TransUnion $TRU Holdings Decreased by Bessemer Group Inc.

Bessemer Group Inc. lessened its position in TransUnion (NYSE:TRU) by 0.9% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,563,453 shares of the business services provider’s stock after selling 33,913 shares during the period. Bessemer Group Inc. owned approximately 1.83% of TransUnion worth $298,546,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Penserra Capital Management LLC raised its holdings in shares of TransUnion by 12.8% during the second quarter. Penserra Capital Management LLC now owns 1,055 shares of the business services provider’s stock valued at $92,000 after acquiring an additional 120 shares during the period. Covestor Ltd boosted its position in TransUnion by 20.9% during the third quarter. Covestor Ltd now owns 735 shares of the business services provider’s stock worth $62,000 after purchasing an additional 127 shares during the period. DAVENPORT & Co LLC grew its holdings in TransUnion by 0.4% in the 3rd quarter. DAVENPORT & Co LLC now owns 33,166 shares of the business services provider’s stock valued at $2,779,000 after buying an additional 137 shares during the last quarter. Rovin Capital UT ADV boosted its holdings in TransUnion by 2.3% in the 3rd quarter. Rovin Capital UT ADV now owns 6,414 shares of the business services provider’s stock valued at $537,000 after purchasing an additional 147 shares during the period. Finally, One Wealth Advisors LLC lifted its position in shares of TransUnion by 7.3% in the 3rd quarter. One Wealth Advisors LLC now owns 2,622 shares of the business services provider’s stock worth $220,000 after acquiring an additional 179 shares during the period.

TransUnion Price Performance

TransUnion stock opened at $69.51 on Thursday. The stock has a 50-day moving average price of $83.83 and a two-hundred day moving average price of $85.30. The company has a market capitalization of $13.50 billion, a PE ratio of 32.48, a P/E/G ratio of 1.27 and a beta of 1.70. TransUnion has a 12 month low of $65.24 and a 12 month high of $101.19. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 1.10.

TransUnion Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 8th. Shareholders of record on Friday, November 21st were paid a dividend of $0.115 per share. This represents a $0.46 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date was Friday, November 21st. TransUnion’s payout ratio is 21.50%.

Analyst Ratings Changes

Several research analysts have issued reports on TRU shares. JPMorgan Chase & Co. dropped their price objective on TransUnion from $118.00 to $107.00 and set an “overweight” rating for the company in a research note on Friday, October 24th. Needham & Company LLC reiterated a “buy” rating and set a $115.00 price target on shares of TransUnion in a research report on Monday, October 20th. UBS Group set a $90.00 price objective on TransUnion and gave the stock a “neutral” rating in a research note on Friday, October 24th. The Goldman Sachs Group increased their target price on TransUnion from $78.00 to $86.00 and gave the company a “neutral” rating in a research note on Friday, October 24th. Finally, Wells Fargo & Company reduced their target price on TransUnion from $118.00 to $100.00 and set an “overweight” rating on the stock in a report on Wednesday, January 14th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $101.08.

Insiders Place Their Bets

In other news, insider Steven M. Chaouki sold 1,000 shares of the company’s stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $85.71, for a total value of $85,710.00. Following the completion of the transaction, the insider directly owned 61,592 shares of the company’s stock, valued at $5,279,050.32. This represents a 1.60% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Tiffani Chambers sold 4,318 shares of TransUnion stock in a transaction dated Wednesday, December 17th. The stock was sold at an average price of $86.00, for a total transaction of $371,348.00. Following the completion of the transaction, the executive vice president owned 50,427 shares of the company’s stock, valued at $4,336,722. The trade was a 7.89% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 7,818 shares of company stock valued at $663,883. Corporate insiders own 0.22% of the company’s stock.

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.