Handelsbanken Fonder AB Purchases 1,819 Shares of TransUnion (NYSE:TRU)

Handelsbanken Fonder AB lifted its position in shares of TransUnion (NYSE:TRU) by 4.9% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 39,174 shares of the business services provider’s stock after acquiring an additional 1,819 shares during the period. Handelsbanken Fonder AB’s holdings in TransUnion were worth $3,251,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Charles Schwab Investment Management Inc. lifted its holdings in shares of TransUnion by 3.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 700,518 shares of the business services provider’s stock worth $64,945,000 after acquiring an additional 22,826 shares during the period. Jones Financial Companies Lllp lifted its stake in TransUnion by 62.1% in the 4th quarter. Jones Financial Companies Lllp now owns 2,097 shares of the business services provider’s stock valued at $194,000 after purchasing an additional 803 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in TransUnion by 39.5% in the 4th quarter. JPMorgan Chase & Co. now owns 315,530 shares of the business services provider’s stock valued at $29,253,000 after purchasing an additional 89,340 shares during the last quarter. Financiere des Professionnels Fonds d investissement inc. lifted its stake in TransUnion by 32.2% in the 4th quarter. Financiere des Professionnels Fonds d investissement inc. now owns 191,364 shares of the business services provider’s stock valued at $17,741,000 after purchasing an additional 46,612 shares during the last quarter. Finally, Smartleaf Asset Management LLC lifted its stake in TransUnion by 28.8% in the 4th quarter. Smartleaf Asset Management LLC now owns 733 shares of the business services provider’s stock valued at $68,000 after purchasing an additional 164 shares during the last quarter.

TransUnion Trading Down 2.9%

NYSE:TRU opened at $83.91 on Friday. The company has a current ratio of 1.70, a quick ratio of 1.70 and a debt-to-equity ratio of 1.18. The stock has a market capitalization of $16.37 billion, a price-to-earnings ratio of 57.47, a PEG ratio of 1.18 and a beta of 1.64. The firm has a fifty day simple moving average of $83.05 and a two-hundred day simple moving average of $88.97. TransUnion has a 12 month low of $66.38 and a 12 month high of $113.17.

TransUnion (NYSE:TRU) last posted its quarterly earnings results on Thursday, April 24th. The business services provider reported $1.05 EPS for the quarter, topping analysts’ consensus estimates of $0.98 by $0.07. The business had revenue of $1.10 billion during the quarter, compared to analysts’ expectations of $1.07 billion. TransUnion had a net margin of 6.80% and a return on equity of 15.85%. The business’s quarterly revenue was up 7.3% on a year-over-year basis. During the same period last year, the company posted $0.92 earnings per share. Analysts expect that TransUnion will post 3.99 EPS for the current fiscal year.

TransUnion Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 6th. Shareholders of record on Thursday, May 22nd were paid a $0.115 dividend. This represents a $0.46 dividend on an annualized basis and a dividend yield of 0.55%. The ex-dividend date of this dividend was Thursday, May 22nd. TransUnion’s dividend payout ratio (DPR) is 24.47%.

Insider Buying and Selling at TransUnion

In other TransUnion news, insider Steven M. Chaouki sold 1,000 shares of the firm’s stock in a transaction on Thursday, May 1st. The shares were sold at an average price of $82.96, for a total value of $82,960.00. Following the transaction, the insider now directly owns 76,393 shares of the company’s stock, valued at approximately $6,337,563.28. This trade represents a 1.29% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Over the last three months, insiders have sold 3,000 shares of company stock valued at $251,180. Corporate insiders own 0.22% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the stock. Barclays dropped 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. Oppenheimer increased their price objective on shares of TransUnion from $96.00 to $100.00 and gave the company an “outperform” rating in a research note on Thursday, May 22nd. Bank of America assumed coverage on shares of TransUnion in a research note on Thursday, April 10th. They issued an “underperform” rating and a $84.00 price objective for the company. Stifel Nicolaus decreased their price target 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. Finally, William Blair restated an “outperform” rating on shares of TransUnion in a research report on Monday, March 24th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and nine have given a buy rating to the stock. According to data from MarketBeat.com, TransUnion currently has a consensus rating of “Moderate Buy” and an average price target of $109.69.

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.