UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $123.55 Million Stake in TransUnion (NYSE:TRU)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of TransUnion (NYSE:TRU) by 12.3% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,180,036 shares of the business services provider’s stock after acquiring an additional 129,547 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.61% of TransUnion worth $123,550,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Townsquare Capital LLC increased its stake in TransUnion by 1.0% in the third quarter. Townsquare Capital LLC now owns 10,211 shares of the business services provider’s stock valued at $1,069,000 after acquiring an additional 100 shares during the last quarter. Signaturefd LLC increased its stake in shares of TransUnion by 15.0% in the 3rd quarter. Signaturefd LLC now owns 788 shares of the business services provider’s stock valued at $83,000 after purchasing an additional 103 shares during the last quarter. Elo Mutual Pension Insurance Co raised its holdings in shares of TransUnion by 0.7% during the 2nd quarter. Elo Mutual Pension Insurance Co now owns 17,822 shares of the business services provider’s stock worth $1,322,000 after buying an additional 123 shares in the last quarter. Huntington National Bank lifted its position in shares of TransUnion by 84.5% during the 3rd quarter. Huntington National Bank now owns 286 shares of the business services provider’s stock worth $30,000 after buying an additional 131 shares during the last quarter. Finally, Lindbrook Capital LLC boosted its stake in TransUnion by 4.0% in the third quarter. Lindbrook Capital LLC now owns 4,260 shares of the business services provider’s stock valued at $446,000 after buying an additional 163 shares in the last quarter.

Wall Street Analyst Weigh In

A number of research firms have recently commented on TRU. Morgan Stanley increased their target price on shares of TransUnion from $103.00 to $119.00 and gave the stock an “overweight” rating in a report on Thursday, October 24th. Royal Bank of Canada restated an “outperform” rating and issued a $121.00 target price on shares of TransUnion in a research report on Thursday, October 24th. Wells Fargo & Company raised their price objective on TransUnion from $125.00 to $135.00 and gave the company an “overweight” rating in a report on Thursday, October 24th. The Goldman Sachs Group upped their target price on TransUnion from $97.00 to $109.00 and gave the stock a “neutral” rating in a report on Wednesday, October 2nd. Finally, Stifel Nicolaus lifted their price target on TransUnion from $103.00 to $120.00 and gave the company a “buy” rating in a research note on Thursday, October 24th. Seven analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $106.38.

Insider Activity

In other news, insider Steven M. Chaouki sold 1,000 shares of TransUnion stock in a transaction dated Tuesday, September 3rd. The shares were sold at an average price of $95.65, for a total transaction of $95,650.00. Following the completion of the transaction, the insider now directly owns 64,488 shares in the company, valued at $6,168,277.20. This trade represents a 1.53 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Timothy J. Martin sold 2,500 shares of the company’s stock in a transaction dated Tuesday, September 3rd. The stock was sold at an average price of $95.65, for a total transaction of $239,125.00. Following the completion of the sale, the executive vice president now owns 49,239 shares in the company, valued at $4,709,710.35. This represents a 4.83 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 19,500 shares of company stock worth $1,954,740 in the last three months. Company insiders own 0.22% of the company’s stock.

TransUnion Stock Performance

Shares of TRU opened at $101.50 on Monday. The company has a current ratio of 1.68, a quick ratio of 1.68 and a debt-to-equity ratio of 1.19. The firm’s fifty day simple moving average is $103.54 and its two-hundred day simple moving average is $90.57. TransUnion has a 12 month low of $57.80 and a 12 month high of $113.17. The stock has a market capitalization of $19.78 billion, a P/E ratio of 88.26, a price-to-earnings-growth ratio of 1.41 and a beta of 1.62.

TransUnion (NYSE:TRU) last announced its earnings results on Wednesday, October 23rd. The business services provider reported $1.04 EPS for the quarter, beating the consensus estimate of $1.01 by $0.03. TransUnion had a return on equity of 15.38% and a net margin of 5.47%. The company had revenue of $1.09 billion for the quarter, compared to analyst estimates of $1.06 billion. During the same quarter in the prior year, the company earned $0.80 EPS. The firm’s revenue for the quarter was up 12.0% compared to the same quarter last year. As a group, analysts predict that TransUnion will post 3.44 EPS for the current year.

TransUnion Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 9th. Stockholders of record on Friday, November 22nd will be given a dividend of $0.105 per share. The ex-dividend date of this dividend is Friday, November 22nd. This represents a $0.42 dividend on an annualized basis and a dividend yield of 0.41%. TransUnion’s dividend payout ratio (DPR) is presently 36.52%.

About TransUnion

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.