Unique Wealth Strategies LLC Takes Position in TransUnion (NYSE:TRU)

Unique Wealth Strategies LLC bought a new stake in TransUnion (NYSE:TRU) in the fourth quarter, Holdings Channel.com reports. The firm bought 11,324 shares of the business services provider’s stock, valued at approximately $778,000.

A number of other hedge funds have also modified their holdings of the business. Headlands Technologies LLC acquired a new stake in TransUnion during the third quarter worth about $27,000. GAMMA Investing LLC acquired a new stake in TransUnion during the fourth quarter worth about $30,000. CENTRAL TRUST Co increased its position in TransUnion by 569.3% during the third quarter. CENTRAL TRUST Co now owns 937 shares of the business services provider’s stock worth $67,000 after purchasing an additional 797 shares during the last quarter. CWM LLC increased its position in TransUnion by 35.0% during the fourth quarter. CWM LLC now owns 1,544 shares of the business services provider’s stock worth $106,000 after purchasing an additional 400 shares during the last quarter. Finally, NBC Securities Inc. acquired a new stake in TransUnion during the third quarter worth about $120,000.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the stock. Truist Financial raised their price objective on shares of TransUnion from $65.00 to $75.00 and gave the stock a “hold” rating in a research report on Wednesday, February 14th. Jefferies Financial Group raised their price objective on shares of TransUnion from $75.00 to $85.00 and gave the stock a “buy” rating in a research report on Wednesday, January 17th. Evercore ISI lifted their price target on shares of TransUnion from $70.00 to $80.00 and gave the company an “in-line” rating in a research report on Tuesday, March 26th. Robert W. Baird lifted their price target on shares of TransUnion from $87.00 to $94.00 and gave the company an “outperform” rating in a research report on Friday. Finally, Wells Fargo & Company lifted their price target on shares of TransUnion from $80.00 to $85.00 and gave the company an “overweight” rating in a research report on Wednesday, February 14th. Six equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to MarketBeat, TransUnion currently has a consensus rating of “Moderate Buy” and an average target price of $83.60.

TransUnion Stock Up 0.3 %

Shares of NYSE TRU traded up $0.20 during midday trading on Friday, hitting $74.49. The company’s stock had a trading volume of 1,873,347 shares, compared to its average volume of 1,905,408. The business’s fifty day simple moving average is $76.32 and its two-hundred day simple moving average is $67.91. The company has a debt-to-equity ratio of 1.28, a current ratio of 1.47 and a quick ratio of 1.47. TransUnion has a 1 year low of $42.09 and a 1 year high of $82.75. The firm has a market capitalization of $14.47 billion, a price-to-earnings ratio of -52.08, a price-to-earnings-growth ratio of 1.14 and a beta of 1.61.

TransUnion (NYSE:TRU) last posted its quarterly earnings data on Thursday, April 25th. The business services provider reported $0.83 EPS for the quarter, beating the consensus estimate of $0.71 by $0.12. TransUnion had a negative net margin of 7.02% and a positive return on equity of 14.22%. The business had revenue of $1.02 billion during the quarter, compared to analyst estimates of $977.62 million. On average, equities analysts predict that TransUnion will post 3.31 EPS for the current year.

TransUnion Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, March 22nd. Investors of record on Thursday, March 7th were paid a $0.105 dividend. The ex-dividend date was Wednesday, March 6th. This represents a $0.42 dividend on an annualized basis and a yield of 0.56%. TransUnion’s dividend payout ratio is currently -29.37%.

Insider Buying and Selling

In related news, EVP Timothy J. Martin sold 12,000 shares of TransUnion stock in a transaction that occurred on Tuesday, March 5th. The shares were sold at an average price of $78.59, for a total value of $943,080.00. Following the completion of the transaction, the executive vice president now owns 54,522 shares in the company, valued at $4,284,883.98. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, EVP Timothy J. Martin sold 12,000 shares of TransUnion stock in a transaction that occurred on Tuesday, March 5th. The shares were sold at an average price of $78.59, for a total value of $943,080.00. Following the completion of the transaction, the executive vice president now owns 54,522 shares in the company, valued at $4,284,883.98. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Steven M. Chaouki sold 1,775 shares of TransUnion stock in a transaction that occurred on Monday, April 1st. The stock was sold at an average price of $81.30, for a total transaction of $144,307.50. Following the completion of the transaction, the insider now owns 75,099 shares of the company’s stock, valued at approximately $6,105,548.70. The disclosure for this sale can be found here. Insiders sold 15,275 shares of company stock worth $1,204,538 over the last 90 days. 0.22% of the stock is owned by insiders.

About TransUnion

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.