Greenleaf Trust Purchases Shares of 13,103 TransUnion (NYSE:TRU)

Greenleaf Trust purchased a new stake in TransUnion (NYSE:TRU) during the third quarter, Holdings Channel.com reports. The institutional investor purchased 13,103 shares of the business services provider’s stock, valued at approximately $1,372,000.

Other institutional investors have also recently made changes to their positions in the company. Massachusetts Financial Services Co. MA lifted its stake in shares of TransUnion by 32.2% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 16,339,762 shares of the business services provider’s stock valued at $1,211,757,000 after purchasing an additional 3,977,595 shares during the period. Price T Rowe Associates Inc. MD lifted its stake in shares of TransUnion by 51.8% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 6,755,729 shares of the business services provider’s stock valued at $539,108,000 after purchasing an additional 2,306,596 shares during the period. Van ECK Associates Corp lifted its stake in shares of TransUnion by 12.1% in the 1st quarter. Van ECK Associates Corp now owns 5,316,891 shares of the business services provider’s stock valued at $424,288,000 after purchasing an additional 572,121 shares during the period. Meritage Group LP lifted its stake in shares of TransUnion by 2.3% in the 1st quarter. Meritage Group LP now owns 5,147,510 shares of the business services provider’s stock valued at $410,771,000 after purchasing an additional 117,086 shares during the period. Finally, Bessemer Group Inc. lifted its stake in shares of TransUnion by 2.3% in the 1st quarter. Bessemer Group Inc. now owns 4,566,864 shares of the business services provider’s stock valued at $364,436,000 after purchasing an additional 102,841 shares during the period.

TransUnion Stock Down 1.9 %

TRU stock opened at $106.64 on Friday. TransUnion has a twelve month low of $42.09 and a twelve month high of $113.17. The company has a quick ratio of 1.66, a current ratio of 1.66 and a debt-to-equity ratio of 1.22. The stock’s 50 day moving average is $101.36 and its 200-day moving average is $85.52. The firm has a market capitalization of $20.71 billion, a PE ratio of -74.57, a P/E/G ratio of 1.38 and a beta of 1.62.

TransUnion (NYSE:TRU) last issued its quarterly earnings results on Wednesday, October 23rd. The business services provider reported $1.04 EPS for the quarter, beating analysts’ consensus estimates of $1.01 by $0.03. The company had revenue of $1.09 billion during the quarter, compared to the consensus estimate of $1.06 billion. TransUnion had a positive return on equity of 15.03% and a negative net margin of 6.11%. TransUnion’s revenue was up 12.0% on a year-over-year basis. During the same period last year, the business posted $0.80 earnings per share. Sell-side analysts expect that TransUnion will post 3.46 EPS for the current fiscal year.

TransUnion Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, September 9th. Investors of record on Friday, August 23rd were given a dividend of $0.105 per share. This represents a $0.42 dividend on an annualized basis and a dividend yield of 0.39%. The ex-dividend date was Friday, August 23rd. TransUnion’s payout ratio is -29.37%.

Insider Activity at TransUnion

In related news, EVP Heather J. Russell sold 3,173 shares of the stock in a transaction that occurred on Thursday, August 29th. The stock was sold at an average price of $95.58, for a total transaction of $303,275.34. Following the completion of the sale, the executive vice president now directly owns 19,926 shares of the company’s stock, valued at approximately $1,904,527.08. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. In other TransUnion news, EVP Heather J. Russell sold 3,173 shares of the firm’s stock in a transaction on Thursday, August 29th. The stock was sold at an average price of $95.58, for a total value of $303,275.34. Following the completion of the sale, the executive vice president now directly owns 19,926 shares of the company’s stock, valued at $1,904,527.08. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Timothy J. Martin sold 2,500 shares of the firm’s stock in a transaction on Tuesday, October 1st. The stock was sold at an average price of $104.59, for a total value of $261,475.00. Following the completion of the sale, the executive vice president now directly owns 46,739 shares of the company’s stock, valued at $4,888,432.01. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 13,715 shares of company stock valued at $1,299,729. 0.22% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on TRU. Stifel Nicolaus boosted their price objective on TransUnion from $103.00 to $120.00 and gave the company a “buy” rating in a research note on Thursday. Morgan Stanley boosted their price objective on TransUnion from $103.00 to $119.00 and gave the company an “overweight” rating in a research note on Thursday. Robert W. Baird upped their price target on TransUnion from $104.00 to $130.00 and gave the stock an “outperform” rating in a research note on Thursday. Wells Fargo & Company upped their price target on TransUnion from $125.00 to $135.00 and gave the stock an “overweight” rating in a research note on Thursday. Finally, Barclays upped their price target on TransUnion from $80.00 to $105.00 and gave the stock an “equal weight” rating in a research note on Friday, September 13th. Seven analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $104.53.

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.