Atria Wealth Solutions Inc. Trims Stock Holdings in TransUnion (NYSE:TRU)

Atria Wealth Solutions Inc. reduced its stake in TransUnion (NYSE:TRU) by 9.9% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,675 shares of the business services provider’s stock after selling 405 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in TransUnion were worth $305,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Fifth Third Bancorp lifted its position in shares of TransUnion by 105.3% in the first quarter. Fifth Third Bancorp now owns 423 shares of the business services provider’s stock valued at $35,000 after acquiring an additional 217 shares in the last quarter. Private Trust Co. NA lifted its position in TransUnion by 194.1% during the first quarter. Private Trust Co. NA now owns 553 shares of the business services provider’s stock worth $46,000 after buying an additional 365 shares during the period. Kapitalo Investimentos Ltda purchased a new position in TransUnion during the fourth quarter worth about $47,000. Quarry LP purchased a new position in TransUnion during the fourth quarter worth about $58,000. Finally, NewEdge Advisors LLC lifted its position in TransUnion by 72.1% during the fourth quarter. NewEdge Advisors LLC now owns 649 shares of the business services provider’s stock worth $60,000 after buying an additional 272 shares during the period.

Insider Transactions at TransUnion

In other TransUnion news, CAO Jennifer A. Williams sold 972 shares of the firm’s stock in a transaction that occurred on Monday, August 4th. The stock was sold at an average price of $92.89, for a total transaction of $90,289.08. Following the completion of the sale, the chief accounting officer owned 7,108 shares in the company, valued at $660,262.12. This trade represents a 12.03% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Steven M. Chaouki sold 1,000 shares of the firm’s stock in a transaction that occurred on Friday, August 8th. The shares were sold at an average price of $91.21, for a total value of $91,210.00. Following the sale, the insider owned 73,393 shares of the company’s stock, valued at approximately $6,694,175.53. This trade represents a 1.34% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 3,972 shares of company stock valued at $353,549. Insiders own 0.22% of the company’s stock.

TransUnion Price Performance

TRU stock opened at $89.02 on Friday. The company has a debt-to-equity ratio of 1.09, a quick ratio of 2.02 and a current ratio of 2.03. TransUnion has a 1 year low of $66.38 and a 1 year high of $113.17. The firm has a market cap of $17.34 billion, a P/E ratio of 44.51, a price-to-earnings-growth ratio of 2.51 and a beta of 1.65. The stock has a 50-day simple moving average of $90.75 and a 200-day simple moving average of $87.62.

TransUnion (NYSE:TRU) last posted its earnings results on Thursday, July 24th. The business services provider reported $1.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.99 by $0.09. TransUnion had a return on equity of 16.08% and a net margin of 8.99%. The business had revenue of $1.14 billion during the quarter, compared to analyst estimates of $1.10 billion. During the same quarter last year, the firm earned $0.99 earnings per share. The company’s revenue for the quarter was up 9.5% compared to the same quarter last year. On average, equities analysts predict that TransUnion will post 3.99 earnings per share for the current fiscal year.

TransUnion Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, September 8th. Stockholders of record on Friday, August 22nd will be paid a $0.115 dividend. The ex-dividend date is Friday, August 22nd. This represents a $0.46 dividend on an annualized basis and a dividend yield of 0.5%. TransUnion’s dividend payout ratio (DPR) is 23.00%.

Analyst Upgrades and Downgrades

TRU has been the topic of several recent analyst reports. Wall Street Zen downgraded TransUnion from a “buy” rating to a “hold” rating in a research report on Sunday, August 3rd. Wells Fargo & Company reduced their target price on TransUnion from $124.00 to $118.00 and set an “overweight” rating on the stock in a research report on Friday, July 25th. UBS Group reiterated a “neutral” rating and set a $105.00 target price (up from $98.00) on shares of TransUnion in a research report on Friday, July 25th. BMO Capital Markets increased their target price on TransUnion from $115.00 to $118.00 and gave the stock an “outperform” rating in a research report on Friday, July 25th. Finally, Oppenheimer upped their price target on TransUnion from $100.00 to $108.00 and gave the stock an “outperform” rating in a research note on Tuesday, July 8th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and ten have issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $112.46.

About TransUnion

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.