MYDA Advisors LLC bought a new stake in TransUnion (NYSE:TRU – Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 13,000 shares of the business services provider’s stock, valued at approximately $1,115,000.
A number of other institutional investors also recently made changes to their positions in TRU. Global Retirement Partners LLC increased its holdings in shares of TransUnion by 26.1% in the 4th quarter. Global Retirement Partners LLC now owns 690 shares of the business services provider’s stock valued at $59,000 after acquiring an additional 143 shares during the last quarter. CIBC Asset Management Inc increased its holdings in shares of TransUnion by 2.2% in the 4th quarter. CIBC Asset Management Inc now owns 8,560 shares of the business services provider’s stock valued at $734,000 after acquiring an additional 182 shares during the last quarter. Parallel Advisors LLC increased its holdings in shares of TransUnion by 29.5% in the 4th quarter. Parallel Advisors LLC now owns 829 shares of the business services provider’s stock valued at $71,000 after acquiring an additional 189 shares during the last quarter. EverSource Wealth Advisors LLC increased its holdings in shares of TransUnion by 59.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 528 shares of the business services provider’s stock valued at $46,000 after acquiring an additional 197 shares during the last quarter. Finally, Private Trust Co. NA increased its holdings in shares of TransUnion by 38.8% in the 4th quarter. Private Trust Co. NA now owns 723 shares of the business services provider’s stock valued at $62,000 after acquiring an additional 202 shares during the last quarter.
TransUnion Price Performance
Shares of TRU opened at $66.24 on Monday. The company has a market cap of $12.77 billion, a P/E ratio of 18.35, a PEG ratio of 1.17 and a beta of 1.56. The stock has a fifty day moving average price of $70.71 and a 200 day moving average price of $76.17. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.93 and a quick ratio of 1.93. TransUnion has a 12 month low of $64.51 and a 12 month high of $99.39.
TransUnion Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 11th. Investors of record on Wednesday, May 27th were paid a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date was Wednesday, May 27th. TransUnion’s dividend payout ratio is presently 13.85%.
Insider Buying and Selling
In other TransUnion news, insider Todd C. Skinner sold 1,000 shares of the business’s stock in a transaction on Monday, June 1st. The stock was sold at an average price of $70.73, for a total transaction of $70,730.00. Following the completion of the transaction, the insider owned 65,634 shares in the company, valued at approximately $4,642,292.82. The trade was a 1.50% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Steven M. Chaouki sold 5,000 shares of the business’s stock in a transaction on Thursday, April 2nd. The stock was sold at an average price of $70.00, for a total value of $350,000.00. Following the transaction, the insider owned 89,711 shares of the company’s stock, valued at $6,279,770. This trade represents a 5.28% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 25,666 shares of company stock worth $1,843,542 in the last three months. 0.37% of the stock is owned by insiders.
Analyst Ratings Changes
A number of brokerages have recently weighed in on TRU. JPMorgan Chase & Co. lowered their price target on TransUnion from $95.00 to $90.00 and set an “overweight” rating for the company in a report on Wednesday, April 29th. Wall Street Zen downgraded TransUnion from a “buy” rating to a “hold” rating in a report on Saturday, April 18th. Bank of America lowered their price target on TransUnion from $83.00 to $80.00 and set a “neutral” rating for the company in a report on Tuesday, May 19th. Morgan Stanley lowered their price target on TransUnion from $105.00 to $100.00 and set an “overweight” rating for the company in a report on Wednesday, March 11th. Finally, Mizuho began coverage on TransUnion in a report on Thursday, April 16th. They issued a “neutral” rating and a $80.00 price target for the company. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $91.27.
Get Our Latest Stock Report on TransUnion
About TransUnion
TransUnion is a global information and insights company that helps businesses and consumers make critical decisions using data and analytics. As one of the three major credit bureaus in the United States, TransUnion collects and aggregates credit information on individuals and businesses, providing credit reports, risk scores and portfolio management tools to financial institutions, lenders, landlords and other decision makers. Its consumer-facing products enable individuals to monitor credit status, detect identity theft and access personalized financial insights.
The company’s offerings span credit risk assessment, identity management, fraud prevention and marketing solutions.
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