TransUnion (NYSE:TRU) Shares Bought by Tokio Marine Asset Management Co. Ltd.

Tokio Marine Asset Management Co. Ltd. lifted its holdings in shares of TransUnion (NYSE:TRU) by 24.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,037 shares of the business services provider’s stock after buying an additional 1,362 shares during the period. Tokio Marine Asset Management Co. Ltd.’s holdings in TransUnion were worth $484,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the business. Morgan Stanley raised its stake in shares of TransUnion by 23.7% during the 3rd quarter. Morgan Stanley now owns 4,923,690 shares of the business services provider’s stock worth $353,472,000 after buying an additional 942,924 shares in the last quarter. Van ECK Associates Corp raised its stake in shares of TransUnion by 3.7% during the 3rd quarter. Van ECK Associates Corp now owns 3,709,136 shares of the business services provider’s stock worth $266,279,000 after buying an additional 130,991 shares in the last quarter. Victory Capital Management Inc. raised its stake in shares of TransUnion by 0.5% during the 3rd quarter. Victory Capital Management Inc. now owns 2,667,696 shares of the business services provider’s stock worth $191,514,000 after buying an additional 14,320 shares in the last quarter. Parnassus Investments LLC raised its stake in shares of TransUnion by 6.0% during the 3rd quarter. Parnassus Investments LLC now owns 2,172,921 shares of the business services provider’s stock worth $155,994,000 after buying an additional 122,519 shares in the last quarter. Finally, Northern Trust Corp raised its stake in shares of TransUnion by 2.8% during the 3rd quarter. Northern Trust Corp now owns 1,153,047 shares of the business services provider’s stock worth $82,777,000 after buying an additional 31,839 shares in the last quarter.

Insider Transactions at TransUnion

In other news, EVP Timothy J. Martin sold 12,000 shares of the firm’s stock in a transaction on Tuesday, March 5th. The stock was sold at an average price of $78.59, for a total transaction of $943,080.00. Following the sale, the executive vice president now owns 54,522 shares in the company, valued at $4,284,883.98. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In related news, EVP Richard Dane Mauldin sold 1,500 shares of TransUnion stock in a transaction on Thursday, March 14th. The stock was sold at an average price of $78.10, for a total value of $117,150.00. Following the transaction, the executive vice president now owns 22,033 shares in the company, valued at $1,720,777.30. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Timothy J. Martin sold 12,000 shares of TransUnion stock in a transaction on Tuesday, March 5th. The shares were sold at an average price of $78.59, for a total value of $943,080.00. Following the completion of the transaction, the executive vice president now owns 54,522 shares in the company, valued at approximately $4,284,883.98. The disclosure for this sale can be found here. Insiders have sold 15,275 shares of company stock worth $1,204,538 over the last quarter. 0.22% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on TRU. Morgan Stanley increased their target price on TransUnion from $87.00 to $90.00 and gave the stock an “overweight” rating in a research note on Friday. Truist Financial raised their price objective on TransUnion from $65.00 to $75.00 and gave the company a “hold” rating in a research note on Wednesday, February 14th. Bank of America raised TransUnion from an “underperform” rating to a “neutral” rating and raised their price objective for the company from $65.00 to $90.00 in a research note on Monday, April 1st. Stifel Nicolaus raised their price objective on TransUnion from $83.00 to $92.00 and gave the company a “buy” rating in a research note on Friday. Finally, Oppenheimer raised their price objective on TransUnion from $81.00 to $90.00 and gave the company an “outperform” rating in a research note on Tuesday, April 9th. Six equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $83.60.

TransUnion Price Performance

Shares of NYSE:TRU opened at $74.49 on Friday. The business’s fifty day moving average price is $76.32 and its two-hundred day moving average price is $67.88. The stock has a market cap of $14.47 billion, a PE ratio of -52.09, a price-to-earnings-growth ratio of 1.15 and a beta of 1.61. The company has a debt-to-equity ratio of 1.28, a quick ratio of 1.47 and a current ratio of 1.47. TransUnion has a one year low of $42.09 and a one year high of $82.75.

TransUnion (NYSE:TRU) last announced its earnings results on Thursday, April 25th. The business services provider reported $0.83 EPS for the quarter, beating analysts’ consensus estimates of $0.71 by $0.12. TransUnion had a positive return on equity of 14.22% and a negative net margin of 7.02%. The firm had revenue of $1.02 billion for the quarter, compared to analysts’ expectations of $977.62 million. On average, analysts forecast that TransUnion will post 3.31 EPS for the current fiscal year.

TransUnion Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 22nd. Stockholders of record on Thursday, March 7th were issued a dividend of $0.105 per share. This represents a $0.42 annualized dividend and a dividend yield of 0.56%. The ex-dividend date was Wednesday, March 6th. TransUnion’s dividend payout ratio (DPR) is -29.37%.

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.