LPL Financial LLC Has $4.83 Million Stock Holdings in TransUnion (NYSE:TRU)

LPL Financial LLC boosted its position in shares of TransUnion (NYSE:TRU) by 7.1% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 58,161 shares of the business services provider’s stock after buying an additional 3,869 shares during the quarter. LPL Financial LLC’s holdings in TransUnion were worth $4,827,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the company. Teacher Retirement System of Texas acquired a new position in shares of TransUnion in the 1st quarter valued at $2,364,000. Bank of New York Mellon Corp lifted its stake in shares of TransUnion by 1.3% in the 1st quarter. Bank of New York Mellon Corp now owns 1,167,843 shares of the business services provider’s stock valued at $96,919,000 after purchasing an additional 15,030 shares during the period. Amalgamated Bank lifted its stake in shares of TransUnion by 3.7% in the 1st quarter. Amalgamated Bank now owns 10,488 shares of the business services provider’s stock valued at $870,000 after purchasing an additional 373 shares during the period. Diamond Hill Capital Management Inc. acquired a new position in shares of TransUnion in the 1st quarter valued at $13,810,000. Finally, Envestnet Asset Management Inc. lifted its stake in shares of TransUnion by 5.1% in the 1st quarter. Envestnet Asset Management Inc. now owns 494,349 shares of the business services provider’s stock valued at $41,026,000 after purchasing an additional 23,979 shares during the period.

Insider Transactions at TransUnion

In other TransUnion news, CAO Jennifer A. Williams sold 972 shares of the stock in a transaction dated Monday, August 4th. The stock was sold at an average price of $92.89, for a total transaction of $90,289.08. Following the completion of the transaction, the chief accounting officer owned 7,108 shares in the company, valued at approximately $660,262.12. This represents a 12.03% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Steven M. Chaouki sold 1,000 shares of the stock in a transaction dated Tuesday, July 1st. The stock was sold at an average price of $87.14, for a total transaction of $87,140.00. Following the transaction, the insider owned 74,393 shares of the company’s stock, valued at approximately $6,482,606.02. This represents a 1.33% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 3,972 shares of company stock valued at $353,549. Corporate insiders own 0.22% of the company’s stock.

TransUnion Price Performance

TRU stock opened at $92.82 on Thursday. The stock has a 50-day moving average price of $90.61 and a two-hundred day moving average price of $87.74. The stock has a market cap of $18.08 billion, a PE ratio of 46.41, a price-to-earnings-growth ratio of 2.45 and a beta of 1.65. The company has a current ratio of 2.03, a quick ratio of 2.02 and a debt-to-equity ratio of 1.09. TransUnion has a 1 year low of $66.38 and a 1 year high of $113.17.

TransUnion (NYSE:TRU) last released its earnings results on Thursday, July 24th. The business services provider reported $1.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.99 by $0.09. The firm had revenue of $1.14 billion during the quarter, compared to analysts’ expectations of $1.10 billion. TransUnion had a return on equity of 16.08% and a net margin of 8.99%. The company’s revenue was up 9.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.99 EPS. Equities analysts forecast that TransUnion will post 3.99 EPS for the current fiscal year.

TransUnion Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, September 8th. Shareholders of record on Friday, August 22nd will be issued a dividend of $0.115 per share. This represents a $0.46 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date is Friday, August 22nd. TransUnion’s dividend payout ratio is 23.00%.

Wall Street Analyst Weigh In

TRU has been the topic of a number of analyst reports. Needham & Company LLC reissued a “hold” rating on shares of TransUnion in a research note on Friday, July 25th. Wall Street Zen downgraded TransUnion from a “buy” rating to a “hold” rating in a research note on Sunday, August 3rd. Wells Fargo & Company cut their price target on TransUnion from $124.00 to $118.00 and set an “overweight” rating on the stock in a research note on Friday, July 25th. Stifel Nicolaus lowered their price objective on shares of TransUnion from $120.00 to $112.00 and set a “buy” rating for the company in a research report on Friday, April 25th. Finally, UBS Group restated a “neutral” rating and issued a $105.00 price objective (up previously from $98.00) on shares of TransUnion in a research report on Friday, July 25th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and ten have issued a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $112.46.

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.