Marathon Asset Management Ltd Sells 65,828 Shares of TransUnion (NYSE:TRU)

Marathon Asset Management Ltd reduced its stake in TransUnion (NYSE:TRU) by 8.8% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 683,452 shares of the business services provider’s stock after selling 65,828 shares during the period. TransUnion makes up 2.0% of Marathon Asset Management Ltd’s portfolio, making the stock its 11th largest holding. Marathon Asset Management Ltd owned approximately 0.35% of TransUnion worth $71,557,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of TRU. Larson Financial Group LLC grew its holdings in TransUnion by 237.5% during the 1st quarter. Larson Financial Group LLC now owns 486 shares of the business services provider’s stock worth $39,000 after acquiring an additional 342 shares in the last quarter. GAMMA Investing LLC lifted its stake in TransUnion by 32.9% during the 1st quarter. GAMMA Investing LLC now owns 573 shares of the business services provider’s stock valued at $46,000 after acquiring an additional 142 shares during the period. Quarry LP boosted its holdings in TransUnion by 963.0% in the second quarter. Quarry LP now owns 574 shares of the business services provider’s stock valued at $43,000 after purchasing an additional 520 shares during the last quarter. Blue Trust Inc. grew its holdings in 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 acquiring an additional 523 shares during the period. Finally, National Bank of Canada FI increased its holdings in shares of TransUnion by 22.3% during the 2nd quarter. National Bank of Canada FI now owns 910 shares of the business services provider’s stock valued at $66,000 after purchasing an additional 166 shares in the last quarter.

Analyst Ratings Changes

Several analysts recently issued reports on the stock. Wells Fargo & Company upped their price objective on shares of TransUnion from $100.00 to $125.00 and gave the company an “overweight” rating in a research note on Wednesday, October 2nd. Barclays lifted their price objective on TransUnion from $80.00 to $105.00 and gave the company an “equal weight” rating in a research note on Friday, September 13th. Royal Bank of Canada raised their price target on shares of TransUnion from $85.00 to $106.00 and gave the company an “outperform” rating in a research report on Friday, July 26th. Robert W. Baird boosted their price objective on TransUnion from $94.00 to $104.00 and gave the stock an “outperform” rating in a research report on Friday, July 26th. Finally, The Goldman Sachs Group raised their price objective on shares of TransUnion from $97.00 to $109.00 and gave the stock a “neutral” rating in a report on Wednesday, October 2nd. Seven equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $98.71.

TransUnion Price Performance

Shares of TRU opened at $107.00 on Friday. The company has a 50 day moving average of $99.49 and a 200-day moving average of $84.49. TransUnion has a twelve month low of $42.09 and a twelve month high of $108.56. The company has a quick ratio of 1.66, a current ratio of 1.66 and a debt-to-equity ratio of 1.22. The stock has a market capitalization of $20.79 billion, a P/E ratio of -84.25, a P/E/G ratio of 1.39 and a beta of 1.62.

TransUnion (NYSE:TRU) last issued its quarterly earnings results on Thursday, July 25th. The business services provider reported $0.99 earnings per share for the quarter, topping analysts’ consensus estimates of $0.86 by $0.13. TransUnion had a negative net margin of 6.11% and a positive return on equity of 15.03%. The company had revenue of $1.04 billion during the quarter, compared to the consensus estimate of $1.02 billion. During the same quarter in the prior year, the firm posted $0.76 EPS. The firm’s quarterly revenue was up 7.5% on a year-over-year basis. As a group, equities research analysts forecast that TransUnion will post 3.45 EPS for the current fiscal year.

TransUnion Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 9th. Stockholders of record on Friday, August 23rd were issued a $0.105 dividend. The ex-dividend date was Friday, August 23rd. This represents a $0.42 dividend on an annualized basis and a dividend yield of 0.39%. TransUnion’s dividend payout ratio is presently -33.07%.

Insider Buying and Selling at TransUnion

In other news, EVP Heather J. Russell sold 3,173 shares of the firm’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 $303,275.34. Following the completion of the transaction, the executive vice president now directly owns 19,926 shares of the company’s stock, valued at $1,904,527.08. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other news, EVP Heather J. Russell sold 3,173 shares of the company’s stock in a transaction dated Thursday, August 29th. The shares were sold at an average price of $95.58, for a total transaction of $303,275.34. Following the completion of the transaction, the executive vice president now directly owns 19,926 shares of the company’s stock, valued at approximately $1,904,527.08. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Todd C. Skinner sold 2,900 shares of the firm’s stock in a transaction that occurred on Thursday, August 8th. The shares were sold at an average price of $85.58, for a total value of $248,182.00. Following the completion of the transaction, the insider now owns 27,729 shares of the company’s stock, valued at approximately $2,373,047.82. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 13,715 shares of company stock worth $1,299,729. Insiders own 0.28% of the company’s stock.

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.