Goldman Sachs Group Inc. Sells 588,590 Shares of TransUnion (NYSE:TRU)

Goldman Sachs Group Inc. trimmed its stake in TransUnion (NYSE:TRU) by 47.3% in the 4th quarter, HoldingsChannel reports. The fund owned 656,445 shares of the business services provider’s stock after selling 588,590 shares during the quarter. Goldman Sachs Group Inc.’s holdings in TransUnion were worth $45,104,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the stock. V Square Quantitative Management LLC raised its position in shares of TransUnion by 48.0% in the 4th quarter. V Square Quantitative Management LLC now owns 2,597 shares of the business services provider’s stock worth $178,000 after acquiring an additional 842 shares in the last quarter. HST Ventures LLC acquired a new position in TransUnion during the 4th quarter valued at about $2,199,000. Clearfield Capital Management LP acquired a new position in TransUnion during the 4th quarter valued at about $8,403,000. Bridgewater Associates LP increased its position in TransUnion by 42.7% during the 4th quarter. Bridgewater Associates LP now owns 301,062 shares of the business services provider’s stock valued at $20,686,000 after buying an additional 90,105 shares in the last quarter. Finally, Logan Capital Management Inc. increased its position in TransUnion by 1.7% during the 4th quarter. Logan Capital Management Inc. now owns 9,887 shares of the business services provider’s stock valued at $679,000 after buying an additional 170 shares in the last quarter.

Analyst Ratings Changes

TRU has been the topic of several recent analyst reports. Stifel Nicolaus upped their target price on TransUnion from $83.00 to $92.00 and gave the company a “buy” rating in a research report on Friday, April 26th. Oppenheimer upped their target price on TransUnion from $81.00 to $90.00 and gave the company an “outperform” rating in a research report on Tuesday, April 9th. Robert W. Baird upped their target price on TransUnion from $87.00 to $94.00 and gave the company an “outperform” rating in a research report on Friday, April 26th. Needham & Company LLC upped their target price on TransUnion from $87.00 to $89.00 and gave the company a “buy” rating in a research report on Thursday, April 25th. Finally, Bank of America raised TransUnion from a “neutral” rating to a “buy” rating and set a $92.00 price objective on the stock in a report on Thursday. Five analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $83.73.

Insiders Place Their Bets

In other TransUnion news, insider Steven M. Chaouki sold 1,775 shares of the stock in a transaction that occurred on Monday, April 1st. The stock was sold at an average price of $81.30, for a total transaction of $144,307.50. Following the transaction, the insider now owns 75,099 shares in the company, valued at $6,105,548.70. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, insider Steven M. Chaouki sold 1,775 shares of the firm’s stock in a transaction that occurred on Monday, April 1st. The stock was sold at an average price of $81.30, for a total value of $144,307.50. Following the transaction, the insider now owns 75,099 shares in the company, valued at $6,105,548.70. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Heather J. Russell sold 7,000 shares of the firm’s stock in a transaction that occurred on Friday, June 14th. The shares were sold at an average price of $73.10, for a total value of $511,700.00. Following the completion of the transaction, the executive vice president now owns 32,744 shares in the company, valued at approximately $2,393,586.40. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 10,551 shares of company stock worth $783,880. 0.22% of the stock is owned by corporate insiders.

TransUnion Stock Up 2.9 %

Shares of TRU opened at $73.40 on Friday. TransUnion has a 52 week low of $42.09 and a 52 week high of $82.75. The company has a quick ratio of 1.65, a current ratio of 1.65 and a debt-to-equity ratio of 1.26. The company has a market capitalization of $14.25 billion, a price-to-earnings ratio of -51.33, a PEG ratio of 1.43 and a beta of 1.62. The stock’s 50-day moving average price is $74.02 and its 200-day moving average price is $72.83.

TransUnion (NYSE:TRU) last issued its earnings results on Thursday, April 25th. The business services provider reported $0.83 EPS for the quarter, topping analysts’ consensus estimates of $0.71 by $0.12. The firm had revenue of $1.02 billion for the quarter, compared to the consensus estimate of $977.62 million. TransUnion had a positive return on equity of 14.26% and a negative net margin of 7.02%. On average, sell-side analysts predict that TransUnion will post 3.42 EPS for the current year.

TransUnion Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 3rd. Shareholders of record on Friday, May 17th were given a dividend of $0.105 per share. The ex-dividend date of this dividend was Thursday, May 16th. This represents a $0.42 dividend on an annualized basis and a yield of 0.57%. TransUnion’s dividend payout ratio is currently -29.37%.

TransUnion Company 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.