California Public Employees Retirement System Has $23.33 Million Holdings in TransUnion (NYSE:TRU)

California Public Employees Retirement System lifted its holdings in TransUnion (NYSE:TRU) by 16.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 339,512 shares of the business services provider’s stock after acquiring an additional 47,250 shares during the quarter. California Public Employees Retirement System owned approximately 0.18% of TransUnion worth $23,328,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Headlands Technologies LLC acquired a new position in shares of TransUnion in the 3rd quarter worth approximately $27,000. CENTRAL TRUST Co boosted its holdings in shares of TransUnion by 569.3% in the 3rd quarter. CENTRAL TRUST Co now owns 937 shares of the business services provider’s stock worth $67,000 after acquiring an additional 797 shares in the last quarter. CWM LLC boosted its holdings in shares of TransUnion by 35.0% in the 4th quarter. CWM LLC now owns 1,544 shares of the business services provider’s stock worth $106,000 after acquiring an additional 400 shares in the last quarter. NBC Securities Inc. acquired a new position in shares of TransUnion in the 3rd quarter worth approximately $120,000. Finally, Federated Hermes Inc. acquired a new position in TransUnion during the 4th quarter worth $134,000.

Insiders Place Their Bets

In other TransUnion news, insider Steven M. Chaouki sold 1,775 shares of the stock in a transaction dated Monday, April 1st. The stock was sold at an average price of $81.30, for a total transaction of $144,307.50. Following the completion of the transaction, the insider now owns 75,099 shares in the company, valued at approximately $6,105,548.70. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. In other TransUnion news, insider Steven M. Chaouki sold 1,775 shares of the stock in a transaction dated Monday, April 1st. The stock was sold at an average price of $81.30, for a total transaction of $144,307.50. Following the completion of the transaction, the insider now owns 75,099 shares in the company, valued at approximately $6,105,548.70. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Richard Dane Mauldin sold 1,500 shares of the stock in a transaction dated Thursday, March 14th. The stock was sold at an average price of $78.10, for a total value of $117,150.00. Following the transaction, the executive vice president now owns 22,033 shares of the company’s stock, valued at approximately $1,720,777.30. The disclosure for this sale can be found here. In the last 90 days, insiders sold 15,275 shares of company stock worth $1,204,538. Corporate insiders own 0.28% of the company’s stock.

TransUnion Trading Up 0.3 %

TRU opened at $74.49 on Monday. The company has a debt-to-equity ratio of 1.26, a quick ratio of 1.65 and a current ratio of 1.65. TransUnion has a 12 month low of $42.09 and a 12 month high of $82.75. The company has a fifty day simple moving average of $76.32 and a 200 day simple moving average of $67.85.

TransUnion (NYSE:TRU) last released its quarterly earnings data on Thursday, April 25th. The business services provider reported $0.83 EPS for the quarter, beating analysts’ consensus estimates of $0.71 by $0.12. TransUnion had a negative net margin of 7.02% and a positive return on equity of 14.26%. The business had revenue of $1.02 billion during the quarter, compared to analysts’ expectations of $977.62 million. On average, analysts predict that TransUnion will post 3.31 EPS for the current fiscal year.

TransUnion Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 22nd. Shareholders of record on Thursday, March 7th were issued a dividend of $0.105 per share. This represents a $0.42 dividend on an annualized basis and a yield of 0.56%. The ex-dividend date of this dividend was Wednesday, March 6th. TransUnion’s dividend payout ratio (DPR) is presently -29.37%.

Analysts Set New Price Targets

Several research analysts have issued reports on TRU shares. Evercore ISI upped their price objective on TransUnion from $70.00 to $80.00 and gave the stock an “in-line” rating in a report on Tuesday, March 26th. Stifel Nicolaus upped their price objective on TransUnion from $83.00 to $92.00 and gave the stock a “buy” rating in a report on Friday. Truist Financial upped their price objective on TransUnion from $65.00 to $75.00 and gave the stock a “hold” rating in a report on Wednesday, February 14th. Wells Fargo & Company upped their price objective on TransUnion from $80.00 to $85.00 and gave the stock an “overweight” rating in a report on Wednesday, February 14th. Finally, StockNews.com raised TransUnion from a “sell” rating to a “hold” rating in a report on Tuesday, January 23rd. Six analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $83.60.

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.