Oak Thistle LLC Acquires Shares of 5,940 TransUnion (NYSE:TRU)

Oak Thistle LLC bought a new position in TransUnion (NYSE:TRU) in the fourth quarter, HoldingsChannel.com reports. The fund bought 5,940 shares of the business services provider’s stock, valued at approximately $551,000.

A number of other large investors also recently modified their holdings of TRU. Townsquare Capital LLC lifted its holdings in TransUnion by 1.0% during the 3rd quarter. Townsquare Capital LLC now owns 10,211 shares of the business services provider’s stock worth $1,069,000 after buying an additional 100 shares in the last quarter. Signaturefd LLC raised its position in shares of TransUnion by 15.0% during the third quarter. Signaturefd LLC now owns 788 shares of the business services provider’s stock worth $83,000 after acquiring an additional 103 shares during the last quarter. Elo Mutual Pension Insurance Co lifted its stake in shares of TransUnion by 0.7% during the second quarter. Elo Mutual Pension Insurance Co now owns 17,822 shares of the business services provider’s stock valued at $1,322,000 after acquiring an additional 123 shares during the period. Huntington National Bank boosted its holdings in TransUnion by 84.5% in the third quarter. Huntington National Bank now owns 286 shares of the business services provider’s stock valued at $30,000 after acquiring an additional 131 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its holdings in TransUnion by 1.0% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 13,597 shares of the business services provider’s stock worth $1,261,000 after purchasing an additional 131 shares during the last quarter.

Wall Street Analysts Forecast Growth

TRU has been the subject of several analyst reports. Oppenheimer lowered their price target on shares of TransUnion from $115.00 to $112.00 and set an “outperform” rating for the company in a research report on Tuesday, January 7th. Royal Bank of Canada reiterated an “outperform” rating and set a $121.00 target price on shares of TransUnion in a research report on Thursday, October 24th. Wells Fargo & Company cut their price target on TransUnion from $135.00 to $126.00 and set an “overweight” rating on the stock in a research note on Friday, January 10th. Robert W. Baird lifted their price objective on TransUnion from $104.00 to $130.00 and gave the stock an “outperform” rating in a research note on Thursday, October 24th. Finally, Needham & Company LLC restated a “hold” rating on shares of TransUnion in a report on Thursday. Seven research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $108.19.

Insiders Place Their Bets

In related news, Director George M. Awad sold 12,000 shares of the company’s stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $100.00, for a total transaction of $1,200,000.00. Following the sale, the director now owns 27,026 shares in the company, valued at approximately $2,702,600. This represents a 30.75 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Steven M. Chaouki sold 1,000 shares of the firm’s stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of $93.60, for a total value of $93,600.00. Following the completion of the transaction, the insider now owns 59,488 shares of the company’s stock, valued at approximately $5,568,076.80. This represents a 1.65 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 19,090 shares of company stock valued at $1,916,758 in the last three months. 0.22% of the stock is currently owned by corporate insiders.

TransUnion Stock Performance

TRU opened at $94.79 on Friday. The company has a market capitalization of $18.47 billion, a price-to-earnings ratio of 82.42, a P/E/G ratio of 1.02 and a beta of 1.62. The business’s 50-day moving average price is $96.68 and its two-hundred day moving average price is $95.25. TransUnion has a 1 year low of $66.07 and a 1 year high of $113.17. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.68 and a quick ratio of 1.68.

TransUnion (NYSE:TRU) last released its 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. 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 business’s quarterly revenue was up 12.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.80 EPS. Equities analysts expect that TransUnion will post 3.44 EPS for the current fiscal year.

TransUnion Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 9th. Shareholders of record on Friday, November 22nd were paid a $0.105 dividend. The ex-dividend date was Friday, November 22nd. This represents a $0.42 annualized dividend and a yield of 0.44%. TransUnion’s payout ratio is currently 36.52%.

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.