Los Angeles Capital Management LLC Buys New Position in TransUnion (NYSE:TRU)

Los Angeles Capital Management LLC purchased a new position in shares of TransUnion (NYSE:TRU) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,574 shares of the business services provider’s stock, valued at approximately $269,000.

Other hedge funds have also made changes to their positions in the company. Sei Investments Co. raised its stake in shares of TransUnion by 2.2% in the first quarter. Sei Investments Co. now owns 45,827 shares of the business services provider’s stock valued at $3,658,000 after acquiring an additional 975 shares in the last quarter. Mitsubishi UFJ Trust & Banking Corp boosted its stake in shares of TransUnion by 1.2% in the 1st quarter. Mitsubishi UFJ Trust & Banking Corp now owns 102,808 shares of the business services provider’s stock valued at $8,204,000 after buying an additional 1,170 shares during the period. O Shaughnessy Asset Management LLC grew its position in shares of TransUnion by 14.8% during the first quarter. O Shaughnessy Asset Management LLC now owns 4,196 shares of the business services provider’s stock worth $335,000 after buying an additional 542 shares in the last quarter. UniSuper Management Pty Ltd increased its stake in shares of TransUnion by 100.0% during the first quarter. UniSuper Management Pty Ltd now owns 2,800 shares of the business services provider’s stock worth $223,000 after buying an additional 1,400 shares during the period. Finally, CANADA LIFE ASSURANCE Co raised its holdings in TransUnion by 3.6% in the first quarter. CANADA LIFE ASSURANCE Co now owns 179,865 shares of the business services provider’s stock valued at $14,369,000 after acquiring an additional 6,270 shares in the last quarter.

Insider Buying and Selling

In other TransUnion news, CAO Jennifer A. Williams sold 405 shares of the business’s 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 $38,709.90. Following the transaction, the chief accounting officer now owns 7,186 shares in the company, valued at approximately $686,837.88. The trade was a 5.34 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Heather J. Russell sold 3,173 shares of the firm’s stock in a transaction that occurred on Thursday, August 29th. The shares were 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 represents a 13.74 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 11,315 shares of company stock valued at $1,119,897 over the last three months. 0.22% of the stock is currently owned by company insiders.

TransUnion Trading Up 1.3 %

Shares of TransUnion stock opened at $96.93 on Tuesday. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.68 and a current ratio of 1.68. The company has a market capitalization of $18.89 billion, a P/E ratio of 84.29, a PEG ratio of 1.30 and a beta of 1.62. TransUnion has a 1 year low of $56.85 and a 1 year high of $113.17. The company’s fifty day moving average is $103.65 and its two-hundred day moving average is $89.06.

TransUnion (NYSE:TRU) last released its quarterly earnings results 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. The firm had revenue of $1.09 billion for the quarter, compared to analyst estimates of $1.06 billion. TransUnion had a return on equity of 15.38% and a net margin of 5.47%. The business’s revenue was up 12.0% on a year-over-year basis. During the same quarter last year, the company posted $0.80 earnings per share. Analysts forecast that TransUnion will post 3.46 earnings per share for the current 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 paid a dividend of $0.105 per share. This represents a $0.42 annualized dividend and a dividend yield of 0.43%. The ex-dividend date of this dividend is Friday, November 22nd. TransUnion’s dividend payout ratio (DPR) is presently 36.52%.

Analysts Set New Price Targets

TRU has been the topic of a number of recent analyst reports. Barclays increased their price objective on shares of TransUnion from $80.00 to $105.00 and gave the company an “equal weight” rating in a research report on Friday, September 13th. Royal Bank of Canada restated an “outperform” rating and issued a $121.00 price target on shares of TransUnion in a research note on Thursday, October 24th. UBS Group began coverage on TransUnion in a research report on Tuesday, October 1st. They set a “neutral” rating and a $110.00 price objective for the company. Robert W. Baird raised their target price on TransUnion from $104.00 to $130.00 and gave the stock an “outperform” rating in a research report on Thursday, October 24th. Finally, The Goldman Sachs Group upped their price target on TransUnion from $97.00 to $109.00 and gave the company a “neutral” rating in a report on Wednesday, October 2nd. Seven investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $106.81.

About TransUnion

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.