Mn Services Vermogensbeheer B.V. Cuts Holdings in TransUnion (NYSE:TRU)

Mn Services Vermogensbeheer B.V. reduced its position in TransUnion (NYSE:TRU) by 3.0% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 74,324 shares of the business services provider’s stock after selling 2,300 shares during the period. Mn Services Vermogensbeheer B.V.’s holdings in TransUnion were worth $7,782,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in TRU. Massachusetts Financial Services Co. MA increased its stake in TransUnion by 32.2% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 16,339,762 shares of the business services provider’s stock worth $1,211,757,000 after acquiring an additional 3,977,595 shares during the last quarter. Price T Rowe Associates Inc. MD increased its position in TransUnion by 51.8% in the first quarter. Price T Rowe Associates Inc. MD now owns 6,755,729 shares of the business services provider’s stock worth $539,108,000 after purchasing an additional 2,306,596 shares during the last quarter. CCLA Investment Management increased its position in TransUnion by 104,813.6% in the first quarter. CCLA Investment Management now owns 1,947,196 shares of the business services provider’s stock worth $153,454,000 after purchasing an additional 1,945,340 shares during the last quarter. XN LP raised its stake in TransUnion by 194.7% during the second quarter. XN LP now owns 1,973,684 shares of the business services provider’s stock valued at $146,368,000 after purchasing an additional 1,303,996 shares in the last quarter. Finally, Ninety One UK Ltd lifted its position in TransUnion by 37.4% during the second quarter. Ninety One UK Ltd now owns 2,566,928 shares of the business services provider’s stock valued at $190,363,000 after purchasing an additional 698,580 shares during the last quarter.

Insiders Place Their Bets

In other news, EVP Timothy J. Martin sold 2,500 shares of TransUnion stock in a transaction on Tuesday, October 1st. The stock was sold at an average price of $104.59, for a total value of $261,475.00. Following the transaction, the executive vice president now directly owns 46,739 shares in the company, valued at approximately $4,888,432.01. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In other TransUnion news, EVP Timothy J. Martin sold 2,500 shares of TransUnion stock in a transaction dated Tuesday, October 1st. The stock was sold at an average price of $104.59, for a total value of $261,475.00. Following the transaction, the executive vice president now owns 46,739 shares in the company, valued at $4,888,432.01. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Todd C. Skinner sold 2,900 shares of the firm’s stock in a transaction dated Thursday, August 8th. The shares were sold at an average price of $85.58, for a total transaction of $248,182.00. Following the completion of the sale, the insider now owns 27,729 shares in the company, valued at $2,373,047.82. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 12,715 shares of company stock worth $1,209,589 over the last 90 days. Company insiders own 0.22% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on TRU shares. Oppenheimer boosted their target price on shares of TransUnion from $118.00 to $122.00 and gave the stock an “outperform” rating in a report on Thursday, October 24th. The Goldman Sachs Group boosted their price objective on TransUnion from $97.00 to $109.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 2nd. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $121.00 price objective on shares of TransUnion in a research note on Thursday, October 24th. Barclays boosted their target price on TransUnion from $80.00 to $105.00 and gave the company an “equal weight” rating in a research report on Friday, September 13th. Finally, Wells Fargo & Company raised their price target on TransUnion from $125.00 to $135.00 and gave the stock an “overweight” rating in a research report on Thursday, October 24th. Seven equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $104.53.

TransUnion Stock Up 1.4 %

Shares of NYSE TRU opened at $100.97 on Wednesday. The stock has a 50 day moving average price of $102.43 and a 200 day moving average price of $87.32. The firm has a market capitalization of $19.68 billion, a price-to-earnings ratio of 87.80, a PEG ratio of 1.36 and a beta of 1.62. TransUnion has a 52-week low of $49.36 and a 52-week high of $113.17. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.68 and a current ratio of 1.68.

TransUnion (NYSE:TRU) last announced its quarterly 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 analyst estimates of $1.06 billion. TransUnion had a return on equity of 15.38% and a net margin of 5.47%. The business’s revenue for the quarter was up 12.0% on a year-over-year basis. During the same quarter last year, the firm posted $0.80 earnings per share. Sell-side analysts expect that TransUnion will post 3.46 earnings per share for the current year.

TransUnion Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 9th. Investors of record on Friday, August 23rd were paid a $0.105 dividend. This represents a $0.42 dividend on an annualized basis and a yield of 0.42%. The ex-dividend date was Friday, August 23rd. TransUnion’s dividend payout ratio (DPR) is 36.52%.

TransUnion 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.