4,479 Shares in TransUnion (NYSE:TRU) Bought by SG Americas Securities LLC

SG Americas Securities LLC acquired a new position in TransUnion (NYSE:TRU) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 4,479 shares of the business services provider’s stock, valued at approximately $469,000.

A number of other large investors have also recently bought and sold shares of the business. Vanguard Group Inc. lifted its position in TransUnion by 1.3% during the 4th quarter. Vanguard Group Inc. now owns 17,910,715 shares of the business services provider’s stock worth $1,230,645,000 after acquiring an additional 234,123 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its position in TransUnion by 32.2% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 16,339,762 shares of the business services provider’s stock worth $1,211,757,000 after acquiring an additional 3,977,595 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its position in TransUnion by 51.8% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 6,755,729 shares of the business services provider’s stock worth $539,108,000 after acquiring an additional 2,306,596 shares during the last quarter. Van ECK Associates Corp lifted its position in TransUnion by 12.1% during the 1st quarter. Van ECK Associates Corp now owns 5,316,891 shares of the business services provider’s stock worth $424,288,000 after acquiring an additional 572,121 shares during the last quarter. Finally, Meritage Group LP lifted its position in TransUnion by 2.3% during the 1st quarter. Meritage Group LP now owns 5,147,510 shares of the business services provider’s stock worth $410,771,000 after acquiring an additional 117,086 shares during the last quarter.

Insider Activity

In related news, EVP Timothy J. Martin sold 2,500 shares of the stock in a transaction that occurred on Tuesday, October 1st. The stock was sold at an average price of $104.59, for a total transaction of $261,475.00. Following the sale, the executive vice president now directly owns 46,739 shares in the company, valued at $4,888,432.01. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, insider Todd C. Skinner sold 2,900 shares of the company’s stock in a transaction dated Thursday, August 8th. The shares were sold at an average price of $85.58, for a total transaction of $248,182.00. Following the transaction, the insider now owns 27,729 shares in the company, valued at $2,373,047.82. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Timothy J. Martin sold 2,500 shares of the stock in a transaction dated Tuesday, October 1st. The stock was sold at an average price of $104.59, for a total transaction of $261,475.00. Following the sale, the executive vice president now directly owns 46,739 shares in the company, valued at approximately $4,888,432.01. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 13,715 shares of company stock worth $1,299,729. Insiders own 0.28% of the company’s stock.

TransUnion Trading Down 1.0 %

NYSE TRU opened at $106.58 on Thursday. The company’s 50-day simple moving average is $98.60 and its 200 day simple moving average is $84.18. TransUnion has a twelve month low of $42.09 and a twelve month high of $108.56. The company has a debt-to-equity ratio of 1.22, a current ratio of 1.66 and a quick ratio of 1.66.

TransUnion (NYSE:TRU) last posted its earnings results on Thursday, July 25th. The business services provider reported $0.99 earnings per share for the quarter, beating analysts’ consensus estimates of $0.86 by $0.13. The business had revenue of $1.04 billion for the quarter, compared to analysts’ expectations 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 previous year, the firm posted $0.76 earnings per share. As a group, analysts predict that TransUnion will post 3.45 earnings per share for the current fiscal year.

TransUnion Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 9th. Stockholders of record on Friday, August 23rd were issued a dividend of $0.105 per share. This represents a $0.42 annualized dividend and a dividend yield of 0.39%. The ex-dividend date of this dividend was Friday, August 23rd. TransUnion’s payout ratio is -33.07%.

Analysts Set New Price Targets

A number of research analysts have weighed in on TRU shares. Wells Fargo & Company boosted their target price on shares of TransUnion from $100.00 to $125.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 2nd. Barclays upped their price objective on shares of TransUnion from $80.00 to $105.00 and gave the company an “equal weight” rating in a research report on Friday, September 13th. Royal Bank of Canada upped their price objective on shares of TransUnion from $85.00 to $106.00 and gave the company an “outperform” rating in a research report on Friday, July 26th. Needham & Company LLC lowered shares of TransUnion from a “buy” rating to a “hold” rating in a research report on Wednesday, August 28th. Finally, Robert W. Baird upped their price objective on shares of TransUnion from $94.00 to $104.00 and gave the company an “outperform” rating in a research report on Friday, July 26th. Seven equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $98.71.

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.