31,213 Shares in TransUnion $TRU Purchased by Rakuten Investment Management Inc.

Rakuten Investment Management Inc. acquired a new stake in TransUnion (NYSE:TRU) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 31,213 shares of the business services provider’s stock, valued at approximately $2,615,000.

A number of other institutional investors also recently modified their holdings of TRU. Massachusetts Financial Services Co. MA grew its stake in shares of TransUnion by 4.8% during the second quarter. Massachusetts Financial Services Co. MA now owns 22,720,864 shares of the business services provider’s stock valued at $1,999,436,000 after purchasing an additional 1,046,391 shares during the last quarter. Vanguard Group Inc. lifted its holdings in TransUnion by 1.5% during the 2nd quarter. Vanguard Group Inc. now owns 18,539,805 shares of the business services provider’s stock worth $1,631,503,000 after buying an additional 274,903 shares in the last quarter. William Blair Investment Management LLC boosted its position in TransUnion by 41.7% in the 2nd quarter. William Blair Investment Management LLC now owns 4,739,103 shares of the business services provider’s stock valued at $417,041,000 after buying an additional 1,394,813 shares during the last quarter. Independent Franchise Partners LLP increased its stake in shares of TransUnion by 119.5% in the 2nd quarter. Independent Franchise Partners LLP now owns 4,646,903 shares of the business services provider’s stock valued at $408,927,000 after buying an additional 2,530,335 shares during the period. Finally, Ninety One UK Ltd increased its stake in shares of TransUnion by 52.6% in the 3rd quarter. Ninety One UK Ltd now owns 3,536,458 shares of the business services provider’s stock valued at $296,284,000 after buying an additional 1,219,360 shares during the period.

TransUnion Stock Performance

Shares of NYSE:TRU opened at $83.94 on Friday. The firm’s 50 day simple moving average is $84.56 and its 200 day simple moving average is $86.17. TransUnion has a fifty-two week low of $66.38 and a fifty-two week high of $101.19. The company has a market capitalization of $16.30 billion, a price-to-earnings ratio of 39.22, a P/E/G ratio of 1.62 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 (NYSE:TRU) last issued its earnings results on Thursday, October 23rd. The business services provider reported $1.10 EPS for the quarter, beating the consensus estimate of $1.04 by $0.06. The firm had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.13 billion. TransUnion had a net margin of 9.47% and a return on equity of 16.05%. The business’s quarterly revenue was up 7.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.04 earnings per share. As a group, sell-side analysts forecast that TransUnion will post 3.99 earnings per share for the current year.

TransUnion Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 8th. Investors of record on Friday, November 21st were given a $0.115 dividend. The ex-dividend date was Friday, November 21st. This represents a $0.46 dividend on an annualized basis and a dividend yield of 0.5%. TransUnion’s dividend payout ratio is currently 21.50%.

Insider Buying and Selling

In other TransUnion news, insider Steven M. Chaouki sold 1,000 shares of TransUnion stock in a transaction dated Friday, January 2nd. The stock was sold at an average price of $85.71, for a total transaction of $85,710.00. Following the transaction, the insider directly owned 61,592 shares in the company, valued at approximately $5,279,050.32. The trade was a 1.60% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Todd C. Skinner sold 500 shares of the business’s stock in a transaction dated Friday, January 2nd. The shares were sold at an average price of $85.71, for a total value of $42,855.00. Following the completion of the transaction, the insider directly 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 disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 8,318 shares of company stock valued at $704,958. 0.22% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

TRU has been the topic of several recent research reports. Seaport Research Partners upgraded TransUnion to a “hold” rating in a report on Wednesday, October 1st. Stifel Nicolaus set a $103.00 target price on shares of TransUnion in a research report on Friday, October 24th. Oppenheimer began coverage on shares of TransUnion in a research note on Monday, October 13th. They issued an “outperform” rating and a $93.00 target price on the stock. Needham & Company LLC reissued a “buy” rating and set a $115.00 price target on shares of TransUnion in a research note on Monday, October 20th. Finally, UBS Group set a $90.00 price objective on shares of TransUnion and gave the company a “neutral” rating in a report on Friday, October 24th. Eight research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $101.08.

TransUnion 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.