Mutual of America Capital Management LLC Reduces Stock Position in TransUnion (NYSE:TRU)

Mutual of America Capital Management LLC cut its stake in TransUnion (NYSE:TRU) by 10.0% in the fourth quarter, Holdings Channel.com reports. The firm owned 5,012 shares of the business services provider’s stock after selling 556 shares during the quarter. Mutual of America Capital Management LLC’s holdings in TransUnion were worth $344,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in the stock. Headlands Technologies LLC purchased a new position in TransUnion in the third quarter worth approximately $27,000. CENTRAL TRUST Co lifted its stake in TransUnion by 569.3% during the third quarter. CENTRAL TRUST Co now owns 937 shares of the business services provider’s stock worth $67,000 after purchasing an additional 797 shares in the last quarter. NBC Securities Inc. acquired a new position in TransUnion during the third quarter worth $120,000. Concord Wealth Partners lifted its stake in TransUnion by 9,256.5% during the third quarter. Concord Wealth Partners now owns 2,152 shares of the business services provider’s stock worth $154,000 after purchasing an additional 2,129 shares in the last quarter. Finally, Jump Financial LLC acquired a new position in TransUnion during the third quarter worth $202,000.

Insider Buying and Selling at TransUnion

In other news, EVP Timothy J. Martin sold 12,000 shares of the business’s stock in a transaction on Tuesday, March 5th. The shares were sold at an average price of $78.59, for a total transaction of $943,080.00. Following the completion of the sale, the executive vice president now directly owns 54,522 shares of the company’s stock, valued at approximately $4,284,883.98. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In other TransUnion news, EVP Richard Dane Mauldin sold 1,500 shares of the business’s stock in a transaction on Thursday, March 14th. The shares were 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible 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 transaction of $943,080.00. Following the completion of the transaction, the executive vice president now owns 54,522 shares in the company, 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. Insiders own 0.28% of the company’s stock.

TransUnion Stock Performance

Shares of TRU stock opened at $69.50 on Wednesday. The stock’s 50-day moving average is $76.63 and its two-hundred day moving average is $67.83. The firm has a market cap of $13.50 billion, a price-to-earnings ratio of -46.64, a PEG ratio of 1.03 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 quick ratio of 1.47 and a current ratio of 1.47.

TransUnion (NYSE:TRU) last issued its quarterly earnings data on Tuesday, February 13th. The business services provider reported $0.80 earnings per share (EPS) for the quarter, topping the consensus estimate 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 company had revenue of $954.00 million for the quarter, compared to analyst estimates of $927.04 million. During the same quarter last year, the company posted $0.70 earnings per share. The business’s quarterly revenue was up 5.8% compared to the same quarter last year. Analysts predict that TransUnion will post 3.31 earnings per share for the current year.

TransUnion Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 22nd. Shareholders 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 annualized dividend and a yield of 0.60%. TransUnion’s dividend payout ratio (DPR) is presently -28.19%.

Wall Street Analyst Weigh In

A number of research firms have commented on TRU. Truist Financial upped their price target 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 restated an “outperform” rating and set a $85.00 price target on shares of TransUnion in a research note on Wednesday, February 14th. Robert W. Baird upped their price target on TransUnion from $80.00 to $87.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 14th. Barclays increased their price objective on TransUnion from $55.00 to $75.00 and gave the company an “equal weight” rating in a research note on Wednesday, February 14th. Finally, Stifel Nicolaus increased their price objective on TransUnion from $76.00 to $83.00 and gave the company a “buy” rating in a research note on Wednesday, February 14th. 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, TransUnion currently has a consensus rating of “Moderate Buy” and an average price target of $81.47.

About TransUnion

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.