Ameritas Advisory Services LLC Grows Stake in TransUnion (NYSE:TRU)

Ameritas Advisory Services LLC raised its position in TransUnion (NYSE:TRU) by 2.3% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 14,274 shares of the business services provider’s stock after acquiring an additional 324 shares during the quarter. Ameritas Advisory Services LLC’s holdings in TransUnion were worth $1,323,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of TRU. Sumitomo Mitsui Trust Group Inc. boosted its holdings in shares of TransUnion by 12.1% in 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 buying an additional 140,952 shares during the last quarter. FMR LLC raised its holdings in TransUnion by 307.7% in the 3rd quarter. FMR LLC now owns 4,540,896 shares of the business services provider’s stock worth $475,432,000 after purchasing an additional 3,427,199 shares during the period. Dark Forest Capital Management LP purchased a new position in TransUnion during the second quarter valued at $493,000. Captrust Financial Advisors bought a new stake in TransUnion during the third quarter valued at about $892,000. Finally, Artemis Investment Management LLP bought a new position in shares of TransUnion in the third quarter worth about $32,008,000.

Insider Activity

In other news, insider Todd C. Skinner sold 3,090 shares of the stock in a transaction that occurred on Friday, November 29th. The stock was sold at an average price of $101.48, for a total value of $313,573.20. Following the sale, the insider now directly owns 24,333 shares in the company, valued at approximately $2,469,312.84. This represents a 11.27 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Steven M. Chaouki sold 1,500 shares of the business’s stock in a transaction on Friday, November 8th. The shares were sold at an average price of $105.66, for a total value of $158,490.00. Following the transaction, the insider now owns 62,988 shares of the company’s stock, valued at approximately $6,655,312.08. The trade was a 2.33 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 19,090 shares of company stock valued at $1,916,758. 0.22% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several research firms recently issued reports on TRU. The Goldman Sachs Group increased their target price on shares of TransUnion from $97.00 to $109.00 and gave the stock a “neutral” rating in a report on Wednesday, October 2nd. Jefferies Financial Group decreased their price objective on shares of TransUnion from $125.00 to $115.00 and set a “buy” rating on the stock in a research report on Wednesday, January 15th. Oppenheimer dropped their target price on shares of TransUnion from $115.00 to $112.00 and set an “outperform” rating for the company in a report on Tuesday, January 7th. Wells Fargo & Company decreased their price target on TransUnion from $135.00 to $126.00 and set an “overweight” rating on the stock in a report on Friday, January 10th. Finally, Needham & Company LLC reiterated a “hold” rating on shares of TransUnion in a research report on Thursday, January 16th. Seven research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $108.19.

TransUnion Stock Up 0.5 %

Shares of NYSE TRU opened at $95.26 on Tuesday. 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 has a 12-month low of $66.07 and a 12-month high of $113.17. The firm’s 50-day moving average price is $96.22 and its 200-day moving average price is $95.83. The stock has a market capitalization of $18.57 billion, a price-to-earnings ratio of 82.83, a P/E/G ratio of 1.02 and a beta of 1.62.

TransUnion (NYSE:TRU) last issued its quarterly earnings data on Wednesday, October 23rd. The business services provider reported $1.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.01 by $0.03. The business had revenue of $1.09 billion for the quarter, compared to the consensus estimate of $1.06 billion. TransUnion had a return on equity of 15.38% and a net margin of 5.47%. The company’s quarterly revenue was up 12.0% compared to the same quarter last year. During the same period in the prior year, the business posted $0.80 earnings per share. On average, equities research analysts anticipate that TransUnion will post 3.44 EPS for the current fiscal year.

TransUnion Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 9th. Shareholders of record on Friday, November 22nd were paid a dividend of $0.105 per share. This represents a $0.42 annualized dividend and a yield of 0.44%. The ex-dividend date of this dividend was Friday, November 22nd. TransUnion’s payout ratio is 36.52%.

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.