BNP Paribas Financial Markets Boosts Holdings in TransUnion (NYSE:TRU)

BNP Paribas Financial Markets increased its position in TransUnion (NYSE:TRU) by 89.6% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 95,019 shares of the business services provider’s stock after purchasing an additional 44,916 shares during the period. BNP Paribas Financial Markets’ holdings in TransUnion were worth $9,948,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Huntington National Bank lifted its stake in shares of TransUnion by 84.5% in the third quarter. Huntington National Bank now owns 286 shares of the business services provider’s stock worth $30,000 after buying an additional 131 shares in the last quarter. Quarry LP boosted its stake in TransUnion by 963.0% during the 2nd 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 last quarter. National Bank of Canada FI increased its holdings in shares of TransUnion by 22.3% in the 2nd 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. Blue Trust Inc. raised its stake 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 bought a new position in shares of TransUnion during the second quarter valued at $75,000.

TransUnion Trading Up 0.5 %

TransUnion stock opened at $101.50 on Monday. TransUnion has a 12-month low of $57.80 and a 12-month high of $113.17. The firm has a market capitalization of $19.78 billion, a price-to-earnings ratio of 88.26, a P/E/G ratio of 1.41 and a beta of 1.62. The firm has a 50 day moving average of $103.54 and a 200 day moving average of $90.57. The company has a current ratio of 1.68, a quick ratio of 1.68 and a debt-to-equity ratio of 1.19.

TransUnion (NYSE:TRU) last announced its quarterly earnings data on Wednesday, October 23rd. The business services provider reported $1.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.01 by $0.03. TransUnion had a net margin of 5.47% and a return on equity of 15.38%. The firm had revenue of $1.09 billion during the quarter, compared to analysts’ expectations of $1.06 billion. During the same period in the prior year, the company posted $0.80 earnings per share. The company’s revenue for the quarter was up 12.0% 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 Announces Dividend

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

Insider Buying and Selling

In other news, insider Steven M. Chaouki sold 1,000 shares of the firm’s stock in a transaction dated 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 owns 64,488 shares in the company, valued at $6,168,277.20. This trade represents a 1.53 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director George M. Awad sold 12,000 shares of TransUnion stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $100.00, for a total value of $1,200,000.00. Following the completion of the sale, the director now directly owns 27,026 shares in the company, valued at $2,702,600. This trade represents a 30.75 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 19,500 shares of company stock worth $1,954,740. 0.22% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

TRU has been the subject of several research analyst reports. Needham & Company LLC reiterated a “hold” rating on shares of TransUnion in a report on Thursday, October 24th. Wolfe Research raised shares of TransUnion from a “peer perform” rating to an “outperform” rating and set a $130.00 price objective for the company in a report on Thursday, October 10th. Robert W. Baird raised their target price on shares of TransUnion from $104.00 to $130.00 and gave the stock an “outperform” rating in a report on Thursday, October 24th. Royal Bank of Canada reiterated an “outperform” rating and set a $121.00 target price on shares of TransUnion in a research note on Thursday, October 24th. Finally, Morgan Stanley raised their price target on TransUnion from $103.00 to $119.00 and gave the stock an “overweight” rating in a research note on Thursday, October 24th. 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 currently has a consensus rating of “Moderate Buy” and an average target price of $106.38.

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.