Larson Financial Group LLC Increases Stock Position in TransUnion (NYSE:TRU)

Larson Financial Group LLC boosted its holdings in TransUnion (NYSE:TRU) by 50.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,725 shares of the business services provider’s stock after purchasing an additional 1,242 shares during the quarter. Larson Financial Group LLC’s holdings in TransUnion were worth $390,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. California State Teachers Retirement System increased its stake in TransUnion by 2.4% in the first quarter. California State Teachers Retirement System now owns 327,518 shares of the business services provider’s stock valued at $26,136,000 after purchasing an additional 7,636 shares during the period. Victory Capital Management Inc. grew its holdings in shares of TransUnion by 24.1% during the second quarter. Victory Capital Management Inc. now owns 3,468,854 shares of the business services provider’s stock worth $257,250,000 after buying an additional 674,187 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. increased its position in TransUnion by 12.1% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,308,028 shares of the business services provider’s stock valued at $136,951,000 after acquiring an additional 140,952 shares during the period. Blue Trust Inc. raised its stake in TransUnion by 156.6% during the 2nd quarter. Blue Trust Inc. now owns 857 shares of the business services provider’s stock valued at $68,000 after acquiring an additional 523 shares during the last quarter. Finally, Harbor Capital Advisors Inc. lifted its position in TransUnion by 359.2% during the 2nd quarter. Harbor Capital Advisors Inc. now owns 9,804 shares of the business services provider’s stock worth $727,000 after acquiring an additional 7,669 shares during the period.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the company. Oppenheimer dropped their target price on TransUnion from $122.00 to $115.00 and set an “outperform” rating on the stock in a report on Wednesday, November 20th. Wells Fargo & Company boosted their price objective on shares of TransUnion from $125.00 to $135.00 and gave the company an “overweight” rating in a research note on Thursday, October 24th. Robert W. Baird raised their target price on shares of TransUnion from $104.00 to $130.00 and gave the stock an “outperform” rating in a research note on Thursday, October 24th. Wolfe Research upgraded shares of TransUnion from a “peer perform” rating to an “outperform” rating and set a $130.00 price target on the stock in a research note on Thursday, October 10th. Finally, Needham & Company LLC reissued a “hold” rating on shares of TransUnion in a report on Thursday, October 24th. Seven investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $106.38.

TransUnion Stock Performance

TRU opened at $100.73 on Wednesday. TransUnion has a 1-year low of $56.85 and a 1-year high of $113.17. The stock has a market cap of $19.63 billion, a P/E ratio of 87.59, a P/E/G ratio of 1.37 and a beta of 1.62. The stock’s 50 day simple moving average is $103.69 and its 200 day simple moving average is $89.94. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.68 and a quick ratio of 1.68.

TransUnion (NYSE:TRU) last released its quarterly earnings results on Wednesday, October 23rd. The business services provider reported $1.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.01 by $0.03. TransUnion had a return on equity of 15.38% and a net margin of 5.47%. The business had revenue of $1.09 billion during the quarter, compared to the consensus estimate of $1.06 billion. During the same quarter in the previous year, the company posted $0.80 EPS. The business’s revenue was up 12.0% on a year-over-year basis. As a group, equities analysts anticipate that TransUnion will post 3.46 EPS for the current fiscal year.

TransUnion Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 9th. Shareholders of record on Friday, November 22nd will be issued a $0.105 dividend. This represents a $0.42 annualized dividend and a dividend yield of 0.42%. The ex-dividend date of this dividend is Friday, November 22nd. TransUnion’s dividend payout ratio (DPR) is presently 36.52%.

Insider Activity

In other TransUnion news, EVP Timothy J. Martin sold 2,500 shares of the stock in a transaction on Tuesday, September 3rd. The stock was sold at an average price of $95.65, for a total transaction of $239,125.00. Following the sale, the executive vice president now owns 49,239 shares in the company, valued at approximately $4,709,710.35. This represents a 4.83 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Jennifer A. Williams sold 405 shares of the stock in a transaction on Thursday, August 29th. The shares were sold at an average price of $95.58, for a total value of $38,709.90. Following the sale, the chief accounting officer now directly owns 7,186 shares in the company, valued at approximately $686,837.88. The trade was a 5.34 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 23,078 shares of company stock worth $2,296,725 over the last ninety days. 0.22% of the stock is currently owned by insiders.

TransUnion 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.