State of Alaska Department of Revenue purchased a new stake in shares of TransUnion (NYSE:TRU – Free Report) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 20,925 shares of the business services provider’s stock, valued at approximately $1,753,000.
Other hedge funds have also modified their holdings of the company. Geneos Wealth Management Inc. boosted its position in TransUnion by 1,318.2% during the first quarter. Geneos Wealth Management Inc. now owns 312 shares of the business services provider’s stock valued at $26,000 after purchasing an additional 290 shares during the last quarter. Generali Asset Management SPA SGR purchased a new stake in shares of TransUnion during the 2nd quarter worth about $30,000. MassMutual Private Wealth & Trust FSB raised its stake in shares of TransUnion by 132.7% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 349 shares of the business services provider’s stock worth $31,000 after purchasing an additional 199 shares in the last quarter. Elevation Point Wealth Partners LLC acquired a new stake in shares of TransUnion during the 2nd quarter valued at about $34,000. Finally, MAI Capital Management grew its stake in shares of TransUnion by 333.3% in the 2nd quarter. MAI Capital Management now owns 403 shares of the business services provider’s stock valued at $35,000 after buying an additional 310 shares in the last quarter.
TransUnion Stock Performance
Shares of TRU opened at $85.18 on Friday. The company has a market capitalization of $16.54 billion, a PE ratio of 39.80, a price-to-earnings-growth ratio of 1.61 and a beta of 1.72. The company has a debt-to-equity ratio of 1.10, a current ratio of 2.01 and a quick ratio of 2.01. TransUnion has a one year low of $66.38 and a one year high of $101.19. The company’s fifty day moving average price is $84.17 and its 200 day moving average price is $86.42.
TransUnion Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Monday, December 8th. Shareholders of record on Friday, November 21st were given a $0.115 dividend. This represents a $0.46 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend was Friday, November 21st. TransUnion’s payout ratio is currently 21.50%.
Insiders Place Their Bets
In related news, insider Todd C. Skinner sold 500 shares of the business’s stock in a transaction on Friday, January 2nd. The shares were sold at an average price of $85.71, for a total transaction of $42,855.00. Following the transaction, the insider owned 32,225 shares of the company’s stock, valued at approximately $2,762,004.75. The trade was a 1.53% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Steven M. Chaouki sold 1,000 shares of the stock in a transaction on Monday, December 1st. The shares were sold at an average price of $84.04, for a total transaction of $84,040.00. Following the completion of the sale, the insider directly owned 62,592 shares of the company’s stock, valued at approximately $5,260,231.68. This trade represents a 1.57% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 8,318 shares of company stock valued at $704,958 in the last three months. Company insiders own 0.22% of the company’s stock.
Analysts Set New Price Targets
A number of research firms have issued reports on TRU. UBS Group set a $90.00 target price on shares of TransUnion and gave the company a “neutral” rating in a research note on Friday, October 24th. Morgan Stanley cut their price target on shares of TransUnion from $122.00 to $120.00 and set an “overweight” rating on the stock in a report on Wednesday, December 17th. Robert W. Baird set a $125.00 price objective on shares of TransUnion in a report on Friday, October 24th. Oppenheimer assumed coverage on shares of TransUnion in a research report on Monday, October 13th. They set an “outperform” rating and a $93.00 target price on the stock. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $115.00 price target on shares of TransUnion in a research report on Monday, October 20th. Eight investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $101.08.
Get Our Latest Stock Report on TransUnion
TransUnion Company Profile
TransUnion is a global information and insights company that helps businesses and consumers make critical decisions using data and analytics. As one of the three major credit bureaus in the United States, TransUnion collects and aggregates credit information on individuals and businesses, providing credit reports, risk scores and portfolio management tools to financial institutions, lenders, landlords and other decision makers. Its consumer-facing products enable individuals to monitor credit status, detect identity theft and access personalized financial insights.
The company’s offerings span credit risk assessment, identity management, fraud prevention and marketing solutions.
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