction of $117,150.00. Following the transaction, the executive vice president now owns 22,033 shares in the company, valued at approximately $1,720,777.30. The sale 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 TransUnion stock in a transaction dated 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 owns 22,033 shares of the company's stock, valued at $1,720,777.30. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 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 completion of the sale, the executive vice president now owns 54,522 shares in the company, valued at approximately $4,284,883.98. The disclosure for this sale can be found here. Insiders have sold 15,275 shares of company stock valued at $1,204,538 in the last ninety days. Corporate insiders own 0.28% of the company's stock.

TransUnion 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.

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