US Bancorp DE Has $8.56 Million Stock Position in TransUnion (NYSE:TRU)

US Bancorp DE lowered its position in shares of TransUnion (NYSE:TRU) by 21.6% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 109,263 shares of the business services provider’s stock after selling 30,147 shares during the quarter. US Bancorp DE’s holdings in TransUnion were worth $8,559,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of TRU. First Horizon Advisors Inc. lifted its holdings in shares of TransUnion by 166.3% during the first quarter. First Horizon Advisors Inc. now owns 474 shares of the business services provider’s stock worth $29,000 after buying an additional 296 shares in the last quarter. Fifth Third Bancorp lifted its holdings in shares of TransUnion by 1,629.2% during the second quarter. Fifth Third Bancorp now owns 415 shares of the business services provider’s stock worth $33,000 after buying an additional 391 shares in the last quarter. Column Capital Advisors LLC acquired a new stake in shares of TransUnion during the first quarter worth $34,000. Clearstead Advisors LLC raised its stake in TransUnion by 563.8% in the first quarter. Clearstead Advisors LLC now owns 770 shares of the business services provider’s stock valued at $48,000 after purchasing an additional 654 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its stake in TransUnion by 36.9% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 843 shares of the business services provider’s stock valued at $48,000 after purchasing an additional 227 shares in the last quarter.

Insider Transactions at TransUnion

In related news, insider Steven M. Chaouki sold 1,277 shares of the company’s stock in a transaction that occurred on Friday, September 1st. The stock was sold at an average price of $82.06, for a total value of $104,790.62. Following the sale, the insider now directly owns 58,136 shares in the company, valued at $4,770,640.16. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, insider Steven M. Chaouki sold 1,277 shares of the company’s stock in a transaction that occurred on Friday, September 1st. The stock was sold at an average price of $82.06, for a total value of $104,790.62. Following the sale, the insider now directly owns 58,136 shares in the company, valued at $4,770,640.16. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Steven M. Chaouki sold 949 shares of the company’s stock in a transaction that occurred on Tuesday, August 22nd. The shares were sold at an average price of $77.03, for a total value of $73,101.47. Following the completion of the sale, the insider now owns 60,472 shares in the company, valued at $4,658,158.16. The disclosure for this sale can be found here. Over the last three months, insiders have sold 3,738 shares of company stock worth $287,766. Insiders own 0.22% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on TRU. StockNews.com began coverage on TransUnion in a research note on Thursday, October 5th. They issued a “hold” rating for the company. Wells Fargo & Company boosted their price target on TransUnion from $88.00 to $94.00 in a research note on Wednesday, July 26th. Evercore ISI downgraded TransUnion from an “outperform” rating to an “in-line” rating in a research note on Wednesday, October 25th. Morgan Stanley dropped their price target on TransUnion from $93.00 to $70.00 and set an “overweight” rating for the company in a research note on Wednesday, October 25th. Finally, Royal Bank of Canada lowered their target price on TransUnion from $97.00 to $70.00 and set an “outperform” rating for the company in a research note on Wednesday, October 25th. One analyst has rated the stock with a sell rating, six have given a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $72.93.

TransUnion Stock Performance

NYSE:TRU opened at $58.30 on Friday. The stock has a market cap of $11.29 billion, a P/E ratio of -45.55, a price-to-earnings-growth ratio of 1.22 and a beta of 1.44. The company has a current ratio of 1.54, a quick ratio of 1.54 and a debt-to-equity ratio of 1.30. The stock’s 50-day moving average is $63.78 and its 200-day moving average is $71.64. TransUnion has a 1-year low of $42.09 and a 1-year high of $82.75.

TransUnion (NYSE:TRU) last released its quarterly earnings results on Tuesday, October 24th. The business services provider reported $0.91 earnings per share for the quarter, missing the consensus estimate of $0.95 by ($0.04). The firm had revenue of $968.70 million for the quarter, compared to the consensus estimate of $982.95 million. TransUnion had a positive return on equity of 13.49% and a negative net margin of 6.53%. The business’s revenue for the quarter was up 3.3% on a year-over-year basis. During the same quarter last year, the firm posted $0.85 earnings per share. Equities research analysts anticipate that TransUnion will post 3.22 earnings per share for the current year.

TransUnion Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, December 4th. Stockholders of record on Friday, November 17th will be issued a dividend of $0.105 per share. This represents a $0.42 annualized dividend and a dividend yield of 0.72%. The ex-dividend date is Thursday, November 16th. TransUnion’s dividend payout ratio (DPR) is currently -32.81%.

TransUnion Profile

TransUnion operates as a global consumer credit reporting agency that provides risk and information solutions. The company operates in three segments: U.S. Markets, International, and Consumer Interactive. 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.