Rockefeller Capital Management L.P. Decreases Stock Position in TransUnion (NYSE:TRU)

Rockefeller Capital Management L.P. lowered its position in shares of TransUnion (NYSE:TRU) by 4.5% during the third quarter, HoldingsChannel reports. The firm owned 1,259,300 shares of the business services provider’s stock after selling 59,262 shares during the period. Rockefeller Capital Management L.P.’s holdings in TransUnion were worth $131,849,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the company. California State Teachers Retirement System grew its stake in shares of TransUnion by 2.4% during the first quarter. California State Teachers Retirement System now owns 327,518 shares of the business services provider’s stock valued at $26,136,000 after acquiring an additional 7,636 shares in the last quarter. Tidal Investments LLC grew its stake in TransUnion by 8.3% during the 1st quarter. Tidal Investments LLC now owns 3,981 shares of the business services provider’s stock valued at $318,000 after purchasing an additional 304 shares in the last quarter. Swedbank AB acquired a new position in shares of TransUnion in the 1st quarter valued at approximately $15,158,000. DekaBank Deutsche Girozentrale boosted its stake in shares of TransUnion by 0.9% during the 1st quarter. DekaBank Deutsche Girozentrale now owns 64,657 shares of the business services provider’s stock valued at $5,064,000 after buying an additional 588 shares during the last quarter. Finally, DNB Asset Management AS grew its position in shares of TransUnion by 5.6% during the second quarter. DNB Asset Management AS now owns 36,506 shares of the business services provider’s stock worth $2,707,000 after buying an additional 1,939 shares in the last quarter.

TransUnion Stock Performance

Shares of TRU opened at $101.00 on Friday. The firm has a market capitalization of $19.68 billion, a PE ratio of 87.83, a P/E/G ratio of 1.40 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. The firm has a 50-day moving average price of $103.61 and a 200 day moving average price of $90.25. TransUnion has a 52-week low of $56.85 and a 52-week high of $113.17.

TransUnion (NYSE:TRU) last announced its earnings results on Wednesday, October 23rd. The business services provider reported $1.04 EPS for the quarter, topping the consensus estimate of $1.01 by $0.03. The firm had revenue of $1.09 billion for the quarter, compared to analysts’ expectations of $1.06 billion. TransUnion had a return on equity of 15.38% and a net margin of 5.47%. The firm’s quarterly revenue was up 12.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.80 earnings per share. On average, sell-side analysts anticipate that TransUnion will post 3.44 earnings per share 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 dividend of $0.105 per share. 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 is currently 36.52%.

Insider Buying and Selling

In other TransUnion news, 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 of the company’s stock, valued at approximately $6,655,312.08. This represents a 2.33 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director George M. Awad sold 12,000 shares of the firm’s stock in a transaction on 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 sale, the director now directly owns 27,026 shares of the company’s stock, valued at approximately $2,702,600. This represents a 30.75 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 19,500 shares of company stock valued at $1,954,740 over the last three months. Company insiders own 0.22% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on TRU. Barclays boosted their target price on shares of TransUnion from $80.00 to $105.00 and gave the stock an “equal weight” rating in a research report on Friday, September 13th. Needham & Company LLC reaffirmed a “hold” rating on shares of TransUnion in a report on Thursday, October 24th. The Goldman Sachs Group increased their target price on shares of TransUnion from $97.00 to $109.00 and gave the stock a “neutral” rating in a report on Wednesday, October 2nd. Stifel Nicolaus raised their price target on shares of TransUnion from $103.00 to $120.00 and gave the stock a “buy” rating in a research report on Thursday, October 24th. Finally, Wells Fargo & Company boosted their price objective 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. 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.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $106.38.

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.