Seeyond Sells 2,038 Shares of TransUnion (NYSE:TRU)

Seeyond cut its holdings in TransUnion (NYSE:TRU) by 18.0% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,311 shares of the business services provider’s stock after selling 2,038 shares during the quarter. Seeyond’s holdings in TransUnion were worth $684,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. Roundview Capital LLC lifted its position in TransUnion by 2.3% in the 2nd quarter. Roundview Capital LLC now owns 6,643 shares of the business services provider’s stock valued at $488,000 after acquiring an additional 150 shares in the last quarter. First Republic Investment Management Inc. raised its stake in TransUnion by 2.4% during the 2nd quarter. First Republic Investment Management Inc. now owns 6,711 shares of the business services provider’s stock valued at $493,000 after buying an additional 159 shares during the last quarter. Sepio Capital LLC raised its stake in TransUnion by 0.6% during the 1st quarter. Sepio Capital LLC now owns 27,666 shares of the business services provider’s stock valued at $1,849,000 after buying an additional 167 shares during the last quarter. Natixis Advisors L.P. raised its stake in TransUnion by 0.3% during the 2nd quarter. Natixis Advisors L.P. now owns 73,380 shares of the business services provider’s stock valued at $5,394,000 after buying an additional 196 shares during the last quarter. Finally, Raymond James & Associates raised its stake in TransUnion by 0.7% during the 1st quarter. Raymond James & Associates now owns 29,083 shares of the business services provider’s stock valued at $1,944,000 after buying an additional 200 shares during the last quarter.

Shares of NYSE:TRU traded down $0.79 during midday trading on Friday, hitting $79.68. The company had a trading volume of 22,343 shares, compared to its average volume of 836,020. The company has a debt-to-equity ratio of 1.82, a current ratio of 1.51 and a quick ratio of 1.51. The company has a market cap of $15.14 billion, a price-to-earnings ratio of 34.79, a PEG ratio of 3.27 and a beta of 1.00. TransUnion has a 12-month low of $52.15 and a 12-month high of $85.50. The company has a fifty day moving average of $82.80 and a two-hundred day moving average of $72.20.

TransUnion (NYSE:TRU) last posted its quarterly earnings data on Tuesday, July 23rd. The business services provider reported $0.66 EPS for the quarter, topping the consensus estimate of $0.58 by $0.08. The firm had revenue of $661.90 million during the quarter, compared to analyst estimates of $644.73 million. TransUnion had a return on equity of 22.94% and a net margin of 12.84%. TransUnion’s revenue was up 17.5% on a year-over-year basis. During the same period in the prior year, the business posted $0.62 EPS. Research analysts expect that TransUnion will post 2.47 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 6th. Stockholders of record on Thursday, August 22nd were paid a $0.075 dividend. The ex-dividend date was Wednesday, August 21st. This represents a $0.30 annualized dividend and a dividend yield of 0.38%. TransUnion’s dividend payout ratio (DPR) is 12.99%.

A number of brokerages have weighed in on TRU. Deutsche Bank boosted their target price on shares of TransUnion from $75.00 to $78.00 and gave the company a “buy” rating in a research note on Tuesday, July 2nd. JPMorgan Chase & Co. boosted their target price on shares of TransUnion from $78.00 to $92.00 and gave the company an “overweight” rating in a research note on Wednesday, July 24th. Zacks Investment Research upgraded shares of TransUnion from a “hold” rating to a “buy” rating and set a $89.00 target price for the company in a research note on Monday, July 29th. Morgan Stanley boosted their target price on shares of TransUnion from $82.00 to $83.00 and gave the company an “equal weight” rating in a research note on Wednesday, July 24th. Finally, ValuEngine upgraded shares of TransUnion from a “hold” rating to a “buy” rating in a research note on Tuesday, June 11th. Five research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of $79.42.

In other news, Director James M. Peck sold 103,331 shares of the company’s stock in a transaction on Friday, July 26th. The stock was sold at an average price of $84.10, for a total value of $8,690,137.10. Following the completion of the sale, the director now directly owns 245,345 shares in the company, valued at approximately $20,633,514.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Timothy Elberfeld sold 2,500 shares of the company’s stock in a transaction on Thursday, July 11th. The stock was sold at an average price of $75.00, for a total value of $187,500.00. The disclosure for this sale can be found here. Insiders sold a total of 244,204 shares of company stock valued at $20,255,965 over the last 90 days. 0.92% of the stock is currently owned by company insiders.

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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