Sei Investments Co. Raises Holdings in TransUnion (NYSE:TRU)

Sei Investments Co. boosted its stake in shares of TransUnion (NYSE:TRU) by 26.3% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 57,880 shares of the business services provider’s stock after acquiring an additional 12,053 shares during the quarter. Sei Investments Co.’s holdings in TransUnion were worth $4,292,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. lifted its holdings in TransUnion by 1.3% in the 4th quarter. Vanguard Group Inc. now owns 17,910,715 shares of the business services provider’s stock worth $1,230,645,000 after buying an additional 234,123 shares during the period. Massachusetts Financial Services Co. MA lifted its holdings in TransUnion by 32.2% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 16,339,762 shares of the business services provider’s stock worth $1,211,757,000 after buying an additional 3,977,595 shares during the period. Capital International Investors purchased a new stake in TransUnion in the 4th quarter worth approximately $663,001,000. Price T Rowe Associates Inc. MD lifted its holdings in TransUnion by 51.8% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 6,755,729 shares of the business services provider’s stock worth $539,108,000 after buying an additional 2,306,596 shares during the period. Finally, Van ECK Associates Corp lifted its holdings in TransUnion by 12.1% in the 1st quarter. Van ECK Associates Corp now owns 5,316,891 shares of the business services provider’s stock worth $424,288,000 after buying an additional 572,121 shares during the period.

Analyst Upgrades and Downgrades

TRU has been the subject of several research analyst reports. Royal Bank of Canada increased their price objective on TransUnion from $85.00 to $106.00 and gave the stock an “outperform” rating in a report on Friday, July 26th. UBS Group initiated coverage on TransUnion in a research report on Tuesday. They issued a “neutral” rating and a $110.00 target price for the company. Robert W. Baird increased their target price on TransUnion from $94.00 to $104.00 and gave the stock an “outperform” rating in a research report on Friday, July 26th. Oppenheimer increased their target price on TransUnion from $90.00 to $97.00 and gave the stock an “outperform” rating in a research report on Friday, July 26th. Finally, The Goldman Sachs Group increased their target price on TransUnion from $87.00 to $97.00 and gave the stock a “neutral” rating in a research report on Tuesday, August 20th. Eight analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, TransUnion currently has an average rating of “Moderate Buy” and an average price target of $93.13.

TransUnion Stock Down 1.2 %

TransUnion stock opened at $103.45 on Wednesday. The firm has a market cap of $20.10 billion, a price-to-earnings ratio of -72.34, a PEG ratio of 1.39 and a beta of 1.62. The stock has a fifty day simple moving average of $94.05 and a two-hundred day simple moving average of $82.10. TransUnion has a 12 month low of $42.09 and a 12 month high of $106.67. The company has a current ratio of 1.66, a quick ratio of 1.66 and a debt-to-equity ratio of 1.22.

TransUnion (NYSE:TRU) last posted its earnings results on Thursday, July 25th. The business services provider reported $0.99 EPS for the quarter, topping analysts’ consensus estimates of $0.86 by $0.13. The business had revenue of $1.04 billion during the quarter, compared to analyst estimates of $1.02 billion. TransUnion had a positive return on equity of 15.03% and a negative net margin of 6.11%. The company’s quarterly revenue was up 7.5% compared to the same quarter last year. During the same quarter last year, the company earned $0.76 EPS. Equities analysts predict that TransUnion will post 3.44 EPS for the current fiscal year.

TransUnion Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, September 9th. Shareholders of record on Friday, August 23rd were issued a $0.105 dividend. This represents a $0.42 dividend on an annualized basis and a dividend yield of 0.41%. The ex-dividend date was Friday, August 23rd. TransUnion’s payout ratio is -29.37%.

Insiders Place Their Bets

In other news, insider Steven M. Chaouki sold 1,000 shares of the firm’s stock in a transaction on Tuesday, September 3rd. The stock was sold at an average price of $95.65, for a total value of $95,650.00. Following the transaction, the insider now directly owns 64,488 shares in the company, valued at approximately $6,168,277.20. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. In other news, insider Steven M. Chaouki sold 1,000 shares of the firm’s stock in a transaction on Tuesday, September 3rd. The stock was sold at an average price of $95.65, for a total value of $95,650.00. Following the transaction, the insider now directly owns 64,488 shares in the company, valued at approximately $6,168,277.20. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, EVP Timothy J. Martin sold 2,500 shares of the firm’s stock in a transaction on Tuesday, September 3rd. The stock was sold at an average price of $95.65, for a total value of $239,125.00. Following the completion of the transaction, the executive vice president now owns 49,239 shares in the company, valued at $4,709,710.35. The disclosure for this sale can be found here. In the last quarter, insiders sold 24,080 shares of company stock valued at $2,067,454. Corporate insiders own 0.22% of the company’s stock.

TransUnion Company 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.