TransUnion (NYSE:TRU) Shares Sold by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC trimmed its holdings in shares of TransUnion (NYSE:TRU) by 53.0% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 7,148 shares of the business services provider’s stock after selling 8,060 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in TransUnion were worth $593,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Wellington Management Group LLP increased its holdings in shares of TransUnion by 52.5% in the 4th quarter. Wellington Management Group LLP now owns 6,749,849 shares of the business services provider’s stock worth $625,779,000 after acquiring an additional 2,323,339 shares during the period. Norges Bank bought a new position in TransUnion in the 4th quarter valued at about $180,011,000. Point72 Asset Management L.P. bought a new position in TransUnion in the 4th quarter valued at about $74,283,000. William Blair Investment Management LLC boosted its position in shares of TransUnion by 30.6% during the 4th quarter. William Blair Investment Management LLC now owns 3,370,742 shares of the business services provider’s stock valued at $312,501,000 after purchasing an additional 789,497 shares in the last quarter. Finally, FMR LLC boosted its position in shares of TransUnion by 11.1% during the 4th quarter. FMR LLC now owns 5,044,865 shares of the business services provider’s stock valued at $467,709,000 after purchasing an additional 503,969 shares in the last quarter.

Wall Street Analyst Weigh In

TRU has been the subject of several research reports. Wells Fargo & Company reduced their price objective on shares of TransUnion from $130.00 to $117.00 and set an “overweight” rating for the company in a research report on Monday, April 14th. Bank of America initiated coverage on shares of TransUnion in a research report on Thursday, April 10th. They set an “underperform” rating and a $84.00 price objective for the company. Barclays reduced their price objective on shares of TransUnion from $105.00 to $85.00 and set an “equal weight” rating for the company in a research note on Friday, April 4th. Wall Street Zen raised shares of TransUnion from a “hold” rating to a “buy” rating in a research report on Saturday. Finally, Oppenheimer increased their price target on shares of TransUnion from $96.00 to $100.00 and gave the stock an “outperform” rating in a research report on Thursday, May 22nd. One investment analyst has rated the stock with a sell rating, four have given a hold rating and ten have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $109.69.

TransUnion Price Performance

Shares of TRU opened at $91.61 on Friday. The firm has a market cap of $17.87 billion, a PE ratio of 48.73, a PEG ratio of 2.53 and a beta of 1.63. The firm’s 50 day moving average price is $86.75 and its 200 day moving average price is $87.76. The company has a debt-to-equity ratio of 1.13, a quick ratio of 2.05 and a current ratio of 2.05. TransUnion has a twelve month low of $66.38 and a twelve month high of $113.17.

TransUnion (NYSE:TRU) last released its quarterly earnings results on Thursday, April 24th. The business services provider reported $1.05 EPS for the quarter, beating analysts’ consensus estimates of $0.98 by $0.07. TransUnion had a net margin of 8.63% and a return on equity of 16.18%. The company had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.07 billion. During the same quarter last year, the firm posted $0.92 earnings per share. The company’s quarterly revenue was up 7.3% compared to the same quarter last year. As a group, research analysts expect that TransUnion will post 3.99 EPS for the current fiscal year.

TransUnion Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 6th. Stockholders of record on Thursday, May 22nd were paid a $0.115 dividend. The ex-dividend date was Thursday, May 22nd. This represents a $0.46 annualized dividend and a dividend yield of 0.50%. TransUnion’s payout ratio is 24.47%.

Insider Activity

In other news, insider Steven M. Chaouki sold 1,000 shares of the firm’s stock in a transaction on Tuesday, July 1st. The shares were sold at an average price of $87.14, for a total value of $87,140.00. Following the sale, the insider owned 74,393 shares in the company, valued at approximately $6,482,606.02. This trade represents a 1.33% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders have sold a total of 3,000 shares of company stock valued at $255,010 in the last 90 days. Company insiders own 0.22% of the company’s stock.

TransUnion Profile

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.