Asset Management One Co. Ltd. Has $6.01 Million Stock Position in TransUnion (NYSE:TRU)

Asset Management One Co. Ltd. increased its position in TransUnion (NYSE:TRU) by 6.2% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 72,428 shares of the business services provider’s stock after purchasing an additional 4,218 shares during the quarter. Asset Management One Co. Ltd.’s holdings in TransUnion were worth $6,011,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. XML Financial LLC acquired a new stake in TransUnion in the first quarter worth about $1,209,000. Kentucky Retirement Systems Insurance Trust Fund acquired a new stake in TransUnion in the first quarter worth about $468,000. Manning & Napier Advisors LLC increased its position in TransUnion by 3.4% in the first quarter. Manning & Napier Advisors LLC now owns 1,522,671 shares of the business services provider’s stock worth $126,366,000 after purchasing an additional 50,113 shares during the period. Kentucky Retirement Systems acquired a new stake in TransUnion in the first quarter worth about $1,099,000. Finally, TT International Asset Management LTD increased its position in TransUnion by 5.5% in the first quarter. TT International Asset Management LTD now owns 57,796 shares of the business services provider’s stock worth $4,796,000 after purchasing an additional 3,002 shares during the period.

Insider Activity at TransUnion

In related news, insider Steven M. Chaouki sold 1,000 shares of the firm’s stock in a transaction on Monday, June 2nd. The shares were sold at an average price of $84.91, for a total value of $84,910.00. Following the completion of the transaction, the insider now owns 75,393 shares of the company’s stock, valued at approximately $6,401,619.63. This trade represents a 1.31% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Over the last 90 days, insiders sold 3,000 shares of company stock valued at $251,180. Corporate insiders own 0.22% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. Bank of America assumed coverage on shares of TransUnion in a research report on Thursday, April 10th. They issued an “underperform” rating and a $84.00 price target on the stock. Oppenheimer increased their price target on shares of TransUnion from $96.00 to $100.00 and gave the company an “outperform” rating in a research report on Thursday, May 22nd. Stifel Nicolaus cut their price target on shares of TransUnion from $120.00 to $112.00 and set a “buy” rating on the stock in a research report on Friday, April 25th. Barclays cut their price target on shares of TransUnion from $105.00 to $85.00 and set an “equal weight” rating on the stock in a research report on Friday, April 4th. Finally, Wells Fargo & Company cut their price target on shares of TransUnion from $130.00 to $117.00 and set an “overweight” rating on the stock in a research report on Monday, April 14th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat, TransUnion currently has an average rating of “Moderate Buy” and a consensus target price of $109.69.

TransUnion Stock Down 2.1%

Shares of TRU stock opened at $86.99 on Friday. The firm has a fifty day moving average of $85.49 and a 200-day moving average of $87.99. The company has a quick ratio of 2.05, a current ratio of 2.05 and a debt-to-equity ratio of 1.13. TransUnion has a 12-month low of $66.38 and a 12-month high of $113.17. The company has a market capitalization of $16.97 billion, a price-to-earnings ratio of 46.27, a P/E/G ratio of 2.41 and a beta of 1.64.

TransUnion (NYSE:TRU) last issued its quarterly earnings data on Thursday, April 24th. The business services provider reported $1.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.98 by $0.07. TransUnion had a net margin of 8.63% and a return on equity of 16.18%. The company had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.07 billion. During the same quarter in the prior year, the firm earned $0.92 earnings per share. The firm’s revenue was up 7.3% compared to the same quarter last year. As a group, equities research analysts predict that TransUnion will post 3.99 earnings per share for the current fiscal year.

TransUnion Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 6th. Investors of record on Thursday, May 22nd were given a $0.115 dividend. This represents a $0.46 dividend on an annualized basis and a yield of 0.53%. The ex-dividend date of this dividend was Thursday, May 22nd. TransUnion’s dividend payout ratio (DPR) is currently 24.47%.

TransUnion Company 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.