Center For Asset Management LLC Makes New $217,000 Investment in TransUnion (NYSE:TRU)

Center For Asset Management LLC bought a new position in TransUnion (NYSE:TRU) in the fourth quarter, Holdings Channel reports. The institutional investor bought 2,345 shares of the business services provider’s stock, valued at approximately $217,000.

Other institutional investors have also modified their holdings of the company. Huntington National Bank raised its stake in TransUnion by 84.5% during the third quarter. Huntington National Bank now owns 286 shares of the business services provider’s stock worth $30,000 after purchasing an additional 131 shares during the period. Versant Capital Management Inc increased its holdings in shares of TransUnion by 82.1% during the 4th quarter. Versant Capital Management Inc now owns 428 shares of the business services provider’s stock worth $40,000 after buying an additional 193 shares during the last quarter. Quarry LP raised its position in shares of TransUnion by 963.0% during the 2nd quarter. Quarry LP now owns 574 shares of the business services provider’s stock valued at $43,000 after buying an additional 520 shares during the period. Retirement Wealth Solutions LLC acquired a new position in TransUnion in the fourth quarter valued at approximately $44,000. Finally, True Wealth Design LLC grew its position in TransUnion by 4,590.0% in the third quarter. True Wealth Design LLC now owns 469 shares of the business services provider’s stock worth $49,000 after acquiring an additional 459 shares during the period.

Insider Activity

In other news, insider Todd C. Skinner sold 3,090 shares of TransUnion stock in a transaction dated Friday, November 29th. The shares were sold at an average price of $101.48, for a total transaction of $313,573.20. Following the completion of the sale, the insider now directly owns 24,333 shares in the company, valued at $2,469,312.84. The trade was a 11.27 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Steven M. Chaouki sold 1,500 shares of the company’s stock in a transaction that occurred on Friday, November 8th. The shares were sold at an average price of $105.66, for a total transaction of $158,490.00. Following the transaction, the insider now directly owns 62,988 shares in the company, valued at $6,655,312.08. The trade was a 2.33 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 19,090 shares of company stock valued at $1,916,758 over the last quarter. Corporate insiders own 0.22% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently commented on TRU. Morgan Stanley upped their price target on TransUnion from $119.00 to $130.00 and gave the company an “overweight” rating in a research note on Thursday, December 12th. Stifel Nicolaus upped their target price on shares of TransUnion from $103.00 to $120.00 and gave the company a “buy” rating in a research report on Thursday, October 24th. Wolfe Research raised shares of TransUnion from a “peer perform” rating to an “outperform” rating and set a $130.00 price target on the stock in a research note on Thursday, October 10th. Royal Bank of Canada restated an “outperform” rating and set a $121.00 target price on shares of TransUnion in a report on Thursday, October 24th. Finally, Robert W. Baird increased their price target on TransUnion from $104.00 to $130.00 and gave the company an “outperform” rating in a research report on Thursday, October 24th. Six equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. Based on data from MarketBeat, TransUnion currently has an average rating of “Moderate Buy” and a consensus target price of $108.19.

TransUnion Trading Down 0.6 %

Shares of TransUnion stock opened at $95.41 on Monday. The company has a market capitalization of $18.60 billion, a P/E ratio of 82.97, a PEG ratio of 1.16 and a beta of 1.62. TransUnion has a 1 year low of $66.07 and a 1 year high of $113.17. The company’s fifty day moving average is $95.88 and its two-hundred day moving average is $96.38. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.68 and a current ratio of 1.68.

TransUnion Announces Dividend

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

About TransUnion

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.