Thrivent Financial for Lutherans Has $18.60 Million Stake in TransUnion (NYSE:TRU)

Thrivent Financial for Lutherans decreased its position in shares of TransUnion (NYSE:TRU) by 3.4% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 250,810 shares of the business services provider’s stock after selling 8,817 shares during the period. Thrivent Financial for Lutherans owned 0.13% of TransUnion worth $18,600,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the stock. Larson Financial Group LLC grew its stake in TransUnion by 237.5% during the first quarter. Larson Financial Group LLC now owns 486 shares of the business services provider’s stock worth $39,000 after buying an additional 342 shares during the last quarter. GAMMA Investing LLC lifted its position in shares of TransUnion by 32.9% during the first quarter. GAMMA Investing LLC now owns 573 shares of the business services provider’s stock worth $46,000 after purchasing an additional 142 shares in the last quarter. Blue Trust Inc. lifted its position 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 worth $68,000 after purchasing an additional 523 shares in the last quarter. National Bank of Canada FI lifted its position in shares of TransUnion by 22.3% during the second quarter. National Bank of Canada FI now owns 910 shares of the business services provider’s stock worth $66,000 after purchasing an additional 166 shares in the last quarter. Finally, Ridgewood Investments LLC acquired a new position in shares of TransUnion during the second quarter worth approximately $75,000.

TransUnion Stock Up 0.9 %

TransUnion stock opened at $105.99 on Wednesday. TransUnion has a 1-year low of $42.09 and a 1-year high of $106.67. The firm has a market capitalization of $20.58 billion, a price-to-earnings ratio of -74.12, a price-to-earnings-growth ratio of 1.35 and a beta of 1.62. The firm’s fifty day moving average price is $92.00 and its two-hundred day moving average price is $81.40. The company has a current ratio of 1.66, a quick ratio of 1.66 and a debt-to-equity ratio of 1.22.

TransUnion (NYSE:TRU) last announced 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. The company had revenue of $1.04 billion during the quarter, compared to the consensus estimate of $1.02 billion. TransUnion had a negative net margin of 6.11% and a positive return on equity of 15.03%. The firm’s revenue for the quarter was up 7.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.76 earnings per share. On average, equities research analysts predict that TransUnion will post 3.44 earnings per share for the current fiscal year.

TransUnion Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 9th. Investors of record on Friday, August 23rd were issued a dividend of $0.105 per share. The ex-dividend date was Friday, August 23rd. This represents a $0.42 dividend on an annualized basis and a yield of 0.40%. TransUnion’s dividend payout ratio (DPR) is presently -29.37%.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the stock. Wells Fargo & Company upgraded shares of TransUnion to a “strong-buy” rating in a report on Tuesday, August 13th. Needham & Company LLC lowered shares of TransUnion from a “buy” rating to a “hold” rating in a report on Wednesday, August 28th. Bank of America upgraded shares of TransUnion from a “neutral” rating to a “buy” rating and set a $92.00 price objective on the stock in a report on Thursday, June 20th. Morgan Stanley increased their price objective on shares of TransUnion from $96.00 to $103.00 and gave the company an “overweight” rating in a report on Thursday, September 12th. Finally, Barclays increased their price objective on shares of TransUnion from $80.00 to $105.00 and gave the company an “equal weight” rating in a report on Friday, September 13th. Seven analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $92.00.

Insider Buying and Selling

In related news, CFO Todd M. Cello sold 12,865 shares of the firm’s stock in a transaction dated Friday, July 12th. The shares were sold at an average price of $80.00, for a total transaction of $1,029,200.00. Following the completion of the sale, the chief financial officer now owns 101,426 shares in the company, valued at $8,114,080. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In other news, EVP Timothy J. Martin sold 2,500 shares of the business’s stock in a transaction that occurred on Tuesday, September 3rd. The shares were sold at an average price of $95.65, for a total value of $239,125.00. Following the completion of the sale, the executive vice president now directly owns 49,239 shares in the company, valued at approximately $4,709,710.35. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Todd M. Cello sold 12,865 shares of TransUnion stock in a transaction on Friday, July 12th. The stock was sold at an average price of $80.00, for a total transaction of $1,029,200.00. Following the completion of the transaction, the chief financial officer now directly owns 101,426 shares in the company, valued at $8,114,080. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 25,080 shares of company stock worth $2,141,724. Insiders own 0.22% 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.