B. Metzler seel. Sohn & Co. Holding AG Takes Position in TransUnion (NYSE:TRU)

B. Metzler seel. Sohn & Co. Holding AG purchased a new position in TransUnion (NYSE:TRU) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 9,571 shares of the business services provider’s stock, valued at approximately $1,002,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Zevin Asset Management LLC lifted its stake in TransUnion by 0.7% in the third quarter. Zevin Asset Management LLC now owns 99,183 shares of the business services provider’s stock worth $10,384,000 after acquiring an additional 642 shares during the period. Quest Partners LLC lifted its stake in TransUnion by 45.5% in the third quarter. Quest Partners LLC now owns 3,204 shares of the business services provider’s stock worth $335,000 after acquiring an additional 1,002 shares during the period. Natixis Advisors LLC lifted its stake in TransUnion by 1.8% in the third quarter. Natixis Advisors LLC now owns 23,095 shares of the business services provider’s stock worth $2,418,000 after acquiring an additional 399 shares during the period. Mizuho Markets Americas LLC purchased a new stake in TransUnion in the third quarter worth $229,000. Finally, CIBC Asset Management Inc lifted its stake in TransUnion by 5.3% in the third quarter. CIBC Asset Management Inc now owns 6,859 shares of the business services provider’s stock worth $718,000 after acquiring an additional 347 shares during the period.

Analysts Set New Price Targets

TRU has been the subject of a number of research reports. Needham & Company LLC reiterated a “hold” rating on shares of TransUnion in a report on Thursday, October 24th. Oppenheimer decreased their price objective on TransUnion from $122.00 to $115.00 and set an “outperform” rating for the company in a report on Wednesday. Wells Fargo & Company increased their price objective on TransUnion from $125.00 to $135.00 and gave the stock an “overweight” rating in a report on Thursday, October 24th. Royal Bank of Canada reiterated an “outperform” rating and issued a $121.00 price objective on shares of TransUnion in a report on Thursday, October 24th. Finally, Robert W. Baird increased their price objective on TransUnion from $104.00 to $130.00 and gave the stock an “outperform” rating in a report on Thursday, October 24th. Seven analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $106.38.

TransUnion Price Performance

NYSE TRU opened at $99.13 on Friday. TransUnion has a one year low of $56.85 and a one year high of $113.17. The stock has a 50-day moving average of $103.67 and a 200 day moving average of $89.61. The company has a market capitalization of $19.32 billion, a price-to-earnings ratio of 86.20, a PEG ratio of 1.37 and a beta of 1.62. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.68 and a current ratio of 1.68.

TransUnion (NYSE:TRU) last released its quarterly earnings data on Wednesday, October 23rd. The business services provider reported $1.04 EPS for the quarter, topping the consensus estimate 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 during the quarter, compared to the consensus estimate of $1.06 billion. During the same period last year, the company earned $0.80 EPS. TransUnion’s revenue for the quarter was up 12.0% on a year-over-year basis. On average, sell-side analysts forecast that TransUnion will post 3.46 EPS for the current year.

TransUnion Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 9th. Investors of record on Friday, November 22nd will be issued a $0.105 dividend. The ex-dividend date is Friday, November 22nd. This represents a $0.42 annualized dividend and a yield of 0.42%. TransUnion’s payout ratio is 36.52%.

Insider Buying and Selling

In other TransUnion news, EVP Heather J. Russell sold 3,173 shares of the firm’s stock in a transaction dated Thursday, August 29th. The stock was sold at an average price of $95.58, for a total value of $303,275.34. Following the transaction, the executive vice president now directly owns 19,926 shares of the company’s stock, valued at approximately $1,904,527.08. This trade represents a 13.74 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CAO Jennifer A. Williams sold 405 shares of the firm’s stock in a transaction dated Thursday, August 29th. The stock was sold at an average price of $95.58, for a total value of $38,709.90. Following the completion of the transaction, the chief accounting officer now directly owns 7,186 shares in the company, valued at $686,837.88. The trade was a 5.34 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 11,315 shares of company stock worth $1,119,897. 0.22% of the stock is owned by corporate insiders.

About TransUnion

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.