NFJ Investment Group LLC Sells 35,177 Shares of TransUnion (NYSE:TRU)

NFJ Investment Group LLC reduced its position in TransUnion (NYSE:TRU) by 11.7% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 264,453 shares of the business services provider’s stock after selling 35,177 shares during the period. NFJ Investment Group LLC owned 0.14% of TransUnion worth $27,688,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Huntington National Bank increased its position in shares of TransUnion by 84.5% during the third quarter. Huntington National Bank now owns 286 shares of the business services provider’s stock worth $30,000 after purchasing an additional 131 shares in the last quarter. True Wealth Design LLC raised its stake in TransUnion by 4,590.0% in the third quarter. True Wealth Design LLC now owns 469 shares of the business services provider’s stock valued at $49,000 after buying an additional 459 shares during the last quarter. Quarry LP raised its stake 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 during 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 acquiring an additional 103 shares during the last quarter. Finally, 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 valued at $68,000 after acquiring an additional 523 shares in the last quarter.

Analysts Set New Price Targets

TRU has been the subject of a number of research analyst reports. Needham & Company LLC reaffirmed a “hold” rating on shares of TransUnion in a report on Thursday, October 24th. The Goldman Sachs Group lifted their price target on TransUnion from $97.00 to $109.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 2nd. 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 report on Thursday, October 10th. Oppenheimer cut their price target on shares of TransUnion from $122.00 to $115.00 and set an “outperform” rating on the stock in a report on Wednesday, November 20th. 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 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 MarketBeat, TransUnion has an average rating of “Moderate Buy” and a consensus price target of $106.38.

TransUnion Trading Down 0.1 %

Shares of TRU traded down $0.10 during mid-day trading on Tuesday, reaching $98.95. The stock had a trading volume of 65,778 shares, compared to its average volume of 1,594,141. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.68 and a quick ratio of 1.68. The business’s fifty day moving average is $103.42 and its 200 day moving average is $90.71. TransUnion has a 52-week low of $58.59 and a 52-week high of $113.17. The firm has a market cap of $19.29 billion, a price-to-earnings ratio of 86.06, a P/E/G ratio of 1.41 and a beta of 1.60.

TransUnion (NYSE:TRU) last posted 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. The company had revenue of $1.09 billion during the quarter, compared to analysts’ expectations of $1.06 billion. TransUnion had a return on equity of 15.38% and a net margin of 5.47%. The firm’s quarterly revenue was up 12.0% compared to the same quarter last year. During the same quarter last year, the firm earned $0.80 earnings per share. On average, sell-side analysts predict that TransUnion will post 3.44 EPS for the current fiscal year.

TransUnion Announces Dividend

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 issued a $0.105 dividend. The ex-dividend date is Friday, November 22nd. This represents a $0.42 annualized dividend and a dividend yield of 0.42%. TransUnion’s dividend payout ratio is currently 36.52%.

Insider Activity at TransUnion

In related news, Director George M. Awad sold 12,000 shares of the business’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of $100.00, for a total value of $1,200,000.00. Following the completion of the sale, the director now directly owns 27,026 shares of the company’s stock, valued at $2,702,600. The trade was a 30.75 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Todd C. Skinner sold 3,090 shares of the firm’s stock in a transaction dated Friday, November 29th. The stock was sold at an average price of $101.48, for a total value of $313,573.20. Following the transaction, the insider now directly owns 24,333 shares in the company, valued at approximately $2,469,312.84. The trade was a 11.27 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 19,090 shares of company stock worth $1,933,538. 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.