Barclays PLC Sells 26,559 Shares of TransUnion (NYSE:TRU)

Barclays PLC lessened its position in TransUnion (NYSE:TRU) by 10.0% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 238,618 shares of the business services provider’s stock after selling 26,559 shares during the quarter. Barclays PLC owned approximately 0.12% of TransUnion worth $24,984,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of the company. Victory Capital Management Inc. raised its holdings in shares of TransUnion by 24.1% in the second quarter. Victory Capital Management Inc. now owns 3,468,854 shares of the business services provider’s stock valued at $257,250,000 after purchasing an additional 674,187 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. lifted its position in TransUnion by 12.1% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,308,028 shares of the business services provider’s stock worth $136,951,000 after buying an additional 140,952 shares in the last quarter. Blue Trust Inc. boosted its stake in shares of TransUnion by 156.6% during the 2nd quarter. Blue Trust Inc. now owns 857 shares of the business services provider’s stock worth $68,000 after buying an additional 523 shares during the last quarter. FMR LLC grew its holdings in shares of TransUnion by 307.7% in the 3rd quarter. FMR LLC now owns 4,540,896 shares of the business services provider’s stock valued at $475,432,000 after acquiring an additional 3,427,199 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of TransUnion by 3.1% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 89,987 shares of the business services provider’s stock valued at $6,673,000 after acquiring an additional 2,713 shares during the last quarter.

Insider Activity at TransUnion

In related news, insider Steven M. Chaouki sold 1,500 shares of TransUnion stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $100.73, for a total value of $151,095.00. Following the transaction, the insider now directly owns 60,488 shares of the company’s stock, valued at $6,092,956.24. This trade represents a 2.42 % decrease in their ownership of the stock. The sale 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 business’s stock in a transaction that occurred on Tuesday, October 1st. The shares were sold at an average price of $104.59, for a total transaction of $261,475.00. Following the transaction, the executive vice president now owns 46,739 shares of the company’s stock, valued at approximately $4,888,432.01. This represents a 5.08 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 20,590 shares of company stock valued at $2,084,633 over the last quarter. 0.22% of the stock is owned by corporate insiders.

TransUnion Trading Down 1.1 %

TRU stock opened at $98.43 on Friday. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.68 and a current ratio of 1.68. The company has a market capitalization of $19.18 billion, a PE ratio of 85.59, a price-to-earnings-growth ratio of 1.40 and a beta of 1.60. TransUnion has a 52 week low of $63.03 and a 52 week high of $113.17. The company’s 50-day simple moving average is $102.39 and its 200 day simple moving average is $91.92.

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. TransUnion had a net margin of 5.47% and a return on equity of 15.38%. The company 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 business earned $0.80 earnings per share. The firm’s quarterly revenue was up 12.0% on a year-over-year basis. As a group, sell-side analysts anticipate that TransUnion will post 3.44 earnings per share for the current year.

TransUnion Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, December 9th. Investors of record on Friday, November 22nd were given a $0.105 dividend. This represents a $0.42 dividend on an annualized basis and a dividend yield of 0.43%. The ex-dividend date of this dividend was Friday, November 22nd. TransUnion’s payout ratio is currently 36.52%.

Analysts Set New Price Targets

Several brokerages recently commented on TRU. Needham & Company LLC reissued a “hold” rating on shares of TransUnion in a research report on Thursday, October 24th. Morgan Stanley raised their target price on shares of TransUnion from $119.00 to $130.00 and gave the company an “overweight” rating in a research note on Thursday. Royal Bank of Canada reiterated an “outperform” rating and issued a $121.00 price target on shares of TransUnion in a research note on Thursday, October 24th. Wells Fargo & Company boosted their price objective on shares of TransUnion from $125.00 to $135.00 and gave the stock an “overweight” rating in a research note on Thursday, October 24th. Finally, The Goldman Sachs Group raised their target price on shares of TransUnion from $97.00 to $109.00 and gave the company a “neutral” rating in a research note on Wednesday, October 2nd. Seven research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $107.06.

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.