Stanley Laman Group Ltd. Purchases Shares of 3,725 TransUnion (NYSE:TRU)

Stanley Laman Group Ltd. purchased a new stake in TransUnion (NYSE:TRU) during the 2nd quarter, HoldingsChannel.com reports. The institutional investor purchased 3,725 shares of the business services provider’s stock, valued at approximately $274,000.

Other large investors have also bought and sold shares of the company. BlackRock Inc. boosted its stake in shares of TransUnion by 30.9% during the 1st quarter. BlackRock Inc. now owns 13,323,169 shares of the business services provider’s stock worth $890,520,000 after acquiring an additional 3,143,801 shares in the last quarter. Principal Financial Group Inc. boosted its stake in shares of TransUnion by 2.3% during the 1st quarter. Principal Financial Group Inc. now owns 5,656,847 shares of the business services provider’s stock worth $378,104,000 after acquiring an additional 125,231 shares in the last quarter. William Blair Investment Management LLC boosted its stake in shares of TransUnion by 12.6% during the 1st quarter. William Blair Investment Management LLC now owns 3,167,806 shares of the business services provider’s stock worth $211,736,000 after acquiring an additional 355,272 shares in the last quarter. TimesSquare Capital Management LLC boosted its stake in shares of TransUnion by 13.4% during the 1st quarter. TimesSquare Capital Management LLC now owns 2,811,680 shares of the business services provider’s stock worth $187,933,000 after acquiring an additional 331,180 shares in the last quarter. Finally, Sumitomo Mitsui Trust Holdings Inc. boosted its stake in shares of TransUnion by 43.7% during the 1st quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 1,703,521 shares of the business services provider’s stock worth $113,863,000 after acquiring an additional 517,667 shares in the last quarter.

Several research firms have recently issued reports on TRU. Morgan Stanley increased their target price on shares of TransUnion from $82.00 to $83.00 and gave the stock an “equal weight” rating in a research note on Wednesday, July 24th. SunTrust Banks reissued a “positive” rating and set a $90.00 target price on shares of TransUnion in a research note on Wednesday, July 24th. They noted that the move was a valuation call. Deutsche Bank increased their target price on shares of TransUnion from $75.00 to $78.00 and gave the stock a “buy” rating in a research note on Tuesday, July 2nd. Zacks Investment Research raised shares of TransUnion from a “hold” rating to a “buy” rating and set a $89.00 target price on the stock in a research note on Monday, July 29th. Finally, Atlantic Securities lowered shares of TransUnion from an “overweight” rating to a “neutral” rating in a research note on Tuesday, July 30th. Five research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The company currently has a consensus rating of “Buy” and an average price target of $79.42.

Shares of TRU traded up $1.00 during mid-day trading on Thursday, hitting $80.66. 11,271 shares of the company were exchanged, compared to its average volume of 1,393,477. TransUnion has a 1-year low of $52.15 and a 1-year high of $84.71. The company has a current ratio of 1.51, a quick ratio of 1.51 and a debt-to-equity ratio of 1.82. The firm’s 50 day simple moving average is $78.09. The stock has a market cap of $15.29 billion, a PE ratio of 34.89, a price-to-earnings-growth ratio of 3.30 and a beta of 1.00.

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

The business also recently declared a quarterly dividend, which will be paid on Friday, September 6th. Investors of record on Thursday, August 22nd will be given a dividend of $0.075 per share. The ex-dividend date is Wednesday, August 21st. This represents a $0.30 annualized dividend and a dividend yield of 0.37%. TransUnion’s dividend payout ratio (DPR) is presently 12.99%.

In other TransUnion news, EVP John T. Danaher sold 4,319 shares of the stock in a transaction dated Friday, August 9th. The shares were sold at an average price of $84.00, for a total value of $362,796.00. Following the completion of the sale, the executive vice president now owns 69,492 shares in the company, valued at approximately $5,837,328. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CAO Timothy Elberfeld sold 2,500 shares of the stock in a transaction dated Thursday, July 11th. The shares were sold at an average price of $75.00, for a total transaction of $187,500.00. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 234,215 shares of company stock valued at $19,287,097. Insiders own 0.92% of the company’s stock.

TransUnion Company 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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