Janus Henderson Group PLC Grows Position in TransUnion (NYSE:TRU)

Janus Henderson Group PLC boosted its holdings in TransUnion (NYSE:TRU) by 2.4% in the 3rd quarter, HoldingsChannel reports. The fund owned 3,154,262 shares of the business services provider’s stock after acquiring an additional 75,410 shares during the quarter. Janus Henderson Group PLC’s holdings in TransUnion were worth $330,251,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Victory Capital Management Inc. raised its position in TransUnion by 24.1% in the second quarter. Victory Capital Management Inc. now owns 3,468,854 shares of the business services provider’s stock worth $257,250,000 after acquiring an additional 674,187 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. grew its holdings in TransUnion by 12.1% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,308,028 shares of the business services provider’s stock valued at $136,951,000 after purchasing an additional 140,952 shares during the last quarter. Blue Trust Inc. grew its holdings in TransUnion by 156.6% in the second quarter. Blue Trust Inc. now owns 857 shares of the business services provider’s stock valued at $68,000 after purchasing an additional 523 shares during the last quarter. Harbor Capital Advisors Inc. grew its holdings in TransUnion by 359.2% in the second quarter. Harbor Capital Advisors Inc. now owns 9,804 shares of the business services provider’s stock valued at $727,000 after purchasing an additional 7,669 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in TransUnion by 3.1% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 89,987 shares of the business services provider’s stock valued at $6,673,000 after purchasing an additional 2,713 shares during the last quarter.

TransUnion Price Performance

Shares of NYSE TRU opened at $100.03 on Wednesday. The firm has a market cap of $19.50 billion, a PE ratio of 86.98, a price-to-earnings-growth ratio of 1.38 and a beta of 1.60. The business has a 50 day moving average price of $103.30 and a two-hundred day moving average price of $90.87. The company has a quick ratio of 1.68, a current ratio of 1.68 and a debt-to-equity ratio of 1.19. TransUnion has a fifty-two week low of $58.59 and a fifty-two week high of $113.17.

TransUnion (NYSE:TRU) last issued its earnings results on Wednesday, October 23rd. The business services provider reported $1.04 EPS for the quarter, topping the consensus estimate of $1.01 by $0.03. The company 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 business’s revenue was up 12.0% on a year-over-year basis. During the same quarter last year, the firm earned $0.80 EPS. Sell-side analysts expect 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 will be paid on Monday, December 9th. Investors of record on Friday, November 22nd will be given a dividend of $0.105 per share. The ex-dividend date is Friday, November 22nd. This represents a $0.42 dividend on an annualized basis and a yield of 0.42%. TransUnion’s dividend payout ratio is currently 36.52%.

Analysts Set New Price Targets

Several analysts have weighed in on the company. Barclays upped their target price on TransUnion from $80.00 to $105.00 and gave the company an “equal weight” rating in a report on Friday, September 13th. The Goldman Sachs Group increased their target price on TransUnion from $97.00 to $109.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 2nd. Oppenheimer cut their price objective on TransUnion from $122.00 to $115.00 and set an “outperform” rating on the stock in a report on Wednesday, November 20th. Needham & Company LLC restated a “hold” rating on shares of TransUnion in a report on Thursday, October 24th. Finally, Wolfe Research upgraded TransUnion from a “peer perform” rating to an “outperform” rating and set a $130.00 price objective on the stock in a report on Thursday, October 10th. Seven analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. According to data from MarketBeat, TransUnion has a consensus rating of “Moderate Buy” and a consensus price target of $106.38.

Insider Activity at TransUnion

In related 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 transaction, the insider now owns 62,988 shares in the company, valued at $6,655,312.08. The trade was a 2.33 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Todd C. Skinner sold 3,090 shares of the business’s stock in a transaction that occurred on Friday, November 29th. The shares were sold at an average price of $101.48, for a total value of $313,573.20. Following the transaction, the insider now owns 24,333 shares of the company’s stock, valued at $2,469,312.84. This represents a 11.27 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 19,090 shares of company stock worth $1,933,538 in the last 90 days. 0.28% of the stock is currently owned by company insiders.

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.