DekaBank Deutsche Girozentrale Decreases Stake in TransUnion (NYSE:TRU)

DekaBank Deutsche Girozentrale reduced its position in TransUnion (NYSE:TRUGet Rating) by 8.5% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 63,540 shares of the business services provider’s stock after selling 5,926 shares during the period. DekaBank Deutsche Girozentrale’s holdings in TransUnion were worth $3,764,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the company. Running Oak Capital LLC purchased a new stake in shares of TransUnion in the third quarter worth about $4,348,000. Stephens Inc. AR purchased a new stake in TransUnion during the third quarter valued at approximately $347,000. Kestra Advisory Services LLC raised its position in TransUnion by 8.4% during the third quarter. Kestra Advisory Services LLC now owns 8,280 shares of the business services provider’s stock valued at $493,000 after purchasing an additional 641 shares during the period. Great West Life Assurance Co. Can purchased a new stake in TransUnion during the third quarter valued at approximately $8,398,000. Finally, Sentry Investment Management LLC purchased a new stake in TransUnion during the third quarter valued at approximately $33,000. 95.02% of the stock is currently owned by hedge funds and other institutional investors.

TransUnion Stock Up 3.8 %

Shares of NYSE:TRU opened at $67.85 on Monday. TransUnion has a 52-week low of $50.32 and a 52-week high of $105.23. The stock has a market cap of $13.07 billion, a P/E ratio of 10.57, a price-to-earnings-growth ratio of 0.64 and a beta of 1.30. The business’s 50 day moving average is $61.09 and its 200 day moving average is $67.06. The company has a quick ratio of 1.73, a current ratio of 1.73 and a debt-to-equity ratio of 1.39.

TransUnion (NYSE:TRUGet Rating) last posted its earnings results on Tuesday, October 25th. The business services provider reported $0.85 earnings per share for the quarter, topping analysts’ consensus estimates of $0.84 by $0.01. The company had revenue of $938.20 million during the quarter, compared to analyst estimates of $944.27 million. TransUnion had a return on equity of 15.58% and a net margin of 34.48%. Sell-side analysts predict that TransUnion will post 3.34 EPS for the current year.

TransUnion Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, December 2nd. Shareholders of record on Thursday, November 17th were issued a dividend of $0.105 per share. The ex-dividend date was Wednesday, November 16th. This represents a $0.42 dividend on an annualized basis and a yield of 0.62%. TransUnion’s dividend payout ratio is currently 6.54%.

Wall Street Analyst Weigh In

TRU has been the topic of a number of recent research reports. The Goldman Sachs Group decreased their price objective on TransUnion from $85.00 to $74.00 and set a “neutral” rating on the stock in a research report on Thursday, October 27th. Stifel Nicolaus cut their target price on TransUnion from $95.00 to $78.00 and set a “buy” rating on the stock in a research note on Monday, October 24th. Jefferies Financial Group reaffirmed a “buy” rating and set a $70.00 target price (down previously from $109.00) on shares of TransUnion in a research note on Wednesday, October 19th. BNP Paribas initiated coverage on TransUnion in a research note on Friday, January 6th. They set a “neutral” rating and a $64.50 target price on the stock. Finally, Barclays cut TransUnion from an “overweight” rating to an “equal weight” rating and cut their target price for the company from $70.00 to $65.00 in a research note on Friday, December 2nd. One research analyst has rated the stock with a sell rating, five have issued a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $83.57.

About TransUnion

(Get Rating)

TransUnion engages in the provision of information and risk management solutions. It also provides consumer reports, risk scores, analytical services and decision making capabilities to businesses. The firm operates through the following segments: U.S. Markets, International, Consumer Interactive, and Corporate.

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Institutional Ownership by Quarter for TransUnion (NYSE:TRU)

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