2 weeks Ago By ABMN Staff
Raymond James Financial Inc. purchased a new position in TransUnion ( NYSE:TRU – Free Report ) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 172,599 shares of the business services provider’s stock, valued at approximately $16,002,000.
Raymond James Financial Inc. owned approximately 0.09% of TransUnion at the end of the most recent reporting period.
Other institutional investors also recently bought and sold shares of the company. Versant Capital Management Inc grew its holdings in shares of TransUnion by 82.1% during the fourth quarter.
Versant Capital Management Inc now owns 428 shares of the business services provider’s stock valued at $40,000 after buying an additional 193 shares during the last quarter. Aster Capital Management DIFC Ltd purchased a new position in shares of TransUnion in the fourth quarter worth $40,000. Huntington National Bank lifted its holdings in shares of TransUnion by 58.
7% during the fourth quarter. Huntington National Bank now owns 454 shares of the business services provider’s stock valued at $42,000 after purchasing an additional 168 shares in the last quarter. Retirement Wealth Solutions LLC bought a new stake in TransUnion in the 4th quarter worth about $44,000.
Finally, Brown Brothers Harriman & Co. purchased a new position in TransUnion in the 4th quarter worth about $47,000. Wall Street Analyst Weigh In Several research analysts have recently weighed in on TRU shares.
Oppenheimer decreased their price objective on shares of TransUnion from $115.00 to $112.00 and set an “outperform” rating for the company in a report on Tuesday, January 7th.
Bank of America started coverage on TransUnion in a research note on Thursday, April 10th. They issued an “underperform” rating and a $84.00 price target on the stock.
Jefferies Financial Group lowered their target price on TransUnion from $125.00 to $115.00 and set a “buy” rating on the stock in a report on Wednesday, January 15th.
Barclays reduced their price target on shares of TransUnion from $105.00 to $85.00 and set an “equal weight” rating for the company in a research report on Friday, April 4th.
Finally, Morgan Stanley cut their target price on shares of TransUnion from $130.00 to $127.00 and set an “overweight” rating for the company in a research report on Tuesday, January 28th.
One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and nine have given a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $111.
23. Insider Transactions at TransUnion In related news, insider Steven M. Chaouki sold 1,000 shares of the stock in a transaction dated Tuesday, April 1st.
The shares were sold at an average price of $83.31, for a total value of $83,310.00.
Following the sale, the insider now directly owns 77,393 shares of the company’s stock, valued at $6,447,610.83. This represents a 1.
28 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink . Also, EVP Venkat Achanta sold 1,821 shares of the business’s stock in a transaction that occurred on Wednesday, February 26th.
The shares were sold at an average price of $95.74, for a total value of $174,342.54.
Following the transaction, the executive vice president now owns 105,443 shares of the company’s stock, valued at $10,095,112.82. This trade represents a 1.
70 % decrease in their position. The disclosure for this sale can be found here . In the last 90 days, insiders sold 4,021 shares of company stock worth $372,751.
0.22% of the stock is currently owned by company insiders. TransUnion Stock Down 2.
9 % NYSE TRU opened at $70.75 on Tuesday. TransUnion has a 12 month low of $66.
38 and a 12 month high of $113.17. The company has a current ratio of 1.
70, a quick ratio of 1.70 and a debt-to-equity ratio of 1.18.
The stock has a market cap of $13.81 billion, a PE ratio of 48.46, a P/E/G ratio of 1.
18 and a beta of 1.67. The stock’s 50 day moving average is $84.
12 and its 200 day moving average is $93.63. TransUnion ( NYSE:TRU – Get Free Report ) last released its earnings results on Thursday, February 13th.
The business services provider reported $0.83 EPS for the quarter, missing the consensus estimate of $0.97 by ($0.
14). The company had revenue of $1.04 billion during the quarter, compared to analysts’ expectations of $1.
03 billion. TransUnion had a return on equity of 15.85% and a net margin of 6.
80%. Research analysts predict that TransUnion will post 3.99 EPS for the current fiscal year.
TransUnion Increases Dividend The business also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Thursday, February 27th were paid a $0.115 dividend.
This represents a $0.46 annualized dividend and a dividend yield of 0.65%.
This is a positive change from TransUnion’s previous quarterly dividend of $0.11. The ex-dividend date of this dividend was Thursday, February 27th.
TransUnion’s dividend payout ratio (DPR) is presently 31.51%. TransUnion declared that its Board of Directors has approved a share buyback program on Thursday, February 13th that authorizes the company to repurchase $500.
00 million in outstanding shares. This repurchase authorization authorizes the business services provider to repurchase up to 2.6% of its stock through open market purchases.
Stock repurchase programs are generally a sign that the company’s board of directors believes its shares are undervalued. TransUnion Profile ( Free Report ) 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. See Also Receive News & Ratings for TransUnion Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TransUnion and related companies with MarketBeat.
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