Natixis Advisors L.P. Reduces Holdings in TransUnion (NYSE:TRU)

Natixis Advisors L.P. decreased its position in TransUnion (NYSE:TRU - Free Report) by 54.2% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 15,361 shares of the business services provider's stock after selling 18,209 shares during the period. Natixis Advisors L.P.'s holdings in TransUnion were worth $1,054,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Van ECK Associates Corp raised its stake in shares of TransUnion by 27.9% during the 4th quarter. Van ECK Associates Corp now owns 4,744,770 shares of the business services provider's stock worth $326,013,000 after purchasing an additional 1,035,634 shares in the last quarter. Morgan Stanley raised its stake in shares of TransUnion by 23.7% during the 3rd quarter. Morgan Stanley now owns 4,923,690 shares of the business services provider's stock worth $353,472,000 after purchasing an additional 942,924 shares in the last quarter. Mackenzie Financial Corp raised its stake in shares of TransUnion by 531.4% during the 4th quarter. Mackenzie Financial Corp now owns 353,109 shares of the business services provider's stock worth $24,262,000 after purchasing an additional 297,180 shares in the last quarter. AEGON ASSET MANAGEMENT UK Plc bought a new stake in shares of TransUnion during the 4th quarter worth approximately $17,721,000. Finally, Victory Capital Management Inc. raised its stake in shares of TransUnion by 8.9% during the 4th quarter. Victory Capital Management Inc. now owns 2,905,171 shares of the business services provider's stock worth $199,614,000 after purchasing an additional 237,475 shares in the last quarter.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the company. Barclays upped their price objective on TransUnion from $55.00 to $75.00 and gave the stock an "equal weight" rating in a research note on Wednesday, February 14th. Truist Financial increased their price target on TransUnion from $65.00 to $75.00 and gave the company a "hold" rating in a research note on Wednesday, February 14th. Bank of America upgraded TransUnion from an "underperform" rating to a "neutral" rating and increased their price target for the company from $65.00 to $90.00 in a research note on Monday, April 1st. Robert W. Baird increased their price target on TransUnion from $87.00 to $94.00 and gave the company an "outperform" rating in a research note on Friday, April 26th. Finally, Stifel Nicolaus increased their price target on TransUnion from $83.00 to $92.00 and gave the company a "buy" rating in a research note on Friday, April 26th. Six analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. Based on data from MarketBeat.com, TransUnion currently has a consensus rating of "Moderate Buy" and a consensus target price of $83.60.

TransUnion Stock Performance

TRU stock traded down $1.12 during trading hours on Friday, hitting $77.69. 1,769,939 shares of the stock were exchanged, compared to its average volume of 1,672,769. The company has a current ratio of 1.65, a quick ratio of 1.65 and a debt-to-equity ratio of 1.26. The firm has a market capitalization of $15.09 billion, a P/E ratio of -54.33, a P/E/G ratio of 1.19 and a beta of 1.61. The company has a 50-day simple moving average of $76.39 and a two-hundred day simple moving average of $69.71. TransUnion has a 12 month low of $42.09 and a 12 month high of $82.75.

TransUnion (NYSE:TRU - Get Free Report) last issued its quarterly earnings results on Thursday, April 25th. The business services provider reported $0.83 EPS 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 company had revenue of $1.02 billion for the quarter, compared to analysts' expectations of $977.62 million. On average, analysts forecast that TransUnion will post 3.31 earnings per share for the current fiscal year.

TransUnion Announces Dividend

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

Insider Buying and Selling

In related news, EVP Timothy J. Martin sold 12,000 shares of the firm's stock in a transaction on Tuesday, March 5th. The stock was sold at an average price of $78.59, for a total value of $943,080.00. Following the transaction, the executive vice president now owns 54,522 shares in the company, valued at $4,284,883.98. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, EVP Timothy J. Martin sold 12,000 shares of the firm's stock in a transaction dated Tuesday, March 5th. The stock was sold at an average price of $78.59, for a total value 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 Securities & Exchange Commission, which is accessible through this link. Also, insider Steven M. Chaouki sold 1,775 shares of the firm'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 completion of the sale, the insider now directly owns 75,099 shares in the company, valued at $6,105,548.70. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 15,275 shares of company stock worth $1,204,538. Company insiders own 0.22% 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.