Strs Ohio cut its stake in shares of TransUnion (NYSE:TRU – Get Rating) by 83.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 20,000 shares of the business services provider’s stock after selling 100,000 shares during the period. Strs Ohio’s holdings in TransUnion were worth $1,135,000 as of its most recent SEC filing.
Several other large investors have also bought and sold shares of TRU. CCLA Investment Management bought a new position in TransUnion during the 3rd quarter valued at $80,459,000. Van ECK Associates Corp lifted its stake in TransUnion by 94.7% during the 3rd quarter. Van ECK Associates Corp now owns 2,301,642 shares of the business services provider’s stock valued at $136,925,000 after acquiring an additional 1,119,469 shares in the last quarter. BlueSpruce Investments LP lifted its stake in TransUnion by 19.4% during the 3rd quarter. BlueSpruce Investments LP now owns 5,983,742 shares of the business services provider’s stock valued at $355,973,000 after acquiring an additional 973,517 shares in the last quarter. Rockefeller Capital Management L.P. raised its stake in shares of TransUnion by 82,863.6% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 735,887 shares of the business services provider’s stock worth $43,776,000 after purchasing an additional 735,000 shares during the period. Finally, Frontier Capital Management Co. LLC bought a new stake in shares of TransUnion during the 3rd quarter worth $35,442,000. 95.02% of the stock is currently owned by institutional investors.
Insider Buying and Selling at TransUnion
In other TransUnion news, EVP Richard Dane Mauldin sold 7,250 shares of TransUnion stock in a transaction dated Thursday, March 16th. The stock was sold at an average price of $60.63, for a total transaction of $439,567.50. Following the completion of the transaction, the executive vice president now owns 24,805 shares of the company’s stock, valued at approximately $1,503,927.15. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In other news, EVP Richard Dane Mauldin sold 7,250 shares of the business’s stock in a transaction dated Thursday, March 16th. The stock was sold at an average price of $60.63, for a total transaction of $439,567.50. Following the completion of the transaction, the executive vice president now owns 24,805 shares of the company’s stock, valued at $1,503,927.15. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Todd C. Skinner sold 25,989 shares of the business’s stock in a transaction dated Wednesday, March 29th. The stock was sold at an average price of $60.00, for a total value of $1,559,340.00. Following the transaction, the insider now directly owns 28,749 shares of the company’s stock, valued at approximately $1,724,940. The disclosure for this sale can be found here. Insiders sold 41,235 shares of company stock valued at $2,457,958 in the last quarter. 0.22% of the stock is currently owned by corporate insiders.
TransUnion Trading Down 0.8 %
TransUnion (NYSE:TRU – Get Rating) last posted its earnings results on Tuesday, February 14th. The business services provider reported $0.70 earnings per share for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.04). The company had revenue of $902.10 million for the quarter, compared to analysts’ expectations of $904.34 million. TransUnion had a net margin of 7.26% and a return on equity of 15.22%. As a group, research analysts anticipate that TransUnion will post 3.2 EPS for the current year.
TransUnion Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Friday, March 24th. Shareholders of record on Thursday, March 9th were issued a dividend of $0.105 per share. This represents a $0.42 dividend on an annualized basis and a yield of 0.66%. The ex-dividend date of this dividend was Wednesday, March 8th. TransUnion’s payout ratio is presently 30.22%.
Wall Street Analyst Weigh In
A number of equities research analysts have recently commented on TRU shares. Robert W. Baird lifted their target price on TransUnion from $78.00 to $83.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 15th. The Goldman Sachs Group lifted their target price on TransUnion from $67.00 to $76.00 and gave the stock a “neutral” rating in a research note on Monday, February 6th. Wells Fargo & Company upgraded TransUnion from an “equal weight” rating to an “overweight” rating and lifted their target price for the stock from $70.00 to $88.00 in a research note on Friday, January 13th. Truist Financial lowered their target price on TransUnion from $74.00 to $66.00 in a research note on Thursday, March 16th. Finally, Bank of America lowered their target price on TransUnion from $91.00 to $84.00 and set a “buy” rating on the stock in a research note on Wednesday, February 15th. Five analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $77.00.
About TransUnion
TransUnion engages in the provision of information and risk management solutions. It also provides consumer reports, risk scores, analytical services, and decision-making capabilities to businesses. It operates through the following segments: U.S. Markets, International, Consumer Interactive, and Corporate.
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