Dorsey & Whitney Trust CO LLC Trims Holdings in TransUnion (NYSE:TRU)

Dorsey & Whitney Trust CO LLC decreased its holdings in TransUnion (NYSE:TRU) by 7.0% in the 2nd quarter, Holdings Channel reports. The firm owned 2,853 shares of the business services provider’s stock after selling 215 shares during the period. Dorsey & Whitney Trust CO LLC’s holdings in TransUnion were worth $212,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently bought and sold shares of the company. Vanguard Group Inc. raised its position in TransUnion by 1.3% during the 4th quarter. Vanguard Group Inc. now owns 17,910,715 shares of the business services provider’s stock worth $1,230,645,000 after buying an additional 234,123 shares during the last quarter. Capital International Investors purchased a new position in TransUnion during the 4th quarter worth $663,001,000. Price T Rowe Associates Inc. MD raised its position in TransUnion by 51.8% during the 1st 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 buying an additional 2,306,596 shares during the last quarter. Van ECK Associates Corp raised its position in TransUnion by 12.1% during the 1st quarter. Van ECK Associates Corp now owns 5,316,891 shares of the business services provider’s stock worth $424,288,000 after buying an additional 572,121 shares during the last quarter. Finally, Meritage Group LP raised its position in TransUnion by 2.3% during the 1st quarter. Meritage Group LP now owns 5,147,510 shares of the business services provider’s stock worth $410,771,000 after buying an additional 117,086 shares during the last quarter.

Analyst Ratings Changes

A number of equities analysts have commented on the stock. Needham & Company LLC downgraded shares of TransUnion from a “buy” rating to a “hold” rating in a research report on Wednesday, August 28th. Wells Fargo & Company raised shares of TransUnion to a “strong-buy” rating in a research note on Tuesday, August 13th. Morgan Stanley upped their price target on shares of TransUnion from $96.00 to $103.00 and gave the stock an “overweight” rating in a research note on Thursday. Wolfe Research began coverage on shares of TransUnion in a research note on Tuesday, July 9th. They set a “peer perform” rating on the stock. Finally, The Goldman Sachs Group upped their price target on shares of TransUnion from $87.00 to $97.00 and gave the stock a “neutral” rating in a research note on Tuesday, August 20th. Seven equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $90.33.

Insiders Place Their Bets

In other news, EVP Heather J. Russell sold 7,120 shares of TransUnion stock in a transaction on Friday, June 21st. The stock was sold at an average price of $73.53, for a total value of $523,533.60. Following the completion of the sale, the executive vice president now owns 25,624 shares of the company’s stock, valued at $1,884,132.72. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In other news, CFO Todd M. Cello sold 12,865 shares of the stock in a transaction dated Friday, July 12th. The shares were sold at an average price of $80.00, for a total transaction of $1,029,200.00. Following the transaction, the chief financial officer now directly owns 101,426 shares in the company, valued at approximately $8,114,080. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Heather J. Russell sold 7,120 shares of the business’s stock in a transaction that occurred on Friday, June 21st. The shares were sold at an average price of $73.53, for a total transaction of $523,533.60. Following the completion of the sale, the executive vice president now owns 25,624 shares of the company’s stock, valued at $1,884,132.72. The disclosure for this sale can be found here. Insiders have sold a total of 32,200 shares of company stock valued at $2,665,257 in the last quarter. 0.22% of the stock is currently owned by company insiders.

TransUnion Price Performance

Shares of NYSE TRU opened at $98.15 on Friday. The stock has a market cap of $19.06 billion, a price-to-earnings ratio of -68.64, a PEG ratio of 1.37 and a beta of 1.62. TransUnion has a 52 week low of $42.09 and a 52 week high of $99.00. The company’s 50-day moving average price is $87.61 and its 200 day moving average price is $79.83. The company has a current ratio of 1.66, a quick ratio of 1.66 and a debt-to-equity ratio of 1.22.

TransUnion (NYSE:TRU) last released its earnings results on Thursday, July 25th. The business services provider reported $0.99 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.86 by $0.13. The company had revenue of $1.04 billion for the quarter, compared to analyst estimates of $1.02 billion. TransUnion had a negative net margin of 6.11% and a positive return on equity of 15.03%. The firm’s quarterly revenue was up 7.5% on a year-over-year basis. During the same period in the prior year, the firm earned $0.76 EPS. As a group, research analysts forecast that TransUnion will post 3.44 earnings per share for the current fiscal year.

TransUnion Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 9th. Shareholders of record on Friday, August 23rd were issued a $0.105 dividend. The ex-dividend date of this dividend was Friday, August 23rd. This represents a $0.42 annualized dividend and a yield of 0.43%. TransUnion’s dividend payout ratio (DPR) is presently -29.37%.

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.