TransUnion (NYSE:TRU) Shares Sold by LifePlan Financial LLC

LifePlan Financial LLC lessened its stake in shares of TransUnion (NYSE:TRU) by 4.9% during the 4th quarter, Holdings Channel reports. The fund owned 3,142 shares of the business services provider’s stock after selling 162 shares during the quarter. LifePlan Financial LLC’s holdings in TransUnion were worth $291,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of TRU. FMR LLC raised its stake in TransUnion by 307.7% during the third quarter. FMR LLC now owns 4,540,896 shares of the business services provider’s stock worth $475,432,000 after purchasing an additional 3,427,199 shares during the period. Massachusetts Financial Services Co. MA increased its holdings in shares of TransUnion by 17.4% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 19,180,562 shares of the business services provider’s stock worth $2,008,205,000 after buying an additional 2,840,800 shares during the last quarter. Westfield Capital Management Co. LP purchased a new stake in shares of TransUnion during the 3rd quarter valued at approximately $92,661,000. Wellington Management Group LLP grew its position in TransUnion by 16.8% in the third quarter. Wellington Management Group LLP now owns 4,426,510 shares of the business services provider’s stock worth $463,456,000 after acquiring an additional 635,581 shares during the period. Finally, Artemis Investment Management LLP acquired a new stake in TransUnion during the third quarter worth $32,008,000.

Wall Street Analyst Weigh In

Several brokerages have weighed in on TRU. UBS Group assumed coverage on shares of TransUnion in a research report on Tuesday, October 1st. They set a “neutral” rating and a $110.00 price target for the company. Wolfe Research raised TransUnion from a “peer perform” rating to an “outperform” rating and set a $130.00 target price on the stock in a research note on Thursday, October 10th. Jefferies Financial Group dropped their target price on TransUnion from $125.00 to $115.00 and set a “buy” rating for the company in a research report on Wednesday, January 15th. Royal Bank of Canada reissued an “outperform” rating and set a $121.00 price target on shares of TransUnion in a research report on Thursday, October 24th. Finally, Stifel Nicolaus lifted their price objective on shares of TransUnion from $103.00 to $120.00 and gave the company a “buy” rating in a report on Thursday, October 24th. Seven equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $108.19.

TransUnion Stock Up 0.5 %

TRU stock opened at $95.26 on Tuesday. The company’s 50 day moving average is $96.22 and its two-hundred day moving average is $95.83. TransUnion has a twelve month low of $66.07 and a twelve month high of $113.17. The company has a current ratio of 1.68, a quick ratio of 1.68 and a debt-to-equity ratio of 1.19. The stock has a market cap of $18.57 billion, a P/E ratio of 82.83, a PEG ratio of 1.14 and a beta of 1.62.

TransUnion (NYSE:TRU) last announced its quarterly 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 analysts’ expectations of $1.06 billion. TransUnion had a net margin of 5.47% and a return on equity of 15.38%. TransUnion’s quarterly revenue was up 12.0% compared to the same quarter last year. During the same period in the previous year, the company earned $0.80 earnings per share. Research analysts expect that TransUnion will post 3.44 earnings per share for the current fiscal year.

TransUnion Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 9th. Investors of record on Friday, November 22nd were paid a dividend of $0.105 per share. The ex-dividend date of this dividend was Friday, November 22nd. This represents a $0.42 dividend on an annualized basis and a yield of 0.44%. TransUnion’s dividend payout ratio is presently 36.52%.

Insiders Place Their Bets

In related news, Director George M. Awad sold 12,000 shares of the firm’s stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $100.00, for a total transaction of $1,200,000.00. Following the transaction, the director now owns 27,026 shares of the company’s stock, valued at $2,702,600. This trade represents a 30.75 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Steven M. Chaouki sold 1,000 shares of the company’s stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of $93.60, for a total value of $93,600.00. Following the sale, the insider now directly owns 59,488 shares of the company’s stock, valued at approximately $5,568,076.80. This represents a 1.65 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 19,090 shares of company stock valued at $1,916,758 over the last quarter. Company 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.