Ridgewood Investments LLC Reduces Holdings in TransUnion (NYSE:TRU)

Ridgewood Investments LLC trimmed its stake in TransUnion (NYSE:TRU) by 22.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 783 shares of the business services provider’s stock after selling 231 shares during the period. Ridgewood Investments LLC’s holdings in TransUnion were worth $73,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of TRU. Huntington National Bank increased its stake in TransUnion by 84.5% during the 3rd quarter. Huntington National Bank now owns 286 shares of the business services provider’s stock valued at $30,000 after purchasing an additional 131 shares in the last quarter. Versant Capital Management Inc grew its stake in shares of TransUnion by 82.1% in the fourth quarter. Versant Capital Management Inc now owns 428 shares of the business services provider’s stock worth $40,000 after acquiring an additional 193 shares during the period. Quarry LP grew its stake in shares of TransUnion by 963.0% in the second quarter. Quarry LP now owns 574 shares of the business services provider’s stock worth $43,000 after acquiring an additional 520 shares during the period. True Wealth Design LLC grew its stake in shares of TransUnion by 4,590.0% in the third quarter. True Wealth Design LLC now owns 469 shares of the business services provider’s stock worth $49,000 after acquiring an additional 459 shares during the period. Finally, National Bank of Canada FI grew its stake in shares of TransUnion by 22.3% in the second quarter. National Bank of Canada FI now owns 910 shares of the business services provider’s stock worth $66,000 after acquiring an additional 166 shares during the period.

TransUnion Price Performance

TRU stock opened at $86.55 on Friday. TransUnion has a one year low of $66.07 and a one year high of $113.17. The company’s fifty day moving average price is $97.82 and its 200-day moving average price is $94.68. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.68 and a current ratio of 1.68. The company has a market capitalization of $16.87 billion, a PE ratio of 75.26, a price-to-earnings-growth ratio of 1.37 and a beta of 1.62.

TransUnion (NYSE:TRU) last released its earnings results on Wednesday, October 23rd. The business services provider reported $1.04 EPS for the quarter, topping the consensus estimate of $1.01 by $0.03. TransUnion had a net margin of 5.47% and a return on equity of 15.38%. The firm had revenue of $1.09 billion for the quarter, compared to the consensus estimate of $1.06 billion. During the same quarter in the previous year, the firm earned $0.80 earnings per share. The company’s quarterly revenue was up 12.0% compared to the same quarter last year. On average, equities analysts anticipate that TransUnion will post 3.44 EPS for the current fiscal year.

TransUnion Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 9th. Investors of record on Friday, November 22nd were given a $0.105 dividend. This represents a $0.42 annualized dividend and a yield of 0.49%. The ex-dividend date of this dividend was Friday, November 22nd. TransUnion’s dividend payout ratio is presently 36.52%.

Insider Buying and Selling

In other TransUnion news, insider Todd C. Skinner sold 3,090 shares of the business’s stock in a transaction on Friday, November 29th. The shares were sold at an average price of $101.48, for a total transaction of $313,573.20. Following the transaction, the insider now owns 24,333 shares in the company, valued at $2,469,312.84. The trade was a 11.27 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director George M. Awad sold 12,000 shares of the business’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of $100.00, for a total transaction of $1,200,000.00. Following the transaction, the director now owns 27,026 shares in the company, valued at $2,702,600. This trade represents a 30.75 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 19,090 shares of company stock worth $1,916,758. Insiders own 0.28% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently commented on the stock. Wells Fargo & Company reduced their price target on shares of TransUnion from $135.00 to $126.00 and set an “overweight” rating for the company in a research note on Friday. Wolfe Research upgraded shares of TransUnion from a “peer perform” rating to an “outperform” rating and set a $130.00 price target for the company in a research note on Thursday, October 10th. Robert W. Baird lifted their price target 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. Barclays boosted their target price on shares of TransUnion from $80.00 to $105.00 and gave the company an “equal weight” rating in a research report on Friday, September 13th. Finally, The Goldman Sachs Group boosted their target price on shares of TransUnion from $97.00 to $109.00 and gave the company a “neutral” rating in a research report on Wednesday, October 2nd. Seven investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $106.31.

About TransUnion

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.