Victory Capital Management Inc. trimmed its stake in shares of TransUnion (NYSE:TRU – Free Report) by 22.2% during the 3rd quarter, Holdings Channel reports. The fund owned 2,698,250 shares of the business services provider’s stock after selling 770,604 shares during the quarter. Victory Capital Management Inc.’s holdings in TransUnion were worth $282,507,000 as of its most recent filing with the Securities & Exchange Commission.
Other large investors also recently bought and sold shares of the company. Signaturefd LLC increased its holdings in shares of TransUnion by 15.0% during the 3rd quarter. Signaturefd LLC now owns 788 shares of the business services provider’s stock valued at $83,000 after purchasing an additional 103 shares in the last quarter. Elo Mutual Pension Insurance Co raised its position in shares of TransUnion by 0.7% in the second quarter. Elo Mutual Pension Insurance Co now owns 17,822 shares of the business services provider’s stock worth $1,322,000 after acquiring an additional 123 shares during the period. Lindbrook Capital LLC boosted its stake in shares of TransUnion by 4.0% during the 3rd quarter. Lindbrook Capital LLC now owns 4,260 shares of the business services provider’s stock worth $446,000 after acquiring an additional 163 shares in the last quarter. V Square Quantitative Management LLC grew its position in shares of TransUnion by 6.4% during the 2nd quarter. V Square Quantitative Management LLC now owns 2,762 shares of the business services provider’s stock valued at $205,000 after acquiring an additional 165 shares during the period. Finally, National Bank of Canada FI increased its stake in shares of TransUnion by 22.3% in the 2nd quarter. National Bank of Canada FI now owns 910 shares of the business services provider’s stock valued at $66,000 after purchasing an additional 166 shares in the last quarter.
TransUnion Trading Down 3.7 %
NYSE:TRU traded down $3.93 during trading hours on Tuesday, reaching $102.84. 346,546 shares of the stock were exchanged, compared to its average volume of 1,587,173. TransUnion has a twelve month low of $51.50 and a twelve month high of $113.17. The business has a 50-day moving average of $103.22 and a two-hundred day moving average of $88.34. The company has a market capitalization of $20.04 billion, a price-to-earnings ratio of 91.36, a PEG ratio of 1.45 and a beta of 1.62. The company has a quick ratio of 1.68, a current ratio of 1.68 and a debt-to-equity ratio of 1.19.
TransUnion Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Monday, December 9th. Shareholders of record on Friday, November 22nd will be given a $0.105 dividend. The ex-dividend date of this dividend is Friday, November 22nd. This represents a $0.42 annualized dividend and a yield of 0.41%. TransUnion’s dividend payout ratio is presently 36.52%.
Insiders Place Their Bets
In other TransUnion news, insider Steven M. Chaouki sold 1,500 shares of the company’s stock in a transaction dated Friday, November 8th. The stock was sold at an average price of $105.66, for a total transaction of $158,490.00. Following the sale, the insider now owns 62,988 shares in the company, valued at $6,655,312.08. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In related news, CAO Jennifer A. Williams sold 405 shares of the business’s stock in a transaction on Thursday, August 29th. The shares were sold at an average price of $95.58, for a total transaction of $38,709.90. Following the completion of the transaction, the chief accounting officer now owns 7,186 shares in the company, valued at approximately $686,837.88. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Steven M. Chaouki sold 1,500 shares of the firm’s stock in a transaction on Friday, November 8th. The shares were sold at an average price of $105.66, for a total value of $158,490.00. Following the completion of the sale, the insider now owns 62,988 shares in the company, valued at approximately $6,655,312.08. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 11,315 shares of company stock worth $1,119,897 over the last 90 days. Corporate insiders own 0.22% of the company’s stock.
Wall Street Analyst Weigh In
Several analysts have commented on TRU shares. Wolfe Research raised TransUnion from a “peer perform” rating to an “outperform” rating and set a $130.00 price objective on the stock in a report on Thursday, October 10th. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $121.00 price target on shares of TransUnion in a research note on Thursday, October 24th. Wells Fargo & Company boosted their price objective on TransUnion from $125.00 to $135.00 and gave the stock an “overweight” rating in a research note on Thursday, October 24th. Barclays raised their target price on TransUnion from $80.00 to $105.00 and gave the company an “equal weight” rating in a research report on Friday, September 13th. Finally, UBS Group initiated coverage on TransUnion in a research report on Tuesday, October 1st. They set a “neutral” rating and a $110.00 price target for the company. Seven investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $104.53.
Get Our Latest Analysis on TransUnion
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.
Recommended Stories
- Five stocks we like better than TransUnion
- How Investors Can Identify and Successfully Trade Gap-Down Stocks
- Home Depot Stock: Targeting 12% in 2024 and 25% More in 2025
- How to Use the MarketBeat Excel Dividend Calculator
- Is Tesla’s Valuation a Bubble or Backed by Real Growth?
- How to Calculate Return on Investment (ROI)
- Trucking Stocks Led the Pack Last Week: Can They Keep Rolling?
Want to see what other hedge funds are holding TRU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for TransUnion (NYSE:TRU – Free Report).
Receive News & Ratings for TransUnion Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TransUnion and related companies with MarketBeat.com's FREE daily email newsletter.