Cerity Partners LLC Has $1.43 Million Stock Position in TransUnion (NYSE:TRU)

Cerity Partners LLC lessened its stake in shares of TransUnion (NYSE:TRU) by 50.0% during the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 17,198 shares of the business services provider’s stock after selling 17,220 shares during the quarter. Cerity Partners LLC’s holdings in TransUnion were worth $1,427,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Massachusetts Financial Services Co. MA lifted its stake in shares of TransUnion by 1.9% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 19,540,131 shares of the business services provider’s stock valued at $1,811,566,000 after purchasing an additional 359,569 shares during the period. Vanguard Group Inc. raised its holdings in shares of TransUnion by 1.4% in the 4th quarter. Vanguard Group Inc. now owns 18,066,657 shares of the business services provider’s stock worth $1,674,960,000 after acquiring an additional 241,019 shares during the last quarter. Wellington Management Group LLP increased its stake in TransUnion by 52.5% in the 4th quarter. Wellington Management Group LLP now owns 6,749,849 shares of the business services provider’s stock valued at $625,779,000 after buying an additional 2,323,339 shares during the last quarter. FMR LLC increased its stake in TransUnion by 11.1% in the 4th quarter. FMR LLC now owns 5,044,865 shares of the business services provider’s stock valued at $467,709,000 after buying an additional 503,969 shares during the last quarter. Finally, Geode Capital Management LLC increased its stake in TransUnion by 1.9% in the 4th quarter. Geode Capital Management LLC now owns 3,085,485 shares of the business services provider’s stock valued at $285,522,000 after buying an additional 58,551 shares during the last quarter.

TransUnion Price Performance

TransUnion stock opened at $92.25 on Tuesday. TransUnion has a 52-week low of $66.38 and a 52-week high of $113.17. The firm has a market capitalization of $18.00 billion, a price-to-earnings ratio of 49.07, a PEG ratio of 2.56 and a beta of 1.63. The company has a fifty day simple moving average of $88.39 and a 200-day simple moving average of $87.59. 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 (NYSE:TRU) last posted its earnings results on Thursday, April 24th. The business services provider reported $1.05 EPS for the quarter, beating analysts’ consensus estimates of $0.98 by $0.07. The company had revenue of $1.10 billion for the quarter, compared to analysts’ expectations of $1.07 billion. TransUnion had a net margin of 8.63% and a return on equity of 16.18%. TransUnion’s revenue for the quarter was up 7.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.92 earnings per share. On average, equities analysts anticipate that TransUnion will post 3.99 EPS for the current fiscal year.

TransUnion Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 6th. Investors of record on Thursday, May 22nd were paid a dividend of $0.115 per share. The ex-dividend date of this dividend was Thursday, May 22nd. This represents a $0.46 dividend on an annualized basis and a dividend yield of 0.50%. TransUnion’s payout ratio is 24.47%.

Insider Buying and Selling at TransUnion

In other TransUnion news, insider Steven M. Chaouki sold 1,000 shares of the stock in a transaction that occurred on Tuesday, July 1st. The shares were sold at an average price of $87.14, for a total value of $87,140.00. Following the transaction, the insider directly owned 74,393 shares in the company, valued at $6,482,606.02. This represents a 1.33% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders have sold 3,000 shares of company stock worth $255,010 in the last 90 days. 0.22% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

TRU has been the subject of several analyst reports. Wall Street Zen downgraded shares of TransUnion from a “buy” rating to a “hold” rating in a report on Friday. Barclays decreased their price objective 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. BMO Capital Markets upgraded shares of TransUnion to a “strong-buy” rating in a research report on Thursday, July 10th. William Blair reiterated an “outperform” rating on shares of TransUnion in a research report on Monday, March 24th. Finally, Stifel Nicolaus dropped their price objective on shares of TransUnion from $120.00 to $112.00 and set a “buy” rating on the stock in a research note on Friday, April 25th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $110.64.

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.