TransUnion (NYSE:TRU) Shares Sold by Daiwa Securities Group Inc.

Daiwa Securities Group Inc. trimmed its holdings in TransUnion (NYSE:TRU) by 4.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 18,666 shares of the business services provider’s stock after selling 804 shares during the quarter. Daiwa Securities Group Inc.’s holdings in TransUnion were worth $1,955,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of TRU. California State Teachers Retirement System increased its holdings in shares of TransUnion by 2.4% in the 1st quarter. California State Teachers Retirement System now owns 327,518 shares of the business services provider’s stock valued at $26,136,000 after acquiring an additional 7,636 shares during the period. Tidal Investments LLC increased its holdings in shares of TransUnion by 8.3% in the 1st quarter. Tidal Investments LLC now owns 3,981 shares of the business services provider’s stock valued at $318,000 after acquiring an additional 304 shares during the period. Swedbank AB acquired a new position in shares of TransUnion in the 1st quarter valued at $15,158,000. DekaBank Deutsche Girozentrale increased its holdings in shares of TransUnion by 0.9% in the 1st quarter. DekaBank Deutsche Girozentrale now owns 64,657 shares of the business services provider’s stock valued at $5,064,000 after acquiring an additional 588 shares during the period. Finally, DNB Asset Management AS grew its position in TransUnion by 5.6% in the 2nd quarter. DNB Asset Management AS now owns 36,506 shares of the business services provider’s stock valued at $2,707,000 after buying an additional 1,939 shares during the last quarter.

Insider Activity at TransUnion

In related news, insider Steven M. Chaouki sold 1,000 shares of the business’s stock in a transaction dated Tuesday, September 3rd. The shares were sold at an average price of $95.65, for a total value of $95,650.00. Following the completion of the transaction, the insider now owns 64,488 shares of the company’s stock, valued at approximately $6,168,277.20. The trade was a 1.53 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director George M. Awad sold 12,000 shares of the business’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $100.00, for a total transaction of $1,200,000.00. Following the completion of the transaction, the director now directly owns 27,026 shares of the company’s stock, valued at $2,702,600. The trade was a 30.75 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 19,500 shares of company stock valued at $1,954,740. 0.28% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on TRU shares. Barclays lifted their price objective on shares of TransUnion from $80.00 to $105.00 and gave the company an “equal weight” rating in a research report on Friday, September 13th. UBS Group started coverage on shares of TransUnion in a research report on Tuesday, October 1st. They issued a “neutral” rating and a $110.00 price objective on the stock. Royal Bank of Canada reiterated an “outperform” rating and issued a $121.00 price objective on shares of TransUnion in a research report on Thursday, October 24th. Wells Fargo & Company lifted their price objective on shares of TransUnion from $125.00 to $135.00 and gave the company an “overweight” rating in a research report on Thursday, October 24th. Finally, Needham & Company LLC reiterated a “hold” rating on shares of TransUnion in a research report on Thursday, October 24th. Seven research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $106.38.

TransUnion Trading Up 0.3 %

NYSE:TRU opened at $101.00 on Friday. The company has a market capitalization of $19.68 billion, a PE ratio of 87.83, a price-to-earnings-growth ratio of 1.42 and a beta of 1.62. The company has a quick ratio of 1.68, a current ratio of 1.68 and a debt-to-equity ratio of 1.19. TransUnion has a 52-week low of $56.85 and a 52-week high of $113.17. The stock has a fifty day simple moving average of $103.70 and a 200-day simple moving average of $90.18.

TransUnion (NYSE:TRU) last released its quarterly earnings results on Wednesday, October 23rd. The business services provider reported $1.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.01 by $0.03. The business had revenue of $1.09 billion during the quarter, compared to the consensus estimate of $1.06 billion. TransUnion had a return on equity of 15.38% and a net margin of 5.47%. The business’s revenue was up 12.0% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.80 EPS. On average, equities research analysts expect that TransUnion will post 3.45 earnings per share for the current fiscal year.

TransUnion Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, December 9th. Investors of record on Friday, November 22nd will be paid a $0.105 dividend. This represents a $0.42 annualized dividend and a yield of 0.42%. The ex-dividend date is Friday, November 22nd. TransUnion’s payout ratio is 36.52%.

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.