Brown Advisory Inc. reduced its position in shares of TransUnion (NYSE:TRU) by 11.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 111,877 shares of the business services provider’s stock after selling 13,919 shares during the period. Brown Advisory Inc. owned 0.06% of TransUnion worth $6,354,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Vanguard Group Inc increased its holdings in TransUnion by 0.7% during the third quarter. Vanguard Group Inc now owns 15,801,372 shares of the business services provider’s stock worth $1,162,665,000 after buying an additional 116,055 shares during the last quarter. BlackRock Inc. increased its holdings in TransUnion by 0.8% during the fourth quarter. BlackRock Inc. now owns 10,179,368 shares of the business services provider’s stock worth $578,186,000 after buying an additional 79,111 shares during the last quarter. Atlanta Capital Management Co. L L C increased its holdings in TransUnion by 7.4% during the fourth quarter. Atlanta Capital Management Co. L L C now owns 8,796,609 shares of the business services provider’s stock worth $499,647,000 after buying an additional 606,359 shares during the last quarter. Massachusetts Financial Services Co. MA increased its holdings in TransUnion by 10.2% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 3,625,889 shares of the business services provider’s stock worth $205,951,000 after buying an additional 334,795 shares during the last quarter. Finally, Investec Asset Management LTD increased its holdings in TransUnion by 51.5% during the fourth quarter. Investec Asset Management LTD now owns 3,418,486 shares of the business services provider’s stock worth $194,170,000 after buying an additional 1,161,718 shares during the last quarter.
TRU opened at $65.13 on Friday. The stock has a market capitalization of $12.11 billion, a PE ratio of 28.19, a price-to-earnings-growth ratio of 3.53 and a beta of 0.95. The company has a debt-to-equity ratio of 2.01, a current ratio of 1.53 and a quick ratio of 1.53. TransUnion has a twelve month low of $52.15 and a twelve month high of $79.48.
TransUnion (NYSE:TRU) last released its quarterly earnings data on Thursday, February 14th. The business services provider reported $0.66 EPS for the quarter, beating analysts’ consensus estimates of $0.57 by $0.09. TransUnion had a net margin of 11.93% and a return on equity of 22.59%. The company had revenue of $624.00 million during the quarter, compared to analyst estimates of $622.98 million. During the same period last year, the business earned $0.50 earnings per share. TransUnion’s revenue was up 23.3% compared to the same quarter last year. On average, equities research analysts anticipate that TransUnion will post 2.35 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 22nd. Stockholders of record on Thursday, March 7th will be given a $0.075 dividend. The ex-dividend date of this dividend is Wednesday, March 6th. This represents a $0.30 dividend on an annualized basis and a dividend yield of 0.46%. TransUnion’s dividend payout ratio (DPR) is currently 12.99%.
In other news, EVP David E. Wojczynski sold 9,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 13th. The shares were sold at an average price of $65.94, for a total value of $593,460.00. Following the completion of the transaction, the executive vice president now directly owns 43,384 shares in the company, valued at $2,860,740.96. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider James M. Peck sold 2,327 shares of the firm’s stock in a transaction that occurred on Tuesday, February 26th. The shares were sold at an average price of $64.14, for a total transaction of $149,253.78. Following the completion of the transaction, the insider now owns 335,243 shares of the company’s stock, valued at $21,502,486.02. The disclosure for this sale can be found here. Insiders sold 213,041 shares of company stock valued at $13,777,553 over the last 90 days. 1.18% of the stock is owned by company insiders.
TRU has been the subject of a number of research analyst reports. Robert W. Baird restated a “buy” rating and set a $73.00 price objective on shares of TransUnion in a report on Friday, December 21st. Deutsche Bank decreased their price objective on shares of TransUnion from $87.00 to $55.00 and set a “buy” rating for the company in a report on Monday, January 14th. Barclays restated a “buy” rating and set a $72.00 price objective on shares of TransUnion in a report on Thursday, January 10th. ValuEngine upgraded shares of TransUnion from a “hold” rating to a “buy” rating in a report on Friday, February 22nd. Finally, Zacks Investment Research upgraded shares of TransUnion from a “sell” rating to a “hold” rating in a report on Tuesday, February 12th. One analyst has rated the stock with a sell rating, five have issued a hold rating and eleven have given a buy rating to the stock. TransUnion has an average rating of “Buy” and a consensus target price of $74.00.
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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