D. E. Shaw & Co. Inc. grew its holdings in shares of TransUnion (NYSE:TRU) by 82.5% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,430,152 shares of the business services provider’s stock after acquiring an additional 646,636 shares during the quarter. D. E. Shaw & Co. Inc.’s holdings in TransUnion were worth $105,130,000 at the end of the most recent quarter.
Several other hedge funds have also bought and sold shares of TRU. Dimensional Fund Advisors LP raised its stake in shares of TransUnion by 8.0% during the fourth quarter. Dimensional Fund Advisors LP now owns 600,681 shares of the business services provider’s stock worth $34,116,000 after acquiring an additional 44,677 shares in the last quarter. Comerica Bank raised its stake in shares of TransUnion by 15.7% during the first quarter. Comerica Bank now owns 22,581 shares of the business services provider’s stock worth $1,544,000 after acquiring an additional 3,064 shares in the last quarter. Toronto Dominion Bank raised its stake in shares of TransUnion by 34.1% during the first quarter. Toronto Dominion Bank now owns 33,366 shares of the business services provider’s stock worth $2,230,000 after acquiring an additional 8,491 shares in the last quarter. CIBC Asset Management Inc raised its stake in shares of TransUnion by 12.7% during the first quarter. CIBC Asset Management Inc now owns 8,255 shares of the business services provider’s stock worth $552,000 after acquiring an additional 933 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. raised its stake in shares of TransUnion by 2.7% during the first quarter. Raymond James Financial Services Advisors Inc. now owns 28,800 shares of the business services provider’s stock worth $1,925,000 after acquiring an additional 752 shares in the last quarter.
Several research analysts have commented on the stock. Deutsche Bank lifted their price target on shares of TransUnion from $75.00 to $78.00 and gave the stock a “buy” rating in a research note on Tuesday, July 2nd. JPMorgan Chase & Co. lifted their price target on shares of TransUnion from $78.00 to $92.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 24th. SunTrust Banks reissued a “positive” rating and set a $90.00 price target on shares of TransUnion in a research note on Wednesday, July 24th. They noted that the move was a valuation call. Atlantic Securities cut shares of TransUnion from an “overweight” rating to a “neutral” rating in a report on Tuesday, July 30th. Finally, ValuEngine upgraded shares of TransUnion from a “hold” rating to a “buy” rating in a report on Tuesday, June 11th. Five research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. TransUnion presently has a consensus rating of “Buy” and an average price target of $79.42.
Shares of TransUnion stock traded down $0.28 on Friday, hitting $81.04. The stock had a trading volume of 944,765 shares, compared to its average volume of 919,579. The company has a quick ratio of 1.51, a current ratio of 1.51 and a debt-to-equity ratio of 1.82. TransUnion has a one year low of $52.15 and a one year high of $85.50. The stock has a market cap of $15.20 billion, a price-to-earnings ratio of 35.08, a PEG ratio of 3.28 and a beta of 1.00. The stock’s 50-day simple moving average is $82.29 and its two-hundred day simple moving average is $72.84.
TransUnion (NYSE:TRU) last issued its earnings results on Tuesday, July 23rd. The business services provider reported $0.66 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.58 by $0.08. TransUnion had a net margin of 12.84% and a return on equity of 22.94%. The firm had revenue of $661.90 million for the quarter, compared to analysts’ expectations of $644.73 million. During the same quarter last year, the business earned $0.62 earnings per share. The business’s revenue was up 17.5% on a year-over-year basis. As a group, equities analysts predict that TransUnion will post 2.47 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which was paid on Friday, September 6th. Stockholders of record on Thursday, August 22nd were issued a $0.075 dividend. This represents a $0.30 annualized dividend and a dividend yield of 0.37%. The ex-dividend date of this dividend was Wednesday, August 21st. TransUnion’s dividend payout ratio is 12.99%.
TransUnion Company Profile
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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