Atria Investments Inc Purchases 2,883 Shares of TransUnion (NYSE:TRU)

Atria Investments Inc increased its holdings in TransUnion (NYSE:TRU) by 28.0% during the 3rd quarter, Holdings Channel reports. The firm owned 13,193 shares of the business services provider’s stock after buying an additional 2,883 shares during the period. Atria Investments Inc’s holdings in TransUnion were worth $1,381,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Massachusetts Financial Services Co. MA increased its position in TransUnion by 32.2% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 16,339,762 shares of the business services provider’s stock valued at $1,211,757,000 after purchasing an additional 3,977,595 shares during the period. Price T Rowe Associates Inc. MD increased its position in shares of TransUnion by 51.8% during the first quarter. Price T Rowe Associates Inc. MD now owns 6,755,729 shares of the business services provider’s stock valued at $539,108,000 after buying an additional 2,306,596 shares during the period. Meritage Group LP raised its stake in TransUnion by 2.3% in the first quarter. Meritage Group LP now owns 5,147,510 shares of the business services provider’s stock worth $410,771,000 after buying an additional 117,086 shares in the last quarter. Bessemer Group Inc. lifted its holdings in TransUnion by 2.3% in the first quarter. Bessemer Group Inc. now owns 4,566,864 shares of the business services provider’s stock worth $364,436,000 after buying an additional 102,841 shares during the period. Finally, Victory Capital Management Inc. boosted its position in TransUnion by 24.1% during the 2nd quarter. Victory Capital Management Inc. now owns 3,468,854 shares of the business services provider’s stock valued at $257,250,000 after acquiring an additional 674,187 shares in the last quarter.

TransUnion Stock Performance

Shares of TRU opened at $95.66 on Friday. The company has a market cap of $18.64 billion, a price-to-earnings ratio of 83.18, a P/E/G ratio of 1.40 and a beta of 1.62. The business’s fifty day simple moving average is $103.65 and its two-hundred day simple moving average is $88.96. TransUnion has a 12 month low of $56.41 and a 12 month high of $113.17. 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 released its quarterly earnings data 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. TransUnion had a return on equity of 15.38% and a net margin of 5.47%. The company had revenue of $1.09 billion for the quarter, compared to analysts’ expectations of $1.06 billion. During the same period last year, the firm posted $0.80 earnings per share. TransUnion’s revenue was up 12.0% compared to the same quarter last year. Research analysts anticipate that TransUnion will post 3.46 earnings per share for the current fiscal year.

TransUnion Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 9th. Investors of record on Friday, November 22nd will be given a dividend of $0.105 per share. The ex-dividend date is Friday, November 22nd. This represents a $0.42 dividend on an annualized basis and a yield of 0.44%. TransUnion’s dividend payout ratio (DPR) is 36.52%.

Insider Buying and Selling

In other TransUnion news, CAO Jennifer A. Williams sold 405 shares of the stock in a transaction dated Thursday, August 29th. The stock was sold at an average price of $95.58, for a total value of $38,709.90. Following the transaction, the chief accounting officer now owns 7,186 shares of the company’s stock, valued at approximately $686,837.88. This represents a 5.34 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Heather J. Russell sold 3,173 shares of the business’s stock in a transaction dated Thursday, August 29th. The shares were sold at an average price of $95.58, for a total value of $303,275.34. Following the sale, the executive vice president now owns 19,926 shares of the company’s stock, valued at approximately $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. Over the last quarter, insiders have sold 11,315 shares of company stock worth $1,119,897. 0.22% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

TRU has been the subject of several research reports. Barclays increased their target price on TransUnion from $80.00 to $105.00 and gave the stock an “equal weight” rating in a research report on Friday, September 13th. The Goldman Sachs Group increased their price objective on TransUnion from $97.00 to $109.00 and gave the stock a “neutral” rating in a report on Wednesday, October 2nd. Wells Fargo & Company boosted their target price on shares of TransUnion from $125.00 to $135.00 and gave the company an “overweight” rating in a report on Thursday, October 24th. Stifel Nicolaus upped their target price on shares of TransUnion from $103.00 to $120.00 and gave the stock a “buy” rating in a research report on Thursday, October 24th. Finally, Robert W. Baird lifted their price target on shares of TransUnion from $104.00 to $130.00 and gave the company an “outperform” rating in a research report on Thursday, October 24th. Seven research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $106.81.

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.