TransUnion (TRU) Position Trimmed by Mitsubishi UFJ Trust & Banking Corp

Mitsubishi UFJ Trust & Banking Corp decreased its position in shares of TransUnion (NYSE:TRU) by 64.0% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 133,469 shares of the business services provider’s stock after selling 236,945 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp’s holdings in TransUnion were worth $9,821,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. BlackRock Inc. lifted its position in TransUnion by 12.6% during the third quarter. BlackRock Inc. now owns 10,100,257 shares of the business services provider’s stock worth $743,177,000 after purchasing an additional 1,133,283 shares during the period. FMR LLC lifted its position in TransUnion by 14.3% during the second quarter. FMR LLC now owns 9,409,480 shares of the business services provider’s stock worth $674,095,000 after purchasing an additional 1,179,299 shares during the period. Artisan Partners Limited Partnership lifted its position in TransUnion by 1.6% during the second quarter. Artisan Partners Limited Partnership now owns 3,297,996 shares of the business services provider’s stock worth $236,268,000 after purchasing an additional 52,842 shares during the period. Massachusetts Financial Services Co. MA lifted its position in TransUnion by 15.1% during the third quarter. Massachusetts Financial Services Co. MA now owns 3,291,094 shares of the business services provider’s stock worth $242,158,000 after purchasing an additional 432,056 shares during the period. Finally, Investec Asset Management LTD lifted its position in TransUnion by 44.0% during the second quarter. Investec Asset Management LTD now owns 2,126,235 shares of the business services provider’s stock worth $152,323,000 after purchasing an additional 650,036 shares during the period. 98.47% of the stock is owned by institutional investors and hedge funds.

In related news, insider James M. Peck sold 141,428 shares of the stock in a transaction on Friday, October 26th. The stock was sold at an average price of $62.04, for a total value of $8,774,193.12. Following the transaction, the insider now directly owns 381,627 shares in the company, valued at approximately $23,676,139.08. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CAO Timothy Elberfeld sold 1,592 shares of the stock in a transaction on Thursday, November 1st. The stock was sold at an average price of $66.14, for a total value of $105,294.88. Following the completion of the transaction, the chief accounting officer now owns 12,566 shares in the company, valued at $831,115.24. The disclosure for this sale can be found here. Over the last quarter, insiders sold 147,339 shares of company stock worth $9,153,788. 2.10% of the stock is owned by company insiders.

Shares of NYSE TRU opened at $62.60 on Thursday. The company has a debt-to-equity ratio of 2.07, a current ratio of 1.62 and a quick ratio of 1.62. The stock has a market cap of $11.60 billion, a price-to-earnings ratio of 36.61, a price-to-earnings-growth ratio of 3.47 and a beta of 0.85. TransUnion has a 12 month low of $53.11 and a 12 month high of $79.48.

TransUnion (NYSE:TRU) last issued its earnings results on Tuesday, October 23rd. The business services provider reported $0.65 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.63 by $0.02. The firm had revenue of $603.60 million during the quarter, compared to the consensus estimate of $617.92 million. TransUnion had a return on equity of 21.22% and a net margin of 18.98%. The business’s quarterly revenue was up 21.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.49 earnings per share. On average, sell-side analysts predict that TransUnion will post 2.24 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 6th. Investors of record on Wednesday, November 21st will be issued a $0.075 dividend. This represents a $0.30 dividend on an annualized basis and a dividend yield of 0.48%. The ex-dividend date is Tuesday, November 20th. TransUnion’s dividend payout ratio is currently 17.54%.

Several research firms recently weighed in on TRU. Morgan Stanley reaffirmed a “hold” rating and set a $75.00 price objective (up previously from $71.00) on shares of TransUnion in a research report on Thursday, September 13th. JPMorgan Chase & Co. cut their price objective on shares of TransUnion from $88.00 to $84.00 and set an “overweight” rating for the company in a research report on Wednesday, October 24th. ValuEngine cut shares of TransUnion from a “buy” rating to a “hold” rating in a research report on Thursday, November 15th. Bank of America began coverage on shares of TransUnion in a research report on Tuesday, October 23rd. They set a “buy” rating and a $84.00 price objective for the company. Finally, Atlantic Securities raised shares of TransUnion from a “neutral” rating to an “overweight” rating and set a $82.00 price objective for the company in a research report on Wednesday, October 24th. Four equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of $78.54.

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TransUnion Company Profile

TransUnion provides risk and information solutions. The company operates in three segments: U.S. Information Services (USIS), International, and Consumer Interactive. The USIS segment provides consumer reports, risk scores, and analytical and decisioning services for businesses. These businesses use 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 investigate potential fraud.

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Institutional Ownership by Quarter for TransUnion (NYSE:TRU)

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