The Manufacturers Life Insurance Company Buys 274 Shares of TransUnion (NYSE:TRU)

The Manufacturers Life Insurance Company boosted its holdings in shares of TransUnion (NYSE:TRU) by 2.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 10,429 shares of the business services provider’s stock after buying an additional 274 shares during the quarter. The Manufacturers Life Insurance Company’s holdings in TransUnion were worth $1,092,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of TRU. Massachusetts Financial Services Co. MA grew its holdings in TransUnion by 17.4% in the third quarter. Massachusetts Financial Services Co. MA now owns 19,180,562 shares of the business services provider’s stock worth $2,008,205,000 after purchasing an additional 2,840,800 shares during the last quarter. Victory Capital Management Inc. boosted its stake in shares of TransUnion by 24.1% during the 2nd quarter. Victory Capital Management Inc. now owns 3,468,854 shares of the business services provider’s stock worth $257,250,000 after acquiring an additional 674,187 shares in the last quarter. Ninety One UK Ltd boosted its stake in shares of TransUnion by 37.4% during the 2nd quarter. Ninety One UK Ltd now owns 2,566,928 shares of the business services provider’s stock worth $190,363,000 after acquiring an additional 698,580 shares in the last quarter. XN LP boosted its stake in shares of TransUnion by 194.7% during the 2nd quarter. XN LP now owns 1,973,684 shares of the business services provider’s stock worth $146,368,000 after acquiring an additional 1,303,996 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its stake in shares of TransUnion by 11.9% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,521,270 shares of the business services provider’s stock worth $112,824,000 after acquiring an additional 161,791 shares in the last quarter.

Wall Street Analyst Weigh In

TRU has been the subject of a number of recent research reports. UBS Group initiated coverage on shares of TransUnion in a report on Tuesday, October 1st. They issued a “neutral” rating and a $110.00 price objective for the company. Stifel Nicolaus boosted their price objective on TransUnion from $103.00 to $120.00 and gave the company a “buy” rating in a report on Thursday, October 24th. The Goldman Sachs Group increased their target price on TransUnion from $97.00 to $109.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 2nd. Oppenheimer reduced their price target on TransUnion from $122.00 to $115.00 and set an “outperform” rating on the stock in a research report on Wednesday, November 20th. Finally, Wolfe Research raised TransUnion from a “peer perform” rating to an “outperform” rating and set a $130.00 price target on the stock in a research report on Thursday, October 10th. Seven equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to data from MarketBeat.com, TransUnion has an average rating of “Moderate Buy” and an average price target of $106.38.

Insider Buying and Selling

In other news, EVP Timothy J. Martin sold 2,500 shares of TransUnion stock in a transaction on Tuesday, October 1st. The stock was sold at an average price of $104.59, for a total value of $261,475.00. Following the completion of the sale, the executive vice president now owns 46,739 shares of the company’s stock, valued at $4,888,432.01. The trade was a 5.08 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director George M. Awad sold 12,000 shares of the business’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $100.00, for a total value of $1,200,000.00. Following the sale, the director now directly owns 27,026 shares of the company’s stock, valued at approximately $2,702,600. This trade represents a 30.75 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 20,590 shares of company stock valued at $2,084,633. 0.28% of the stock is owned by insiders.

TransUnion Stock Up 3.5 %

TransUnion stock opened at $100.39 on Thursday. TransUnion has a twelve month low of $62.42 and a twelve month high of $113.17. The stock has a 50 day moving average of $102.66 and a two-hundred day moving average of $91.71. The company has a current ratio of 1.68, a quick ratio of 1.68 and a debt-to-equity ratio of 1.19. The stock has a market capitalization of $19.57 billion, a price-to-earnings ratio of 87.30, a PEG ratio of 1.39 and a beta of 1.60.

TransUnion (NYSE:TRU) last posted its quarterly earnings results on Wednesday, October 23rd. The business services provider reported $1.04 EPS for the quarter, beating the consensus estimate of $1.01 by $0.03. The business had revenue of $1.09 billion during the quarter, compared to analysts’ expectations of $1.06 billion. TransUnion had a return on equity of 15.38% and a net margin of 5.47%. The company’s quarterly revenue was up 12.0% compared to the same quarter last year. During the same period last year, the firm earned $0.80 EPS. As a group, research analysts expect that TransUnion will post 3.44 earnings per share for the current year.

TransUnion Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 9th. Investors of record on Friday, November 22nd were issued a dividend of $0.105 per share. The ex-dividend date was Friday, November 22nd. This represents a $0.42 annualized dividend and a yield of 0.42%. TransUnion’s dividend payout ratio is presently 36.52%.

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.