TransUnion (NYSE:TRU) Shares Sold by Procyon Advisors LLC

Procyon Advisors LLC lessened its holdings in TransUnion (NYSE:TRUFree Report) by 4.8% during the 4th quarter, HoldingsChannel.com reports. The firm owned 5,475 shares of the business services provider’s stock after selling 274 shares during the period. Procyon Advisors LLC’s holdings in TransUnion were worth $376,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the business. Laurus Investment Counsel Inc. lifted its stake in shares of TransUnion by 4.8% in the 4th quarter. Laurus Investment Counsel Inc. now owns 172,125 shares of the business services provider’s stock valued at $11,827,000 after purchasing an additional 7,840 shares during the last quarter. Assenagon Asset Management S.A. lifted its stake in TransUnion by 3.4% during the 4th quarter. Assenagon Asset Management S.A. now owns 6,298 shares of the business services provider’s stock worth $433,000 after acquiring an additional 209 shares in the last quarter. SG Americas Securities LLC lifted its stake in TransUnion by 204.6% during the 4th quarter. SG Americas Securities LLC now owns 45,126 shares of the business services provider’s stock worth $3,101,000 after acquiring an additional 30,312 shares in the last quarter. Heron Bay Capital Management lifted its stake in TransUnion by 37.3% during the 4th quarter. Heron Bay Capital Management now owns 172,458 shares of the business services provider’s stock worth $11,850,000 after acquiring an additional 46,826 shares in the last quarter. Finally, Caldwell Investment Management Ltd. acquired a new position in TransUnion during the 4th quarter worth about $833,000.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on TRU shares. Robert W. Baird increased their target price on TransUnion from $80.00 to $87.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 14th. Wells Fargo & Company increased their target price on TransUnion from $80.00 to $85.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 14th. Truist Financial increased their target price on TransUnion from $65.00 to $75.00 and gave the stock a “hold” rating in a research note on Wednesday, February 14th. Royal Bank of Canada reissued an “outperform” rating and set a $85.00 target price on shares of TransUnion in a research note on Wednesday, February 14th. Finally, Evercore ISI increased their price target on TransUnion from $70.00 to $80.00 and gave the company an “in-line” rating in a research report on Tuesday. One investment analyst has rated the stock with a sell rating, five have given a hold rating and ten have given a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $77.80.

Get Our Latest Stock Analysis on TRU

TransUnion Stock Performance

TRU opened at $79.80 on Friday. TransUnion has a one year low of $42.09 and a one year high of $82.75. The company has a current ratio of 1.47, a quick ratio of 1.47 and a debt-to-equity ratio of 1.28. The business’s 50-day simple moving average is $75.08 and its 200-day simple moving average is $67.96.

TransUnion (NYSE:TRUGet Free Report) last released its quarterly earnings data on Tuesday, February 13th. The business services provider reported $0.80 EPS for the quarter, beating analysts’ consensus estimates of $0.72 by $0.08. TransUnion had a positive return on equity of 13.58% and a negative net margin of 7.50%. The business had revenue of $954.00 million for the quarter, compared to the consensus estimate of $927.04 million. During the same quarter in the prior year, the business posted $0.70 EPS. The business’s revenue for the quarter was up 5.8% on a year-over-year basis. As a group, analysts forecast that TransUnion will post 3.3 earnings per share for the current year.

TransUnion Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 22nd. Stockholders of record on Thursday, March 7th were issued a $0.105 dividend. The ex-dividend date of this dividend was Wednesday, March 6th. This represents a $0.42 dividend on an annualized basis and a dividend yield of 0.53%. TransUnion’s payout ratio is currently -28.19%.

Insider Activity

In related news, EVP Richard Dane Mauldin sold 1,500 shares of the firm’s stock in a transaction that occurred on Thursday, March 14th. The stock was sold at an average price of $78.10, for a total transaction of $117,150.00. Following the transaction, the executive vice president now owns 22,033 shares in the company, valued at approximately $1,720,777.30. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In related news, EVP Timothy J. Martin sold 12,000 shares of the firm’s stock in a transaction that occurred on Tuesday, March 5th. The stock was sold at an average price of $78.59, for a total transaction of $943,080.00. Following the transaction, the executive vice president now owns 54,522 shares in the company, valued at approximately $4,284,883.98. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Richard Dane Mauldin sold 1,500 shares of the firm’s stock in a transaction that occurred on Thursday, March 14th. The stock was sold at an average price of $78.10, for a total value of $117,150.00. Following the transaction, the executive vice president now owns 22,033 shares in the company, valued at approximately $1,720,777.30. The disclosure for this sale can be found here. Company insiders own 0.22% of the company’s stock.

About TransUnion

(Free Report)

TransUnion operates as a global consumer credit reporting agency that provides risk and information solutions. The company operates in three segments: U.S. Markets, International, and Consumer Interactive. 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.

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Institutional Ownership by Quarter for TransUnion (NYSE:TRU)

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