TransUnion (NYSE:TRU) Shares Purchased by KBC Group NV

KBC Group NV boosted its position in shares of TransUnion (NYSE:TRU) by 317.6% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 260,007 shares of the business services provider’s stock after acquiring an additional 197,744 shares during the quarter. KBC Group NV owned about 0.13% of TransUnion worth $24,105,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Huntington National Bank boosted its position in TransUnion by 84.5% in the third quarter. Huntington National Bank now owns 286 shares of the business services provider’s stock valued at $30,000 after buying an additional 131 shares during the last quarter. Versant Capital Management Inc boosted its holdings in shares of TransUnion by 82.1% in the 4th quarter. Versant Capital Management Inc now owns 428 shares of the business services provider’s stock valued at $40,000 after acquiring an additional 193 shares during the last quarter. Quarry LP increased its stake in shares of TransUnion by 963.0% in the second quarter. Quarry LP now owns 574 shares of the business services provider’s stock worth $43,000 after acquiring an additional 520 shares during the period. Retirement Wealth Solutions LLC purchased a new position in shares of TransUnion during the fourth quarter worth $44,000. Finally, True Wealth Design LLC lifted its position in TransUnion by 4,590.0% during the third quarter. True Wealth Design LLC now owns 469 shares of the business services provider’s stock valued at $49,000 after purchasing an additional 459 shares during the period.

Analyst Ratings Changes

A number of analysts have recently commented on TRU shares. Stifel Nicolaus upped their target price on TransUnion from $103.00 to $120.00 and gave the stock a “buy” rating in a research note on Thursday, October 24th. Wolfe Research raised shares of TransUnion from a “peer perform” rating to an “outperform” rating and set a $130.00 target price for the company in a report on Thursday, October 10th. Morgan Stanley lowered their price target on shares of TransUnion from $130.00 to $127.00 and set an “overweight” rating on the stock in a report on Tuesday. Needham & Company LLC reaffirmed a “hold” rating on shares of TransUnion in a report on Thursday, January 16th. Finally, Jefferies Financial Group dropped their target price on TransUnion from $125.00 to $115.00 and set a “buy” rating on the stock in a research report on Wednesday, January 15th. Six research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. Based on data from MarketBeat, TransUnion presently has an average rating of “Moderate Buy” and an average price target of $108.00.

Insiders Place Their Bets

In other news, insider Steven M. Chaouki sold 1,500 shares of the business’s stock in a transaction dated Friday, November 8th. The shares were sold at an average price of $105.66, for a total transaction of $158,490.00. Following the transaction, the insider now owns 62,988 shares of the company’s stock, valued at approximately $6,655,312.08. The trade was a 2.33 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Todd C. Skinner sold 3,090 shares of the firm’s stock in a transaction dated Friday, November 29th. The stock was sold at an average price of $101.48, for a total transaction of $313,573.20. Following the sale, the insider now owns 24,333 shares of the company’s stock, valued at approximately $2,469,312.84. The trade was a 11.27 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 19,090 shares of company stock valued at $1,916,758. Insiders own 0.22% of the company’s stock.

TransUnion Stock Up 0.5 %

Shares of NYSE TRU opened at $98.34 on Wednesday. The stock has a market cap of $19.17 billion, a PE ratio of 85.51, a P/E/G ratio of 1.16 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 has a 12-month low of $66.07 and a 12-month high of $113.17. The company has a 50-day moving average of $95.92 and a 200 day moving average of $96.65.

TransUnion Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 9th. Investors of record on Friday, November 22nd were given a dividend of $0.105 per share. The ex-dividend date was Friday, November 22nd. This represents a $0.42 dividend on an annualized basis and a yield of 0.43%. TransUnion’s payout ratio is 36.52%.

TransUnion Company 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.