MML Investors Services LLC Invests $623,000 in TransUnion (NYSE:TRU)

MML Investors Services LLC acquired a new stake in TransUnion (NYSE:TRU) during the 3rd quarter, HoldingsChannel reports. The firm acquired 5,946 shares of the business services provider’s stock, valued at approximately $623,000.

Several other institutional investors and hedge funds have also bought and sold shares of TRU. AMG National Trust Bank bought a new stake in shares of TransUnion in the second quarter valued at $202,000. Amica Mutual Insurance Co. raised its stake in TransUnion by 7.2% in the 2nd quarter. Amica Mutual Insurance Co. now owns 12,355 shares of the business services provider’s stock valued at $916,000 after acquiring an additional 825 shares during the period. Verdence Capital Advisors LLC lifted its holdings in TransUnion by 3.6% during the second quarter. Verdence Capital Advisors LLC now owns 43,409 shares of the business services provider’s stock valued at $3,219,000 after purchasing an additional 1,493 shares during the last quarter. AustralianSuper Pty Ltd boosted its position in TransUnion by 61.1% during the second quarter. AustralianSuper Pty Ltd now owns 6,841 shares of the business services provider’s stock worth $507,000 after purchasing an additional 2,595 shares during the period. Finally, Zevin Asset Management LLC increased its stake in shares of TransUnion by 2.6% in the second quarter. Zevin Asset Management LLC now owns 98,541 shares of the business services provider’s stock worth $7,308,000 after purchasing an additional 2,496 shares in the last quarter.

Insider Buying and Selling at TransUnion

In other news, EVP Timothy J. Martin sold 2,500 shares of TransUnion stock in a transaction dated Tuesday, October 1st. The stock was sold at an average price of $104.59, for a total value of $261,475.00. Following the transaction, the executive vice president now owns 46,739 shares in the company, valued at approximately $4,888,432.01. The trade was a 5.08 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Steven M. Chaouki sold 1,500 shares of the stock in a transaction dated Friday, November 8th. The shares were sold at an average price of $105.66, for a total value of $158,490.00. Following the sale, the insider now owns 62,988 shares of the company’s stock, valued at $6,655,312.08. This represents a 2.33 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 20,590 shares of company stock worth $2,084,633 over the last ninety days. Insiders own 0.22% of the company’s stock.

TransUnion Stock Performance

TransUnion stock opened at $95.11 on Friday. TransUnion has a fifty-two week low of $63.03 and a fifty-two week high of $113.17. The firm’s fifty day moving average price is $101.40 and its 200-day moving average price is $92.86. The stock has a market cap of $18.54 billion, a P/E ratio of 82.71, a price-to-earnings-growth ratio of 1.37 and a beta of 1.60. 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 issued its quarterly earnings results on Wednesday, October 23rd. The business services provider reported $1.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.01 by $0.03. TransUnion had a return on equity of 15.38% and a net margin of 5.47%. The firm had revenue of $1.09 billion during the quarter, compared to analyst estimates of $1.06 billion. During the same quarter in the previous year, the company posted $0.80 earnings per share. The company’s revenue was up 12.0% compared to the same quarter last year. On average, equities research analysts expect that TransUnion will post 3.44 earnings per share for the current fiscal year.

TransUnion Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, December 9th. Shareholders of record on Friday, November 22nd were given a dividend of $0.105 per share. This represents a $0.42 dividend on an annualized basis and a yield of 0.44%. The ex-dividend date was Friday, November 22nd. TransUnion’s payout ratio is currently 36.52%.

Wall Street Analyst Weigh In

A number of analysts recently commented on TRU shares. Needham & Company LLC restated a “hold” rating on shares of TransUnion in a research note on Thursday, October 24th. The Goldman Sachs Group lifted their price target on TransUnion from $97.00 to $109.00 and gave the company a “neutral” rating in a research report on Wednesday, October 2nd. Wells Fargo & Company boosted their price objective on TransUnion from $125.00 to $135.00 and gave the company an “overweight” rating in a research note on Thursday, October 24th. Wolfe Research upgraded TransUnion from a “peer perform” rating to an “outperform” rating and set a $130.00 target price for the company in a research note on Thursday, October 10th. Finally, Barclays upped their price target on TransUnion from $80.00 to $105.00 and gave the company an “equal weight” rating in a research report on Friday, September 13th. Seven analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $107.06.

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.