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

Rockefeller Capital Management L.P. lowered its position in TransUnion (NYSE:TRU) by 4.5% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,259,300 shares of the business services provider’s stock after selling 59,262 shares during the quarter. Rockefeller Capital Management L.P. owned about 0.65% of TransUnion worth $131,849,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Huntington National Bank lifted 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. Quarry LP boosted its position in shares of TransUnion by 963.0% during the second quarter. Quarry LP now owns 574 shares of the business services provider’s stock worth $43,000 after buying an additional 520 shares during the period. National Bank of Canada FI increased its stake in TransUnion by 22.3% during the second quarter. National Bank of Canada FI now owns 910 shares of the business services provider’s stock worth $66,000 after purchasing an additional 166 shares during the period. Blue Trust Inc. lifted its position in shares of TransUnion by 156.6% during the second 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. Finally, Ridgewood Investments LLC purchased a new position in TransUnion in the 2nd quarter valued at approximately $75,000.

TransUnion Stock Performance

Shares of TRU opened at $101.00 on Friday. The company has a 50-day moving average of $103.61 and a two-hundred day moving average of $90.25. The stock has a market cap of $19.68 billion, a P/E ratio of 87.83, a PEG ratio of 1.40 and a beta of 1.62. TransUnion has a 12-month low of $56.85 and a 12-month high of $113.17. 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 posted its earnings results on Wednesday, October 23rd. The business services provider reported $1.04 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $1.09 billion for the quarter, compared to analyst estimates of $1.06 billion. During the same quarter in the prior year, the company earned $0.80 EPS. TransUnion’s revenue was up 12.0% on a year-over-year basis. As a group, research 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. Shareholders of record on Friday, November 22nd will be issued a $0.105 dividend. The ex-dividend date is Friday, November 22nd. This represents a $0.42 dividend on an annualized basis and a yield of 0.42%. TransUnion’s dividend payout ratio (DPR) is 36.52%.

Wall Street Analyst Weigh In

A number of analysts have weighed in on TRU shares. Robert W. Baird raised their price target on TransUnion from $104.00 to $130.00 and gave the company an “outperform” rating in a research note on Thursday, October 24th. Morgan Stanley lifted their price target on TransUnion from $103.00 to $119.00 and gave the stock an “overweight” rating in a research report on Thursday, October 24th. Oppenheimer decreased their price objective on TransUnion from $122.00 to $115.00 and set an “outperform” rating for the company in a report on Wednesday, November 20th. Wells Fargo & Company upped 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. Finally, UBS Group started coverage on TransUnion in a research report on Tuesday, October 1st. They set a “neutral” rating and a $110.00 price objective for the company. 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, TransUnion currently has a consensus rating of “Moderate Buy” and an average target price of $106.38.

Insiders Place Their Bets

In other news, Director George M. Awad sold 12,000 shares of the company’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $100.00, for a total transaction of $1,200,000.00. Following the completion of the transaction, the director now owns 27,026 shares of the company’s stock, valued at $2,702,600. This represents a 30.75 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Timothy J. Martin sold 2,500 shares of the firm’s stock in a transaction that occurred on Tuesday, September 3rd. The stock was sold at an average price of $95.65, for a total transaction of $239,125.00. Following the completion of the sale, the executive vice president now directly owns 49,239 shares in the company, valued at $4,709,710.35. This represents a 4.83 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 19,500 shares of company stock valued at $1,954,740 in the last ninety days. 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.