Picton Mahoney Asset Management Purchases New Stake in TransUnion (NYSE:TRU)

Picton Mahoney Asset Management purchased a new stake in TransUnion (NYSE:TRU) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 48,863 shares of the business services provider’s stock, valued at approximately $3,900,000.

A number of other large investors have also added to or reduced their stakes in the business. GAMMA Investing LLC bought a new position in TransUnion during the 4th quarter worth $30,000. Larson Financial Group LLC increased its position in TransUnion by 237.5% during the 1st quarter. Larson Financial Group LLC now owns 486 shares of the business services provider’s stock worth $39,000 after buying an additional 342 shares during the period. Westpac Banking Corp increased its position in TransUnion by 100.0% during the 4th quarter. Westpac Banking Corp now owns 908 shares of the business services provider’s stock worth $62,000 after buying an additional 454 shares during the period. Assetmark Inc. increased its position in TransUnion by 48.6% during the 4th quarter. Assetmark Inc. now owns 1,030 shares of the business services provider’s stock worth $71,000 after buying an additional 337 shares during the period. Finally, Headlands Technologies LLC increased its position in TransUnion by 206.7% during the 4th quarter. Headlands Technologies LLC now owns 1,141 shares of the business services provider’s stock worth $78,000 after buying an additional 769 shares during the period.

TransUnion Trading Down 0.1 %

TransUnion stock traded down $0.11 during trading hours on Friday, hitting $77.55. The stock had a trading volume of 1,473,247 shares, compared to its average volume of 1,589,319. The company has a quick ratio of 1.65, a current ratio of 1.65 and a debt-to-equity ratio of 1.26. The stock has a market cap of $15.06 billion, a price-to-earnings ratio of -53.92, a P/E/G ratio of 1.55 and a beta of 1.61. TransUnion has a one year low of $42.09 and a one year high of $82.91. The business’s 50 day simple moving average is $75.34 and its 200-day simple moving average is $74.25.

TransUnion (NYSE:TRU) last issued its quarterly earnings data on Thursday, April 25th. The business services provider reported $0.83 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.71 by $0.12. TransUnion had a positive return on equity of 14.26% and a negative net margin of 7.02%. The company had revenue of $1.02 billion during the quarter, compared to the consensus estimate of $977.62 million. On average, equities analysts predict that TransUnion will post 3.43 EPS for the current fiscal year.

TransUnion Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 3rd. Stockholders of record on Friday, May 17th were given a dividend of $0.105 per share. The ex-dividend date of this dividend was Thursday, May 16th. This represents a $0.42 dividend on an annualized basis and a dividend yield of 0.54%. TransUnion’s dividend payout ratio (DPR) is -29.37%.

Insider Transactions at TransUnion

In other news, CFO Todd M. Cello sold 12,865 shares of the firm’s stock in a transaction dated Friday, July 12th. The stock was sold at an average price of $80.00, for a total transaction of $1,029,200.00. Following the completion of the transaction, the chief financial officer now directly owns 101,426 shares in the company, valued at $8,114,080. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In other TransUnion news, insider Steven M. Chaouki sold 1,776 shares of TransUnion stock in a transaction that occurred on Monday, June 3rd. The stock was sold at an average price of $72.00, for a total value of $127,872.00. Following the completion of the sale, the insider now directly owns 71,547 shares in the company, valued at $5,151,384. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Todd M. Cello sold 12,865 shares of TransUnion stock in a transaction that occurred on Friday, July 12th. The stock was sold at an average price of $80.00, for a total value of $1,029,200.00. Following the completion of the sale, the chief financial officer now owns 101,426 shares of the company’s stock, valued at $8,114,080. The disclosure for this sale can be found here. Insiders sold 29,761 shares of company stock worth $2,266,576 over the last ninety days. 0.22% of the stock is owned by insiders.

Analysts Set New Price Targets

Several research firms have weighed in on TRU. Wolfe Research began coverage on TransUnion in a research report on Tuesday, July 9th. They set a “peer perform” rating on the stock. Stifel Nicolaus increased their target price on TransUnion from $83.00 to $92.00 and gave the stock a “buy” rating in a report on Friday, April 26th. Morgan Stanley increased their target price on TransUnion from $87.00 to $90.00 and gave the stock an “overweight” rating in a report on Friday, April 26th. Evercore ISI increased their target price on TransUnion from $70.00 to $80.00 and gave the stock an “in-line” rating in a report on Tuesday, March 26th. Finally, Robert W. Baird increased their target price on TransUnion from $87.00 to $94.00 and gave the stock an “outperform” rating in a report on Friday, April 26th. Six research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. Based on data from MarketBeat, TransUnion currently has an average rating of “Moderate Buy” and an average price target of $83.73.

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.