Lindbrook Capital LLC Boosts Stock Holdings in TransUnion (NYSE:TRU)

Lindbrook Capital LLC grew its position in TransUnion (NYSE:TRU) by 4.0% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 4,260 shares of the business services provider’s stock after buying an additional 163 shares during the quarter. Lindbrook Capital LLC’s holdings in TransUnion were worth $446,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Assetmark Inc. lifted its holdings in TransUnion by 6,720.7% in the 3rd quarter. Assetmark Inc. now owns 128,706 shares of the business services provider’s stock valued at $13,476,000 after purchasing an additional 126,819 shares in the last quarter. Verdence Capital Advisors LLC grew its holdings in TransUnion by 2.2% in the 3rd quarter. Verdence Capital Advisors LLC now owns 44,370 shares of the business services provider’s stock valued at $4,646,000 after buying an additional 961 shares in the last quarter. Capital Performance Advisors LLP acquired a new stake in shares of TransUnion in the 3rd quarter worth $128,000. Western Pacific Wealth Management LP purchased a new position in shares of TransUnion during the 3rd quarter worth $145,000. Finally, Kornitzer Capital Management Inc. KS boosted its position in shares of TransUnion by 0.5% during the 3rd quarter. Kornitzer Capital Management Inc. KS now owns 342,300 shares of the business services provider’s stock valued at $35,839,000 after acquiring an additional 1,735 shares during the last quarter.

TransUnion Stock Performance

Shares of TransUnion stock opened at $106.62 on Friday. 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 52 week low of $51.40 and a 52 week high of $113.17. The firm’s 50 day moving average is $103.02 and its two-hundred day moving average is $87.97. The firm has a market capitalization of $20.78 billion, a P/E ratio of 92.71, a P/E/G ratio of 1.42 and a beta of 1.62.

TransUnion (NYSE:TRU) last announced its quarterly 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. TransUnion had a net margin of 5.47% and a return on equity of 15.38%. The firm had revenue of $1.09 billion for the quarter, compared to analyst estimates of $1.06 billion. During the same period last year, the business earned $0.80 EPS. TransUnion’s revenue for the quarter was up 12.0% compared to the same quarter last year. Research analysts forecast that TransUnion will post 3.46 EPS for the current fiscal year.

TransUnion Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, December 9th. Shareholders of record on Friday, November 22nd will be given a dividend of $0.105 per share. This represents a $0.42 annualized dividend and a yield of 0.39%. The ex-dividend date of this dividend is Friday, November 22nd. TransUnion’s dividend payout ratio (DPR) is 36.52%.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the stock. Morgan Stanley raised their price objective on shares of TransUnion from $103.00 to $119.00 and gave the stock an “overweight” rating in a research report on Thursday, October 24th. Needham & Company LLC reaffirmed a “hold” rating on shares of TransUnion in a research report on Thursday, October 24th. Stifel Nicolaus increased their price objective on TransUnion from $103.00 to $120.00 and gave the stock a “buy” rating in a research report on Thursday, October 24th. Barclays raised their target price on TransUnion from $80.00 to $105.00 and gave the stock an “equal weight” rating in a research note on Friday, September 13th. Finally, The Goldman Sachs Group upped their target price on shares of TransUnion from $97.00 to $109.00 and gave the company a “neutral” rating in a research report on Wednesday, October 2nd. Seven equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $104.53.

Insider Buying and Selling at TransUnion

In other news, CAO Jennifer A. Williams sold 405 shares of the firm’s stock in a transaction that occurred on Thursday, August 29th. The shares were sold at an average price of $95.58, for a total transaction of $38,709.90. Following the transaction, the chief accounting officer now directly owns 7,186 shares in the company, valued at approximately $686,837.88. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. In other news, insider Steven M. Chaouki sold 1,000 shares of the stock in a transaction dated Tuesday, September 3rd. The shares were sold at an average price of $95.65, for a total transaction of $95,650.00. Following the completion of the sale, the insider now owns 64,488 shares in the company, valued at approximately $6,168,277.20. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Jennifer A. Williams sold 405 shares of the business’s stock in a transaction dated Thursday, August 29th. The shares were sold at an average price of $95.58, for a total value of $38,709.90. Following the completion of the transaction, the chief accounting officer now owns 7,186 shares in the company, valued at $686,837.88. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 9,815 shares of company stock worth $961,407. 0.22% of the stock is owned by 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.