TransUnion (NYSE:TRU) Shares Sold by Swedbank AB

Swedbank AB lowered its holdings in shares of TransUnion (NYSE:TRU) by 3.9% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 181,331 shares of the business services provider’s stock after selling 7,315 shares during the period. Swedbank AB owned 0.09% of TransUnion worth $18,985,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the business. California State Teachers Retirement System increased its stake in TransUnion by 2.4% in the 1st quarter. California State Teachers Retirement System now owns 327,518 shares of the business services provider’s stock valued at $26,136,000 after buying an additional 7,636 shares during the period. Victory Capital Management Inc. increased its stake in shares of TransUnion by 24.1% during the second quarter. Victory Capital Management Inc. now owns 3,468,854 shares of the business services provider’s stock worth $257,250,000 after acquiring an additional 674,187 shares during the period. Sumitomo Mitsui Trust Group Inc. raised its holdings in TransUnion by 12.1% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,308,028 shares of the business services provider’s stock worth $136,951,000 after purchasing an additional 140,952 shares in the last quarter. Blue Trust Inc. lifted its position in TransUnion by 156.6% in the second quarter. Blue Trust Inc. now owns 857 shares of the business services provider’s stock valued at $68,000 after purchasing an additional 523 shares during the period. Finally, Harbor Capital Advisors Inc. boosted its holdings in TransUnion by 359.2% in the 2nd quarter. Harbor Capital Advisors Inc. now owns 9,804 shares of the business services provider’s stock valued at $727,000 after purchasing an additional 7,669 shares in the last quarter.

Insider Activity

In other TransUnion news, Director George M. Awad sold 12,000 shares of TransUnion stock in a transaction on Monday, November 25th. The shares were sold at an average price of $100.00, for a total value of $1,200,000.00. Following the transaction, the director now owns 27,026 shares in the company, valued at $2,702,600. This trade represents a 30.75 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CAO Jennifer A. Williams sold 405 shares of the company’s stock in a transaction on Thursday, August 29th. The stock was sold at an average price of $95.58, for a total value of $38,709.90. Following the sale, the chief accounting officer now owns 7,186 shares of the company’s stock, valued at approximately $686,837.88. The trade was a 5.34 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 23,078 shares of company stock valued at $2,296,725 over the last quarter. Company insiders own 0.22% of the company’s stock.

TransUnion Trading Down 1.6 %

TransUnion stock opened at $100.73 on Wednesday. The stock has a 50-day moving average price of $103.69 and a 200 day moving average price of $89.94. TransUnion has a 52 week low of $56.85 and a 52 week high of $113.17. The stock has a market cap of $19.63 billion, a PE ratio of 87.59, a P/E/G ratio of 1.37 and a beta of 1.62. 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 issued its quarterly earnings results on Wednesday, October 23rd. The business services provider reported $1.04 EPS for the quarter, topping analysts’ consensus estimates of $1.01 by $0.03. TransUnion had a net margin of 5.47% and a return on equity of 15.38%. The business had revenue of $1.09 billion during the quarter, compared to the consensus estimate of $1.06 billion. During the same period in the previous year, the firm posted $0.80 earnings per share. The company’s quarterly revenue was up 12.0% compared to the same quarter last year. Equities research analysts predict that TransUnion will post 3.46 earnings per share for the current fiscal year.

TransUnion Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 9th. Stockholders of record on Friday, November 22nd will be issued a dividend of $0.105 per share. This represents a $0.42 annualized dividend and a dividend yield of 0.42%. The ex-dividend date is Friday, November 22nd. TransUnion’s dividend payout ratio (DPR) is 36.52%.

Analyst Upgrades and Downgrades

Several research firms have recently commented on TRU. The Goldman Sachs Group raised their price target on TransUnion from $97.00 to $109.00 and gave the company a “neutral” rating in a report on Wednesday, October 2nd. Stifel Nicolaus raised their target price on TransUnion from $103.00 to $120.00 and gave the company a “buy” rating in a report on Thursday, October 24th. Robert W. Baird upped their price target on shares of TransUnion from $104.00 to $130.00 and gave the stock an “outperform” rating in a research note on Thursday, October 24th. Morgan Stanley raised their price objective on shares of TransUnion from $103.00 to $119.00 and gave the company an “overweight” rating in a research note on Thursday, October 24th. Finally, Wells Fargo & Company upped their target price on shares of TransUnion from $125.00 to $135.00 and gave the stock an “overweight” rating in a research report on Thursday, October 24th. Seven analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to data from MarketBeat, the company currently 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.