TransUnion (NYSE:TRU) Shares Bought by Larson Financial Group LLC

Larson Financial Group LLC grew its position in shares of TransUnion (NYSE:TRU) by 410.9% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,483 shares of the business services provider’s stock after acquiring an additional 1,997 shares during the quarter. Larson Financial Group LLC’s holdings in TransUnion were worth $184,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of TRU. New York Life Investment Management LLC boosted its position in shares of TransUnion by 13.6% in the fourth quarter. New York Life Investment Management LLC now owns 3,376 shares of the business services provider’s stock worth $232,000 after buying an additional 404 shares during the period. Amalgamated Bank boosted its position in shares of TransUnion by 23.5% in the fourth quarter. Amalgamated Bank now owns 23,042 shares of the business services provider’s stock worth $1,583,000 after buying an additional 4,387 shares during the period. Charles Schwab Investment Management Inc. boosted its position in shares of TransUnion by 1.4% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 632,867 shares of the business services provider’s stock worth $43,484,000 after buying an additional 8,859 shares during the period. BNP Paribas Financial Markets boosted its position in shares of TransUnion by 69.4% in the fourth quarter. BNP Paribas Financial Markets now owns 99,829 shares of the business services provider’s stock worth $6,859,000 after buying an additional 40,893 shares during the period. Finally, Dimensional Fund Advisors LP boosted its holdings in TransUnion by 17.7% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,291,391 shares of the business services provider’s stock valued at $88,735,000 after purchasing an additional 194,592 shares during the last quarter.

TransUnion Stock Down 1.4 %

TRU opened at $94.18 on Friday. TransUnion has a 12 month low of $42.09 and a 12 month high of $99.00. The company has a debt-to-equity ratio of 1.22, a current ratio of 1.66 and a quick ratio of 1.66. The stock has a market cap of $18.30 billion, a P/E ratio of -65.86, a P/E/G ratio of 1.40 and a beta of 1.62. The stock’s 50 day moving average price is $86.27 and its 200 day moving average price is $79.36.

TransUnion (NYSE:TRU) last posted its earnings results on Thursday, July 25th. The business services provider reported $0.99 EPS for the quarter, beating the consensus estimate of $0.86 by $0.13. TransUnion had a positive return on equity of 15.03% and a negative net margin of 6.11%. The firm had revenue of $1.04 billion for the quarter, compared to analysts’ expectations of $1.02 billion. During the same period last year, the firm earned $0.76 EPS. The firm’s revenue was up 7.5% compared to the same quarter last year. As a group, research analysts predict that TransUnion will post 3.44 earnings per share for the current year.

TransUnion Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, September 9th. Investors of record on Friday, August 23rd will be given a $0.105 dividend. This represents a $0.42 annualized dividend and a yield of 0.45%. The ex-dividend date is Friday, August 23rd. TransUnion’s dividend payout ratio is currently -29.37%.

Wall Street Analyst Weigh In

A number of research analysts recently commented on TRU shares. Needham & Company LLC downgraded TransUnion from a “buy” rating to a “hold” rating in a report on Wednesday, August 28th. Barclays upped their price objective on TransUnion from $75.00 to $80.00 and gave the company an “equal weight” rating in a research note on Friday, July 26th. Oppenheimer upped their price objective on TransUnion from $90.00 to $97.00 and gave the company an “outperform” rating in a research note on Friday, July 26th. Wolfe Research assumed coverage on TransUnion in a research note on Tuesday, July 9th. They set a “peer perform” rating on the stock. Finally, The Goldman Sachs Group increased their price target on TransUnion from $87.00 to $97.00 and gave the stock a “neutral” rating in a research report on Tuesday, August 20th. Seven equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $89.47.

Insider Activity at TransUnion

In other TransUnion news, insider Steven M. Chaouki sold 1,000 shares of the stock in a transaction on Tuesday, September 3rd. The stock was sold at an average price of $95.65, for a total transaction of $95,650.00. Following the completion of the transaction, the insider now directly owns 64,488 shares of the company’s stock, valued at approximately $6,168,277.20. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. In other TransUnion news, EVP Heather J. Russell sold 7,000 shares of the stock in a transaction on Friday, June 14th. The stock was sold at an average price of $73.10, for a total transaction of $511,700.00. Following the completion of the transaction, the executive vice president now directly owns 32,744 shares of the company’s stock, valued at approximately $2,393,586.40. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Steven M. Chaouki sold 1,000 shares of the 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 directly owns 64,488 shares of the company’s stock, valued at $6,168,277.20. The disclosure for this sale can be found here. Insiders have sold a total of 39,200 shares of company stock worth $3,176,957 in the last three months. 0.22% of the stock is owned by company insiders.

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.