TCW Group Inc. boosted its stake in shares of TransUnion (NYSE:TRU) by 13.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,605,860 shares of the business services provider’s stock after purchasing an additional 191,754 shares during the quarter. TCW Group Inc. owned 0.87% of TransUnion worth $91,180,000 at the end of the most recent quarter.
A number of other large investors also recently added to or reduced their stakes in TRU. BlackRock Inc. raised its stake in TransUnion by 26.9% during the 4th quarter. BlackRock Inc. now owns 7,414,930 shares of the business services provider’s stock valued at $407,523,000 after purchasing an additional 1,574,041 shares during the last quarter. Farallon Capital Management LLC raised its stake in shares of TransUnion by 61.7% in the 4th quarter. Farallon Capital Management LLC now owns 3,754,262 shares of the business services provider’s stock valued at $206,334,000 after buying an additional 1,432,104 shares in the last quarter. Carillon Tower Advisers Inc. acquired a new position in shares of TransUnion in the 4th quarter valued at $48,286,000. Two Sigma Investments LP raised its stake in shares of TransUnion by 3,010.8% in the 4th quarter. Two Sigma Investments LP now owns 805,438 shares of the business services provider’s stock valued at $44,267,000 after buying an additional 779,546 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its stake in shares of TransUnion by 350.7% in the 1st quarter. JPMorgan Chase & Co. now owns 943,510 shares of the business services provider’s stock valued at $53,573,000 after buying an additional 734,145 shares in the last quarter. Hedge funds and other institutional investors own 99.64% of the company’s stock.
TRU has been the subject of a number of recent research reports. Robert W. Baird increased their price objective on shares of TransUnion from $65.00 to $74.00 and gave the company an “outperform” rating in a research note on Monday, April 23rd. Morgan Stanley set a $57.00 price objective on shares of TransUnion and gave the company a “hold” rating in a research note on Wednesday, February 14th. ValuEngine upgraded shares of TransUnion from a “hold” rating to a “buy” rating in a research note on Monday, April 2nd. Zacks Investment Research cut shares of TransUnion from a “buy” rating to a “hold” rating in a research note on Tuesday, April 17th. Finally, Wells Fargo & Co set a $65.00 price objective on shares of TransUnion and gave the company a “hold” rating in a research note on Monday, April 23rd. Two analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $66.64.
Shares of TransUnion opened at $68.35 on Friday, MarketBeat Ratings reports. The stock has a market cap of $12.55 billion, a P/E ratio of 36.55, a PEG ratio of 3.08 and a beta of 0.72. The company has a quick ratio of 1.61, a current ratio of 1.61 and a debt-to-equity ratio of 1.21. TransUnion has a 12-month low of $41.07 and a 12-month high of $69.69.
TransUnion (NYSE:TRU) last announced its earnings results on Friday, April 20th. The business services provider reported $0.53 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.46 by $0.07. The business had revenue of $537.40 million during the quarter, compared to analysts’ expectations of $507.68 million. TransUnion had a net margin of 22.41% and a return on equity of 20.95%. The firm’s revenue for the quarter was up 18.1% on a year-over-year basis. During the same quarter last year, the company posted $0.42 EPS. equities research analysts forecast that TransUnion will post 2.22 EPS for the current fiscal year.
The company also recently announced a special dividend, which will be paid on Thursday, June 7th. Investors of record on Wednesday, May 23rd will be given a dividend of $0.075 per share. The ex-dividend date is Tuesday, May 22nd. TransUnion’s dividend payout ratio (DPR) is currently 17.54%.
In related news, CAO Timothy Elberfeld sold 1,450 shares of the stock in a transaction dated Thursday, March 1st. The shares were sold at an average price of $56.92, for a total transaction of $82,534.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP John T. Danaher sold 4,318 shares of the stock in a transaction dated Monday, April 30th. The stock was sold at an average price of $65.12, for a total transaction of $281,188.16. Following the sale, the executive vice president now owns 49,491 shares of the company’s stock, valued at approximately $3,222,853.92. The disclosure for this sale can be found here. Insiders have sold a total of 283,904 shares of company stock valued at $17,900,021 in the last quarter. 2.10% of the stock is currently owned by corporate insiders.
TransUnion provides risk and information solutions. The company operates in three segments: U.S. Information Services (USIS), International, and Consumer Interactive. The USIS segment provides consumer reports, risk scores, and analytical and decisioning services for businesses. These businesses use 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 investigate potential fraud.
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