TransUnion (NYSE:TRU) Shares Bought by KBC Group NV

KBC Group NV raised its stake in shares of TransUnion (NYSE:TRU) by 317.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 260,007 shares of the business services provider’s stock after acquiring an additional 197,744 shares during the period. KBC Group NV’s holdings in TransUnion were worth $24,105,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in TRU. FMR LLC increased its stake in TransUnion by 307.7% during the third quarter. FMR LLC now owns 4,540,896 shares of the business services provider’s stock worth $475,432,000 after purchasing an additional 3,427,199 shares during the period. Massachusetts Financial Services Co. MA increased its stake in TransUnion by 17.4% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 19,180,562 shares of the business services provider’s stock worth $2,008,205,000 after buying an additional 2,840,800 shares during the period. Westfield Capital Management Co. LP acquired a new stake in TransUnion during the 3rd quarter worth approximately $92,661,000. Wellington Management Group LLP boosted its position in TransUnion by 16.8% in the 3rd quarter. Wellington Management Group LLP now owns 4,426,510 shares of the business services provider’s stock valued at $463,456,000 after buying an additional 635,581 shares during the period. Finally, Artemis Investment Management LLP purchased a new position in TransUnion in the 3rd quarter valued at approximately $32,008,000.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on TRU shares. 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 research note on Thursday, October 10th. Needham & Company LLC reiterated a “hold” rating on shares of TransUnion in a research note on Thursday, January 16th. Robert W. Baird boosted their price objective on TransUnion from $104.00 to $130.00 and gave the stock an “outperform” rating in a research report on Thursday, October 24th. The Goldman Sachs Group raised their target price on shares of TransUnion from $97.00 to $109.00 and gave the company a “neutral” rating in a report on Wednesday, October 2nd. Finally, Stifel Nicolaus boosted their price target on shares of TransUnion from $103.00 to $120.00 and gave the stock a “buy” rating in a report on Thursday, October 24th. Six investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company. Based on data from MarketBeat.com, TransUnion presently has an average rating of “Moderate Buy” and a consensus target price of $108.00.

Insider Buying and Selling at TransUnion

In other TransUnion news, insider Todd C. Skinner sold 3,090 shares of the firm’s stock in a transaction on Friday, November 29th. The shares were sold at an average price of $101.48, for a total transaction of $313,573.20. Following the transaction, the insider now directly owns 24,333 shares of the company’s stock, valued at approximately $2,469,312.84. This trade represents a 11.27 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Steven M. Chaouki sold 1,000 shares of TransUnion stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of $93.60, for a total transaction of $93,600.00. Following the completion of the transaction, the insider now owns 59,488 shares in the company, valued at approximately $5,568,076.80. This represents a 1.65 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 19,090 shares of company stock worth $1,916,758. 0.22% of the stock is owned by insiders.

TransUnion Stock Up 0.5 %

TRU opened at $98.34 on Wednesday. TransUnion has a one year low of $66.07 and a one year high of $113.17. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.68 and a current ratio of 1.68. The stock has a market capitalization of $19.17 billion, a P/E ratio of 85.51, a price-to-earnings-growth ratio of 1.16 and a beta of 1.62. The business’s 50-day simple moving average is $95.92 and its 200-day simple moving average is $96.65.

TransUnion Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, December 9th. Shareholders of record on Friday, November 22nd were given a dividend of $0.105 per share. This represents a $0.42 annualized dividend and a yield of 0.43%. The ex-dividend date was Friday, November 22nd. TransUnion’s dividend payout ratio (DPR) is 36.52%.

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.