Simplicity Wealth LLC Makes New $1.16 Million Investment in TransUnion (NYSE:TRU)

Simplicity Wealth LLC bought a new stake in TransUnion (NYSE:TRU - Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 14,587 shares of the business services provider's stock, valued at approximately $1,164,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Teacher Retirement System of Texas increased its stake in shares of TransUnion by 2.5% in the third quarter. Teacher Retirement System of Texas now owns 14,969 shares of the business services provider's stock valued at $1,075,000 after buying an additional 364 shares in the last quarter. Gilbert & Cook Inc. increased its stake in shares of TransUnion by 10.3% in the 3rd quarter. Gilbert & Cook Inc. now owns 3,059 shares of the business services provider's stock valued at $220,000 after buying an additional 285 shares during the period. California Public Employees Retirement System raised its position in shares of TransUnion by 1.4% during the third quarter. California Public Employees Retirement System now owns 292,262 shares of the business services provider's stock worth $20,981,000 after acquiring an additional 4,033 shares during the last quarter. Tokio Marine Asset Management Co. Ltd. lifted its stake in shares of TransUnion by 7.8% during the third quarter. Tokio Marine Asset Management Co. Ltd. now owns 5,675 shares of the business services provider's stock valued at $407,000 after acquiring an additional 410 shares during the period. Finally, Nomura Asset Management Co. Ltd. boosted its holdings in TransUnion by 22.5% in the third quarter. Nomura Asset Management Co. Ltd. now owns 101,336 shares of the business services provider's stock valued at $7,275,000 after acquiring an additional 18,602 shares during the last quarter.

TransUnion Stock Down 2.9 %

NYSE TRU traded down $2.25 during trading hours on Tuesday, reaching $76.61. 1,772,669 shares of the company's stock were exchanged, compared to its average volume of 1,672,781. The company has a debt-to-equity ratio of 1.26, a quick ratio of 1.65 and a current ratio of 1.65. TransUnion has a one year low of $42.09 and a one year high of $82.75. The company's 50-day moving average is $76.29 and its two-hundred day moving average is $70.47. The company has a market capitalization of $14.88 billion, a price-to-earnings ratio of -53.57, a price-to-earnings-growth ratio of 1.15 and a beta of 1.61.

TransUnion (NYSE:TRU - Get Free Report) last issued its quarterly earnings data 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. The business had revenue of $1.02 billion for 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, analysts forecast that TransUnion will post 3.31 EPS for the current fiscal year.

TransUnion Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 3rd. Shareholders of record on Friday, May 17th will be given a dividend of $0.105 per share. This represents a $0.42 dividend on an annualized basis and a yield of 0.55%. The ex-dividend date is Thursday, May 16th. TransUnion's dividend payout ratio (DPR) is currently -29.37%.

Wall Street Analyst Weigh In

TRU has been the subject of several recent research reports. Barclays boosted their price objective on TransUnion from $55.00 to $75.00 and gave the stock an "equal weight" rating in a report on Wednesday, February 14th. Needham & Company LLC raised their price objective on shares of TransUnion from $87.00 to $89.00 and gave the company a "buy" rating in a research note on Thursday, April 25th. Wells Fargo & Company upped their target price on shares of TransUnion from $80.00 to $85.00 and gave the company an "overweight" rating in a research report on Wednesday, February 14th. Bank of America raised 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. Finally, StockNews.com raised TransUnion from a "sell" rating to a "hold" rating in a research note on Tuesday, January 23rd. Six investment analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $83.60.

Insider Buying and Selling

In other TransUnion news, EVP Richard Dane Mauldin sold 1,500 shares of the business's stock in a transaction that occurred on Thursday, March 14th. The stock was 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 of the company's stock, valued at approximately $1,720,777.30. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, EVP Timothy J. Martin sold 12,000 shares of the stock in a transaction dated Tuesday, March 5th. The shares were sold at an average price of $78.59, for a total value of $943,080.00. Following the transaction, the executive vice president now directly owns 54,522 shares of the company's stock, valued at $4,284,883.98. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, 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 sale, the executive vice president now directly owns 22,033 shares of the company's stock, valued at approximately $1,720,777.30. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 15,275 shares of company stock worth $1,204,538. 0.28% of the stock is owned by insiders.

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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