Quest Partners LLC Purchases 1,002 Shares of TransUnion (NYSE:TRU)

Quest Partners LLC raised its holdings in TransUnion (NYSE:TRU) by 45.5% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 3,204 shares of the business services provider’s stock after purchasing an additional 1,002 shares during the quarter. Quest Partners LLC’s holdings in TransUnion were worth $335,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the business. Huntington National Bank boosted its stake in shares of TransUnion by 84.5% in the 3rd quarter. Huntington National Bank now owns 286 shares of the business services provider’s stock valued at $30,000 after purchasing an additional 131 shares in the last quarter. Quarry LP boosted its position in TransUnion by 963.0% in the second quarter. Quarry LP now owns 574 shares of the business services provider’s stock valued at $43,000 after buying an additional 520 shares in the last quarter. Signaturefd LLC grew its stake in shares of TransUnion by 15.0% during the third 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. Blue Trust Inc. increased its holdings in shares of TransUnion by 156.6% during the second quarter. Blue Trust Inc. now owns 857 shares of the business services provider’s stock worth $68,000 after buying an additional 523 shares in the last quarter. Finally, National Bank of Canada FI lifted its stake in shares of 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 acquiring an additional 166 shares during the last quarter.

Wall Street Analysts Forecast Growth

TRU has been the topic of a number of research reports. Wells Fargo & Company boosted their price objective on TransUnion from $125.00 to $135.00 and gave the stock an “overweight” rating in a research report on Thursday, October 24th. The Goldman Sachs Group increased their target price on shares of TransUnion from $97.00 to $109.00 and gave the company a “neutral” rating in a research report on Wednesday, October 2nd. UBS Group began coverage on TransUnion in a report on Tuesday, October 1st. They set a “neutral” rating and a $110.00 price target for the company. 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 note on Thursday, October 24th. Finally, Barclays boosted their price objective on TransUnion from $80.00 to $105.00 and gave the company an “equal weight” rating in a report on Friday, September 13th. Seven analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $106.38.

TransUnion Price Performance

TRU opened at $102.37 on Tuesday. TransUnion has a fifty-two week low of $56.85 and a fifty-two week high of $113.17. The firm has a 50-day moving average of $103.67 and a 200 day moving average of $89.77. 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 firm has a market cap of $19.95 billion, a P/E ratio of 89.03, a PEG ratio of 1.37 and a beta of 1.62.

TransUnion (NYSE:TRU) last released its earnings results on Wednesday, October 23rd. The business services provider reported $1.04 earnings per share for the quarter, beating analysts’ consensus estimates of $1.01 by $0.03. The firm had revenue of $1.09 billion during the quarter, compared to the consensus estimate of $1.06 billion. TransUnion had a net margin of 5.47% and a return on equity of 15.38%. The company’s revenue was up 12.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.80 EPS. On average, research analysts expect that TransUnion will post 3.46 EPS for the current year.

TransUnion Announces Dividend

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

Insider Activity at TransUnion

In other news, insider Steven M. Chaouki sold 1,000 shares of the firm’s stock in a transaction that occurred on 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 directly owns 64,488 shares in the company, valued at approximately $6,168,277.20. This trade represents a 1.53 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Heather J. Russell sold 3,173 shares of the company’s stock in a transaction that occurred on 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 directly owns 19,926 shares in the company, valued at $1,904,527.08. This trade represents a 13.74 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 11,078 shares of company stock worth $1,096,725. Corporate insiders own 0.28% of the company’s stock.

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.