TransUnion (NYSE:TRU) Position Raised by Cerity Partners LLC

Cerity Partners LLC lifted its position in shares of TransUnion (NYSE:TRU) by 547.1% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 41,608 shares of the business services provider’s stock after acquiring an additional 35,178 shares during the period. Cerity Partners LLC’s holdings in TransUnion were worth $4,356,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Huntington National Bank grew its position in TransUnion by 84.5% in the 3rd quarter. Huntington National Bank now owns 286 shares of the business services provider’s stock worth $30,000 after purchasing an additional 131 shares during the last quarter. Quarry LP grew its holdings in TransUnion by 963.0% in the 2nd quarter. Quarry LP now owns 574 shares of the business services provider’s stock worth $43,000 after buying an additional 520 shares in the last quarter. National Bank of Canada FI increased its position in TransUnion by 22.3% in the 2nd quarter. National Bank of Canada FI now owns 910 shares of the business services provider’s stock valued at $66,000 after acquiring an additional 166 shares during the period. Blue Trust Inc. boosted its position in TransUnion by 156.6% during the 2nd quarter. Blue Trust Inc. now owns 857 shares of the business services provider’s stock worth $68,000 after acquiring an additional 523 shares during the period. Finally, Ridgewood Investments LLC bought a new position in shares of TransUnion in the second quarter worth $75,000.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on TRU shares. Oppenheimer reduced their price objective on shares of TransUnion from $122.00 to $115.00 and set an “outperform” rating for the company in a report on Wednesday, November 20th. Wells Fargo & Company increased their price objective on shares of TransUnion from $125.00 to $135.00 and gave the company an “overweight” rating in a report on Thursday, October 24th. Wolfe Research raised TransUnion from a “peer perform” rating to an “outperform” rating and set a $130.00 target price on the stock in a report on Thursday, October 10th. Morgan Stanley increased their price target on TransUnion from $103.00 to $119.00 and gave the company an “overweight” rating in a research note on Thursday, October 24th. Finally, Barclays boosted their price objective on TransUnion from $80.00 to $105.00 and gave the stock an “equal weight” rating in a research note on Friday, September 13th. Seven analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. Based on data from MarketBeat, TransUnion presently has an average rating of “Moderate Buy” and a consensus price target of $106.38.

Insider Buying and Selling

In other TransUnion news, insider Steven M. Chaouki sold 1,000 shares of the stock in a transaction that occurred on Tuesday, September 3rd. The shares were sold at an average price of $95.65, for a total value of $95,650.00. Following the completion of the sale, the insider now owns 64,488 shares in the company, valued at $6,168,277.20. This represents a 1.53 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Timothy J. Martin sold 2,500 shares of TransUnion stock in a transaction on Tuesday, September 3rd. The shares were sold at an average price of $95.65, for a total transaction of $239,125.00. Following the sale, the executive vice president now directly owns 49,239 shares of the company’s stock, valued at $4,709,710.35. This trade represents a 4.83 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 19,500 shares of company stock valued at $1,954,740. Corporate insiders own 0.28% of the company’s stock.

TransUnion Price Performance

TRU stock opened at $101.00 on Friday. TransUnion has a one year low of $56.85 and a one year high of $113.17. The firm has a 50-day moving average of $103.70 and a two-hundred day moving average of $90.18. The firm has a market capitalization of $19.68 billion, a PE ratio of 87.83, a P/E/G ratio of 1.42 and a beta of 1.62. The company has a current ratio of 1.68, a quick ratio of 1.68 and a debt-to-equity ratio of 1.19.

TransUnion (NYSE:TRU) last issued its quarterly earnings results on Wednesday, October 23rd. The business services provider reported $1.04 EPS for the quarter, beating the consensus estimate of $1.01 by $0.03. TransUnion had a net margin of 5.47% and a return on equity of 15.38%. The business had revenue of $1.09 billion during the quarter, compared to the consensus estimate of $1.06 billion. During the same quarter in the prior year, the firm earned $0.80 EPS. The firm’s quarterly revenue was up 12.0% on a year-over-year basis. On average, analysts forecast that TransUnion will post 3.45 earnings per share for the current year.

TransUnion Announces Dividend

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

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.