D.B. Root & Company LLC Sells 177 Shares of TransUnion (NYSE:TRU)

D.B. Root & Company LLC decreased its position in shares of TransUnion (NYSE:TRU) by 4.1% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 4,107 shares of the business services provider’s stock after selling 177 shares during the quarter. D.B. Root & Company LLC’s holdings in TransUnion were worth $381,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of TRU. Sumitomo Mitsui Trust Group Inc. increased its position in shares of TransUnion by 12.1% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,308,028 shares of the business services provider’s stock worth $136,951,000 after buying an additional 140,952 shares during the period. FMR LLC grew its holdings in TransUnion by 307.7% during the 3rd quarter. FMR LLC now owns 4,540,896 shares of the business services provider’s stock worth $475,432,000 after acquiring an additional 3,427,199 shares during the period. Dark Forest Capital Management LP acquired a new stake in TransUnion during the 2nd quarter worth about $493,000. Captrust Financial Advisors bought a new position in shares of TransUnion in the 3rd quarter worth about $892,000. Finally, Artemis Investment Management LLP acquired a new position in shares of TransUnion in the 3rd quarter valued at about $32,008,000.

TransUnion Trading Down 0.4 %

Shares of TransUnion stock opened at $95.99 on Thursday. The company has a market capitalization of $18.71 billion, a P/E ratio of 83.47, a price-to-earnings-growth ratio of 1.16 and a beta of 1.62. The stock has a fifty day simple moving average of $95.95 and a 200 day simple moving average of $95.97. TransUnion has a 12-month low of $66.07 and a 12-month high of $113.17. The company has a current ratio of 1.68, a quick ratio of 1.68 and a debt-to-equity ratio of 1.19.

TransUnion (NYSE:TRU) last posted its quarterly earnings data 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. TransUnion had a net margin of 5.47% and a return on equity of 15.38%. The firm had revenue of $1.09 billion during the quarter, compared to analyst estimates of $1.06 billion. During the same quarter last year, the business posted $0.80 EPS. The company’s revenue for the quarter was up 12.0% on a year-over-year basis. On average, sell-side analysts anticipate that TransUnion will post 3.44 earnings per share for the current fiscal year.

TransUnion Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 9th. Shareholders of record on Friday, November 22nd were given a $0.105 dividend. The ex-dividend date of this dividend was Friday, November 22nd. This represents a $0.42 annualized dividend and a yield of 0.44%. TransUnion’s dividend payout ratio is currently 36.52%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on TRU shares. Robert W. Baird lifted their target price on TransUnion from $104.00 to $130.00 and gave the stock an “outperform” rating in a report on Thursday, October 24th. Jefferies Financial Group dropped their target price on shares of TransUnion from $125.00 to $115.00 and set a “buy” rating on the stock in a research report on Wednesday, January 15th. Royal Bank of Canada reissued an “outperform” rating and set a $121.00 target price on shares of TransUnion in a research note on Thursday, October 24th. Stifel Nicolaus lifted their price target on shares of TransUnion from $103.00 to $120.00 and gave the company a “buy” rating in a research note on Thursday, October 24th. Finally, Oppenheimer cut their price objective on shares of TransUnion from $115.00 to $112.00 and set an “outperform” rating on the stock in a research report on Tuesday, January 7th. Seven analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $108.19.

Insider Buying and Selling at TransUnion

In related news, insider Steven M. Chaouki sold 1,000 shares of the company’s stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $93.60, for a total value of $93,600.00. Following the transaction, the insider now owns 59,488 shares in the company, valued at approximately $5,568,076.80. This represents a 1.65 % 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 link. Also, Director George M. Awad sold 12,000 shares of the firm’s stock in a transaction on Monday, November 25th. The stock was sold at an average price of $100.00, for a total value of $1,200,000.00. Following the completion of the sale, the director now directly owns 27,026 shares of the company’s stock, valued at $2,702,600. This represents a 30.75 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 19,090 shares of company stock worth $1,916,758 in the last quarter. 0.22% of the stock is currently owned by company insiders.

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.