15,000 Shares in TransUnion (NYSE:TRU) Bought by Pacific Capital Partners Ltd

Pacific Capital Partners Ltd bought a new stake in TransUnion (NYSE:TRU) during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 15,000 shares of the business services provider’s stock, valued at approximately $1,245,000.

A number of other institutional investors also recently bought and sold shares of the company. Fifth Third Bancorp increased its position in shares of TransUnion by 105.3% during the 1st quarter. Fifth Third Bancorp now owns 423 shares of the business services provider’s stock valued at $35,000 after purchasing an additional 217 shares during the last quarter. Aster Capital Management DIFC Ltd bought a new stake in TransUnion during the fourth quarter valued at approximately $40,000. Huntington National Bank increased its holdings in TransUnion by 58.7% during the fourth quarter. Huntington National Bank now owns 454 shares of the business services provider’s stock valued at $42,000 after buying an additional 168 shares during the last quarter. Kapitalo Investimentos Ltda bought a new position in TransUnion in the fourth quarter worth approximately $47,000. Finally, Mizuho Bank Ltd. purchased a new position in shares of TransUnion during the 4th quarter worth $47,000.

Analyst Upgrades and Downgrades

TRU has been the subject of several analyst reports. Stifel Nicolaus reduced their price objective on TransUnion from $120.00 to $112.00 and set a “buy” rating for the company in a research note on Friday, April 25th. Bank of America began coverage on TransUnion in a research report on Thursday, April 10th. They issued an “underperform” rating and a $84.00 price target for the company. Needham & Company LLC reaffirmed a “hold” rating on shares of TransUnion in a research report on Friday, July 25th. Oppenheimer increased their target price on shares of TransUnion from $100.00 to $108.00 and gave the stock an “outperform” rating in a report on Tuesday, July 8th. Finally, Wells Fargo & Company decreased their target price on shares of TransUnion from $124.00 to $118.00 and set an “overweight” rating on the stock in a research note on Friday, July 25th. One analyst has rated the stock with a sell rating, four have given a hold rating and eleven have given a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $112.46.

TransUnion Price Performance

Shares of NYSE:TRU opened at $98.89 on Wednesday. The firm has a market cap of $19.26 billion, a price-to-earnings ratio of 49.45, a P/E/G ratio of 2.74 and a beta of 1.63. The firm has a fifty day moving average price of $89.08 and a 200 day moving average price of $87.90. TransUnion has a fifty-two week low of $66.38 and a fifty-two week high of $113.17. The company has a debt-to-equity ratio of 1.09, a quick ratio of 2.02 and a current ratio of 2.03.

TransUnion (NYSE:TRU) last released its quarterly earnings data on Thursday, July 24th. The business services provider reported $1.08 EPS for the quarter, beating the consensus estimate of $0.99 by $0.09. TransUnion had a net margin of 8.99% and a return on equity of 16.08%. The business had revenue of $1.14 billion during the quarter, compared to the consensus estimate of $1.10 billion. During the same quarter in the prior year, the firm earned $0.99 EPS. The business’s revenue was up 9.5% on a year-over-year basis. As a group, sell-side analysts expect that TransUnion will post 3.99 earnings per share for the current fiscal year.

TransUnion Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 6th. Shareholders of record on Thursday, May 22nd were paid a $0.115 dividend. This represents a $0.46 dividend on an annualized basis and a yield of 0.47%. The ex-dividend date of this dividend was Thursday, May 22nd. TransUnion’s payout ratio is 23.00%.

Insider Activity

In other news, insider Steven M. Chaouki sold 1,000 shares of the stock in a transaction that occurred on Tuesday, July 1st. The stock was sold at an average price of $87.14, for a total transaction of $87,140.00. Following the completion of the transaction, the insider directly owned 74,393 shares in the company, valued at approximately $6,482,606.02. This represents a 1.33% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Over the last 90 days, insiders sold 3,000 shares of company stock worth $255,010. 0.25% of the stock is owned by corporate insiders.

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.