B. Metzler seel. Sohn & Co. AG lessened its stake in shares of TransUnion (NYSE:TRU – Free Report) by 56.5% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 9,160 shares of the business services provider’s stock after selling 11,902 shares during the quarter. B. Metzler seel. Sohn & Co. AG’s holdings in TransUnion were worth $785,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Royal Bank of Canada grew its stake in shares of TransUnion by 85.3% in the first quarter. Royal Bank of Canada now owns 75,761 shares of the business services provider’s stock worth $6,288,000 after purchasing an additional 34,867 shares during the last quarter. Geneos Wealth Management Inc. grew its stake in shares of TransUnion by 1,318.2% in the first quarter. Geneos Wealth Management Inc. now owns 312 shares of the business services provider’s stock worth $26,000 after purchasing an additional 290 shares during the last quarter. Invesco Ltd. grew its stake in shares of TransUnion by 4.5% in the second quarter. Invesco Ltd. now owns 578,599 shares of the business services provider’s stock worth $50,917,000 after purchasing an additional 24,736 shares during the last quarter. EverSource Wealth Advisors LLC grew its stake in shares of TransUnion by 59.5% in the second quarter. EverSource Wealth Advisors LLC now owns 528 shares of the business services provider’s stock worth $46,000 after purchasing an additional 197 shares during the last quarter. Finally, The Manufacturers Life Insurance Company grew its stake in shares of TransUnion by 2.2% in the second quarter. The Manufacturers Life Insurance Company now owns 576,019 shares of the business services provider’s stock worth $50,690,000 after purchasing an additional 12,280 shares during the last quarter.
TransUnion Stock Performance
Shares of TRU opened at $72.74 on Monday. The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 1.08. The stock has a market capitalization of $14.04 billion, a P/E ratio of 31.36, a price-to-earnings-growth ratio of 1.29 and a beta of 1.71. The firm’s fifty day simple moving average is $72.90 and its two-hundred day simple moving average is $78.75. TransUnion has a 12 month low of $65.24 and a 12 month high of $99.39.
TransUnion Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Friday, March 13th. Shareholders of record on Thursday, February 26th were given a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a yield of 0.7%. This is an increase from TransUnion’s previous quarterly dividend of $0.12. The ex-dividend date of this dividend was Thursday, February 26th. TransUnion’s payout ratio is currently 21.55%.
Analysts Set New Price Targets
Several analysts recently weighed in on the stock. Wall Street Zen cut shares of TransUnion from a “buy” rating to a “hold” rating in a research note on Saturday, April 18th. Mizuho assumed coverage on shares of TransUnion in a research note on Thursday, April 16th. They issued a “neutral” rating and a $80.00 price objective on the stock. Wells Fargo & Company reduced their price objective on shares of TransUnion from $100.00 to $90.00 and set an “overweight” rating on the stock in a research note on Friday, February 13th. Needham & Company LLC reduced their price objective on shares of TransUnion from $115.00 to $95.00 and set a “buy” rating on the stock in a research note on Friday, February 13th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of TransUnion in a research note on Monday, April 20th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $92.53.
Read Our Latest Stock Report on TransUnion
Insider Activity
In other TransUnion news, insider Steven M. Chaouki sold 5,000 shares of the company’s stock in a transaction on Thursday, April 2nd. The shares were sold at an average price of $70.00, for a total transaction of $350,000.00. Following the sale, the insider owned 89,711 shares of the company’s stock, valued at approximately $6,279,770. This represents a 5.28% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Jennifer A. Williams sold 1,679 shares of the company’s stock in a transaction on Tuesday, March 3rd. The shares were sold at an average price of $80.00, for a total transaction of $134,320.00. Following the sale, the chief accounting officer directly owned 7,219 shares in the company, valued at $577,520. This trade represents a 18.87% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 13,729 shares of company stock worth $1,031,619. 0.37% of the stock is owned by insiders.
About TransUnion
TransUnion is a global information and insights company that helps businesses and consumers make critical decisions using data and analytics. As one of the three major credit bureaus in the United States, TransUnion collects and aggregates credit information on individuals and businesses, providing credit reports, risk scores and portfolio management tools to financial institutions, lenders, landlords and other decision makers. Its consumer-facing products enable individuals to monitor credit status, detect identity theft and access personalized financial insights.
The company’s offerings span credit risk assessment, identity management, fraud prevention and marketing solutions.
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