TD Asset Management Inc. increased its stake in shares of TransUnion (NYSE:TRU) by 6.9% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 216,143 shares of the business services provider’s stock after acquiring an additional 13,872 shares during the quarter. TD Asset Management Inc. owned approximately 0.12% of TransUnion worth $15,889,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors and hedge funds also recently bought and sold shares of the company. CIBC Private Wealth Group LLC lifted its stake in shares of TransUnion by 147.7% in the 2nd quarter. CIBC Private Wealth Group LLC now owns 623,029 shares of the business services provider’s stock valued at $45,800,000 after purchasing an additional 371,522 shares during the period. Kornitzer Capital Management Inc. KS lifted its stake in shares of TransUnion by 298.7% in the 2nd quarter. Kornitzer Capital Management Inc. KS now owns 273,504 shares of the business services provider’s stock valued at $20,105,000 after purchasing an additional 204,904 shares during the period. Seelaus Asset Management LLC lifted its stake in shares of TransUnion by 45.3% in the 2nd quarter. Seelaus Asset Management LLC now owns 14,529 shares of the business services provider’s stock valued at $1,068,000 after purchasing an additional 4,529 shares during the period. Public Employees Retirement Association of Colorado lifted its stake in shares of TransUnion by 24.3% in the 2nd quarter. Public Employees Retirement Association of Colorado now owns 22,185 shares of the business services provider’s stock valued at $1,631,000 after purchasing an additional 4,330 shares during the period. Finally, Bodenholm Capital AB lifted its stake in shares of TransUnion by 16.1% in the 2nd quarter. Bodenholm Capital AB now owns 748,415 shares of the business services provider’s stock valued at $55,016,000 after purchasing an additional 104,000 shares during the period.
A number of research analysts have recently commented on TRU shares. Deutsche Bank raised their target price on TransUnion from $75.00 to $78.00 and gave the company a “buy” rating in a research note on Tuesday, July 2nd. Barclays restated a “buy” rating and issued a $80.00 target price on shares of TransUnion in a research note on Sunday, May 5th. Zacks Investment Research upgraded TransUnion from a “hold” rating to a “buy” rating and set a $89.00 target price for the company in a research note on Monday, July 29th. Morgan Stanley raised their target price on TransUnion from $82.00 to $83.00 and gave the company an “equal weight” rating in a research note on Wednesday, July 24th. Finally, Atlantic Securities cut TransUnion from an “overweight” rating to a “neutral” rating in a research note on Tuesday, July 30th. Five research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. TransUnion presently has a consensus rating of “Buy” and a consensus price target of $79.42.
TRU stock traded up $1.44 on Friday, reaching $82.27. 784,800 shares of the company traded hands, compared to its average volume of 1,424,208. TransUnion has a one year low of $52.15 and a one year high of $84.71. The company has a debt-to-equity ratio of 1.82, a current ratio of 1.51 and a quick ratio of 1.51. The company has a market cap of $15.18 billion, a P/E ratio of 35.61, a price-to-earnings-growth ratio of 3.28 and a beta of 1.00. The firm has a fifty day simple moving average of $78.48 and a 200-day simple moving average of $69.59.
TransUnion (NYSE:TRU) last posted its quarterly earnings data on Tuesday, July 23rd. The business services provider reported $0.66 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.58 by $0.08. TransUnion had a return on equity of 22.94% and a net margin of 12.84%. The company had revenue of $661.90 million during the quarter, compared to analyst estimates of $644.73 million. During the same quarter last year, the company earned $0.62 EPS. The firm’s revenue for the quarter was up 17.5% on a year-over-year basis. On average, sell-side analysts forecast that TransUnion will post 2.47 EPS for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 6th. Investors of record on Thursday, August 22nd will be given a dividend of $0.075 per share. This represents a $0.30 dividend on an annualized basis and a yield of 0.36%. The ex-dividend date is Wednesday, August 21st. TransUnion’s dividend payout ratio (DPR) is presently 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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