Harbor Capital Advisors Inc. Increases Stock Holdings in TransUnion (NYSE:TRU)

Harbor Capital Advisors Inc. lifted its stake in shares of TransUnion (NYSE:TRU) by 72.8% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 16,946 shares of the business services provider’s stock after acquiring an additional 7,142 shares during the quarter. Harbor Capital Advisors Inc.’s holdings in TransUnion were worth $1,774,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Signaturefd LLC grew its stake in TransUnion by 15.0% during the 3rd quarter. Signaturefd LLC now owns 788 shares of the business services provider’s stock worth $83,000 after buying an additional 103 shares during the last quarter. Elo Mutual Pension Insurance Co grew its position in shares of TransUnion by 0.7% during the second quarter. Elo Mutual Pension Insurance Co now owns 17,822 shares of the business services provider’s stock worth $1,322,000 after acquiring an additional 123 shares during the last quarter. V Square Quantitative Management LLC increased its holdings in shares of TransUnion by 6.4% in the 2nd quarter. V Square Quantitative Management LLC now owns 2,762 shares of the business services provider’s stock valued at $205,000 after acquiring an additional 165 shares during the period. National Bank of Canada FI raised its position in TransUnion by 22.3% in the 2nd quarter. National Bank of Canada FI now owns 910 shares of the business services provider’s stock valued at $66,000 after purchasing an additional 166 shares during the last quarter. Finally, OLD National Bancorp IN boosted its stake in TransUnion by 5.8% during the 2nd quarter. OLD National Bancorp IN now owns 4,599 shares of the business services provider’s stock worth $341,000 after purchasing an additional 254 shares during the period.

Insider Buying and Selling

In other TransUnion news, CAO Jennifer A. Williams sold 405 shares of the stock in a transaction on Thursday, August 29th. The stock was sold at an average price of $95.58, for a total transaction of $38,709.90. Following the sale, the chief accounting officer now owns 7,186 shares in the company, valued at approximately $686,837.88. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In other TransUnion news, CAO Jennifer A. Williams sold 405 shares of the company’s stock in a transaction dated Thursday, August 29th. The shares were sold at an average price of $95.58, for a total value of $38,709.90. Following the transaction, the chief accounting officer now directly owns 7,186 shares in the company, valued at approximately $686,837.88. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Heather J. Russell sold 3,173 shares of TransUnion stock in a transaction dated Thursday, August 29th. The stock was sold at an average price of $95.58, for a total transaction of $303,275.34. Following the sale, the executive vice president now owns 19,926 shares of the company’s stock, valued at approximately $1,904,527.08. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 12,715 shares of company stock worth $1,209,589 in the last ninety days. Insiders own 0.22% of the company’s stock.

TransUnion Stock Performance

Shares of TRU stock opened at $100.97 on Wednesday. The stock has a fifty day moving average price of $102.43 and a 200 day moving average price of $87.32. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.68 and a current ratio of 1.68. The stock has a market cap of $19.68 billion, a PE ratio of 87.80, a P/E/G ratio of 1.36 and a beta of 1.62. TransUnion has a 1 year low of $49.36 and a 1 year high of $113.17.

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. TransUnion had a return on equity of 15.38% and a net margin of 5.47%. The business had revenue of $1.09 billion during the quarter, compared to the consensus estimate of $1.06 billion. During the same quarter in the previous year, the company posted $0.80 EPS. The business’s revenue was up 12.0% on a year-over-year basis. Sell-side analysts forecast that TransUnion will post 3.46 earnings per share for the current fiscal year.

TransUnion Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 9th. Stockholders of record on Friday, August 23rd were paid a dividend of $0.105 per share. The ex-dividend date was Friday, August 23rd. This represents a $0.42 dividend on an annualized basis and a dividend yield of 0.42%. TransUnion’s dividend payout ratio (DPR) is 36.52%.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on TRU. Needham & Company LLC reaffirmed a “hold” rating on shares of TransUnion in a report on Thursday, October 24th. Barclays increased their price objective on TransUnion from $80.00 to $105.00 and gave the stock an “equal weight” rating in a research report on Friday, September 13th. Wells Fargo & Company boosted their target price on TransUnion from $125.00 to $135.00 and gave the company an “overweight” rating in a report on Thursday, October 24th. Oppenheimer increased their price target on TransUnion from $118.00 to $122.00 and gave the stock an “outperform” rating in a report on Thursday, October 24th. Finally, Robert W. Baird lifted their price objective on shares of TransUnion from $104.00 to $130.00 and gave the company an “outperform” rating in a research report on Thursday, October 24th. Seven equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $104.53.

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.