Virtu Financial LLC Acquires New Shares in TransUnion (NYSE:TRU)

Virtu Financial LLC bought a new position in shares of TransUnion (NYSE:TRU) during the 3rd quarter, Holdings Channel.com reports. The firm bought 4,245 shares of the business services provider’s stock, valued at approximately $444,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Huntington National Bank lifted its holdings in TransUnion by 84.5% during the 3rd quarter. Huntington National Bank now owns 286 shares of the business services provider’s stock worth $30,000 after buying an additional 131 shares during the period. True Wealth Design LLC lifted its holdings in TransUnion by 4,590.0% during the 3rd quarter. True Wealth Design LLC now owns 469 shares of the business services provider’s stock worth $49,000 after buying an additional 459 shares during the period. Quarry LP lifted its holdings in TransUnion by 963.0% during the 2nd quarter. Quarry LP now owns 574 shares of the business services provider’s stock worth $43,000 after buying an additional 520 shares during the period. Signaturefd LLC lifted its holdings in TransUnion by 15.0% during the 3rd quarter. Signaturefd LLC now owns 788 shares of the business services provider’s stock worth $83,000 after buying an additional 103 shares during the period. Finally, Blue Trust Inc. lifted its holdings in TransUnion by 156.6% during the 2nd quarter. Blue Trust Inc. now owns 857 shares of the business services provider’s stock worth $68,000 after buying an additional 523 shares during the period.

Insiders Place Their Bets

In other TransUnion news, insider Steven M. Chaouki sold 1,500 shares of the business’s stock in a transaction that occurred on Friday, November 8th. The stock was sold at an average price of $105.66, for a total transaction of $158,490.00. Following the completion of the sale, the insider now directly owns 62,988 shares of the company’s stock, valued at approximately $6,655,312.08. The trade was a 2.33 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Timothy J. Martin sold 2,500 shares of the business’s stock in a transaction that occurred on Tuesday, October 1st. The stock was sold at an average price of $104.59, for a total value of $261,475.00. Following the completion of the transaction, the executive vice president now owns 46,739 shares in the company, valued at $4,888,432.01. The trade was a 5.08 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 20,590 shares of company stock valued at $2,084,633. Corporate insiders own 0.22% of the company’s stock.

Analyst Ratings Changes

Several research analysts have commented on the company. Needham & Company LLC reaffirmed a “hold” rating on shares of TransUnion in a report on Thursday, October 24th. UBS Group assumed coverage on TransUnion in a research report on Tuesday, October 1st. They issued a “neutral” rating and a $110.00 price objective for the company. Oppenheimer lowered their price objective on TransUnion from $122.00 to $115.00 and set an “outperform” rating for the company in a research report on Wednesday, November 20th. Wells Fargo & Company lifted their price objective on TransUnion from $125.00 to $135.00 and gave the stock an “overweight” rating in a research report on Thursday, October 24th. Finally, Royal Bank of Canada reissued an “outperform” rating and issued a $121.00 price objective on shares of TransUnion in a research report on Thursday, October 24th. Seven research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $107.06.

TransUnion Stock Performance

Shares of TransUnion stock opened at $98.43 on Monday. TransUnion has a one year low of $63.03 and a one year high of $113.17. The firm has a market capitalization of $19.18 billion, a price-to-earnings ratio of 85.59, a PEG ratio of 1.37 and a beta of 1.60. The business has a 50-day simple moving average of $102.39 and a 200 day simple moving average of $92.16. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.68 and a quick ratio of 1.68.

TransUnion (NYSE:TRU) last issued its quarterly earnings data on Wednesday, October 23rd. The business services provider reported $1.04 EPS for the quarter, topping analysts’ consensus estimates of $1.01 by $0.03. The firm had revenue of $1.09 billion during the quarter, compared to analyst estimates of $1.06 billion. TransUnion had a return on equity of 15.38% and a net margin of 5.47%. The company’s revenue for the quarter was up 12.0% on a year-over-year basis. During the same period in the previous year, the company posted $0.80 EPS. On average, research analysts anticipate that TransUnion will post 3.44 earnings per share for the current fiscal year.

TransUnion Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 9th. Shareholders of record on Friday, November 22nd were issued a dividend of $0.105 per share. This represents a $0.42 dividend on an annualized basis and a yield of 0.43%. The ex-dividend date was Friday, November 22nd. TransUnion’s dividend payout ratio is currently 36.52%.

TransUnion Company 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.