LPL Financial LLC Has $4.83 Million Stock Position in TransUnion (NYSE:TRU)

LPL Financial LLC boosted its position in TransUnion (NYSE:TRU) by 7.1% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 58,161 shares of the business services provider’s stock after purchasing an additional 3,869 shares during the period. LPL Financial LLC’s holdings in TransUnion were worth $4,827,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of the company. Massachusetts Financial Services Co. MA lifted its stake in TransUnion by 10.9% in the 1st quarter. Massachusetts Financial Services Co. MA now owns 21,674,473 shares of the business services provider’s stock valued at $1,798,765,000 after purchasing an additional 2,134,342 shares during the last quarter. Victory Capital Management Inc. lifted its stake in TransUnion by 15.3% in the 1st quarter. Victory Capital Management Inc. now owns 3,146,693 shares of the business services provider’s stock valued at $261,144,000 after purchasing an additional 418,693 shares during the last quarter. XN LP lifted its stake in TransUnion by 2.9% in the 4th quarter. XN LP now owns 1,907,775 shares of the business services provider’s stock valued at $176,870,000 after purchasing an additional 54,330 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in TransUnion by 4.5% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,642,413 shares of the business services provider’s stock valued at $152,273,000 after purchasing an additional 70,359 shares during the last quarter. Finally, Manning & Napier Advisors LLC lifted its stake in TransUnion by 3.4% in the 1st quarter. Manning & Napier Advisors LLC now owns 1,522,671 shares of the business services provider’s stock valued at $126,366,000 after purchasing an additional 50,113 shares during the last quarter.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the stock. UBS Group restated a “neutral” rating and set a $105.00 price objective (up from $98.00) on shares of TransUnion in a research report on Friday, July 25th. Stifel Nicolaus cut their price objective on shares of TransUnion from $120.00 to $112.00 and set a “buy” rating for the company in a research report on Friday, April 25th. Wells Fargo & Company cut their price objective on shares of TransUnion from $124.00 to $118.00 and set an “overweight” rating for the company in a research report on Friday, July 25th. Oppenheimer raised their price objective on shares of TransUnion from $100.00 to $108.00 and gave the stock an “outperform” rating in a research report on Tuesday, July 8th. Finally, Wall Street Zen downgraded shares of TransUnion from a “buy” rating to a “hold” rating in a research report on Sunday, August 3rd. One research analyst has rated the stock with a sell rating, five have given a hold rating and ten have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $112.46.

Insider Buying and Selling

In related news, CAO Jennifer A. Williams sold 972 shares of TransUnion stock in a transaction that occurred on Monday, August 4th. The shares were sold at an average price of $92.89, for a total value of $90,289.08. Following the transaction, the chief accounting officer directly owned 7,108 shares of the company’s stock, valued at $660,262.12. This trade represents a 12.03% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Steven M. Chaouki sold 1,000 shares of TransUnion stock in a transaction that occurred on Tuesday, July 1st. The shares were sold at an average price of $87.14, for a total transaction of $87,140.00. Following the completion of the transaction, the insider directly owned 74,393 shares in the company, valued at $6,482,606.02. This trade represents a 1.33% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 3,972 shares of company stock worth $353,549 over the last three months. 0.22% of the stock is currently owned by insiders.

TransUnion Stock Up 5.6%

Shares of TRU opened at $92.82 on Thursday. TransUnion has a 12 month low of $66.38 and a 12 month high of $113.17. The firm’s 50 day moving average is $90.61 and its 200-day moving average is $87.74. The stock has a market capitalization of $18.08 billion, a PE ratio of 46.41, a P/E/G ratio of 2.45 and a beta of 1.65. The company has a current ratio of 2.03, a quick ratio of 2.02 and a debt-to-equity ratio of 1.09.

TransUnion (NYSE:TRU) last announced its quarterly earnings data 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. The business had revenue of $1.14 billion for the quarter, compared to analysts’ expectations of $1.10 billion. TransUnion had a net margin of 8.99% and a return on equity of 16.08%. The firm’s quarterly revenue was up 9.5% compared to the same quarter last year. During the same period last year, the firm posted $0.99 earnings per share. Equities research analysts forecast that TransUnion will post 3.99 EPS for the current year.

TransUnion Dividend Announcement

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

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.