CenterBook Partners LP Has $5.87 Million Stock Holdings in TransUnion (NYSE:TRU)

CenterBook Partners LP boosted its stake in shares of TransUnion (NYSE:TRU) by 24.5% in the 1st quarter, HoldingsChannel.com reports. The fund owned 70,674 shares of the business services provider’s stock after purchasing an additional 13,926 shares during the quarter. CenterBook Partners LP’s holdings in TransUnion were worth $5,865,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in TRU. Fifth Third Bancorp grew its position in shares of TransUnion by 105.3% during the 1st quarter. Fifth Third Bancorp now owns 423 shares of the business services provider’s stock worth $35,000 after buying an additional 217 shares during the period. Aster Capital Management DIFC Ltd bought a new position in shares of TransUnion during the 4th quarter valued at about $40,000. Huntington National Bank lifted its holdings in shares of TransUnion by 58.7% during the 4th quarter. Huntington National Bank now owns 454 shares of the business services provider’s stock valued at $42,000 after purchasing an additional 168 shares in the last quarter. Kapitalo Investimentos Ltda bought a new position in shares of TransUnion during the 4th quarter valued at about $47,000. Finally, Mizuho Bank Ltd. bought a new position in shares of TransUnion during the 4th quarter valued at about $47,000.

Insider Activity

In other TransUnion news, insider Steven M. Chaouki sold 1,000 shares of the company’s stock in a transaction that occurred on Tuesday, July 1st. The stock was sold at an average price of $87.14, for a total value of $87,140.00. Following the completion of the transaction, the insider directly owned 74,393 shares in the company, valued at $6,482,606.02. This represents a 1.33% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. In the last ninety days, insiders sold 3,000 shares of company stock worth $255,010. Insiders own 0.25% of the company’s stock.

TransUnion Stock Performance

Shares of TransUnion stock opened at $93.28 on Tuesday. The company has a current ratio of 2.05, a quick ratio of 2.05 and a debt-to-equity ratio of 1.13. The firm has a market capitalization of $18.20 billion, a P/E ratio of 49.68, a P/E/G ratio of 2.51 and a beta of 1.63. The business has a fifty day simple moving average of $87.71 and a two-hundred day simple moving average of $87.61. TransUnion has a 12 month low of $66.38 and a 12 month high of $113.17.

TransUnion (NYSE:TRU) last issued its earnings results on Thursday, April 24th. The business services provider reported $1.05 earnings per share for the quarter, topping analysts’ consensus estimates of $0.98 by $0.07. TransUnion had a return on equity of 16.18% and a net margin of 8.63%. The business had revenue of $1.10 billion during the quarter, compared to analyst estimates of $1.07 billion. During the same quarter in the previous year, the firm earned $0.92 EPS. TransUnion’s revenue was up 7.3% on a year-over-year basis. On average, equities analysts forecast that TransUnion will post 3.99 earnings per share for the current fiscal year.

TransUnion Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 6th. Investors of record on Thursday, May 22nd were paid a dividend of $0.115 per share. The ex-dividend date of this dividend was Thursday, May 22nd. This represents a $0.46 dividend on an annualized basis and a dividend yield of 0.49%. TransUnion’s dividend payout ratio (DPR) is presently 24.47%.

Analysts Set New Price Targets

A number of brokerages have recently commented on TRU. Bank of America assumed coverage on shares of TransUnion in a research report on Thursday, April 10th. They issued an “underperform” rating and a $84.00 price objective on the stock. BMO Capital Markets upgraded TransUnion to a “strong-buy” rating in a research report on Thursday, July 10th. Wall Street Zen raised TransUnion from a “hold” rating to a “buy” rating in a report on Saturday, July 5th. Stifel Nicolaus reduced their target price on TransUnion from $120.00 to $112.00 and set a “buy” rating on the stock in a report on Friday, April 25th. Finally, Wells Fargo & Company reduced their price objective on TransUnion from $130.00 to $117.00 and set an “overweight” rating on the stock in a research note on Monday, April 14th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating, ten have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $110.64.

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.