Natixis bought a new stake in shares of TransUnion (NYSE:TRU) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 322,026 shares of the business services provider’s stock, valued at approximately $18,285,000. Natixis owned about 0.18% of TransUnion as of its most recent SEC filing.
A number of other large investors have also recently bought and sold shares of the stock. Barclays PLC lifted its position in TransUnion by 74.9% during the first quarter. Barclays PLC now owns 79,986 shares of the business services provider’s stock valued at $4,541,000 after acquiring an additional 34,247 shares during the last quarter. Ostrum Asset Management acquired a new position in TransUnion during the 1st quarter valued at approximately $617,000. The Manufacturers Life Insurance Company increased its stake in TransUnion by 15,840.6% during the 1st quarter. The Manufacturers Life Insurance Company now owns 1,029,919 shares of the business services provider’s stock valued at $58,479,000 after purchasing an additional 1,023,458 shares in the last quarter. Silvercrest Asset Management Group LLC increased its stake in TransUnion by 0.4% during the 1st quarter. Silvercrest Asset Management Group LLC now owns 901,498 shares of the business services provider’s stock valued at $51,186,000 after purchasing an additional 4,008 shares in the last quarter. Finally, A.R.T. Advisors LLC acquired a new position in TransUnion during the 1st quarter valued at approximately $1,022,000. 98.59% of the stock is owned by institutional investors.
TRU has been the topic of a number of recent analyst reports. Zacks Investment Research upgraded shares of TransUnion from a “hold” rating to a “buy” rating and set a $63.00 price target on the stock in a research note on Friday, February 16th. ValuEngine upgraded shares of TransUnion from a “hold” rating to a “buy” rating in a research note on Monday, April 2nd. Stifel Nicolaus upped their price target on shares of TransUnion from $62.00 to $74.00 and gave the company a “buy” rating in a research note on Monday, April 23rd. Morgan Stanley upped their price target on shares of TransUnion from $57.00 to $62.00 and gave the company a “hold” rating in a research note on Monday, April 23rd. Finally, Wells Fargo & Co set a $65.00 price target on shares of TransUnion and gave the company a “hold” rating in a research note on Monday, April 23rd. Two research analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the company. TransUnion currently has a consensus rating of “Buy” and a consensus target price of $66.64.
TransUnion (NYSE:TRU) last released its quarterly earnings data on Friday, April 20th. The business services provider reported $0.53 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.46 by $0.07. The firm had revenue of $537.40 million for the quarter, compared to analyst estimates of $507.68 million. TransUnion had a net margin of 22.41% and a return on equity of 20.95%. The business’s quarterly revenue was up 18.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.42 earnings per share. research analysts predict that TransUnion will post 2.22 EPS for the current fiscal year.
The firm also recently disclosed a special dividend, which was paid on Thursday, June 7th. Stockholders of record on Wednesday, May 23rd were paid a $0.075 dividend. The ex-dividend date of this dividend was Tuesday, May 22nd. TransUnion’s payout ratio is currently 17.54%.
In other news, insider James M. Peck sold 209,500 shares of the stock in a transaction on Friday, April 27th. The shares were sold at an average price of $64.64, for a total value of $13,542,080.00. Following the sale, the insider now owns 467,127 shares in the company, valued at $30,195,089.28. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Gerald M. Mccarthy, Jr. sold 50,000 shares of the stock in a transaction on Friday, June 8th. The stock was sold at an average price of $70.84, for a total transaction of $3,542,000.00. Following the completion of the sale, the executive vice president now owns 86,638 shares in the company, valued at approximately $6,137,435.92. The disclosure for this sale can be found here. Insiders sold 314,731 shares of company stock worth $20,913,898 in the last quarter. Company insiders own 2.10% of the company’s stock.
TransUnion Company Profile
TransUnion provides risk and information solutions. The company operates in three segments: U.S. Information Services (USIS), International, and Consumer Interactive. The USIS segment provides consumer reports, risk scores, and analytical and decisioning services for businesses. These businesses use 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 investigate potential fraud.
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