Capstone Investment Advisors LLC purchased a new stake in shares of TransUnion (NYSE:TRU – Free Report) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 2,250 shares of the business services provider’s stock, valued at approximately $236,000.
Other institutional investors have also recently bought and sold shares of the company. Massachusetts Financial Services Co. MA increased its stake in shares of TransUnion by 32.2% in the second quarter. Massachusetts Financial Services Co. MA now owns 16,339,762 shares of the business services provider’s stock valued at $1,211,757,000 after buying an additional 3,977,595 shares in the last quarter. FMR LLC increased its position in TransUnion by 307.7% in the 3rd quarter. FMR LLC now owns 4,540,896 shares of the business services provider’s stock valued at $475,432,000 after acquiring an additional 3,427,199 shares in the last quarter. XN LP raised its stake in shares of TransUnion by 194.7% in the second quarter. XN LP now owns 1,973,684 shares of the business services provider’s stock worth $146,368,000 after acquiring an additional 1,303,996 shares during the last quarter. Westfield Capital Management Co. LP acquired a new position in shares of TransUnion during the third quarter worth approximately $92,661,000. Finally, Ninety One UK Ltd grew its stake in shares of TransUnion by 37.4% during the second quarter. Ninety One UK Ltd now owns 2,566,928 shares of the business services provider’s stock valued at $190,363,000 after purchasing an additional 698,580 shares during the last quarter.
TransUnion Stock Up 0.5 %
NYSE:TRU opened at $101.50 on Friday. TransUnion has a 1 year low of $57.80 and a 1 year high of $113.17. The stock has a 50-day moving average price of $103.54 and a two-hundred day moving average price of $90.50. The stock has a market cap of $19.78 billion, a price-to-earnings ratio of 88.26, a PEG ratio of 1.41 and a beta of 1.62. The company has a current ratio of 1.68, a quick ratio of 1.68 and a debt-to-equity ratio of 1.19.
TransUnion Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 9th. Investors of record on Friday, November 22nd will be given a $0.105 dividend. The ex-dividend date is Friday, November 22nd. This represents a $0.42 annualized dividend and a yield of 0.41%. TransUnion’s dividend payout ratio is currently 36.52%.
Insider Buying and Selling
In other TransUnion news, EVP Timothy J. Martin sold 2,500 shares of the company’s stock in a transaction that occurred on Tuesday, October 1st. The stock was sold at an average price of $104.59, for a total transaction of $261,475.00. Following the completion of the transaction, the executive vice president now owns 46,739 shares of the company’s stock, valued at $4,888,432.01. This represents a 5.08 % decrease in their position. The transaction 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, September 3rd. The shares were sold at an average price of $95.65, for a total transaction of $95,650.00. Following the completion of the sale, the insider now owns 64,488 shares in the company, valued at $6,168,277.20. This trade represents a 1.53 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 19,500 shares of company stock valued at $1,954,740. Company insiders own 0.22% of the company’s stock.
Analyst Ratings Changes
Several research firms recently weighed in on TRU. Wells Fargo & Company boosted their price objective on shares of TransUnion from $125.00 to $135.00 and gave the stock an “overweight” rating in a research report on Thursday, October 24th. Stifel Nicolaus boosted their target price on TransUnion from $103.00 to $120.00 and gave the stock a “buy” rating in a research report on Thursday, October 24th. Oppenheimer decreased their price target on TransUnion from $122.00 to $115.00 and set an “outperform” rating on the stock in a report on Wednesday, November 20th. Needham & Company LLC reissued a “hold” rating on shares of TransUnion in a report on Thursday, October 24th. Finally, UBS Group started coverage on shares of TransUnion in a research report on Tuesday, October 1st. They set a “neutral” rating and a $110.00 target price on the stock. Seven equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $106.38.
Get Our Latest Report on TransUnion
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.
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