Parametric Portfolio Associates LLC Increases Stock Holdings in TransUnion (NYSE:TRU)

Parametric Portfolio Associates LLC lifted its stake in TransUnion (NYSE:TRU) by 6.9% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 228,993 shares of the business services provider’s stock after purchasing an additional 14,745 shares during the period. Parametric Portfolio Associates LLC owned about 0.12% of TransUnion worth $15,306,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Raymond James & Associates raised its holdings in TransUnion by 0.7% in the 1st quarter. Raymond James & Associates now owns 29,083 shares of the business services provider’s stock valued at $1,944,000 after acquiring an additional 200 shares during the last quarter. National Asset Management Inc. increased its holdings in shares of TransUnion by 5.2% during the 4th quarter. National Asset Management Inc. now owns 5,198 shares of the business services provider’s stock worth $296,000 after buying an additional 257 shares during the last quarter. Daiwa Securities Group Inc. increased its holdings in shares of TransUnion by 4.4% during the 1st quarter. Daiwa Securities Group Inc. now owns 7,129 shares of the business services provider’s stock worth $477,000 after buying an additional 300 shares during the last quarter. Keybank National Association OH increased its holdings in shares of TransUnion by 5.7% during the 1st quarter. Keybank National Association OH now owns 6,468 shares of the business services provider’s stock worth $432,000 after buying an additional 346 shares during the last quarter. Finally, Strs Ohio increased its holdings in TransUnion by 23.9% in 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 in the last quarter.

Several analysts recently issued reports on TRU shares. BNP Paribas initiated coverage on TransUnion in a report on Friday, March 15th. They issued a “neutral” rating and a $66.00 price target for the company. Exane BNP Paribas initiated coverage on shares of TransUnion in a research note on Friday, March 15th. They set a “neutral” rating and a $66.00 price objective on the stock. Zacks Investment Research lowered shares of TransUnion from a “buy” rating to a “hold” rating in a research note on Tuesday, May 14th. ValuEngine upgraded shares of TransUnion from a “hold” rating to a “buy” rating in a research note on Tuesday, June 11th. Finally, Barclays restated a “buy” rating and issued a $80.00 price target on shares of TransUnion in a research note on Sunday, May 5th. Five equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of $74.93.

In related news, insider James M. Peck sold 124,070 shares of the stock in a transaction on Friday, April 26th. The shares were sold at an average price of $68.80, for a total transaction of $8,536,016.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Timothy Elberfeld sold 1,000 shares of the stock in a transaction on Friday, April 12th. The stock was sold at an average price of $70.00, for a total transaction of $70,000.00. Following the transaction, 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. Insiders sold a total of 175,481 shares of company stock worth $11,976,760 over the last 90 days. Company insiders own 0.92% of the company’s stock.

Shares of NYSE:TRU traded down $0.01 during trading on Monday, reaching $73.50. 823,800 shares of the company traded hands, compared to its average volume of 1,402,414. The company has a fifty day simple moving average of $68.48. The firm has a market cap of $13.77 billion, a price-to-earnings ratio of 31.82, a P/E/G ratio of 3.08 and a beta of 1.00. TransUnion has a 1-year low of $52.15 and a 1-year high of $79.48. The company has a current ratio of 1.64, a quick ratio of 1.64 and a debt-to-equity ratio of 1.90.

TransUnion (NYSE:TRU) last issued its earnings results on Tuesday, April 23rd. The business services provider reported $0.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.53 by $0.07. The company had revenue of $623.50 million during the quarter, compared to analyst estimates of $618.38 million. TransUnion had a net margin of 11.43% and a return on equity of 22.63%. The company’s revenue for the quarter was up 16.0% on a year-over-year basis. During the same quarter last year, the business posted $0.57 EPS. As a group, research analysts anticipate that TransUnion will post 2.39 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Friday, June 7th. Shareholders of record on Thursday, May 23rd were given a $0.075 dividend. The ex-dividend date of this dividend was Wednesday, May 22nd. This represents a $0.30 annualized dividend and a yield of 0.41%. TransUnion’s dividend payout ratio is 12.99%.

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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Institutional Ownership by Quarter for TransUnion (NYSE:TRU)

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