BNP Paribas Financial Markets Buys 40,893 Shares of TransUnion (NYSE:TRU)

BNP Paribas Financial Markets Buys 40,893 Shares of TransUnion (NYSE:TRU)


BNP Paribas Financial Markets grew its position in shares of TransUnion (NYSE:TRU – Free Report) by 69.4% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 99,829 shares of the business services provider’s stock after purchasing an additional 40,893 shares during the quarter. BNP Paribas Financial Markets’ holdings in TransUnion were worth $6,859,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Teacher Retirement System of Texas increased its position in shares of TransUnion by 2.5% during the third quarter. Teacher Retirement System of Texas now owns 14,969 shares of the business services provider’s stock worth $1,075,000 after buying an additional 364 shares during the period. Gilbert & Cook Inc. grew its holdings in TransUnion by 10.3% during the 3rd quarter. Gilbert & Cook Inc. now owns 3,059 shares of the business services provider’s stock worth $220,000 after acquiring an additional 285 shares during the period. California Public Employees Retirement System raised its position in shares of TransUnion by 1.4% in the 3rd quarter. California Public Employees Retirement System now owns 292,262 shares of the business services provider’s stock worth $20,981,000 after acquiring an additional 4,033 shares in the last quarter. Tokio Marine Asset Management Co. Ltd. raised its position in shares of TransUnion by 7.8% in the 3rd quarter. Tokio Marine Asset Management Co. Ltd. now owns 5,675 shares of the business services provider’s stock worth $407,000 after acquiring an additional 410 shares in the last quarter. Finally, Nomura Asset Management Co. Ltd. lifted its stake in shares of TransUnion by 22.5% in the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 101,336 shares of the business services provider’s stock valued at $7,275,000 after purchasing an additional 18,602 shares during the period.

Insider Activity

In other TransUnion news, insider Steven M. Chaouki sold 1,775 shares of the business’s stock in a transaction on Monday, April 1st. The stock was sold at an average price of $81.30, for a total value of $144,307.50. Following the transaction, the insider now owns 75,099 shares of the company’s stock, valued at $6,105,548.70. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In related news, insider Steven M. Chaouki sold 1,775 shares of the business’s stock in a transaction dated Monday, April 1st. The shares were sold at an average price of $81.30, for a total value of $144,307.50. Following the transaction, the insider now directly owns 75,099 shares of the company’s stock, valued at approximately $6,105,548.70. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Richard Dane Mauldin sold 1,500 shares of the stock in a transaction dated Thursday, March 14th. The shares were sold at an average price of $78.10, for a total transaction of $117,150.00. Following the transaction, the executive vice president now owns 22,033 shares of the company’s stock, valued at approximately $1,720,777.30. The disclosure for this sale can be found here. Insiders sold a total of 15,275 shares of company stock valued at $1,204,538 over the last three months. Corporate insiders own 0.22% of the company’s stock.

TransUnion Stock Down 1.4 %

TRU stock opened at $77.72 on Friday. The stock’s 50 day moving average is $76.39 and its 200-day moving average is $69.89. TransUnion has a twelve month low of $42.09 and a twelve month high of $82.75. The firm has a market capitalization of $15.09 billion, a PE ratio of -54.35, a P/E/G ratio of 1.15 and a beta of 1.61. The company has a quick ratio of 1.65, a current ratio of 1.65 and a debt-to-equity ratio of 1.26.

TransUnion (NYSE:TRU – Get Free Report) last posted its quarterly earnings data on Thursday, April 25th. The business services provider reported $0.83 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.71 by $0.12. TransUnion had a negative net margin of 7.02% and a positive return on equity of 14.26%. The firm had revenue of $1.02 billion for the quarter, compared to the consensus estimate of $977.62 million. Sell-side analysts expect that TransUnion will post 3.31 EPS for the current fiscal year.

TransUnion Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 3rd. Stockholders of record on Friday, May 17th will be paid a $0.105 dividend. The ex-dividend date of this dividend is Thursday, May 16th. This represents a $0.42 dividend on an annualized basis and a dividend yield of 0.54%. TransUnion’s payout ratio is presently -29.37%.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on TRU shares. Bank of America upgraded TransUnion from an “underperform” rating to a “neutral” rating and lifted their target price for the stock from $65.00 to $90.00 in a report on Monday, April 1st. Evercore ISI lifted their price objective on shares of TransUnion from $70.00 to $80.00 and gave the company an “in-line” rating in a research note on Tuesday, March 26th. Barclays increased their target price on shares of TransUnion from $55.00 to $75.00 and gave the stock an “equal weight” rating in a research note on Wednesday, February 14th. Wells Fargo & Company lifted their price target on shares of TransUnion from $80.00 to $85.00 and gave the company an “overweight” rating in a research note on Wednesday, February 14th. Finally, Robert W. Baird increased their price objective on shares of TransUnion from $87.00 to $94.00 and gave the stock an “outperform” rating in a research report on Friday, April 26th. Six investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. According to MarketBeat.com, TransUnion presently has a consensus rating of “Moderate Buy” and an average price target of $83.60.

Get Our Latest Analysis on TRU

TransUnion Profile

(Free Report)

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.

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Institutional Ownership by Quarter for TransUnion (NYSE:TRU)



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