Genesis Private Wealth LLC Makes New $234,000 Investment in TransUnion (NYSE:TRU)

Genesis Private Wealth LLC purchased a new position in shares of TransUnion (NYSE:TRU) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 2,523 shares of the business services provider’s stock, valued at approximately $234,000.

A number of other large investors have also recently bought and sold shares of TRU. Huntington National Bank boosted its position in TransUnion by 84.5% during the 3rd quarter. Huntington National Bank now owns 286 shares of the business services provider’s stock worth $30,000 after acquiring an additional 131 shares during the last quarter. Versant Capital Management Inc boosted its holdings in shares of TransUnion by 82.1% in the 4th quarter. Versant Capital Management Inc now owns 428 shares of the business services provider’s stock valued at $40,000 after buying an additional 193 shares during the last quarter. Quarry LP boosted its holdings in shares of TransUnion by 963.0% in the 2nd quarter. Quarry LP now owns 574 shares of the business services provider’s stock valued at $43,000 after buying an additional 520 shares during the last quarter. Retirement Wealth Solutions LLC acquired a new stake in shares of TransUnion in the 4th quarter valued at approximately $44,000. Finally, True Wealth Design LLC boosted its holdings in shares of TransUnion by 4,590.0% in the 3rd quarter. True Wealth Design LLC now owns 469 shares of the business services provider’s stock valued at $49,000 after buying an additional 459 shares during the last quarter.

Analyst Ratings Changes

Several research firms have recently commented on TRU. Needham & Company LLC reissued a “hold” rating on shares of TransUnion in a report on Thursday, January 16th. The Goldman Sachs Group increased their price objective on TransUnion from $97.00 to $109.00 and gave the company a “neutral” rating in a report on Wednesday, October 2nd. Stifel Nicolaus increased their price objective on TransUnion from $103.00 to $120.00 and gave the company a “buy” rating in a report on Thursday, October 24th. Jefferies Financial Group dropped their price target on TransUnion from $125.00 to $115.00 and set a “buy” rating on the stock in a research note on Wednesday, January 15th. Finally, Wells Fargo & Company dropped their price target on TransUnion from $135.00 to $126.00 and set an “overweight” rating on the stock in a research note on Friday, January 10th. Seven analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $108.19.

TransUnion Stock Up 1.1 %

TRU stock opened at $96.33 on Wednesday. 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 has a fifty-two week low of $66.07 and a fifty-two week high of $113.17. The stock has a market capitalization of $18.77 billion, a price-to-earnings ratio of 83.76, a PEG ratio of 1.15 and a beta of 1.62. The business’s fifty day moving average price is $96.09 and its two-hundred day moving average price is $95.97.

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

TransUnion Announces Dividend

The business 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 dividend on an annualized basis and a dividend yield of 0.44%. The ex-dividend date of this dividend was Friday, November 22nd. TransUnion’s payout ratio is currently 36.52%.

Insider Buying and Selling

In related news, insider Steven M. Chaouki sold 1,500 shares of the firm’s stock in a transaction dated Friday, November 8th. The stock was sold at an average price of $105.66, for a total value of $158,490.00. Following the sale, the insider now directly owns 62,988 shares of the company’s stock, valued at $6,655,312.08. This trade represents a 2.33 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Todd C. Skinner sold 3,090 shares of the firm’s stock in a transaction dated Friday, November 29th. The shares were sold at an average price of $101.48, for a total value of $313,573.20. Following the completion of the sale, the insider now directly owns 24,333 shares in the company, valued at $2,469,312.84. This trade represents a 11.27 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 19,090 shares of company stock worth $1,916,758. Company insiders own 0.28% of the company’s stock.

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.