Citigroup Inc. Reduces Holdings in TransUnion (NYSE:TRU)

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Citigroup Inc. decreased its holdings in TransUnion (NYSE:TRU) by 46.8% in the 1st quarter, HoldingsChannel reports. The fund owned 43,921 shares of the business services provider’s stock after selling 38,565 shares during the quarter. Citigroup Inc.’s holdings in TransUnion were worth $2,936,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the business. Lunia Capital LP increased its stake in shares of TransUnion by 7,134.4% during the fourth quarter. Lunia Capital LP now owns 16,708,913 shares of the business services provider’s stock worth $16,709,000 after acquiring an additional 16,477,948 shares during the period. Vanguard Group Inc lifted its holdings in shares of TransUnion by 0.7% in the third quarter. Vanguard Group Inc now owns 15,801,372 shares of the business services provider’s stock valued at $1,162,665,000 after purchasing an additional 116,055 shares in the last quarter. BlackRock Inc. lifted its holdings in shares of TransUnion by 30.9% in the first quarter. BlackRock Inc. now owns 13,323,169 shares of the business services provider’s stock valued at $890,520,000 after purchasing an additional 3,143,801 shares in the last quarter. Atlanta Capital Management Co. L L C lifted its holdings in shares of TransUnion by 7.4% in the fourth quarter. Atlanta Capital Management Co. L L C now owns 8,796,609 shares of the business services provider’s stock valued at $499,647,000 after purchasing an additional 606,359 shares in the last quarter. Finally, Principal Financial Group Inc. lifted its stake in shares of TransUnion by 2.3% during the first quarter. Principal Financial Group Inc. now owns 5,656,847 shares of the business services provider’s stock valued at $378,104,000 after buying an additional 125,231 shares during the period.

TRU has been the topic of a number of recent analyst reports. Zacks Investment Research downgraded shares of TransUnion from a “hold” rating to a “sell” rating in a research note on Wednesday, February 20th. ValuEngine raised shares of TransUnion from a “hold” rating to a “buy” rating in a research note on Friday, February 22nd. Exane BNP Paribas initiated coverage on shares of TransUnion in a research note on Friday, March 15th. They set a “neutral” rating and a $66.00 price target on the stock. BNP Paribas initiated coverage on shares of TransUnion in a research note on Friday, March 15th. They set a “neutral” rating and a $66.00 price target on the stock. Finally, Deutsche Bank increased their price target on shares of TransUnion from $69.00 to $75.00 and gave the stock a “buy” rating in a research note on Wednesday, April 17th. Five investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of $75.27.

In other news, insider James M. Peck sold 124,070 shares of the stock in a transaction on Friday, April 26th. The shares were sold at an average price of $68.80, for a total value of $8,536,016.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Christopher A. Cartwright sold 36,082 shares of the firm’s stock in a transaction on Tuesday, May 7th. The shares were sold at an average price of $65.86, for a total transaction of $2,376,360.52. Following the sale, the executive vice president now directly owns 209,625 shares of the company’s stock, valued at $13,805,902.50. The disclosure for this sale can be found here. Insiders sold 165,470 shares of company stock valued at $11,265,378 in the last three months. Company insiders own 0.92% of the company’s stock.

TransUnion stock opened at $70.75 on Thursday. TransUnion has a 52-week low of $52.15 and a 52-week high of $79.48. The firm has a market capitalization of $13.03 billion, a PE ratio of 30.63, a price-to-earnings-growth ratio of 4.20 and a beta of 0.96. The company has a quick ratio of 1.64, a current ratio of 1.64 and a debt-to-equity ratio of 1.90.

TransUnion (NYSE:TRU) last released its quarterly earnings data on Tuesday, April 23rd. The business services provider reported $0.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.53 by $0.07. TransUnion had a net margin of 11.43% and a return on equity of 22.63%. The company had revenue of $623.50 million during the quarter, compared to analyst estimates of $618.38 million. During the same quarter in the prior year, the business earned $0.57 earnings per share. The business’s quarterly revenue was up 16.0% compared to the same quarter last year. Research analysts anticipate that TransUnion will post 2.39 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 7th. Stockholders of record on Thursday, May 23rd were given a $0.075 dividend. This represents a $0.30 annualized dividend and a dividend yield of 0.42%. The ex-dividend date of this dividend was Wednesday, May 22nd. TransUnion’s payout ratio is currently 12.99%.

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TransUnion 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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