14,981 Shares in TransUnion (NYSE:TRU) Bought by Avanza Fonder AB

Avanza Fonder AB purchased a new stake in TransUnion (NYSE:TRU) during the fourth quarter, Holdings Channel reports. The institutional investor purchased 14,981 shares of the business services provider’s stock, valued at approximately $1,389,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Sumitomo Mitsui Trust Group Inc. raised its holdings in 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 acquiring an additional 140,952 shares in the last quarter. FMR LLC lifted its position 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 purchasing an additional 3,427,199 shares during the last quarter. Dark Forest Capital Management LP purchased a new stake in shares of TransUnion during the 2nd quarter worth $493,000. Captrust Financial Advisors acquired a new position in shares of TransUnion during the third quarter worth $892,000. Finally, Artemis Investment Management LLP purchased a new position in TransUnion in the third quarter valued at $32,008,000.

Insider Buying and Selling

In related news, Director George M. Awad sold 12,000 shares of TransUnion 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 completion of the transaction, the director now directly owns 27,026 shares of the company’s stock, valued at approximately $2,702,600. The trade was a 30.75 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Steven M. Chaouki sold 1,500 shares of the business’s stock in a transaction on Friday, November 8th. The stock was sold at an average price of $105.66, for a total value of $158,490.00. Following the sale, the insider now owns 62,988 shares in the company, valued at approximately $6,655,312.08. The trade was a 2.33 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 19,090 shares of company stock valued at $1,916,758. Corporate insiders own 0.28% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have issued reports on TRU shares. Oppenheimer decreased their price target on TransUnion from $115.00 to $112.00 and set an “outperform” rating for the company in a report on Tuesday, January 7th. Royal Bank of Canada reiterated an “outperform” rating and issued a $121.00 price target on shares of TransUnion in a research note on Thursday, October 24th. Morgan Stanley raised their price objective on shares of TransUnion from $119.00 to $130.00 and gave the stock an “overweight” rating in a report on Thursday, December 12th. The Goldman Sachs Group upped their target price on shares of TransUnion from $97.00 to $109.00 and gave the company a “neutral” rating in a report on Wednesday, October 2nd. Finally, Wolfe Research raised shares of TransUnion from a “peer perform” rating to an “outperform” rating and set a $130.00 price target for the company in a research report on Thursday, October 10th. Seven equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. According to data from MarketBeat, TransUnion presently has a consensus rating of “Moderate Buy” and a consensus target price of $108.19.

TransUnion Price Performance

Shares of NYSE:TRU opened at $95.26 on Friday. TransUnion has a 52 week low of $66.07 and a 52 week high of $113.17. The company has a 50-day moving average price of $96.45 and a 200 day moving average price of $95.55. The company has a market cap of $18.57 billion, a P/E ratio of 82.83, a PEG ratio of 1.02 and a beta of 1.62. The company has a quick ratio of 1.68, a current ratio of 1.68 and a debt-to-equity ratio of 1.19.

TransUnion (NYSE:TRU) last posted its quarterly 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 for the quarter was up 12.0% compared to the same quarter last year. During the same period in the previous year, the business earned $0.80 earnings per share. Research analysts predict that TransUnion will post 3.44 earnings per share for the current year.

TransUnion Announces Dividend

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 $0.105 dividend. This represents a $0.42 annualized dividend and a dividend yield of 0.44%. The ex-dividend date of this dividend was Friday, November 22nd. TransUnion’s dividend payout ratio (DPR) is 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.