California Public Employees Retirement System Has $23.33 Million Holdings in TransUnion (NYSE:TRU)

California Public Employees Retirement System lifted its holdings in shares of TransUnion (NYSE:TRU) by 16.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 339,512 shares of the business services provider’s stock after purchasing an additional 47,250 shares during the period. California Public Employees Retirement System’s holdings in TransUnion were worth $23,328,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of the business. SG Americas Securities LLC acquired a new position in TransUnion in the third quarter valued at $1,063,000. Simplicity Solutions LLC lifted its holdings in TransUnion by 5.3% in the third quarter. Simplicity Solutions LLC now owns 15,126 shares of the business services provider’s stock valued at $1,086,000 after buying an additional 764 shares during the period. Copeland Capital Management LLC lifted its holdings in TransUnion by 0.4% in the third quarter. Copeland Capital Management LLC now owns 351,413 shares of the business services provider’s stock valued at $25,228,000 after buying an additional 1,471 shares during the period. Commonwealth Equity Services LLC lifted its holdings in TransUnion by 11.7% in the third quarter. Commonwealth Equity Services LLC now owns 111,040 shares of the business services provider’s stock valued at $7,972,000 after buying an additional 11,607 shares during the period. Finally, Fjarde AP Fonden Fourth Swedish National Pension Fund lifted its holdings in TransUnion by 12.6% in the third quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 44,535 shares of the business services provider’s stock valued at $3,197,000 after buying an additional 5,000 shares during the period.

TransUnion Price Performance

NYSE:TRU opened at $74.49 on Monday. The company has a debt-to-equity ratio of 1.26, a current ratio of 1.65 and a quick ratio of 1.65. The firm has a 50-day moving average of $76.32 and a 200-day moving average of $67.85. TransUnion has a one year low of $42.09 and a one year high of $82.75.

TransUnion (NYSE:TRU) last posted its earnings results on Thursday, April 25th. The business services provider reported $0.83 EPS for the quarter, topping the consensus estimate of $0.71 by $0.12. TransUnion had a negative net margin of 7.02% and a positive return on equity of 14.26%. The company had revenue of $1.02 billion during the quarter, compared to the consensus estimate of $977.62 million. As a group, analysts anticipate that TransUnion will post 3.31 earnings per share for the current fiscal year.

TransUnion Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 22nd. Shareholders of record on Thursday, March 7th were given a $0.105 dividend. This represents a $0.42 dividend on an annualized basis and a yield of 0.56%. The ex-dividend date was Wednesday, March 6th. TransUnion’s payout ratio is -29.37%.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the stock. Oppenheimer boosted their target price on shares of TransUnion from $81.00 to $90.00 and gave the company an “outperform” rating in a report on Tuesday, April 9th. Barclays boosted their target price on shares of TransUnion from $55.00 to $75.00 and gave the company an “equal weight” rating in a report on Wednesday, February 14th. Wells Fargo & Company boosted their target price on shares of TransUnion from $80.00 to $85.00 and gave the company an “overweight” rating in a report on Wednesday, February 14th. Robert W. Baird lifted their price target on shares of TransUnion from $87.00 to $94.00 and gave the company an “outperform” rating in a research note on Friday. Finally, Truist Financial lifted their price target on shares of TransUnion from $65.00 to $75.00 and gave the company a “hold” rating in a research note on Wednesday, February 14th. Six research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $83.60.

Insiders Place Their Bets

In other TransUnion news, EVP Richard Dane Mauldin sold 1,500 shares of the company’s stock in a transaction dated Thursday, March 14th. The shares were sold at an average price of $78.10, for a total value of $117,150.00. Following the completion of the sale, the executive vice president now directly owns 22,033 shares of the company’s stock, valued at approximately $1,720,777.30. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other TransUnion news, insider Steven M. Chaouki sold 1,775 shares of the business’s stock in a transaction dated Monday, April 1st. The shares were sold at an average price of $81.30, for a total value of $144,307.50. Following the transaction, the insider now directly owns 75,099 shares in the company, valued at $6,105,548.70. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, EVP Richard Dane Mauldin sold 1,500 shares of the business’s stock in a transaction dated Thursday, March 14th. The shares were sold at an average price of $78.10, for a total transaction of $117,150.00. Following the completion of the transaction, the executive vice president now owns 22,033 shares in the company, valued at $1,720,777.30. The disclosure for this sale can be found here. In the last ninety days, insiders sold 15,275 shares of company stock valued at $1,204,538. Corporate insiders own 0.28% of the company’s stock.

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.