Virtu Financial LLC Takes $444,000 Position in TransUnion (NYSE:TRU)

Virtu Financial LLC acquired a new stake in TransUnion (NYSE:TRU) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 4,245 shares of the business services provider’s stock, valued at approximately $444,000.

A number of other hedge funds also recently made changes to their positions in the business. Toronto Dominion Bank lifted its position in shares of TransUnion by 39.3% in the third quarter. Toronto Dominion Bank now owns 25,887 shares of the business services provider’s stock valued at $2,710,000 after buying an additional 7,298 shares during the last quarter. TT International Asset Management LTD lifted its position in shares of TransUnion by 426.4% in the third quarter. TT International Asset Management LTD now owns 26,853 shares of the business services provider’s stock valued at $2,811,000 after buying an additional 21,752 shares during the last quarter. Coldstream Capital Management Inc. acquired a new stake in shares of TransUnion in the third quarter valued at approximately $211,000. Geode Capital Management LLC lifted its position in shares of TransUnion by 1.6% in the third quarter. Geode Capital Management LLC now owns 3,026,934 shares of the business services provider’s stock valued at $316,135,000 after buying an additional 47,663 shares during the last quarter. Finally, M&T Bank Corp lifted its position in shares of TransUnion by 11.8% in the third quarter. M&T Bank Corp now owns 30,531 shares of the business services provider’s stock valued at $3,197,000 after buying an additional 3,232 shares during the last quarter.

TransUnion Price Performance

TransUnion stock opened at $98.43 on Monday. The stock’s fifty day moving average price is $102.39 and its two-hundred day moving average price is $92.16. TransUnion has a one year low of $63.03 and a one year high of $113.17. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.68 and a quick ratio of 1.68. The firm has a market cap of $19.18 billion, a PE ratio of 85.59, a price-to-earnings-growth 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 for the quarter, beating analysts’ consensus estimates of $1.01 by $0.03. The firm had revenue of $1.09 billion for 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%. The company’s revenue was up 12.0% compared to the same quarter last year. During the same quarter last year, the business posted $0.80 EPS. As a group, research analysts expect that TransUnion will post 3.44 EPS for the current fiscal year.

TransUnion Announces Dividend

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

Insider Buying and Selling at TransUnion

In related 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 transaction of $1,200,000.00. Following the sale, the director now owns 27,026 shares of the company’s stock, valued at $2,702,600. This trade represents a 30.75 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Timothy J. Martin sold 2,500 shares of the firm’s stock in a transaction on Tuesday, October 1st. The shares were sold at an average price of $104.59, for a total value of $261,475.00. Following the sale, the executive vice president now directly owns 46,739 shares in the company, valued at approximately $4,888,432.01. This trade represents a 5.08 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 20,590 shares of company stock valued at $2,084,633. 0.22% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of analysts have recently issued reports on TRU shares. UBS Group assumed coverage on TransUnion in a research report on Tuesday, October 1st. They issued a “neutral” rating and a $110.00 price objective for the company. The Goldman Sachs Group increased their target price on TransUnion from $97.00 to $109.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 2nd. 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. Robert W. Baird increased their target price on TransUnion from $104.00 to $130.00 and gave the stock an “outperform” rating in a research note on Thursday, October 24th. Finally, Needham & Company LLC reiterated a “hold” rating on shares of TransUnion in a research note on Thursday, October 24th. Seven equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus 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.