IFM Investors Pty Ltd Decreases Stock Position in TransUnion (NYSE:TRU)

IFM Investors Pty Ltd decreased its position in shares of TransUnion (NYSE:TRU) by 2.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 43,589 shares of the business services provider’s stock after selling 1,061 shares during the period. IFM Investors Pty Ltd’s holdings in TransUnion were worth $4,564,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Signaturefd LLC grew its stake in shares of TransUnion by 15.0% during the third quarter. Signaturefd LLC now owns 788 shares of the business services provider’s stock valued at $83,000 after acquiring an additional 103 shares in the last quarter. Elo Mutual Pension Insurance Co grew its stake in TransUnion by 0.7% during the 2nd quarter. Elo Mutual Pension Insurance Co now owns 17,822 shares of the business services provider’s stock valued at $1,322,000 after purchasing an additional 123 shares in the last quarter. V Square Quantitative Management LLC increased its holdings in TransUnion by 6.4% during the 2nd quarter. V Square Quantitative Management LLC now owns 2,762 shares of the business services provider’s stock worth $205,000 after purchasing an additional 165 shares during the last quarter. National Bank of Canada FI raised its position 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 valued at $66,000 after purchasing an additional 166 shares in the last quarter. Finally, OLD National Bancorp IN raised its position in shares of TransUnion by 5.8% in the 2nd quarter. OLD National Bancorp IN now owns 4,599 shares of the business services provider’s stock valued at $341,000 after purchasing an additional 254 shares in the last quarter.

TransUnion Stock Down 2.9 %

TRU stock opened at $103.59 on Friday. The stock has a market cap of $20.12 billion, a PE ratio of -72.44, a price-to-earnings-growth ratio of 1.38 and a beta of 1.62. The firm’s 50-day simple moving average is $101.57 and its 200 day simple moving average is $85.73. TransUnion has a fifty-two week low of $42.09 and a fifty-two week high of $113.17. The company has a quick ratio of 1.66, a current ratio of 1.66 and a debt-to-equity ratio of 1.22.

TransUnion (NYSE:TRU) last announced its quarterly earnings results on Wednesday, October 23rd. The business services provider reported $1.04 EPS for the quarter, beating the consensus estimate of $1.01 by $0.03. The company had revenue of $1.09 billion for the quarter, compared to analyst estimates of $1.06 billion. TransUnion had a negative net margin of 6.11% and a positive return on equity of 15.03%. TransUnion’s revenue was up 12.0% compared to the same quarter last year. During the same quarter last year, the business earned $0.80 earnings per share. As a group, sell-side analysts predict that TransUnion will post 3.46 EPS for the current year.

TransUnion Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, September 9th. Shareholders of record on Friday, August 23rd were given a dividend of $0.105 per share. The ex-dividend date of this dividend was Friday, August 23rd. This represents a $0.42 dividend on an annualized basis and a yield of 0.41%. TransUnion’s dividend payout ratio (DPR) is presently -29.37%.

Insider Transactions at TransUnion

In related news, EVP Timothy J. Martin sold 2,500 shares of TransUnion stock in a transaction dated Tuesday, October 1st. The shares were sold at an average price of $104.59, for a total transaction of $261,475.00. Following the sale, the executive vice president now directly owns 46,739 shares in the company, valued at $4,888,432.01. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In related news, EVP Timothy J. Martin sold 2,500 shares of the firm’s stock in a transaction that occurred on Tuesday, October 1st. The shares were sold at an average price of $104.59, for a total transaction of $261,475.00. Following the transaction, the executive vice president now owns 46,739 shares in the company, valued at $4,888,432.01. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Heather J. Russell sold 3,173 shares of the company’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 value of $303,275.34. Following the completion of the sale, the executive vice president now owns 19,926 shares of the company’s stock, valued at $1,904,527.08. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 13,715 shares of company stock valued at $1,299,729. 0.22% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the stock. Robert W. Baird lifted their price target on shares of TransUnion from $104.00 to $130.00 and gave the stock an “outperform” rating in a research note on Thursday. Wells Fargo & Company upped their target price on shares of TransUnion from $125.00 to $135.00 and gave the company an “overweight” rating in a research note on Thursday. Oppenheimer increased their price target on shares of TransUnion from $118.00 to $122.00 and gave the stock an “outperform” rating in a research report on Thursday. Morgan Stanley boosted their price objective on TransUnion from $103.00 to $119.00 and gave the company an “overweight” rating in a report on Thursday. Finally, Needham & Company LLC reaffirmed a “hold” rating on shares of TransUnion in a report on Thursday. Seven equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. According to data from MarketBeat.com, TransUnion presently has an average rating of “Moderate Buy” and an average price target of $104.53.

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.