Raymond James Financial Services Advisors Inc. Has $608,000 Stock Position in TransUnion (NYSE:TRU)

Raymond James Financial Services Advisors Inc. decreased its stake in shares of TransUnion (NYSE:TRU) by 36.3% during the 4th quarter, Holdings Channel reports. The firm owned 8,844 shares of the business services provider’s stock after selling 5,029 shares during the period. Raymond James Financial Services Advisors Inc.’s holdings in TransUnion were worth $608,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Heron Bay Capital Management increased its position in shares of 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 purchasing an additional 46,826 shares during the last quarter. SG Americas Securities LLC increased its position in shares of 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 purchasing an additional 30,312 shares during the last quarter. Adage Capital Partners GP L.L.C. increased its position in shares of TransUnion by 33.3% during the 3rd quarter. Adage Capital Partners GP L.L.C. now owns 300,000 shares of the business services provider’s stock worth $21,537,000 after purchasing an additional 75,000 shares during the last quarter. Canada Pension Plan Investment Board increased its position in shares of TransUnion by 62.0% during the 3rd quarter. Canada Pension Plan Investment Board now owns 66,274 shares of the business services provider’s stock worth $4,758,000 after purchasing an additional 25,354 shares during the last quarter. Finally, Westfield Capital Management Co. LP increased its position in shares of TransUnion by 2.4% during the 3rd quarter. Westfield Capital Management Co. LP now owns 967,445 shares of the business services provider’s stock worth $69,453,000 after purchasing an additional 22,774 shares during the last quarter.

Insider Activity

In other news, insider Steven M. Chaouki sold 1,775 shares of the company’s stock in a transaction on Monday, April 1st. The stock was sold at an average price of $81.30, for a total transaction of $144,307.50. Following the completion of the sale, the insider now directly owns 75,099 shares in the company, valued at approximately $6,105,548.70. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In other news, insider Steven M. Chaouki sold 1,775 shares of the business’s stock in a transaction on Monday, April 1st. The stock was sold at an average price of $81.30, for a total transaction of $144,307.50. Following the completion of the transaction, the insider now owns 75,099 shares of the company’s stock, valued at approximately $6,105,548.70. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Timothy J. Martin sold 12,000 shares of the business’s stock in a transaction on Tuesday, March 5th. The stock was sold at an average price of $78.59, for a total value of $943,080.00. Following the transaction, the executive vice president now directly owns 54,522 shares of the company’s stock, valued at approximately $4,284,883.98. The disclosure for this sale can be found here. In the last three months, insiders sold 15,275 shares of company stock worth $1,204,538. 0.28% of the stock is currently owned by company insiders.

TransUnion Stock Performance

TRU opened at $69.61 on Thursday. The business has a fifty day simple moving average of $76.79 and a 200 day simple moving average of $67.91. The company has a market capitalization of $13.52 billion, a PE ratio of -46.72, a price-to-earnings-growth ratio of 1.11 and a beta of 1.61. TransUnion has a 1 year low of $42.09 and a 1 year high of $82.75. The company has a debt-to-equity ratio of 1.28, a current ratio of 1.47 and a quick ratio of 1.47.

TransUnion (NYSE:TRU) last released its earnings results on Tuesday, February 13th. The business services provider reported $0.80 earnings per share for the quarter, beating analysts’ consensus estimates of $0.72 by $0.08. The firm had revenue of $954.00 million during the quarter, compared to the consensus estimate of $927.04 million. TransUnion had a positive return on equity of 13.58% and a negative net margin of 7.50%. The company’s revenue was up 5.8% compared to the same quarter last year. During the same period in the prior year, the company posted $0.70 EPS. Research analysts expect that TransUnion will post 3.31 EPS for the current year.

TransUnion Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, March 22nd. Stockholders of record on Thursday, March 7th were given a dividend of $0.105 per share. The ex-dividend date was Wednesday, March 6th. This represents a $0.42 dividend on an annualized basis and a dividend yield of 0.60%. TransUnion’s payout ratio is -28.19%.

Analysts Set New Price Targets

Several research analysts have recently commented on the company. Royal Bank of Canada reiterated an “outperform” rating and set a $85.00 target price on shares of TransUnion in a research note on Wednesday, February 14th. Robert W. Baird lifted 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. Barclays lifted their target price on TransUnion from $55.00 to $75.00 and gave the stock an “equal weight” rating in a research note on Wednesday, February 14th. Wells Fargo & Company lifted 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. Finally, Needham & Company LLC lifted their target price on TransUnion from $75.00 to $87.00 and gave the stock a “buy” rating in a research note on Tuesday, February 13th. Six research analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $81.47.

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.