Nordea Investment Management AB Acquires 982 Shares of TransUnion (NYSE:TRU)

Nordea Investment Management AB increased its holdings in shares of TransUnion (NYSE:TRU) by 6.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 15,146 shares of the business services provider’s stock after acquiring an additional 982 shares during the quarter. Nordea Investment Management AB’s holdings in TransUnion were worth $1,412,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the business. Everence Capital Management Inc. bought a new stake in TransUnion during the fourth quarter worth $251,000. GAMMA Investing LLC raised its stake in shares of TransUnion by 14.4% in the fourth quarter. GAMMA Investing LLC now owns 1,094 shares of the business services provider’s stock valued at $101,000 after buying an additional 138 shares during the period. Versant Capital Management Inc raised its stake in shares of TransUnion by 82.1% in the fourth quarter. Versant Capital Management Inc now owns 428 shares of the business services provider’s stock valued at $40,000 after buying an additional 193 shares during the period. Principal Financial Group Inc. raised its stake in shares of TransUnion by 1,428.4% in the third quarter. Principal Financial Group Inc. now owns 226,771 shares of the business services provider’s stock valued at $23,743,000 after buying an additional 211,934 shares during the period. Finally, American Trust bought a new stake in shares of TransUnion in the third quarter valued at $242,000.

Insiders Place Their Bets

In other TransUnion news, 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 transaction of $1,200,000.00. Following the completion of the sale, the director now owns 27,026 shares of the company’s stock, valued at $2,702,600. The trade was a 30.75 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Steven M. Chaouki sold 1,500 shares of TransUnion stock in a transaction dated Friday, November 8th. The stock was sold at an average price of $105.66, for a total value of $158,490.00. Following the sale, the insider now directly 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 disclosure for this sale can be found here. Insiders sold a total of 19,090 shares of company stock valued at $1,916,758 over the last 90 days. Insiders own 0.22% of the company’s stock.

TransUnion Price Performance

TransUnion stock opened at $86.55 on Monday. TransUnion has a 52 week low of $66.07 and a 52 week high of $113.17. The business has a 50-day simple moving average of $97.55 and a 200 day simple moving average of $94.89. The company has a quick ratio of 1.68, a current ratio of 1.68 and a debt-to-equity ratio of 1.19. The stock has a market cap of $16.87 billion, a price-to-earnings ratio of 75.26, a PEG ratio of 1.37 and a beta of 1.62.

TransUnion (NYSE:TRU) last posted its earnings results on Wednesday, October 23rd. The business services provider reported $1.04 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 business had revenue of $1.09 billion during the quarter, compared to analysts’ expectations of $1.06 billion. During the same period in the previous year, the business earned $0.80 earnings per share. The firm’s revenue was up 12.0% on a year-over-year basis. On average, research analysts forecast that TransUnion will post 3.44 earnings per share for the current fiscal year.

TransUnion Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 9th. Shareholders of record on Friday, November 22nd were paid a dividend of $0.105 per share. This represents a $0.42 annualized dividend and a yield of 0.49%. The ex-dividend date of this dividend was Friday, November 22nd. TransUnion’s dividend payout ratio (DPR) is currently 36.52%.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on TRU shares. Oppenheimer lowered their target price on TransUnion from $115.00 to $112.00 and set an “outperform” rating on the stock in a research note on Tuesday, January 7th. Stifel Nicolaus boosted their target price on TransUnion from $103.00 to $120.00 and gave the company a “buy” rating in a research note on Thursday, October 24th. Royal Bank of Canada restated an “outperform” rating and issued a $121.00 target price on shares of TransUnion in a research note on Thursday, October 24th. Morgan Stanley boosted their target price on TransUnion from $119.00 to $130.00 and gave the company an “overweight” rating in a research note on Thursday, December 12th. Finally, 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. Seven analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. According to data from MarketBeat, TransUnion currently has a consensus rating of “Moderate Buy” and an average target price of $106.31.

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.