4,695 Shares in TransUnion (NYSE:TRU) Acquired by Banque Cantonale Vaudoise

Banque Cantonale Vaudoise bought a new stake in shares of TransUnion (NYSE:TRU) during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 4,695 shares of the business services provider’s stock, valued at approximately $348,000.

Several other hedge funds also recently bought and sold shares of the stock. CANADA LIFE ASSURANCE Co increased its position in TransUnion by 3.6% during the 1st quarter. CANADA LIFE ASSURANCE Co now owns 179,865 shares of the business services provider’s stock worth $14,369,000 after purchasing an additional 6,270 shares in the last quarter. Picton Mahoney Asset Management acquired a new position in shares of TransUnion in the first quarter valued at approximately $3,900,000. California State Teachers Retirement System lifted its stake in shares of TransUnion by 2.4% during the first quarter. California State Teachers Retirement System now owns 327,518 shares of the business services provider’s stock valued at $26,136,000 after buying an additional 7,636 shares during the period. CIBC Private Wealth Group LLC boosted its position in TransUnion by 37.1% during the fourth quarter. CIBC Private Wealth Group LLC now owns 460,203 shares of the business services provider’s stock worth $31,621,000 after acquiring an additional 124,492 shares during the last quarter. Finally, Nordea Investment Management AB grew its stake in TransUnion by 6.8% in the 1st quarter. Nordea Investment Management AB now owns 13,135 shares of the business services provider’s stock worth $1,058,000 after acquiring an additional 832 shares during the period.

TransUnion Trading Up 0.8 %

NYSE:TRU opened at $96.81 on Tuesday. The business’s 50-day moving average is $84.62 and its two-hundred day moving average is $78.87. The firm has a market capitalization of $18.81 billion, a PE ratio of -67.70, a price-to-earnings-growth ratio of 1.42 and a beta of 1.62. TransUnion has a 12 month low of $42.09 and a 12 month high of $99.00. The company has a debt-to-equity ratio of 1.22, a current ratio of 1.66 and a quick ratio of 1.66.

TransUnion (NYSE:TRU) last posted its earnings results on Thursday, July 25th. The business services provider reported $0.99 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.86 by $0.13. The business had revenue of $1.04 billion during the quarter, compared to analyst estimates of $1.02 billion. TransUnion had a positive return on equity of 15.03% and a negative net margin of 6.11%. The company’s revenue for the quarter was up 7.5% compared to the same quarter last year. During the same quarter last year, the firm earned $0.76 earnings per share. Research analysts predict that TransUnion will post 3.44 earnings per share for the current fiscal year.

TransUnion Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, September 9th. Stockholders of record on Friday, August 23rd will be given a dividend of $0.105 per share. The ex-dividend date of this dividend is Friday, August 23rd. This represents a $0.42 dividend on an annualized basis and a dividend yield of 0.43%. TransUnion’s payout ratio is currently -29.37%.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on TRU. The Goldman Sachs Group increased their price target on TransUnion from $87.00 to $97.00 and gave the stock a “neutral” rating in a research note on Tuesday, August 20th. Barclays increased their target price on TransUnion from $75.00 to $80.00 and gave the stock an “equal weight” rating in a research report on Friday, July 26th. Robert W. Baird lifted their price target on TransUnion from $94.00 to $104.00 and gave the company an “outperform” rating in a report on Friday, July 26th. Royal Bank of Canada increased their price objective on shares of TransUnion from $85.00 to $106.00 and gave the stock an “outperform” rating in a report on Friday, July 26th. Finally, Wells Fargo & Company raised shares of TransUnion to a “strong-buy” rating in a research report on Tuesday, August 13th. Seven equities research analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $89.47.

Insider Activity

In related news, EVP Heather J. Russell sold 7,000 shares of TransUnion stock in a transaction on Friday, June 14th. The shares were sold at an average price of $73.10, for a total transaction of $511,700.00. Following the sale, the executive vice president now owns 32,744 shares of the company’s stock, valued at approximately $2,393,586.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. In other news, CAO Jennifer A. Williams sold 405 shares of the stock in a transaction dated Thursday, August 29th. The shares were sold at an average price of $95.58, for a total transaction of $38,709.90. Following the transaction, the chief accounting officer now owns 7,186 shares of the company’s stock, valued at $686,837.88. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Heather J. Russell sold 7,000 shares of the stock in a transaction that occurred on Friday, June 14th. The stock was sold at an average price of $73.10, for a total value of $511,700.00. Following the transaction, the executive vice president now directly owns 32,744 shares in the company, valued at approximately $2,393,586.40. The disclosure for this sale can be found here. Over the last three months, insiders sold 35,700 shares of company stock worth $2,842,182. 0.22% of the stock is currently owned by company insiders.

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.