California State Teachers Retirement System lifted its stake in TransUnion (NYSE:TRU) by 3.1% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 305,322 shares of the business services provider’s stock after purchasing an additional 9,154 shares during the quarter. California State Teachers Retirement System owned about 0.16% of TransUnion worth $17,342,000 at the end of the most recent reporting period.
Several other institutional investors also recently made changes to their positions in TRU. Karp Capital Management Corp purchased a new position in TransUnion during the 4th quarter valued at $37,000. Ropes Wealth Advisors LLC purchased a new position in TransUnion during the 4th quarter valued at $83,000. Massey Quick Simon & CO. LLC boosted its holdings in TransUnion by 21.6% during the 4th quarter. Massey Quick Simon & CO. LLC now owns 1,550 shares of the business services provider’s stock valued at $88,000 after acquiring an additional 275 shares during the period. Point72 Hong Kong Ltd purchased a new position in TransUnion during the 3rd quarter valued at $101,000. Finally, Flagship Harbor Advisors LLC boosted its holdings in TransUnion by 39.2% during the 4th quarter. Flagship Harbor Advisors LLC now owns 1,860 shares of the business services provider’s stock valued at $105,000 after acquiring an additional 524 shares during the period.
A number of equities analysts recently issued reports on the company. Zacks Investment Research cut TransUnion from a “hold” rating to a “sell” rating in a report on Wednesday, February 20th. Exane BNP Paribas assumed coverage on TransUnion in a report on Friday. They set a “neutral” rating and a $66.00 price objective for the company. BNP Paribas initiated coverage on TransUnion in a report on Friday. They set a “neutral” rating and a $66.00 price objective for the company. ValuEngine raised TransUnion from a “hold” rating to a “buy” rating in a research report on Friday, February 22nd. Finally, Credit Suisse Group initiated coverage on TransUnion in a research report on Friday, December 7th. They set a “neutral” rating and a $70.00 target price for the company. One research analyst has rated the stock with a sell rating, five have issued a hold rating and eleven have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of $74.00.
Shares of NYSE TRU opened at $65.13 on Friday. The company has a debt-to-equity ratio of 2.01, a current ratio of 1.53 and a quick ratio of 1.53. The firm has a market cap of $12.11 billion, a price-to-earnings ratio of 28.19, a PEG ratio of 3.53 and a beta of 0.95. TransUnion has a twelve month low of $52.15 and a twelve month high of $79.48.
TransUnion (NYSE:TRU) last issued its earnings results on Thursday, February 14th. The business services provider reported $0.66 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.57 by $0.09. The business had revenue of $624.00 million during the quarter, compared to analyst estimates of $622.98 million. TransUnion had a return on equity of 22.59% and a net margin of 11.93%. TransUnion’s revenue was up 23.3% on a year-over-year basis. During the same period in the previous year, the company posted $0.50 EPS. Research analysts expect that TransUnion will post 2.35 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Friday, March 22nd. Shareholders of record on Thursday, March 7th will be given a dividend of $0.075 per share. This represents a $0.30 dividend on an annualized basis and a yield of 0.46%. The ex-dividend date is Wednesday, March 6th. TransUnion’s dividend payout ratio (DPR) is presently 12.99%.
In other news, EVP David M. Neenan sold 15,000 shares of the business’s stock in a transaction on Thursday, February 28th. The stock was sold at an average price of $65.00, for a total value of $975,000.00. Following the completion of the transaction, the executive vice president now directly owns 126,653 shares of the company’s stock, valued at approximately $8,232,445. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider James M. Peck sold 2,327 shares of the business’s stock in a transaction on Tuesday, February 26th. The stock was sold at an average price of $64.14, for a total value of $149,253.78. Following the completion of the transaction, the insider now directly owns 335,243 shares of the company’s stock, valued at $21,502,486.02. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 213,041 shares of company stock valued at $13,777,553. 1.18% of the stock is currently owned by corporate insiders.
TransUnion provides risk and information solutions. The company operates in three segments: U.S. Information Services (USIS), International, and Consumer Interactive. The USIS segment provides consumer reports, risk scores, and analytical and decisioning services for businesses. These businesses use 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 investigate potential fraud.
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