Rovin Capital UT ADV Cuts Stock Position in TransUnion (NYSE:TRU)

Rovin Capital UT ADV decreased its holdings in TransUnion (NYSE:TRU) by 13.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 8,064 shares of the business services provider’s stock after selling 1,277 shares during the quarter. Rovin Capital UT ADV’s holdings in TransUnion were worth $844,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the business. Signaturefd LLC lifted its stake in TransUnion by 15.0% in 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 increased its stake in TransUnion by 0.7% in 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 purchasing an additional 123 shares during the last quarter. V Square Quantitative Management LLC raised its holdings in TransUnion by 6.4% during the second quarter. V Square Quantitative Management LLC now owns 2,762 shares of the business services provider’s stock worth $205,000 after purchasing an additional 165 shares in the last quarter. National Bank of Canada FI lifted its position in TransUnion by 22.3% in the second quarter. National Bank of Canada FI now owns 910 shares of the business services provider’s stock valued at $66,000 after acquiring an additional 166 shares during the last quarter. Finally, OLD National Bancorp IN boosted its position in shares of TransUnion by 5.8% in the 2nd quarter. OLD National Bancorp IN now owns 4,599 shares of the business services provider’s stock valued at $341,000 after purchasing an additional 254 shares during the period.

TransUnion Trading Up 0.2 %

Shares of TRU stock opened at $106.62 on Friday. TransUnion has a fifty-two week low of $51.40 and a fifty-two week high of $113.17. The firm’s 50 day moving average price is $103.02 and its two-hundred day moving average price is $87.84. The company has a quick ratio of 1.68, a current ratio of 1.68 and a debt-to-equity ratio of 1.19. The stock has a market cap of $20.78 billion, a price-to-earnings ratio of 92.71, a price-to-earnings-growth ratio of 1.42 and a beta of 1.62.

TransUnion (NYSE:TRU) last released its quarterly earnings results on Wednesday, October 23rd. The business services provider reported $1.04 earnings per share for the quarter, beating analysts’ consensus estimates of $1.01 by $0.03. The business had revenue of $1.09 billion during the quarter, compared to analyst estimates of $1.06 billion. TransUnion had a net margin of 5.47% and a return on equity of 15.38%. The business’s revenue was up 12.0% on a year-over-year basis. During the same period last year, the business earned $0.80 EPS. On average, analysts anticipate that TransUnion will post 3.46 EPS for the current year.

TransUnion Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 9th. Investors of record on Friday, November 22nd will be issued a $0.105 dividend. This represents a $0.42 dividend on an annualized basis and a yield of 0.39%. The ex-dividend date of this dividend is Friday, November 22nd. TransUnion’s dividend payout ratio is currently 36.52%.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on TRU. Stifel Nicolaus upped their target price on shares of TransUnion from $103.00 to $120.00 and gave the company a “buy” rating in a report on Thursday, October 24th. Morgan Stanley upped their price objective on shares of TransUnion from $103.00 to $119.00 and gave the stock an “overweight” rating in a research report on Thursday, October 24th. Wolfe Research raised TransUnion from a “peer perform” rating to an “outperform” rating and set a $130.00 price objective on the stock in a report on Thursday, October 10th. Robert W. Baird increased their target price on TransUnion from $104.00 to $130.00 and gave the stock an “outperform” rating in a research note on Thursday, October 24th. Finally, Royal Bank of Canada restated an “outperform” rating and issued a $121.00 price target on shares of TransUnion in a research note on Thursday, October 24th. Seven research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. Based on data from MarketBeat, TransUnion currently has a consensus rating of “Moderate Buy” and a consensus price target of $104.53.

Insider Buying and Selling at TransUnion

In related news, CAO Jennifer A. Williams sold 405 shares of the company’s stock in a transaction on Thursday, August 29th. The shares were sold at an average price of $95.58, for a total value of $38,709.90. Following the sale, the chief accounting officer now directly owns 7,186 shares of the company’s stock, valued at $686,837.88. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. In related news, insider Steven M. Chaouki sold 1,000 shares of the company’s stock in a transaction on Tuesday, September 3rd. The stock was sold at an average price of $95.65, for a total transaction of $95,650.00. Following the completion of the transaction, the insider now directly owns 64,488 shares in the company, valued at $6,168,277.20. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Jennifer A. Williams sold 405 shares of TransUnion stock in a transaction dated Thursday, August 29th. The shares were sold at an average price of $95.58, for a total transaction of $38,709.90. Following the completion of the sale, the chief accounting officer now owns 7,186 shares in the company, valued at approximately $686,837.88. 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 9,815 shares of company stock worth $961,407 in the last 90 days. 0.22% of the stock is owned by corporate insiders.

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.