TransUnion (NYSE:TRU) Shares Acquired by Russell Investments Group Ltd.

Russell Investments Group Ltd. lifted its position in shares of TransUnion (NYSE:TRU) by 140.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 161,569 shares of the business services provider’s stock after purchasing an additional 94,279 shares during the quarter. Russell Investments Group Ltd.’s holdings in TransUnion were worth $11,107,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Commonwealth Equity Services LLC grew its stake in TransUnion by 11.7% in the 3rd quarter. Commonwealth Equity Services LLC now owns 111,040 shares of the business services provider’s stock valued at $7,972,000 after acquiring an additional 11,607 shares during the period. Robeco Institutional Asset Management B.V. grew its stake in TransUnion by 23.6% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 48,896 shares of the business services provider’s stock valued at $3,510,000 after acquiring an additional 9,329 shares during the period. Xponance Inc. grew its stake in TransUnion by 18.3% in the 3rd quarter. Xponance Inc. now owns 8,058 shares of the business services provider’s stock valued at $578,000 after acquiring an additional 1,247 shares during the period. Concord Wealth Partners grew its stake in TransUnion by 9,256.5% in the 3rd quarter. Concord Wealth Partners now owns 2,152 shares of the business services provider’s stock valued at $154,000 after acquiring an additional 2,129 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank grew its stake in TransUnion by 104.9% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 124,621 shares of the business services provider’s stock valued at $8,947,000 after acquiring an additional 63,812 shares during the period.

Insider Activity at TransUnion

In related news, 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 value of $117,150.00. Following the sale, the executive vice president now directly owns 22,033 shares in the company, valued at approximately $1,720,777.30. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. In other TransUnion news, EVP Richard Dane Mauldin sold 1,500 shares of TransUnion stock in a transaction dated Thursday, March 14th. The stock was sold at an average price of $78.10, for a total value of $117,150.00. Following the completion of the transaction, the executive vice president now directly owns 22,033 shares of the company’s stock, valued at approximately $1,720,777.30. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP Timothy J. Martin sold 12,000 shares of TransUnion stock in a transaction dated Tuesday, March 5th. The shares were sold at an average price of $78.59, for a total value of $943,080.00. Following the completion of the transaction, the executive vice president now directly owns 54,522 shares of the company’s stock, valued at $4,284,883.98. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 15,275 shares of company stock worth $1,204,538. Company insiders own 0.28% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have weighed in on TRU. Oppenheimer raised their price objective on TransUnion from $81.00 to $90.00 and gave the company an “outperform” rating in a report on Tuesday, April 9th. Stifel Nicolaus raised their price objective on TransUnion from $83.00 to $92.00 and gave the company a “buy” rating in a report on Friday, April 26th. Evercore ISI raised their price objective on TransUnion from $70.00 to $80.00 and gave the company an “in-line” rating in a report on Tuesday, March 26th. Bank of America upgraded TransUnion from an “underperform” rating to a “neutral” rating and raised their price objective for the company from $65.00 to $90.00 in a report on Monday, April 1st. Finally, Robert W. Baird raised their price objective on TransUnion from $87.00 to $94.00 and gave the company an “outperform” rating in a report on Friday, April 26th. Six analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $83.60.

TransUnion Trading Up 3.2 %

NYSE TRU opened at $77.07 on Monday. TransUnion has a 52 week low of $42.09 and a 52 week high of $82.75. The business’s fifty day simple moving average is $76.27 and its 200-day simple moving average is $68.14. The company has a current ratio of 1.65, a quick ratio of 1.65 and a debt-to-equity ratio of 1.26.

TransUnion (NYSE:TRU) last issued its quarterly earnings data on Thursday, April 25th. The business services provider reported $0.83 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.71 by $0.12. The firm had revenue of $1.02 billion for the quarter, compared to analyst estimates of $977.62 million. TransUnion had a negative net margin of 7.02% and a positive return on equity of 14.26%. On average, equities research analysts predict that TransUnion will post 3.31 EPS for the current year.

TransUnion Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 3rd. Investors of record on Friday, May 17th will be issued a $0.105 dividend. The ex-dividend date is Thursday, May 16th. This represents a $0.42 annualized dividend and a yield of 0.54%. TransUnion’s dividend payout ratio (DPR) is currently -29.37%.

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.