Mutual of America Capital Management LLC Sells 556 Shares of TransUnion (NYSE:TRU)

Mutual of America Capital Management LLC trimmed its stake in TransUnion (NYSE:TRU) by 10.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 5,012 shares of the business services provider’s stock after selling 556 shares during the quarter. Mutual of America Capital Management LLC’s holdings in TransUnion were worth $344,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in TRU. Headlands Technologies LLC bought a new stake in TransUnion in the third quarter worth $27,000. CENTRAL TRUST Co raised its stake in shares of TransUnion by 569.3% in 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. NBC Securities Inc. purchased a new position in shares of TransUnion in the third quarter worth $120,000. Concord Wealth Partners raised its stake in shares of TransUnion by 9,256.5% in the third quarter. Concord Wealth Partners now owns 2,152 shares of the business services provider’s stock worth $154,000 after purchasing an additional 2,129 shares during the last quarter. Finally, Jump Financial LLC purchased a new position in shares of TransUnion in the third quarter worth $202,000.

Insider Transactions at TransUnion

In other news, insider Steven M. Chaouki sold 1,775 shares of the company’s stock in a transaction dated Monday, April 1st. The stock was sold at an average price of $81.30, for a total value of $144,307.50. Following the completion of the transaction, the insider now owns 75,099 shares of the company’s stock, valued at $6,105,548.70. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In related news, EVP Timothy J. Martin sold 12,000 shares of the stock in a transaction that occurred on Tuesday, March 5th. The stock was sold at an average price of $78.59, for a total transaction of $943,080.00. Following the completion of the transaction, the executive vice president now directly owns 54,522 shares of the company’s stock, valued at $4,284,883.98. The sale was disclosed in a filing with the SEC, which is available through this link. Also, insider Steven M. Chaouki sold 1,775 shares of the stock in a transaction that occurred on Monday, April 1st. The shares were sold at an average price of $81.30, for a total value of $144,307.50. Following the transaction, the insider now directly owns 75,099 shares of the company’s stock, valued at $6,105,548.70. The disclosure for this sale can be found here. Insiders sold a total of 15,275 shares of company stock valued at $1,204,538 over the last 90 days. Company insiders own 0.28% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently weighed in on the company. JPMorgan Chase & Co. boosted their price target on TransUnion from $69.00 to $84.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 14th. Wells Fargo & Company boosted their price target on TransUnion from $80.00 to $85.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 14th. Stifel Nicolaus boosted their price target on TransUnion from $76.00 to $83.00 and gave the stock a “buy” rating in a research note on Wednesday, February 14th. Jefferies Financial Group upped their price objective on TransUnion from $75.00 to $85.00 and gave the company a “buy” rating in a research report on Wednesday, January 17th. Finally, Royal Bank of Canada reiterated an “outperform” rating and set a $85.00 price objective on shares of TransUnion in a research report on Wednesday, February 14th. Six investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $81.47.

TransUnion Stock Performance

Shares of TRU opened at $69.50 on Wednesday. The company has a quick ratio of 1.47, a current ratio of 1.47 and a debt-to-equity ratio of 1.28. The business has a 50-day simple moving average of $76.63 and a two-hundred day simple moving average of $67.83. The stock has a market cap of $13.50 billion, a price-to-earnings ratio of -46.64, a PEG ratio of 1.03 and a beta of 1.61. TransUnion has a 52 week low of $42.09 and a 52 week high of $82.75.

TransUnion (NYSE:TRU) last released its quarterly earnings data on Tuesday, February 13th. The business services provider reported $0.80 earnings per share for the quarter, topping analysts’ consensus estimates of $0.72 by $0.08. The firm had revenue of $954.00 million during the quarter, compared to analyst estimates of $927.04 million. TransUnion had a positive return on equity of 13.58% and a negative net margin of 7.50%. The business’s quarterly revenue was up 5.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.70 earnings per share. On average, analysts expect that TransUnion will post 3.31 EPS for the current year.

TransUnion Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 22nd. Stockholders of record on Thursday, March 7th were paid a $0.105 dividend. This represents a $0.42 dividend on an annualized basis and a dividend yield of 0.60%. The ex-dividend date was Wednesday, March 6th. TransUnion’s dividend payout ratio (DPR) is -28.19%.

TransUnion 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.