TransUnion (NYSE:TRU) Shares Sold by Zurcher Kantonalbank Zurich Cantonalbank

Zurcher Kantonalbank Zurich Cantonalbank reduced its stake in TransUnion (NYSE:TRU) by 1.3% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 88,792 shares of the business services provider’s stock after selling 1,195 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in TransUnion were worth $9,297,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in TRU. Townsquare Capital LLC raised its holdings in shares of TransUnion by 1.0% in the 3rd quarter. Townsquare Capital LLC now owns 10,211 shares of the business services provider’s stock valued at $1,069,000 after buying an additional 100 shares during the period. Thematics Asset Management increased its stake in TransUnion by 19.3% during the third quarter. Thematics Asset Management now owns 213,000 shares of the business services provider’s stock worth $22,301,000 after purchasing an additional 34,500 shares during the period. BNP Paribas Financial Markets lifted its position in shares of TransUnion by 89.6% during the third quarter. BNP Paribas Financial Markets now owns 95,019 shares of the business services provider’s stock worth $9,948,000 after purchasing an additional 44,916 shares in the last quarter. FMR LLC boosted its stake in shares of TransUnion by 307.7% in the third quarter. FMR LLC now owns 4,540,896 shares of the business services provider’s stock valued at $475,432,000 after purchasing an additional 3,427,199 shares during the period. Finally, The Manufacturers Life Insurance Company grew its holdings in shares of TransUnion by 2.7% in the third quarter. The Manufacturers Life Insurance Company now owns 10,429 shares of the business services provider’s stock valued at $1,092,000 after purchasing an additional 274 shares in the last quarter.

Insider Buying and Selling

In other news, Director George M. Awad sold 12,000 shares of the company’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $100.00, for a total value of $1,200,000.00. Following the completion of the sale, the director now directly owns 27,026 shares of the company’s stock, valued at approximately $2,702,600. This represents a 30.75 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Steven M. Chaouki sold 1,000 shares of the firm’s stock in a transaction dated Tuesday, September 3rd. The stock was sold at an average price of $95.65, for a total value of $95,650.00. Following the transaction, the insider now directly owns 64,488 shares in the company, valued at approximately $6,168,277.20. This represents a 1.53 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 19,500 shares of company stock worth $1,954,740 in the last 90 days. Company insiders own 0.22% of the company’s stock.

TransUnion Stock Performance

NYSE TRU opened at $101.50 on Monday. The company has a fifty day moving average of $103.54 and a two-hundred day moving average of $90.57. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.68 and a quick ratio of 1.68. TransUnion has a 1 year low of $57.80 and a 1 year high of $113.17. The company has a market capitalization of $19.78 billion, a PE ratio of 88.26, a P/E/G ratio of 1.41 and a beta of 1.62.

TransUnion (NYSE:TRU) last released its quarterly earnings results on Wednesday, October 23rd. The business services provider reported $1.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.01 by $0.03. TransUnion had a return on equity of 15.38% and a net margin of 5.47%. The firm had revenue of $1.09 billion for the quarter, compared to the consensus estimate of $1.06 billion. During the same quarter last year, the business posted $0.80 EPS. The firm’s quarterly revenue was up 12.0% compared to the same quarter last year. As a group, analysts expect that TransUnion will post 3.44 earnings per share for the current year.

TransUnion Announces Dividend

The firm also recently declared 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 of this dividend is Friday, November 22nd. This represents a $0.42 annualized dividend and a yield of 0.41%. TransUnion’s dividend payout ratio (DPR) is 36.52%.

Analysts Set New Price Targets

Several brokerages have commented on TRU. Needham & Company LLC reissued a “hold” rating on shares of TransUnion in a research report on Thursday, October 24th. Wells Fargo & Company boosted their target price on TransUnion from $125.00 to $135.00 and gave the stock an “overweight” rating in a research note on Thursday, October 24th. Barclays increased their price target on TransUnion from $80.00 to $105.00 and gave the company an “equal weight” rating in a research report on Friday, September 13th. Morgan Stanley boosted their price objective on TransUnion from $103.00 to $119.00 and gave the stock an “overweight” rating in a research report on Thursday, October 24th. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and issued a $121.00 target price on shares of TransUnion in a report on Thursday, October 24th. Seven analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $106.38.

TransUnion Profile

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.