Avior Wealth Management LLC lifted its stake in shares of TransUnion (NYSE:TRU – Free Report) by 9.3% during the fourth quarter, Holdings Channel reports. The firm owned 5,359 shares of the business services provider’s stock after purchasing an additional 458 shares during the quarter. Avior Wealth Management LLC’s holdings in TransUnion were worth $497,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Huntington National Bank raised its holdings in TransUnion by 84.5% during the 3rd quarter. Huntington National Bank now owns 286 shares of the business services provider’s stock worth $30,000 after buying an additional 131 shares during the period. Versant Capital Management Inc increased its position in shares of TransUnion by 82.1% in the fourth quarter. Versant Capital Management Inc now owns 428 shares of the business services provider’s stock worth $40,000 after acquiring an additional 193 shares in the last quarter. True Wealth Design LLC raised its holdings in shares of TransUnion by 4,590.0% during the third quarter. True Wealth Design LLC now owns 469 shares of the business services provider’s stock valued at $49,000 after acquiring an additional 459 shares during the period. Retirement Wealth Solutions LLC purchased a new position in TransUnion during the 4th quarter worth approximately $44,000. Finally, Quarry LP lifted its stake in TransUnion by 963.0% in the 2nd quarter. Quarry LP now owns 574 shares of the business services provider’s stock worth $43,000 after acquiring an additional 520 shares in the last quarter.
TransUnion Trading Down 0.6 %
Shares of TransUnion stock opened at $95.41 on Friday. The company’s fifty day simple moving average is $95.88 and its 200-day simple moving average is $96.24. The company has a market cap of $18.60 billion, a price-to-earnings ratio of 82.97, a PEG ratio of 1.16 and a beta of 1.62. The company has a current ratio of 1.68, a quick ratio of 1.68 and a debt-to-equity ratio of 1.19. TransUnion has a 1 year low of $66.07 and a 1 year high of $113.17.
TransUnion Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Monday, December 9th. Investors of record on Friday, November 22nd were given a dividend of $0.105 per share. This represents a $0.42 dividend on an annualized basis and a yield of 0.44%. The ex-dividend date of this dividend was Friday, November 22nd. TransUnion’s dividend payout ratio (DPR) is presently 36.52%.
Wall Street Analysts Forecast Growth
A number of brokerages recently commented on TRU. UBS Group started coverage on shares of TransUnion in a research report on Tuesday, October 1st. They set a “neutral” rating and a $110.00 price objective on the stock. Robert W. Baird increased their price objective on TransUnion from $104.00 to $130.00 and gave the stock an “outperform” rating in a report on Thursday, October 24th. Morgan Stanley boosted their target price on TransUnion from $119.00 to $130.00 and gave the company an “overweight” rating in a research note on Thursday, December 12th. Wells Fargo & Company lowered their price target on TransUnion from $135.00 to $126.00 and set an “overweight” rating for the company in a research note on Friday, January 10th. Finally, Jefferies Financial Group dropped their price objective on TransUnion from $125.00 to $115.00 and set a “buy” rating on the stock in a report on Wednesday, January 15th. Six research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $108.19.
View Our Latest Research Report on TRU
Insider Activity at TransUnion
In other TransUnion news, insider Steven M. Chaouki sold 1,500 shares of the business’s stock in a transaction on Friday, November 8th. The shares were sold at an average price of $105.66, for a total value of $158,490.00. Following the sale, the insider now owns 62,988 shares of the company’s stock, valued at $6,655,312.08. The trade was a 2.33 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, 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 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 disclosure for this sale can be found here. Insiders have sold 19,090 shares of company stock worth $1,916,758 over the last three months. Company insiders own 0.22% of the company’s stock.
TransUnion Profile
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.
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