TransUnion (NYSE:TRU) Position Trimmed by Raymond James Financial Services Advisors Inc.

Raymond James Financial Services Advisors Inc. reduced its holdings in TransUnion (NYSE:TRUGet Rating) by 7.3% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 12,394 shares of the business services provider’s stock after selling 972 shares during the quarter. Raymond James Financial Services Advisors Inc.’s holdings in TransUnion were worth $737,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Ronald Blue Trust Inc. bought a new position in TransUnion during the 2nd quarter worth $27,000. Desjardins Global Asset Management Inc. acquired a new position in shares of TransUnion during the second quarter valued at $37,000. Brown Brothers Harriman & Co. bought a new position in shares of TransUnion during the first quarter worth about $49,000. KB Financial Partners LLC increased its holdings in shares of TransUnion by 86.5% in the 1st quarter. KB Financial Partners LLC now owns 485 shares of the business services provider’s stock worth $50,000 after acquiring an additional 225 shares during the period. Finally, Magellan Asset Management Ltd bought a new stake in TransUnion in the 2nd quarter valued at about $57,000. 95.02% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts have commented on TRU shares. StockNews.com cut shares of TransUnion from a “hold” rating to a “sell” rating in a research report on Tuesday, January 10th. Robert W. Baird lowered their target price on TransUnion from $81.00 to $78.00 in a research report on Wednesday, October 26th. Morgan Stanley raised TransUnion from an “equal weight” rating to an “overweight” rating and cut their target price for the company from $80.00 to $78.00 in a research note on Wednesday, January 4th. Wells Fargo & Company raised TransUnion from an “equal weight” rating to an “overweight” rating and increased their price target for the stock from $70.00 to $88.00 in a research note on Friday, January 13th. Finally, The Goldman Sachs Group cut their price objective on shares of TransUnion from $85.00 to $74.00 and set a “neutral” rating on the stock in a research note on Thursday, October 27th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $83.57.

TransUnion Price Performance

Shares of NYSE TRU opened at $69.78 on Tuesday. TransUnion has a twelve month low of $50.32 and a twelve month high of $105.23. The company has a current ratio of 1.73, a quick ratio of 1.73 and a debt-to-equity ratio of 1.39. The firm has a 50-day moving average of $61.19 and a two-hundred day moving average of $66.97. The company has a market capitalization of $13.45 billion, a price-to-earnings ratio of 10.87, a PEG ratio of 0.64 and a beta of 1.30.

TransUnion (NYSE:TRUGet Rating) last released its earnings results on Tuesday, October 25th. The business services provider reported $0.85 EPS for the quarter, topping analysts’ consensus estimates of $0.84 by $0.01. The business had revenue of $938.20 million for the quarter, compared to the consensus estimate of $944.27 million. TransUnion had a net margin of 34.48% and a return on equity of 15.58%. As a group, analysts expect that TransUnion will post 3.34 earnings per share for the current fiscal year.

TransUnion Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, December 2nd. Shareholders of record on Thursday, November 17th were issued a $0.105 dividend. The ex-dividend date was Wednesday, November 16th. This represents a $0.42 annualized dividend and a dividend yield of 0.60%. TransUnion’s dividend payout ratio is currently 6.54%.

About TransUnion

(Get Rating)

TransUnion engages in the provision of information and risk management solutions. It also provides consumer reports, risk scores, analytical services and decision making capabilities to businesses. The firm operates through the following segments: U.S. Markets, International, Consumer Interactive, and Corporate.

See Also

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Institutional Ownership by Quarter for TransUnion (NYSE:TRU)

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