Mitsubishi UFJ Kokusai Asset Management Co. Ltd. Boosts Position in TransUnion (TRU)

Mitsubishi UFJ Kokusai Asset Management Co. Ltd. lifted its position in TransUnion (NYSE:TRU) by 6.7% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 22,945 shares of the business services provider’s stock after purchasing an additional 1,437 shares during the quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd.’s holdings in TransUnion were worth $1,534,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Lunia Capital LP lifted its position in TransUnion by 7,134.4% during the fourth quarter. Lunia Capital LP now owns 16,708,913 shares of the business services provider’s stock worth $16,709,000 after buying an additional 16,477,948 shares in the last quarter. Vanguard Group Inc lifted its position in TransUnion by 0.7% during the third quarter. Vanguard Group Inc now owns 15,801,372 shares of the business services provider’s stock worth $1,162,665,000 after buying an additional 116,055 shares in the last quarter. BlackRock Inc. lifted its position in TransUnion by 0.8% during the fourth quarter. BlackRock Inc. now owns 10,179,368 shares of the business services provider’s stock worth $578,186,000 after buying an additional 79,111 shares in the last quarter. Atlanta Capital Management Co. L L C lifted its position in TransUnion by 7.4% during the fourth quarter. Atlanta Capital Management Co. L L C now owns 8,796,609 shares of the business services provider’s stock worth $499,647,000 after buying an additional 606,359 shares in the last quarter. Finally, Principal Financial Group Inc. lifted its position in TransUnion by 0.4% during the fourth quarter. Principal Financial Group Inc. now owns 5,531,616 shares of the business services provider’s stock worth $314,196,000 after buying an additional 22,053 shares in the last quarter.

TRU has been the topic of a number of research analyst reports. Zacks Investment Research downgraded TransUnion from a “buy” rating to a “hold” rating in a research report on Tuesday, May 14th. ValuEngine downgraded TransUnion from a “buy” rating to a “hold” rating in a research report on Monday, May 13th. Deutsche Bank lifted their target price on TransUnion from $69.00 to $75.00 and gave the company a “buy” rating in a research report on Wednesday, April 17th. Exane BNP Paribas initiated coverage on TransUnion in a research report on Friday, March 15th. They issued a “neutral” rating and a $66.00 target price on the stock. Finally, BNP Paribas initiated coverage on TransUnion in a research report on Friday, March 15th. They issued a “neutral” rating and a $66.00 target price on the stock. Six research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of $75.27.

TRU traded down $0.65 on Wednesday, hitting $65.43. 901,611 shares of the company were exchanged, compared to its average volume of 1,287,712. TransUnion has a twelve month low of $52.15 and a twelve month high of $79.48. The stock has a market capitalization of $12.24 billion, a price-to-earnings ratio of 28.32, a PEG ratio of 3.95 and a beta of 0.94. The company has a debt-to-equity ratio of 1.90, a current ratio of 1.64 and a quick ratio of 1.64.

TransUnion (NYSE:TRU) last released its earnings results on Tuesday, April 23rd. The business services provider reported $0.60 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.53 by $0.07. TransUnion had a return on equity of 22.63% and a net margin of 11.43%. The firm had revenue of $623.50 million during the quarter, compared to analysts’ expectations of $618.38 million. During the same period in the previous year, the firm posted $0.57 EPS. TransUnion’s revenue for the quarter was up 16.0% on a year-over-year basis. On average, research analysts anticipate that TransUnion will post 2.39 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Friday, June 7th. Investors of record on Thursday, May 23rd will be paid a dividend of $0.075 per share. The ex-dividend date is Wednesday, May 22nd. This represents a $0.30 annualized dividend and a yield of 0.46%. TransUnion’s payout ratio is 12.99%.

In other news, CAO Timothy Elberfeld sold 1,000 shares of the company’s stock in a transaction dated Friday, April 12th. The stock was sold at an average price of $70.00, for a total transaction of $70,000.00. Following the completion of the transaction, the chief accounting officer now directly owns 13,062 shares of the company’s stock, valued at approximately $914,340. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP John T. Danaher sold 45,264 shares of the company’s stock in a transaction dated Wednesday, March 6th. The stock was sold at an average price of $64.36, for a total value of $2,913,191.04. Following the transaction, the executive vice president now directly owns 110,437 shares of the company’s stock, valued at $7,107,725.32. The disclosure for this sale can be found here. Insiders have sold a total of 376,184 shares of company stock valued at $24,893,678 over the last three months. 0.92% of the stock is currently owned by insiders.

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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.

Further Reading: What is the Producer Price Index (PPI)?

Institutional Ownership by Quarter for TransUnion (NYSE:TRU)

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