Procyon Advisors LLC Has $380,000 Stock Position in TransUnion (NYSE:TRU)

Procyon Advisors LLC reduced its position in TransUnion (NYSE:TRU) by 25.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,101 shares of the business services provider’s stock after selling 1,370 shares during the period. Procyon Advisors LLC’s holdings in TransUnion were worth $380,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in TRU. Huntington National Bank boosted its stake in shares of TransUnion by 84.5% during the 3rd quarter. Huntington National Bank now owns 286 shares of the business services provider’s stock worth $30,000 after acquiring an additional 131 shares in the last quarter. Versant Capital Management Inc boosted its position in TransUnion by 82.1% during the fourth quarter. Versant Capital Management Inc now owns 428 shares of the business services provider’s stock worth $40,000 after purchasing an additional 193 shares during the period. Quarry LP grew its holdings in TransUnion by 963.0% during the second quarter. Quarry LP now owns 574 shares of the business services provider’s stock valued at $43,000 after purchasing an additional 520 shares during the last quarter. True Wealth Design LLC raised its position in shares of TransUnion by 4,590.0% in the third quarter. True Wealth Design LLC now owns 469 shares of the business services provider’s stock valued at $49,000 after purchasing an additional 459 shares during the period. Finally, Signaturefd LLC lifted its stake in shares of 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 buying an additional 103 shares during the last quarter.

TransUnion Stock Performance

NYSE TRU opened at $95.26 on Monday. The firm has a 50-day moving average price of $96.45 and a two-hundred day moving average price of $95.69. TransUnion has a 12-month low of $66.07 and a 12-month high of $113.17. The company has a market capitalization of $18.57 billion, a P/E ratio of 82.83, a P/E/G ratio of 1.02 and a beta of 1.62. The company has a quick ratio of 1.68, a current ratio of 1.68 and a debt-to-equity ratio of 1.19.

TransUnion (NYSE:TRU) last issued its quarterly earnings results on Wednesday, October 23rd. The business services provider reported $1.04 EPS for the quarter, topping analysts’ consensus estimates of $1.01 by $0.03. TransUnion had a return on equity of 15.38% and a net margin of 5.47%. The company had revenue of $1.09 billion for the quarter, compared to analysts’ expectations of $1.06 billion. During the same quarter last year, the business earned $0.80 earnings per share. TransUnion’s revenue was up 12.0% on a year-over-year basis. Analysts anticipate that TransUnion will post 3.44 earnings per share for the current year.

TransUnion Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 9th. Investors of record on Friday, November 22nd were paid a $0.105 dividend. 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 dividend payout ratio (DPR) is presently 36.52%.

Insider Buying and Selling at TransUnion

In related news, insider Steven M. Chaouki sold 1,500 shares of the firm’s stock in a transaction on Friday, November 8th. The stock was sold at an average price of $105.66, for a total transaction of $158,490.00. Following the sale, the insider now owns 62,988 shares of the company’s stock, valued at $6,655,312.08. This trade represents a 2.33 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Todd C. Skinner sold 3,090 shares of TransUnion stock in a transaction dated Friday, November 29th. The shares were 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 $2,469,312.84. The trade was a 11.27 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 19,090 shares of company stock worth $1,916,758 over the last 90 days. Insiders own 0.28% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the stock. Wolfe Research upgraded shares of TransUnion from a “peer perform” rating to an “outperform” rating and set a $130.00 price target for the company in a report on Thursday, October 10th. The Goldman Sachs Group increased their target price on TransUnion from $97.00 to $109.00 and gave the company a “neutral” rating in a research note on Wednesday, October 2nd. UBS Group assumed coverage on TransUnion in a research report on Tuesday, October 1st. They issued a “neutral” rating and a $110.00 price target on the stock. Needham & Company LLC restated a “hold” rating on shares of TransUnion in a research note on Thursday. Finally, Morgan Stanley boosted their target price on shares of TransUnion from $119.00 to $130.00 and gave the stock an “overweight” rating in a research report on Thursday, December 12th. Seven investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $108.19.

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.