Jefferies Financial Group Inc. lowered its position in shares of TransUnion (NYSE:TRU – Free Report) by 41.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 13,175 shares of the business services provider’s stock after selling 9,325 shares during the period. Jefferies Financial Group Inc.’s holdings in TransUnion were worth $1,130,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds and other institutional investors have also made changes to their positions in TRU. Eagle Bay Advisors LLC acquired a new stake in shares of TransUnion during the 4th quarter worth approximately $25,000. Board of the Pension Protection Fund acquired a new stake in shares of TransUnion during the 4th quarter worth approximately $26,000. Geneos Wealth Management Inc. increased its holdings in shares of TransUnion by 1,318.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 312 shares of the business services provider’s stock worth $26,000 after buying an additional 290 shares during the last quarter. True Wealth Design LLC increased its holdings in shares of TransUnion by 200.8% during the 4th quarter. True Wealth Design LLC now owns 367 shares of the business services provider’s stock worth $31,000 after buying an additional 245 shares during the last quarter. Finally, Cornerstone Planning Group LLC increased its holdings in shares of TransUnion by 130.2% during the 4th quarter. Cornerstone Planning Group LLC now owns 389 shares of the business services provider’s stock worth $32,000 after buying an additional 220 shares during the last quarter.
TransUnion Stock Performance
NYSE:TRU opened at $71.62 on Friday. The company has a fifty day simple moving average of $70.57 and a two-hundred day simple moving average of $77.07. The company has a market cap of $13.81 billion, a price-to-earnings ratio of 19.84, a price-to-earnings-growth ratio of 1.25 and a beta of 1.57. The company has a quick ratio of 1.93, a current ratio of 1.93 and a debt-to-equity ratio of 1.10. TransUnion has a 52 week low of $64.51 and a 52 week high of $99.39.
TransUnion Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 11th. Shareholders of record on Wednesday, May 27th will be paid a $0.125 dividend. The ex-dividend date is Wednesday, May 27th. This represents a $0.50 annualized dividend and a dividend yield of 0.7%. TransUnion’s payout ratio is 13.85%.
Wall Street Analyst Weigh In
Several analysts recently weighed in on TRU shares. JPMorgan Chase & Co. dropped their target price on shares of TransUnion from $95.00 to $90.00 and set an “overweight” rating for the company in a report on Wednesday, April 29th. UBS Group dropped their target price on shares of TransUnion from $72.00 to $69.00 and set a “neutral” rating for the company in a report on Monday, April 13th. Weiss Ratings downgraded shares of TransUnion from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday, May 8th. Stifel Nicolaus dropped their target price on shares of TransUnion from $103.00 to $88.00 and set a “buy” rating for the company in a report on Friday, February 13th. Finally, Morgan Stanley dropped their target price on shares of TransUnion from $105.00 to $100.00 and set an “overweight” rating for the company in a report on Wednesday, March 11th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, TransUnion presently has an average rating of “Moderate Buy” and an average price target of $91.27.
Check Out Our Latest Stock Report on TRU
Insider Buying and Selling at TransUnion
In related news, EVP Heather J. Russell sold 4,067 shares of the business’s stock in a transaction on Friday, March 6th. The shares were sold at an average price of $77.37, for a total transaction of $314,663.79. Following the completion of the transaction, the executive vice president owned 41,063 shares in the company, valued at approximately $3,177,044.31. The trade was a 9.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CAO Jennifer A. Williams sold 1,679 shares of the business’s stock in a transaction on Tuesday, March 3rd. The stock was sold at an average price of $80.00, for a total transaction of $134,320.00. Following the transaction, the chief accounting officer owned 7,219 shares of the company’s stock, valued at approximately $577,520. The trade was a 18.87% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 18,729 shares of company stock worth $1,387,839. 0.37% of the stock is currently owned by insiders.
TransUnion Profile
TransUnion is a global information and insights company that helps businesses and consumers make critical decisions using data and analytics. As one of the three major credit bureaus in the United States, TransUnion collects and aggregates credit information on individuals and businesses, providing credit reports, risk scores and portfolio management tools to financial institutions, lenders, landlords and other decision makers. Its consumer-facing products enable individuals to monitor credit status, detect identity theft and access personalized financial insights.
The company’s offerings span credit risk assessment, identity management, fraud prevention and marketing solutions.
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