Toronto Dominion Bank Purchases 7,298 Shares of TransUnion (NYSE:TRU)

Toronto Dominion Bank grew its position in TransUnion (NYSE:TRU) by 39.3% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 25,887 shares of the business services provider’s stock after acquiring an additional 7,298 shares during the period. Toronto Dominion Bank’s holdings in TransUnion were worth $2,710,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the company. Victory Capital Management Inc. grew its holdings in TransUnion by 24.1% during the second quarter. Victory Capital Management Inc. now owns 3,468,854 shares of the business services provider’s stock worth $257,250,000 after purchasing an additional 674,187 shares during the period. Sumitomo Mitsui Trust Group Inc. lifted its position in shares of TransUnion by 12.1% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,308,028 shares of the business services provider’s stock valued at $136,951,000 after buying an additional 140,952 shares during the last quarter. Blue Trust Inc. boosted its stake in shares of 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. FMR LLC increased its holdings in shares of TransUnion by 307.7% during the 3rd quarter. FMR LLC now owns 4,540,896 shares of the business services provider’s stock worth $475,432,000 after acquiring an additional 3,427,199 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its stake in TransUnion by 3.1% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 89,987 shares of the business services provider’s stock valued at $6,673,000 after acquiring an additional 2,713 shares during the period.

Insider Activity at TransUnion

In other TransUnion news, Director George M. Awad sold 12,000 shares of the firm’s stock in a transaction on Monday, November 25th. The stock was sold at an average price of $100.00, for a total value of $1,200,000.00. Following the sale, the director now owns 27,026 shares of the company’s stock, valued at approximately $2,702,600. This trade represents a 30.75 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Steven M. Chaouki sold 1,500 shares of the business’s stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $100.73, for a total value of $151,095.00. Following the transaction, the insider now directly owns 60,488 shares of the company’s stock, valued at $6,092,956.24. This trade represents a 2.42 % 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. 0.22% of the stock is owned by insiders.

TransUnion Price Performance

Shares of NYSE TRU opened at $98.43 on Monday. The business has a fifty day moving average price of $102.39 and a two-hundred day moving average price of $92.16. The stock has a market capitalization of $19.18 billion, a PE ratio of 85.59, a P/E/G ratio of 1.37 and a beta of 1.60. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.68 and a quick ratio of 1.68. TransUnion has a fifty-two week low of $63.03 and a fifty-two week high of $113.17.

TransUnion (NYSE:TRU) last posted its quarterly 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. The business had revenue of $1.09 billion during the quarter, compared to the consensus estimate of $1.06 billion. TransUnion had a return on equity of 15.38% and a net margin of 5.47%. TransUnion’s revenue for the quarter was up 12.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.80 earnings per share. As a group, equities analysts predict that TransUnion will post 3.44 earnings per share for the current fiscal year.

TransUnion Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, December 9th. Investors of record on Friday, November 22nd were given a dividend of $0.105 per share. The ex-dividend date was Friday, November 22nd. This represents a $0.42 annualized dividend and a dividend yield of 0.43%. TransUnion’s dividend payout ratio is 36.52%.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. The Goldman Sachs Group lifted their price objective on shares of TransUnion from $97.00 to $109.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 2nd. Morgan Stanley upped their price target on shares of TransUnion from $119.00 to $130.00 and gave the company an “overweight” rating in a research note on Thursday. UBS Group assumed coverage on shares of TransUnion in a report on Tuesday, October 1st. They issued a “neutral” rating and a $110.00 price target on the stock. Oppenheimer reduced their price objective on TransUnion from $122.00 to $115.00 and set an “outperform” rating for the company in a report on Wednesday, November 20th. Finally, Barclays increased their target price 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 investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $107.06.

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.