Bfsg LLC Buys New Position in TransUnion (TRU)

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Bfsg LLC bought a new stake in TransUnion (NYSE:TRU) during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 7,494 shares of the business services provider’s stock, valued at approximately $501,000.

Several other hedge funds and other institutional investors also recently modified their holdings of TRU. Schmidt P J Investment Management Inc. grew its holdings in TransUnion by 1.6% during the fourth quarter. Schmidt P J Investment Management Inc. now owns 10,962 shares of the business services provider’s stock worth $623,000 after acquiring an additional 175 shares during the period. State of Alaska Department of Revenue increased its stake in TransUnion by 0.8% in the 4th quarter. State of Alaska Department of Revenue now owns 22,727 shares of the business services provider’s stock worth $1,290,000 after purchasing an additional 183 shares in the last quarter. National Asset Management Inc. boosted its position in TransUnion by 5.2% during the 4th quarter. National Asset Management Inc. now owns 5,198 shares of the business services provider’s stock worth $296,000 after acquiring an additional 257 shares during the period. Massey Quick Simon & CO. LLC boosted its position in TransUnion by 21.6% during the 4th quarter. Massey Quick Simon & CO. LLC now owns 1,550 shares of the business services provider’s stock worth $88,000 after acquiring an additional 275 shares during the period. Finally, Sumitomo Mitsui Asset Management Company LTD boosted its position in TransUnion by 3.7% during the 4th quarter. Sumitomo Mitsui Asset Management Company LTD now owns 11,230 shares of the business services provider’s stock worth $637,000 after acquiring an additional 405 shares during the period.

TRU traded up $0.23 on Thursday, hitting $71.24. The company had a trading volume of 8,314 shares, compared to its average volume of 1,497,392. TransUnion has a 1-year low of $52.15 and a 1-year high of $79.48. The company has a debt-to-equity ratio of 2.01, a quick ratio of 1.53 and a current ratio of 1.53. The firm has a market cap of $13.29 billion, a P/E ratio of 30.73, a price-to-earnings-growth ratio of 4.32 and a beta of 0.95.

TransUnion (NYSE:TRU) last issued its quarterly earnings results on Thursday, February 14th. The business services provider reported $0.66 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.57 by $0.09. The company had revenue of $624.00 million for the quarter, compared to the consensus estimate of $622.98 million. TransUnion had a return on equity of 22.59% and a net margin of 11.93%. The company’s revenue for the quarter was up 23.3% on a year-over-year basis. During the same period in the previous year, the business posted $0.50 EPS. As a group, analysts anticipate that TransUnion will post 2.35 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Friday, March 22nd. Shareholders of record on Thursday, March 7th were given a $0.075 dividend. This represents a $0.30 dividend on an annualized basis and a yield of 0.42%. The ex-dividend date of this dividend was Wednesday, March 6th. TransUnion’s dividend payout ratio (DPR) is 12.99%.

A number of brokerages have commented on TRU. Deutsche Bank raised their price objective on TransUnion from $69.00 to $75.00 and gave the stock a “buy” rating in a research report on Wednesday. BNP Paribas began coverage on TransUnion in a research report on Friday, March 15th. They set a “neutral” rating and a $66.00 price objective for the company. Exane BNP Paribas began coverage on TransUnion in a report on Friday, March 15th. They set a “neutral” rating and a $66.00 price target for the company. ValuEngine upgraded TransUnion from a “hold” rating to a “buy” rating in a report on Friday, February 22nd. Finally, Zacks Investment Research lowered TransUnion from a “hold” rating to a “sell” rating in a report on Wednesday, February 20th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and eleven have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of $75.25.

In other TransUnion news, insider James M. Peck sold 2,327 shares of the company’s stock in a transaction on Tuesday, February 26th. The stock was sold at an average price of $64.14, for a total value of $149,253.78. Following the sale, the insider now directly owns 335,243 shares in the company, valued at $21,502,486.02. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP David E. Wojczynski sold 9,000 shares of the company’s stock in a transaction on Wednesday, March 13th. The shares were sold at an average price of $65.94, for a total value of $593,460.00. Following the completion of the sale, the executive vice president now owns 43,384 shares in the company, valued at $2,860,740.96. The disclosure for this sale can be found here. Insiders sold 214,041 shares of company stock worth $13,847,553 over the last quarter. Company insiders own 0.92% of the company’s stock.

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TransUnion Company Profile

TransUnion provides risk and information solutions. The company operates in three segments: U.S. Information Services (USIS), International, and Consumer Interactive. The USIS segment provides consumer reports, risk scores, and analytical and decisioning services for businesses. These businesses use 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 investigate potential fraud.

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Institutional Ownership by Quarter for TransUnion (NYSE:TRU)

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