Mutual of America Capital Management LLC Cuts Holdings in TransUnion (NYSE:TRU)

Mutual of America Capital Management LLC lowered its holdings in TransUnion (NYSE:TRU) by 3.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,862 shares of the business services provider’s stock after selling 150 shares during the quarter. Mutual of America Capital Management LLC’s holdings in TransUnion were worth $509,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Signaturefd LLC lifted its holdings in shares of TransUnion by 15.0% during the 3rd quarter. Signaturefd LLC now owns 788 shares of the business services provider’s stock valued at $83,000 after buying an additional 103 shares during the period. Elo Mutual Pension Insurance Co increased its position in TransUnion by 0.7% during the second quarter. Elo Mutual Pension Insurance Co now owns 17,822 shares of the business services provider’s stock valued at $1,322,000 after acquiring an additional 123 shares during the last quarter. Huntington National Bank lifted its holdings in TransUnion by 84.5% in the third quarter. Huntington National Bank now owns 286 shares of the business services provider’s stock valued at $30,000 after acquiring an additional 131 shares during the period. Lindbrook Capital LLC boosted its position in TransUnion by 4.0% in the third quarter. Lindbrook Capital LLC now owns 4,260 shares of the business services provider’s stock worth $446,000 after purchasing an additional 163 shares during the last quarter. Finally, V Square Quantitative Management LLC boosted its position in TransUnion by 6.4% in the second 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.

Insider Buying and Selling

In related news, Director George M. Awad sold 12,000 shares of the business’s stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $100.00, for a total value of $1,200,000.00. Following the transaction, the director now owns 27,026 shares in the company, valued at $2,702,600. The trade was a 30.75 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, EVP Heather J. Russell sold 3,173 shares of the business’s stock in a transaction on Thursday, August 29th. The shares were sold at an average price of $95.58, for a total transaction of $303,275.34. Following the completion of the transaction, the executive vice president now directly owns 19,926 shares in the company, 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 23,078 shares of company stock worth $2,296,725 over the last 90 days. 0.22% of the stock is owned by insiders.

TransUnion Price Performance

NYSE:TRU opened at $100.73 on Wednesday. The company has a market capitalization of $19.63 billion, a P/E ratio of 87.43, a P/E/G ratio of 1.37 and a beta of 1.62. The company has a quick ratio of 1.68, a current ratio of 1.68 and a debt-to-equity ratio of 1.19. TransUnion has a 52 week low of $56.85 and a 52 week high of $113.17. The stock’s fifty day moving average is $103.69 and its two-hundred day moving average is $89.94.

TransUnion (NYSE:TRU) last issued its quarterly earnings data on Wednesday, October 23rd. The business services provider reported $1.04 earnings per share for the quarter, beating analysts’ consensus estimates 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 firm posted $0.80 earnings per share. The company’s revenue was up 12.0% on a year-over-year basis. Equities analysts expect that TransUnion will post 3.46 EPS for the current year.

TransUnion Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, December 9th. Investors of record on Friday, November 22nd will be issued a $0.105 dividend. The ex-dividend date of this dividend is Friday, November 22nd. This represents a $0.42 annualized dividend and a yield of 0.42%. TransUnion’s dividend payout ratio (DPR) is 36.52%.

Analysts Set New Price Targets

A number of equities analysts recently commented on TRU shares. Barclays raised their target price on TransUnion from $80.00 to $105.00 and gave the stock an “equal weight” rating in a 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 report on Thursday, October 24th. UBS Group assumed coverage on TransUnion in a research report on Tuesday, October 1st. They set a “neutral” rating and a $110.00 price objective on the stock. Robert W. Baird increased their target price on shares of TransUnion from $104.00 to $130.00 and gave the stock an “outperform” rating in a report on Thursday, October 24th. Finally, Stifel Nicolaus raised their target price on shares of TransUnion from $103.00 to $120.00 and gave the stock a “buy” rating in a research note on Thursday, October 24th. 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, the stock has an average rating of “Moderate Buy” and a consensus price target of $106.38.

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.