Ninety One UK Ltd Acquires 188,300 Shares of TransUnion (NYSE:TRU)

Ninety One UK Ltd grew its holdings in TransUnion (NYSE:TRU) by 6.6% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,054,632 shares of the business services provider’s stock after buying an additional 188,300 shares during the period. Ninety One UK Ltd owned approximately 1.57% of TransUnion worth $283,195,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in TRU. Algert Global LLC bought a new stake in TransUnion during the second quarter worth approximately $222,000. Creative Planning boosted its stake in TransUnion by 14.2% during the second quarter. Creative Planning now owns 7,842 shares of the business services provider’s stock worth $582,000 after buying an additional 975 shares during the period. Sanctuary Advisors LLC purchased a new stake in shares of TransUnion in the second quarter valued at $1,008,000. SG Americas Securities LLC purchased a new position in shares of TransUnion during the 3rd quarter worth about $469,000. Finally, Park Avenue Securities LLC purchased a new stake in TransUnion in the 3rd quarter worth about $490,000.

TransUnion Stock Up 1.5 %

Shares of NYSE TRU opened at $97.68 on Wednesday. TransUnion has a 1 year low of $66.07 and a 1 year high of $113.17. The company has a market capitalization of $19.04 billion, a price-to-earnings ratio of 84.94, a price-to-earnings-growth ratio of 1.20 and a beta of 1.63. 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 business has a 50-day moving average of $95.76 and a two-hundred day moving average of $97.30.

TransUnion Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, December 9th. Shareholders of record on Friday, November 22nd were paid a $0.105 dividend. The ex-dividend date of this dividend was Friday, November 22nd. This represents a $0.42 annualized dividend and a yield of 0.43%. TransUnion’s dividend payout ratio is currently 36.52%.

Analysts Set New Price Targets

Several research analysts recently commented on TRU shares. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $121.00 price target on shares of TransUnion in a research note on Thursday, October 24th. Stifel Nicolaus upped their price objective on TransUnion from $103.00 to $120.00 and gave the stock a “buy” rating in a research note on Thursday, October 24th. Oppenheimer lowered their price target on shares of TransUnion from $115.00 to $112.00 and set an “outperform” rating on the stock in a report on Tuesday, January 7th. Jefferies Financial Group cut their price objective on shares of TransUnion from $125.00 to $115.00 and set a “buy” rating on the stock in a report on Wednesday, January 15th. Finally, Wolfe Research upgraded TransUnion from a “peer perform” rating to an “outperform” rating and set a $130.00 target price for the company in a research note on Thursday, October 10th. Six equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $107.63.

Insiders Place Their Bets

In related news, Director George M. Awad sold 12,000 shares of the stock in a transaction on Monday, November 25th. The shares were sold at an average price of $100.00, for a total value of $1,200,000.00. Following the transaction, the director now directly owns 27,026 shares of the company’s stock, valued at $2,702,600. This trade represents a 30.75 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Todd C. Skinner sold 3,090 shares of the company’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 completion of 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 position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 20,090 shares of company stock valued at $2,012,708. 0.28% of the stock is owned by corporate insiders.

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.