Handelsbanken Fonder AB Grows Holdings in TransUnion (NYSE:TRU)

Handelsbanken Fonder AB grew its holdings in TransUnion (NYSE:TRU) by 52.4% during the fourth quarter, HoldingsChannel.com reports. The firm owned 32,472 shares of the business services provider’s stock after acquiring an additional 11,163 shares during the quarter. Handelsbanken Fonder AB’s holdings in TransUnion were worth $2,231,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Headlands Technologies LLC bought a new stake in TransUnion during the third quarter valued at about $27,000. CENTRAL TRUST Co boosted its position in TransUnion by 569.3% during the third quarter. CENTRAL TRUST Co now owns 937 shares of the business services provider’s stock valued at $67,000 after purchasing an additional 797 shares in the last quarter. CWM LLC boosted its position in TransUnion by 35.0% during the fourth quarter. CWM LLC now owns 1,544 shares of the business services provider’s stock valued at $106,000 after purchasing an additional 400 shares in the last quarter. NBC Securities Inc. bought a new stake in TransUnion during the third quarter valued at about $120,000. Finally, Federated Hermes Inc. bought a new stake in TransUnion during the fourth quarter valued at about $134,000.

TransUnion Stock Up 0.2 %

TRU stock opened at $74.47 on Friday. The firm’s fifty day simple moving average is $76.33 and its 200-day simple moving average is $67.88. The company has a market capitalization of $14.46 billion, a P/E ratio of -52.08, a price-to-earnings-growth ratio of 1.14 and a beta of 1.61. The company has a debt-to-equity ratio of 1.28, a current ratio of 1.47 and a quick ratio of 1.47. TransUnion has a 12 month low of $42.09 and a 12 month high of $82.75.

TransUnion (NYSE:TRU) last released its quarterly earnings data on Thursday, April 25th. The business services provider reported $0.83 EPS for the quarter, beating the consensus estimate of $0.71 by $0.12. TransUnion had a negative net margin of 7.02% and a positive return on equity of 14.22%. The business had revenue of $1.02 billion for the quarter, compared to the consensus estimate of $977.62 million. As a group, equities research analysts forecast that TransUnion will post 3.31 earnings per share for the current year.

TransUnion Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, March 22nd. Investors of record on Thursday, March 7th were issued a dividend of $0.105 per share. This represents a $0.42 dividend on an annualized basis and a yield of 0.56%. The ex-dividend date was Wednesday, March 6th. TransUnion’s dividend payout ratio (DPR) is presently -29.37%.

Analyst Ratings Changes

TRU has been the topic of a number of recent research reports. Stifel Nicolaus raised their price objective on TransUnion from $83.00 to $92.00 and gave the company a “buy” rating in a research report on Friday. JPMorgan Chase & Co. lifted their target price on shares of TransUnion from $69.00 to $84.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 14th. Jefferies Financial Group upped their price target on shares of TransUnion from $75.00 to $85.00 and gave the company a “buy” rating in a research note on Wednesday, January 17th. Bank of America upgraded shares of TransUnion from an “underperform” rating to a “neutral” rating and upped their price target for the company from $65.00 to $90.00 in a research note on Monday, April 1st. Finally, Barclays upped their price target on shares of TransUnion from $55.00 to $75.00 and gave the company an “equal weight” rating in a research note on Wednesday, February 14th. Six investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $83.60.

Insider Buying and Selling

In related news, EVP Richard Dane Mauldin sold 1,500 shares of the stock in a transaction on Thursday, March 14th. The shares were sold at an average price of $78.10, for a total transaction of $117,150.00. Following the sale, the executive vice president now directly owns 22,033 shares of the company’s stock, valued at $1,720,777.30. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. In related news, EVP Richard Dane Mauldin sold 1,500 shares of the stock in a transaction on Thursday, March 14th. The shares were sold at an average price of $78.10, for a total transaction of $117,150.00. Following the sale, the executive vice president now directly owns 22,033 shares of the company’s stock, valued at $1,720,777.30. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Steven M. Chaouki sold 1,775 shares of the stock in a transaction on Monday, April 1st. The stock was sold at an average price of $81.30, for a total transaction of $144,307.50. Following the sale, the insider now directly owns 75,099 shares in the company, valued at $6,105,548.70. The disclosure for this sale can be found here. Over the last three months, insiders have sold 15,275 shares of company stock valued at $1,204,538. Corporate insiders own 0.22% of the company’s stock.

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.