CCLA Investment Management Decreases Position in TransUnion (NYSE:TRU)

CCLA Investment Management lowered its stake in shares of TransUnion (NYSE:TRU) by 37.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,143,105 shares of the business services provider’s stock after selling 697,456 shares during the quarter. CCLA Investment Management’s holdings in TransUnion were worth $105,931,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of TRU. FMR LLC increased its holdings in TransUnion by 307.7% during the 3rd quarter. FMR LLC now owns 4,540,896 shares of the business services provider’s stock worth $475,432,000 after purchasing an additional 3,427,199 shares during the period. Massachusetts Financial Services Co. MA grew its position in shares of TransUnion by 17.4% during the third quarter. Massachusetts Financial Services Co. MA now owns 19,180,562 shares of the business services provider’s stock worth $2,008,205,000 after buying an additional 2,840,800 shares in the last quarter. XN LP increased its stake in shares of TransUnion by 194.7% during the second quarter. XN LP now owns 1,973,684 shares of the business services provider’s stock worth $146,368,000 after buying an additional 1,303,996 shares during the period. Westfield Capital Management Co. LP acquired a new stake in TransUnion in the third quarter valued at approximately $92,661,000. Finally, Wellington Management Group LLP lifted its stake in TransUnion by 16.8% in the third quarter. Wellington Management Group LLP now owns 4,426,510 shares of the business services provider’s stock worth $463,456,000 after acquiring an additional 635,581 shares during the last quarter.

TransUnion Price Performance

TransUnion stock opened at $89.96 on Wednesday. The business has a 50 day simple moving average of $97.10 and a 200-day simple moving average of $95.25. TransUnion has a 12 month low of $66.07 and a 12 month high of $113.17. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.68 and a quick ratio of 1.68. The stock has a market capitalization of $17.53 billion, a PE ratio of 78.23, a price-to-earnings-growth ratio of 1.37 and a beta of 1.62.

TransUnion (NYSE:TRU) last announced its quarterly earnings data on Wednesday, October 23rd. The business services provider reported $1.04 earnings per share (EPS) for the quarter, beating 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 company had revenue of $1.09 billion for the quarter, compared to analysts’ expectations of $1.06 billion. During the same period in the previous year, the company posted $0.80 EPS. TransUnion’s revenue was up 12.0% compared to the same quarter last year. Equities analysts predict that TransUnion will post 3.44 earnings per share for the current year.

TransUnion Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 9th. Investors of record on Friday, November 22nd were given a $0.105 dividend. The ex-dividend date was Friday, November 22nd. This represents a $0.42 dividend on an annualized basis and a yield of 0.47%. TransUnion’s payout ratio is currently 36.52%.

Insider Activity at TransUnion

In related news, insider Todd C. Skinner sold 3,090 shares of the company’s stock in a transaction on Friday, November 29th. The stock was 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 of the company’s stock, valued at $2,469,312.84. This represents a 11.27 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Steven M. Chaouki sold 1,000 shares of the business’s stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $93.60, for a total transaction of $93,600.00. Following the sale, the insider now owns 59,488 shares in the company, valued at $5,568,076.80. The trade was a 1.65 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 19,090 shares of company stock worth $1,916,758 over the last 90 days. Company insiders own 0.22% of the company’s stock.

Wall Street Analysts Forecast Growth

TRU has been the topic of a number of recent analyst reports. Wells Fargo & Company dropped their price objective on shares of TransUnion from $135.00 to $126.00 and set an “overweight” rating on the stock in a research report on Friday, January 10th. UBS Group started coverage on shares of TransUnion in a research report on Tuesday, October 1st. They issued a “neutral” rating and a $110.00 price target for the company. Needham & Company LLC reaffirmed a “hold” rating on shares of TransUnion in a report on Thursday, October 24th. Morgan Stanley boosted their target price on TransUnion from $119.00 to $130.00 and gave the company an “overweight” rating in a report on Thursday, December 12th. Finally, The Goldman Sachs Group raised their price target on TransUnion from $97.00 to $109.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 2nd. Seven research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to MarketBeat.com, TransUnion presently has a consensus rating of “Moderate Buy” and a consensus price target of $106.31.

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.