Sora Investors LLC trimmed its holdings in TransUnion (NYSE:TRU – Free Report) by 32.1% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 135,801 shares of the business services provider’s stock after selling 64,199 shares during the quarter. TransUnion accounts for 2.5% of Sora Investors LLC’s portfolio, making the stock its 14th largest holding. Sora Investors LLC owned approximately 0.07% of TransUnion worth $14,218,000 as of its most recent SEC filing.
Several other large investors have also recently bought and sold shares of the stock. Huntington National Bank raised its holdings in shares of TransUnion by 84.5% in the 3rd quarter. Huntington National Bank now owns 286 shares of the business services provider’s stock worth $30,000 after buying an additional 131 shares in the last quarter. True Wealth Design LLC lifted its holdings in shares of TransUnion by 4,590.0% during the third quarter. True Wealth Design LLC now owns 469 shares of the business services provider’s stock valued at $49,000 after acquiring an additional 459 shares during the period. Quarry LP lifted its holdings in shares of TransUnion by 963.0% during the second quarter. Quarry LP now owns 574 shares of the business services provider’s stock valued at $43,000 after acquiring an additional 520 shares during the period. Signaturefd LLC grew its holdings in shares of TransUnion by 15.0% in the 3rd quarter. Signaturefd LLC now owns 788 shares of the business services provider’s stock worth $83,000 after purchasing an additional 103 shares during the last quarter. Finally, Blue Trust Inc. increased its position in shares of TransUnion by 156.6% during the 2nd quarter. Blue Trust Inc. now owns 857 shares of the business services provider’s stock worth $68,000 after purchasing an additional 523 shares in the last quarter.
Insider Buying and Selling
In related news, insider Steven M. Chaouki sold 1,500 shares of the company’s stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $100.73, for a total value of $151,095.00. Following the transaction, the insider now owns 60,488 shares in the company, valued at approximately $6,092,956.24. This represents a 2.42 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Timothy J. Martin sold 2,500 shares of the firm’s stock in a transaction that occurred on Tuesday, October 1st. The stock was sold at an average price of $104.59, for a total transaction of $261,475.00. Following the sale, the executive vice president now owns 46,739 shares of the company’s stock, valued at $4,888,432.01. This trade represents a 5.08 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 20,590 shares of company stock worth $2,084,633. Company insiders own 0.22% of the company’s stock.
TransUnion Stock Down 2.3 %
TransUnion (NYSE:TRU – Get Free Report) last announced its quarterly earnings data on Wednesday, October 23rd. The business services provider reported $1.04 earnings per share (EPS) for the quarter, topping 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 company had revenue of $1.09 billion for the quarter, compared to analysts’ expectations of $1.06 billion. During the same quarter in the prior year, the business posted $0.80 EPS. The business’s revenue was up 12.0% compared to the same quarter last year. On average, equities analysts predict that TransUnion will post 3.44 EPS for the current fiscal 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 paid 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 0.43%. TransUnion’s dividend payout ratio (DPR) is currently 36.52%.
Analyst Ratings Changes
A number of equities analysts have commented on TRU shares. Wells Fargo & Company boosted their price target on shares of TransUnion from $125.00 to $135.00 and gave the company an “overweight” rating in a research report on Thursday, October 24th. Wolfe Research upgraded shares of TransUnion from a “peer perform” rating to an “outperform” rating and set a $130.00 price objective for the company in a research report on Thursday, October 10th. Needham & Company LLC reaffirmed a “hold” rating on shares of TransUnion in a research note on Thursday, October 24th. Barclays increased their price objective on shares of TransUnion from $80.00 to $105.00 and gave the company an “equal weight” rating in a report on Friday, September 13th. Finally, The Goldman Sachs Group upped their target price on shares of TransUnion from $97.00 to $109.00 and gave the company a “neutral” rating in a research report on Wednesday, October 2nd. Seven analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $106.38.
View Our Latest Research Report on TransUnion
TransUnion Company 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.
Read More
- Five stocks we like better than TransUnion
- Basic Materials Stocks Investing
- 3 Enterprise Tech Stocks That Are Viable Takeover Targets in 2025
- Why Invest in 5G? How to Invest in 5G Stocks
- NVIDIA’s Blackwell Chips Set for Arizona Manufacturing by TSMC?
- 3 Ways To Invest In Coffee, Other Than Drinking It
- Okta: Bullish Signals Suggest a Market Reversal Is Underway
Receive News & Ratings for TransUnion Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TransUnion and related companies with MarketBeat.com's FREE daily email newsletter.