Stifel Financial Corp Raises Holdings in TransUnion (NYSE:TRU)

Stifel Financial Corp increased its position in TransUnion (NYSE:TRU) by 6.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 62,480 shares of the business services provider’s stock after buying an additional 3,896 shares during the quarter. Stifel Financial Corp’s holdings in TransUnion were worth $6,542,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in TRU. CWM LLC raised its position in shares of TransUnion by 39.8% in the 2nd quarter. CWM LLC now owns 2,342 shares of the business services provider’s stock worth $174,000 after buying an additional 667 shares during the period. Assenagon Asset Management S.A. raised its position in TransUnion by 276.9% in the second quarter. Assenagon Asset Management S.A. now owns 22,299 shares of the business services provider’s stock valued at $1,654,000 after purchasing an additional 16,382 shares during the period. Blue Trust Inc. raised its position in TransUnion by 156.6% in the second quarter. Blue Trust Inc. now owns 857 shares of the business services provider’s stock valued at $68,000 after purchasing an additional 523 shares during the period. Ninety One UK Ltd raised its position in TransUnion by 37.4% in the second quarter. Ninety One UK Ltd now owns 2,566,928 shares of the business services provider’s stock valued at $190,363,000 after purchasing an additional 698,580 shares during the period. Finally, AMG National Trust Bank purchased a new position in TransUnion in the second quarter valued at about $202,000.

Insider Activity

In other news, insider Todd C. Skinner sold 3,090 shares of TransUnion stock in a transaction that occurred on Friday, November 29th. The stock was sold at an average price of $101.48, for a total transaction of $313,573.20. Following the sale, the insider now owns 24,333 shares of the company’s stock, valued at approximately $2,469,312.84. The trade was a 11.27 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director George M. Awad sold 12,000 shares of TransUnion stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $100.00, for a total value of $1,200,000.00. Following the sale, the director now directly owns 27,026 shares in the company, valued at approximately $2,702,600. This trade represents a 30.75 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 20,590 shares of company stock valued at $2,084,633. Insiders own 0.22% of the company’s stock.

Analyst Upgrades and Downgrades

TRU has been the topic of several research reports. Stifel Nicolaus raised their price objective on TransUnion from $103.00 to $120.00 and gave the company a “buy” rating in a research report on Thursday, October 24th. Robert W. Baird raised their target price on TransUnion from $104.00 to $130.00 and gave the company an “outperform” rating in a research note on Thursday, October 24th. UBS Group initiated coverage on TransUnion in a research note on Tuesday, October 1st. They set a “neutral” rating and a $110.00 target price for the company. Needham & Company LLC restated a “hold” rating on shares of TransUnion in a research note on Thursday, October 24th. Finally, The Goldman Sachs Group raised their target price on TransUnion from $97.00 to $109.00 and gave the company a “neutral” rating in a research note on Wednesday, October 2nd. Seven equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $107.06.

TransUnion Stock Performance

Shares of TRU stock opened at $98.43 on Friday. The company has a quick ratio of 1.68, a current ratio of 1.68 and a debt-to-equity ratio of 1.19. The business has a 50 day moving average of $102.39 and a two-hundred day moving average of $91.92. TransUnion has a 52 week low of $63.03 and a 52 week high of $113.17. The company has a market cap of $19.18 billion, a P/E ratio of 85.59, a PEG ratio of 1.40 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 EPS for the quarter, beating analysts’ consensus estimates 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 in the previous year, the firm posted $0.80 earnings per share. TransUnion’s quarterly revenue was up 12.0% compared to the same quarter last year. As a group, analysts anticipate that TransUnion will post 3.44 EPS for the current year.

TransUnion Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, December 9th. Stockholders of record on Friday, November 22nd were issued a dividend of $0.105 per share. The ex-dividend date was Friday, November 22nd. This represents a $0.42 dividend on an annualized basis and a dividend yield of 0.43%. TransUnion’s dividend payout ratio (DPR) is presently 36.52%.

TransUnion 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.