TransUnion (NYSE:TRU) Shares Sold by CCLA Investment Management

CCLA Investment Management cut its stake in TransUnion (NYSE:TRU) by 37.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,143,105 shares of the business services provider’s stock after selling 697,456 shares during the quarter. CCLA Investment Management owned approximately 0.59% of TransUnion worth $105,931,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. FMR LLC increased its holdings in shares of TransUnion by 307.7% during the 3rd quarter. FMR LLC now owns 4,540,896 shares of the business services provider’s stock valued at $475,432,000 after purchasing an additional 3,427,199 shares in the last quarter. Massachusetts Financial Services Co. MA increased its holdings in TransUnion by 17.4% in the third quarter. Massachusetts Financial Services Co. MA now owns 19,180,562 shares of the business services provider’s stock valued at $2,008,205,000 after buying an additional 2,840,800 shares in the last quarter. XN LP raised its position in shares of TransUnion by 194.7% in the second quarter. XN LP now owns 1,973,684 shares of the business services provider’s stock worth $146,368,000 after acquiring an additional 1,303,996 shares during the period. Westfield Capital Management Co. LP purchased a new stake in shares of TransUnion during the 3rd quarter worth about $92,661,000. Finally, Wellington Management Group LLP grew its position in shares of TransUnion by 16.8% during the 3rd quarter. Wellington Management Group LLP now owns 4,426,510 shares of the business services provider’s stock valued at $463,456,000 after acquiring an additional 635,581 shares during the period.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on TRU shares. Needham & Company LLC reaffirmed a “hold” rating on shares of TransUnion in a report on Thursday, October 24th. Morgan Stanley increased their target price on TransUnion from $119.00 to $130.00 and gave the company an “overweight” rating in a research report on Thursday, December 12th. UBS Group assumed coverage on shares of TransUnion in a report on Tuesday, October 1st. They issued a “neutral” rating and a $110.00 price target for the company. Stifel Nicolaus increased their price objective on shares of TransUnion from $103.00 to $120.00 and gave the company a “buy” rating in a report on Thursday, October 24th. Finally, Oppenheimer cut their target price on shares of TransUnion from $115.00 to $112.00 and set an “outperform” rating for the company in a research note on Tuesday, January 7th. Seven investment analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to data from MarketBeat, TransUnion presently has a consensus rating of “Moderate Buy” and an average target price of $106.31.

TransUnion Trading Up 1.9 %

Shares of TRU stock opened at $89.96 on Wednesday. TransUnion has a twelve month low of $66.07 and a twelve month high of $113.17. The stock has a market cap of $17.53 billion, a price-to-earnings ratio of 78.23, a PEG ratio of 1.37 and a beta of 1.62. The company’s 50-day moving average price is $97.10 and its 200-day moving average price is $95.25. 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 results 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 net margin of 5.47% and a return on equity of 15.38%. The firm had revenue of $1.09 billion for the quarter, compared to analyst estimates of $1.06 billion. During the same quarter in the previous year, the company earned $0.80 EPS. The business’s revenue for the quarter was up 12.0% compared to the same quarter last year. As a group, equities analysts predict that TransUnion will post 3.44 earnings per share for the current year.

TransUnion Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 9th. Investors of record on Friday, November 22nd were issued a $0.105 dividend. The ex-dividend date of this dividend was Friday, November 22nd. This represents a $0.42 annualized dividend and a yield of 0.47%. TransUnion’s dividend payout ratio (DPR) is currently 36.52%.

Insider Activity

In related news, insider Todd C. Skinner sold 3,090 shares of TransUnion stock in a transaction that occurred on Friday, November 29th. The shares were sold at an average price of $101.48, for a total value of $313,573.20. Following the completion of the sale, the insider now owns 24,333 shares in the company, valued at approximately $2,469,312.84. This trade represents a 11.27 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Steven M. Chaouki sold 1,500 shares of the company’s stock in a transaction on Friday, November 8th. The stock was sold at an average price of $105.66, for a total value of $158,490.00. Following the transaction, the insider now owns 62,988 shares in the company, valued at $6,655,312.08. This trade represents a 2.33 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 19,090 shares of company stock valued at $1,916,758. Company insiders own 0.22% of the company’s stock.

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.