TransUnion (NYSE:TRU) Holdings Trimmed by Russell Investments Group Ltd.

Russell Investments Group Ltd. trimmed its position in shares of TransUnion (NYSE:TRU – Get Rating) by 44.7% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 16,556 shares of the business services provider’s stock after selling 13,398 shares during the period. Russell Investments Group Ltd.’s holdings in TransUnion were worth $941,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in TRU. CCLA Investment Management purchased a new position in shares of TransUnion during the 3rd quarter valued at $80,459,000. BlueSpruce Investments LP grew its holdings in shares of TransUnion by 19.4% during the 3rd quarter. BlueSpruce Investments LP now owns 5,983,742 shares of the business services provider’s stock valued at $355,973,000 after acquiring an additional 973,517 shares in the last quarter. River Road Asset Management LLC acquired a new stake in shares of TransUnion in the 4th quarter valued at $53,272,000. Boston Partners lifted its stake in shares of TransUnion by 59.6% in the 4th quarter. Boston Partners now owns 2,344,634 shares of the business services provider’s stock valued at $133,179,000 after purchasing an additional 875,437 shares during the last quarter. Finally, Frontier Capital Management Co. LLC acquired a new stake in shares of TransUnion in the 3rd quarter valued at $35,442,000. 95.02% of the stock is currently owned by hedge funds and other institutional investors.

TransUnion Stock Performance

NYSE TRU opened at $70.94 on Friday. The stock has a market cap of $13.71 billion, a P/E ratio of 50.31, a PEG ratio of 0.68 and a beta of 1.37. The company’s 50-day simple moving average is $64.28 and its 200 day simple moving average is $63.83. TransUnion has a twelve month low of $50.32 and a twelve month high of $90.08. The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 1.26.

TransUnion (NYSE:TRU – Get Rating) last posted its earnings results on Tuesday, April 25th. The business services provider reported $0.71 earnings per share for the quarter, beating analysts’ consensus estimates of $0.66 by $0.05. The business had revenue of $940.30 million for the quarter, compared to analysts’ expectations of $913.69 million. TransUnion had a net margin of 7.34% and a return on equity of 14.47%. As a group, research analysts forecast that TransUnion will post 3.19 earnings per share for the current fiscal year.

TransUnion Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 2nd. Investors of record on Friday, May 19th will be paid a $0.105 dividend. The ex-dividend date of this dividend is Thursday, May 18th. This represents a $0.42 dividend on an annualized basis and a yield of 0.59%. TransUnion’s payout ratio is currently 29.79%.

Analysts Set New Price Targets

Several research firms recently issued reports on TRU. Truist Financial reduced their price objective on shares of TransUnion from $74.00 to $66.00 in a research note on Thursday, March 16th. BNP Paribas raised shares of TransUnion from a “neutral” rating to an “outperform” rating and set a $80.00 target price for the company in a research report on Wednesday, March 1st. The Goldman Sachs Group boosted their target price on shares of TransUnion from $67.00 to $76.00 and gave the stock a “neutral” rating in a research report on Monday, February 6th. Barclays cut their target price on shares of TransUnion from $72.00 to $67.00 and set an “equal weight” rating for the company in a research report on Friday, March 31st. Finally, Morgan Stanley cut their target price on shares of TransUnion from $80.00 to $78.00 and set an “overweight” rating for the company in a research report on Wednesday, March 22nd. Five investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. According to MarketBeat, TransUnion presently has a consensus rating of “Moderate Buy” and an average target price of $77.50.

Insiders Place Their Bets

In other TransUnion news, insider Steven M. Chaouki sold 951 shares of the company’s stock in a transaction dated Monday, May 22nd. The shares were sold at an average price of $70.51, for a total transaction of $67,055.01. Following the sale, the insider now directly owns 63,323 shares of the company’s stock, valued at $4,464,904.73. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In other TransUnion news, EVP Heather J. Russell sold 7,996 shares of the company’s stock in a transaction dated Friday, March 24th. The shares were sold at an average price of $57.41, for a total transaction of $459,050.36. Following the sale, the executive vice president now directly owns 31,535 shares of the company’s stock, valued at $1,810,424.35. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, insider Steven M. Chaouki sold 951 shares of the company’s stock in a transaction dated Monday, May 22nd. The stock was sold at an average price of $70.51, for a total transaction of $67,055.01. Following the sale, the insider now directly owns 63,323 shares in the company, valued at $4,464,904.73. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 43,978 shares of company stock valued at $2,650,453. 0.22% of the stock is currently owned by insiders.

TransUnion Company Profile

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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. It operates through the following segments: U.S. Markets, International, Consumer Interactive, and Corporate.