New Century Financial Group LLC Makes New $268,000 Investment in TransUnion (NYSE:TRU)

New Century Financial Group LLC acquired a new stake in TransUnion (NYSE:TRU) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 2,562 shares of the business services provider’s stock, valued at approximately $268,000.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Elo Mutual Pension Insurance Co grew its position 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 acquiring an additional 123 shares during the period. GAMMA Investing LLC increased its position in shares of TransUnion by 32.9% during the 1st quarter. GAMMA Investing LLC now owns 573 shares of the business services provider’s stock worth $46,000 after purchasing an additional 142 shares in the last quarter. V Square Quantitative Management LLC lifted its holdings in TransUnion by 6.4% during the 2nd quarter. V Square Quantitative Management LLC now owns 2,762 shares of the business services provider’s stock valued at $205,000 after purchasing an additional 165 shares during the last quarter. National Bank of Canada FI boosted 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 buying an additional 166 shares in the last quarter. Finally, OLD National Bancorp IN grew its stake in TransUnion by 5.8% during the second quarter. OLD National Bancorp IN now owns 4,599 shares of the business services provider’s stock worth $341,000 after buying an additional 254 shares during the last quarter.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on TRU shares. Wolfe Research raised TransUnion from a “peer perform” rating to an “outperform” rating and set a $130.00 target price on the stock in a report on Thursday, October 10th. Oppenheimer boosted their price objective on TransUnion from $97.00 to $118.00 and gave the stock an “outperform” rating in a research note on Tuesday, October 8th. Robert W. Baird raised their target price on TransUnion from $94.00 to $104.00 and gave the company an “outperform” rating in a research note on Friday, July 26th. The Goldman Sachs Group lifted their price target on TransUnion from $97.00 to $109.00 and gave the company a “neutral” rating in a report on Wednesday, October 2nd. Finally, Royal Bank of Canada increased their price objective on shares of TransUnion from $85.00 to $106.00 and gave the stock an “outperform” rating in a report on Friday, July 26th. Seven equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. Based on data from MarketBeat.com, TransUnion presently has an average rating of “Moderate Buy” and a consensus target price of $98.71.

TransUnion Stock Up 0.8 %

Shares of NYSE:TRU opened at $107.86 on Monday. The company has a 50 day moving average price of $99.96 and a two-hundred day moving average price of $84.79. The company has a market capitalization of $20.96 billion, a PE ratio of -84.93, a PEG ratio of 1.40 and a beta of 1.62. TransUnion has a 52 week low of $42.09 and a 52 week high of $108.56. The company has a debt-to-equity ratio of 1.22, a quick ratio of 1.66 and a current ratio of 1.66.

TransUnion (NYSE:TRU) last issued its quarterly earnings data on Thursday, July 25th. The business services provider reported $0.99 EPS for the quarter, topping the consensus estimate of $0.86 by $0.13. TransUnion had a positive return on equity of 15.03% and a negative net margin of 6.11%. The business had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $1.02 billion. During the same quarter last year, the business posted $0.76 EPS. The firm’s revenue was up 7.5% compared to the same quarter last year. Analysts forecast that TransUnion will post 3.46 earnings per share for the current year.

TransUnion Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 9th. Stockholders of record on Friday, August 23rd were issued a $0.105 dividend. This represents a $0.42 annualized dividend and a dividend yield of 0.39%. The ex-dividend date of this dividend was Friday, August 23rd. TransUnion’s dividend payout ratio (DPR) is presently -33.07%.

Insider Transactions at TransUnion

In related news, CAO Jennifer A. Williams sold 405 shares of the business’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 approximately $686,837.88. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In other news, EVP Heather J. Russell sold 3,173 shares of the business’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 $303,275.34. Following the sale, the executive vice president now owns 19,926 shares of the company’s stock, valued at $1,904,527.08. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CAO Jennifer A. Williams sold 405 shares of the firm’s stock in a transaction on 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 transaction, the chief accounting officer now directly owns 7,186 shares of the company’s stock, valued at approximately $686,837.88. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 13,715 shares of company stock valued at $1,299,729 over the last quarter. Corporate insiders own 0.22% of the company’s stock.

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.