TransUnion (NYSE:TRU) Shares Purchased by HighTower Advisors LLC

HighTower Advisors LLC grew its stake in shares of TransUnion (NYSE:TRU) by 14.5% during the third quarter, HoldingsChannel reports. The firm owned 6,453 shares of the business services provider’s stock after buying an additional 819 shares during the period. HighTower Advisors LLC’s holdings in TransUnion were worth $674,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Huntington National Bank lifted its position in TransUnion by 84.5% during the 3rd quarter. Huntington National Bank now owns 286 shares of the business services provider’s stock worth $30,000 after acquiring an additional 131 shares in the last quarter. Quarry LP lifted its position in shares of TransUnion by 963.0% during the second quarter. Quarry LP now owns 574 shares of the business services provider’s stock worth $43,000 after purchasing an additional 520 shares in the last quarter. True Wealth Design LLC boosted its stake in shares of TransUnion by 4,590.0% in the third quarter. True Wealth Design LLC now owns 469 shares of the business services provider’s stock valued at $49,000 after purchasing an additional 459 shares during the period. National Bank of Canada FI grew its holdings in TransUnion by 22.3% during the 2nd quarter. National Bank of Canada FI now owns 910 shares of the business services provider’s stock valued at $66,000 after purchasing an additional 166 shares in the last quarter. Finally, Blue Trust Inc. increased its stake 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 buying an additional 523 shares during the period.

TransUnion Trading Up 0.2 %

TransUnion stock opened at $92.95 on Friday. TransUnion has a 1 year low of $63.03 and a 1 year high of $113.17. The firm’s 50-day moving average is $101.86 and its 200-day moving average is $92.55. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.68 and a current ratio of 1.68. The company has a market cap of $18.12 billion, a P/E ratio of 80.83, a PEG ratio of 1.37 and a beta of 1.60.

TransUnion (NYSE:TRU) last issued its earnings results on Wednesday, October 23rd. The business services provider reported $1.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.01 by $0.03. The firm had revenue of $1.09 billion for the quarter, compared to analysts’ expectations of $1.06 billion. TransUnion had a net margin of 5.47% and a return on equity of 15.38%. TransUnion’s revenue was up 12.0% on a year-over-year basis. During the same quarter last year, the company posted $0.80 earnings per share. On average, equities analysts expect that TransUnion will post 3.44 earnings per share for the current year.

TransUnion Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 9th. Investors of record on Friday, November 22nd were paid a dividend of $0.105 per share. The ex-dividend date of this dividend was Friday, November 22nd. This represents a $0.42 dividend on an annualized basis and a yield of 0.45%. TransUnion’s payout ratio is currently 36.52%.

Insiders Place Their Bets

In other TransUnion news, EVP Timothy J. Martin sold 2,500 shares of the business’s stock in a transaction dated Tuesday, October 1st. The shares were sold at an average price of $104.59, for a total transaction of $261,475.00. Following the completion of the transaction, the executive vice president now directly owns 46,739 shares of the company’s stock, valued at $4,888,432.01. The trade was a 5.08 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director George M. Awad sold 12,000 shares of the firm’s stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $100.00, for a total transaction of $1,200,000.00. Following the completion of the sale, the director now owns 27,026 shares in the company, valued at $2,702,600. The trade was a 30.75 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 20,590 shares of company stock valued at $2,084,633 over the last three months. Company insiders own 0.22% of the company’s stock.

Wall Street Analysts Forecast Growth

TRU has been the subject of a number of analyst reports. Royal Bank of Canada reissued an “outperform” rating and issued a $121.00 price objective on shares of TransUnion in a research report on Thursday, October 24th. UBS Group began coverage on TransUnion in a research note on Tuesday, October 1st. They set a “neutral” rating and a $110.00 price objective for the company. Morgan Stanley upped their target price on TransUnion from $119.00 to $130.00 and gave the company an “overweight” rating in a research report on Thursday, December 12th. Needham & Company LLC reissued a “hold” rating on shares of TransUnion in a research report on Thursday, October 24th. Finally, Barclays lifted their price target on shares of TransUnion from $80.00 to $105.00 and gave the stock an “equal weight” rating in a research note on Friday, September 13th. Seven research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $107.06.

TransUnion Company 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.