WINTON GROUP Ltd Lowers Stake in TransUnion (TRU)
WINTON GROUP Ltd cut its holdings in TransUnion (NYSE:TRU) by 11.6% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 18,346 shares of the business services provider’s stock after selling 2,403 shares during the quarter. WINTON GROUP Ltd’s holdings in TransUnion were worth $1,314,000 at the end of the most recent reporting period.
Several other large investors have also made changes to their positions in TRU. Integrated Investment Consultants LLC acquired a new stake in shares of TransUnion in the second quarter valued at $106,000. Massey Quick Simon & CO. LLC acquired a new stake in shares of TransUnion in the second quarter valued at $139,000. Gabelli Funds LLC acquired a new stake in shares of TransUnion in the second quarter valued at $215,000. Roundview Capital LLC acquired a new stake in shares of TransUnion in the first quarter valued at $223,000. Finally, IBM Retirement Fund acquired a new stake in shares of TransUnion in the first quarter valued at $225,000. Institutional investors own 98.22% of the company’s stock.
Shares of TRU stock opened at $73.50 on Wednesday. The company has a debt-to-equity ratio of 2.13, a current ratio of 1.59 and a quick ratio of 1.59. The stock has a market capitalization of $13.73 billion, a P/E ratio of 42.98, a PEG ratio of 3.34 and a beta of 0.69. TransUnion has a 12 month low of $44.91 and a 12 month high of $79.48.
The business also recently announced a quarterly dividend, which was paid on Thursday, September 6th. Shareholders of record on Wednesday, August 22nd were issued a dividend of $0.075 per share. This represents a $0.30 dividend on an annualized basis and a yield of 0.41%. The ex-dividend date of this dividend was Tuesday, August 21st. TransUnion’s dividend payout ratio (DPR) is currently 17.54%.
In other TransUnion news, EVP John T. Danaher sold 4,318 shares of the firm’s stock in a transaction dated Monday, August 6th. The stock was sold at an average price of $73.76, for a total transaction of $318,495.68. Following the transaction, the executive vice president now owns 49,491 shares in the company, valued at $3,650,456.16. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, EVP Gerald M. Mccarthy, Jr. sold 62,752 shares of the firm’s stock in a transaction dated Monday, July 30th. The stock was sold at an average price of $70.61, for a total value of $4,430,918.72. Following the transaction, the executive vice president now owns 99,390 shares in the company, valued at approximately $7,017,927.90. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 200,410 shares of company stock worth $14,317,418. Company insiders own 1.18% of the company’s stock.
A number of analysts recently commented on TRU shares. Zacks Investment Research lowered TransUnion from a “buy” rating to a “hold” rating in a research report on Friday, July 27th. Wells Fargo & Co lifted their price objective on TransUnion from $65.00 to $75.00 and gave the stock a “market perform” rating in a research report on Wednesday, July 25th. Atlantic Securities lowered TransUnion from an “overweight” rating to a “neutral” rating and lifted their price objective for the stock from $77.00 to $82.00 in a research report on Wednesday, July 25th. They noted that the move was a valuation call. Morgan Stanley lifted their price objective on TransUnion from $66.00 to $71.00 and gave the stock an “equal weight” rating in a research report on Wednesday, July 25th. Finally, Stifel Nicolaus lifted their price objective on TransUnion from $74.00 to $81.00 and gave the stock a “buy” rating in a research report on Wednesday, July 25th. Four analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and an average price target of $75.07.
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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