Vinva Investment Management Ltd Acquires 7,738 Shares of TransUnion (NYSE:TRU)

Vinva Investment Management Ltd increased its holdings in shares of TransUnion (NYSE:TRU) by 97.7% during the third quarter, Holdings Channel.com reports. The fund owned 15,659 shares of the business services provider’s stock after purchasing an additional 7,738 shares during the quarter. Vinva Investment Management Ltd’s holdings in TransUnion were worth $1,627,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of TRU. Victory Capital Management Inc. lifted its position in shares of TransUnion by 24.1% during the 2nd quarter. Victory Capital Management Inc. now owns 3,468,854 shares of the business services provider’s stock valued at $257,250,000 after acquiring an additional 674,187 shares during the period. Sumitomo Mitsui Trust Group Inc. raised its stake in TransUnion by 12.1% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,308,028 shares of the business services provider’s stock valued at $136,951,000 after purchasing an additional 140,952 shares in the last quarter. Blue Trust Inc. lifted its position in 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 purchasing an additional 523 shares during the period. Harbor Capital Advisors Inc. grew its stake in TransUnion by 359.2% during the second quarter. Harbor Capital Advisors Inc. now owns 9,804 shares of the business services provider’s stock worth $727,000 after buying an additional 7,669 shares in the last quarter. Finally, Swedbank AB acquired a new stake in TransUnion during the first quarter worth about $15,158,000.

Insider Buying and Selling at TransUnion

In related news, insider Steven M. Chaouki sold 1,000 shares of the business’s stock in a transaction 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 transaction, the insider now owns 64,488 shares in the company, valued at $6,168,277.20. The trade was a 1.53 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director George M. Awad sold 12,000 shares of the stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $100.00, for a total value of $1,200,000.00. Following the sale, the director now owns 27,026 shares of the company’s stock, valued at approximately $2,702,600. The trade was a 30.75 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 19,500 shares of company stock valued at $1,954,740. 0.22% of the stock is currently owned by company insiders.

TransUnion Price Performance

TRU stock opened at $101.50 on Friday. The company has a market capitalization of $19.78 billion, a P/E ratio of 88.26, a PEG ratio of 1.40 and a beta of 1.62. The company has a fifty day moving average price of $103.61 and a 200-day moving average price of $90.25. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.68 and a current ratio of 1.68. TransUnion has a 52-week low of $57.80 and a 52-week high of $113.17.

TransUnion (NYSE:TRU) last announced its 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 analyst estimates of $1.06 billion. During the same period last year, the company earned $0.80 EPS. TransUnion’s revenue for the quarter was up 12.0% compared to the same quarter last year. As a group, equities analysts expect that TransUnion will post 3.44 EPS for the current year.

TransUnion Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, December 9th. Investors of record on Friday, November 22nd will be issued a $0.105 dividend. This represents a $0.42 annualized dividend and a yield of 0.41%. The ex-dividend date is Friday, November 22nd. TransUnion’s payout ratio is presently 36.52%.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on TRU shares. Barclays upped their price target on shares of TransUnion from $80.00 to $105.00 and gave the stock an “equal weight” rating in a report on Friday, September 13th. Wells Fargo & Company raised 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. Stifel Nicolaus boosted their price target on TransUnion from $103.00 to $120.00 and gave the stock a “buy” rating in a report on Thursday, October 24th. The Goldman Sachs Group raised their price objective on TransUnion from $97.00 to $109.00 and gave the company a “neutral” rating in a research note on Wednesday, October 2nd. Finally, Wolfe Research raised TransUnion from a “peer perform” rating to an “outperform” rating and set a $130.00 target price for the company in a research note on Thursday, October 10th. Seven equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $106.38.

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.