Mutual of America Capital Management LLC Increases Holdings in TransUnion $TRU

Mutual of America Capital Management LLC increased its stake in TransUnion (NYSE:TRU) by 1,134.5% during the third quarter, according to its most recent filing with the SEC. The fund owned 100,480 shares of the business services provider’s stock after buying an additional 92,341 shares during the quarter. Mutual of America Capital Management LLC’s holdings in TransUnion were worth $8,418,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in TRU. Geneos Wealth Management Inc. boosted its stake in TransUnion by 1,318.2% in the first quarter. Geneos Wealth Management Inc. now owns 312 shares of the business services provider’s stock valued at $26,000 after acquiring an additional 290 shares during the last quarter. Generali Asset Management SPA SGR bought a new stake in shares of TransUnion in the 2nd quarter worth approximately $30,000. Elevation Point Wealth Partners LLC bought a new stake in shares of TransUnion in the 2nd quarter worth approximately $34,000. MAI Capital Management lifted its stake in TransUnion by 333.3% in the second quarter. MAI Capital Management now owns 403 shares of the business services provider’s stock valued at $35,000 after purchasing an additional 310 shares during the last quarter. Finally, Osterweis Capital Management Inc. bought a new position in TransUnion during the second quarter valued at $45,000.

Analyst Upgrades and Downgrades

Several analysts have issued reports on TRU shares. BMO Capital Markets boosted their target price on TransUnion from $104.00 to $105.00 and gave the company an “outperform” rating in a research note on Friday, October 24th. Seaport Research Partners raised TransUnion to a “hold” rating in a report on Wednesday, October 1st. Stifel Nicolaus set a $103.00 price objective on TransUnion in a research note on Friday, October 24th. Wells Fargo & Company cut their target price on shares of TransUnion from $118.00 to $100.00 and set an “overweight” rating for the company in a research report on Wednesday, January 14th. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $115.00 target price on shares of TransUnion in a research note on Monday, October 20th. Eight investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $101.08.

TransUnion Stock Down 3.6%

Shares of NYSE TRU opened at $81.97 on Wednesday. The business has a 50-day simple moving average of $84.71 and a two-hundred day simple moving average of $85.94. TransUnion has a 52 week low of $66.38 and a 52 week high of $101.19. The company has a market cap of $15.92 billion, a P/E ratio of 38.30, a P/E/G ratio of 1.60 and a beta of 1.72. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 1.10.

TransUnion Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 8th. Stockholders of record on Friday, November 21st were given a dividend of $0.115 per share. This represents a $0.46 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date was Friday, November 21st. TransUnion’s payout ratio is 21.50%.

Insider Transactions at TransUnion

In related news, EVP Tiffani Chambers sold 4,318 shares of the stock in a transaction on Wednesday, December 17th. The stock was sold at an average price of $86.00, for a total value of $371,348.00. Following the sale, the executive vice president owned 50,427 shares in the company, valued at approximately $4,336,722. This trade represents a 7.89% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Todd C. Skinner sold 500 shares of TransUnion stock in a transaction on Friday, January 2nd. The shares were sold at an average price of $85.71, for a total value of $42,855.00. Following the sale, the insider directly owned 32,225 shares of the company’s stock, valued at $2,762,004.75. This represents a 1.53% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 8,318 shares of company stock valued at $704,958. 0.25% of the stock is currently owned by company insiders.

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.