Elo Mutual Pension Insurance Co increased its stake in shares of TransUnion (NYSE:TRU) by 1.6% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,729 shares of the business services provider’s stock after buying an additional 214 shares during the period. Elo Mutual Pension Insurance Co’s holdings in TransUnion were worth $1,236,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently modified their holdings of the company. Bessemer Group Inc. lifted its position in TransUnion by 271.8% during the 4th quarter. Bessemer Group Inc. now owns 383 shares of the business services provider’s stock worth $38,000 after buying an additional 280 shares in the last quarter. Jackson Grant Investment Advisers Inc. acquired a new position in TransUnion during the 4th quarter valued at about $46,000. University of Texas Texas AM Investment Managment Co. acquired a new position in TransUnion during the 4th quarter valued at about $50,000. Capital Asset Advisory Services LLC acquired a new position in TransUnion during the 4th quarter valued at about $52,000. Finally, Whittier Trust Co. lifted its position in TransUnion by 27.0% during the 1st quarter. Whittier Trust Co. now owns 546 shares of the business services provider’s stock valued at $49,000 after purchasing an additional 116 shares during the period. Institutional investors and hedge funds own 96.21% of the company’s stock.
A number of research analysts have issued reports on the stock. Robert W. Baird upped their target price on shares of TransUnion from $116.00 to $121.00 and gave the company an “outperform” rating in a research report on Wednesday, April 28th. Morgan Stanley upped their target price on shares of TransUnion from $105.00 to $115.00 and gave the company an “overweight” rating in a research report on Wednesday, April 28th. Deutsche Bank Aktiengesellschaft upped their target price on shares of TransUnion from $103.00 to $110.00 and gave the company a “buy” rating in a research report on Wednesday, April 28th. Truist upped their target price on shares of TransUnion from $100.00 to $120.00 in a research report on Wednesday, April 28th. Finally, Jefferies Financial Group upgraded shares of TransUnion from a “hold” rating to a “buy” rating and increased their price target for the company from $92.00 to $115.00 in a research report on Friday, February 12th. Two research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. TransUnion has an average rating of “Buy” and a consensus price target of $111.75.
NYSE TRU opened at $106.63 on Friday. The business’s 50 day simple moving average is $102.98. TransUnion has a 52-week low of $78.02 and a 52-week high of $110.42. The company has a current ratio of 1.78, a quick ratio of 1.78 and a debt-to-equity ratio of 1.19. The company has a market cap of $20.40 billion, a PE ratio of 51.26, a price-to-earnings-growth ratio of 1.60 and a beta of 1.31.
TransUnion (NYSE:TRU) last posted its earnings results on Tuesday, April 27th. The business services provider reported $0.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.77 by $0.14. TransUnion had a return on equity of 22.42% and a net margin of 14.45%. The business had revenue of $745.30 million during the quarter, compared to analysts’ expectations of $704.39 million. During the same period in the prior year, the business earned $0.73 EPS. TransUnion’s revenue for the quarter was up 11.6% compared to the same quarter last year. Analysts anticipate that TransUnion will post 3.27 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which was paid on Thursday, June 10th. Investors of record on Wednesday, May 26th were paid a dividend of $0.095 per share. This represents a $0.38 dividend on an annualized basis and a yield of 0.36%. This is a boost from TransUnion’s previous quarterly dividend of $0.08. The ex-dividend date was Tuesday, May 25th. TransUnion’s dividend payout ratio is presently 13.52%.
TransUnion provides risk and information solutions. The company operates in three segments: U.S. Markets, International, and Consumer Interactive. The U.S. Markets segment provides consumer reports, actionable insights, and analytics, such as credit and other scores, as well as technology solutions for businesses.
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