Swiss National Bank increased its position in shares of TransUnion (NYSE:TRU) by 2.9% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 618,100 shares of the business services provider’s stock after purchasing an additional 17,300 shares during the quarter. Swiss National Bank owned 0.33% of TransUnion worth $41,314,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently bought and sold shares of TRU. Karp Capital Management Corp purchased a new stake in TransUnion in the 4th quarter valued at $37,000. Harel Insurance Investments & Financial Services Ltd. purchased a new stake in TransUnion in the 1st quarter valued at $80,000. Ropes Wealth Advisors LLC purchased a new stake in TransUnion in the 4th quarter valued at $83,000. First Manhattan Co. purchased a new stake in TransUnion in the 4th quarter valued at $132,000. Finally, Strs Ohio increased its position in shares of TransUnion by 23.9% during the 1st quarter. Strs Ohio now owns 2,343 shares of the business services provider’s stock valued at $156,000 after purchasing an additional 452 shares during the last quarter.
TRU traded up $6.22 during trading hours on Friday, hitting $78.34. The stock had a trading volume of 1,423,600 shares, compared to its average volume of 1,407,081. TransUnion has a 1 year low of $52.15 and a 1 year high of $79.48. The firm’s fifty day simple moving average is $68.02. The company has a debt-to-equity ratio of 1.90, a quick ratio of 1.64 and a current ratio of 1.64. The stock has a market capitalization of $13.31 billion, a PE ratio of 33.91, a PEG ratio of 2.98 and a beta of 0.96.
The firm also recently declared a quarterly dividend, which was paid on Friday, June 7th. Stockholders of record on Thursday, May 23rd were given a dividend of $0.075 per share. The ex-dividend date of this dividend was Wednesday, May 22nd. This represents a $0.30 dividend on an annualized basis and a dividend yield of 0.38%. TransUnion’s dividend payout ratio (DPR) is presently 12.99%.
Several equities research analysts have recently issued reports on the company. Deutsche Bank raised their target price on TransUnion from $69.00 to $75.00 and gave the company a “buy” rating in a research report on Wednesday, April 17th. Zacks Investment Research raised TransUnion from a “sell” rating to a “hold” rating in a research report on Monday, April 22nd. ValuEngine raised TransUnion from a “hold” rating to a “buy” rating in a research report on Tuesday, June 11th. Barclays reaffirmed a “buy” rating and set a $80.00 target price on shares of TransUnion in a research report on Sunday, May 5th. Finally, Exane BNP Paribas assumed coverage on TransUnion in a research report on Friday, March 15th. They set a “neutral” rating and a $66.00 target price for the company. Five research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of $74.93.
In other news, EVP Christopher A. Cartwright sold 36,082 shares of TransUnion stock in a transaction dated Tuesday, May 7th. The stock was sold at an average price of $65.86, for a total transaction of $2,376,360.52. Following the completion of the sale, the executive vice president now owns 209,625 shares in the company, valued at approximately $13,805,902.50. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CAO Timothy Elberfeld sold 1,000 shares of TransUnion stock in a transaction dated Friday, April 12th. The shares were sold at an average price of $70.00, for a total value of $70,000.00. Following the sale, the chief accounting officer now owns 13,062 shares of the company’s stock, valued at approximately $914,340. The disclosure for this sale can be found here. In the last quarter, insiders have sold 175,481 shares of company stock valued at $11,976,760. Corporate insiders own 0.92% of the company’s stock.
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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