Quest Partners LLC Purchases 1,002 Shares of TransUnion (NYSE:TRU)

Quest Partners LLC increased its position in TransUnion (NYSE:TRU) by 45.5% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,204 shares of the business services provider’s stock after buying an additional 1,002 shares during the quarter. Quest Partners LLC’s holdings in TransUnion were worth $335,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in TRU. Huntington National Bank boosted its position in TransUnion by 84.5% during the third quarter. Huntington National Bank now owns 286 shares of the business services provider’s stock valued at $30,000 after buying an additional 131 shares during the period. Quarry LP boosted its stake in shares of TransUnion by 963.0% during the second quarter. Quarry LP now owns 574 shares of the business services provider’s stock valued at $43,000 after purchasing an additional 520 shares during the period. National Bank of Canada FI boosted its stake 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 valued at $66,000 after purchasing an additional 166 shares during the period. Blue Trust Inc. grew its holdings in shares of TransUnion by 156.6% in 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 during the last quarter. Finally, Ridgewood Investments LLC purchased a new position in shares of TransUnion in the second quarter worth $75,000.

Insider Buying and Selling

In other TransUnion news, insider Steven M. Chaouki sold 1,500 shares of TransUnion stock in a transaction on Friday, November 8th. The stock was sold at an average price of $105.66, for a total value of $158,490.00. Following the completion of the sale, the insider now owns 62,988 shares of the company’s stock, valued at approximately $6,655,312.08. This trade represents a 2.33 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Heather J. Russell sold 3,173 shares of the business’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 transaction, the executive vice president now owns 19,926 shares of the company’s stock, valued at $1,904,527.08. This represents a 13.74 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 11,078 shares of company stock worth $1,096,725 in the last quarter. Corporate insiders own 0.28% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the stock. Robert W. Baird raised their price target on shares of TransUnion from $104.00 to $130.00 and gave the stock an “outperform” rating in a report on Thursday, October 24th. Oppenheimer cut their target price on TransUnion from $122.00 to $115.00 and set an “outperform” rating on the stock in a research note on Wednesday, November 20th. Royal Bank of Canada reaffirmed an “outperform” rating and set a $121.00 price target on shares of TransUnion in a research report on Thursday, October 24th. Stifel Nicolaus lifted their price objective on TransUnion from $103.00 to $120.00 and gave the stock a “buy” rating in a research report on Thursday, October 24th. Finally, UBS Group started coverage on shares of TransUnion in a report on Tuesday, October 1st. They issued a “neutral” rating and a $110.00 price target on the stock. Seven analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $106.38.

TransUnion Price Performance

Shares of NYSE TRU opened at $102.37 on Tuesday. The company has a 50 day simple moving average of $103.67 and a two-hundred day simple moving average of $89.77. TransUnion has a fifty-two week low of $56.85 and a fifty-two week high of $113.17. The company has a market capitalization of $19.95 billion, a price-to-earnings ratio of 89.03, a P/E/G ratio of 1.37 and a beta of 1.62. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.68 and a current ratio of 1.68.

TransUnion (NYSE:TRU) last posted its quarterly earnings results on Wednesday, October 23rd. The business services provider reported $1.04 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.03. The company had revenue of $1.09 billion for the quarter, compared to the consensus estimate of $1.06 billion. TransUnion had a return on equity of 15.38% and a net margin of 5.47%. The firm’s quarterly revenue was up 12.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.80 EPS. Analysts expect that TransUnion will post 3.46 EPS for the current fiscal year.

TransUnion Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, December 9th. Stockholders of record on Friday, November 22nd will be given a $0.105 dividend. This represents a $0.42 annualized dividend and a dividend yield of 0.41%. The ex-dividend date of this dividend is Friday, November 22nd. TransUnion’s dividend payout ratio is presently 36.52%.

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.