TransUnion (TRU) Shares Bought by Northern Trust Corp
Northern Trust Corp boosted its position in TransUnion (NYSE:TRU) by 7.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,129,397 shares of the business services provider’s stock after acquiring an additional 74,997 shares during the period. Northern Trust Corp’s holdings in TransUnion were worth $64,150,000 as of its most recent SEC filing.
A number of other large investors have also recently made changes to their positions in the business. Investec Asset Management LTD raised its stake in shares of TransUnion by 51.5% in the fourth quarter. Investec Asset Management LTD now owns 3,418,486 shares of the business services provider’s stock worth $194,170,000 after purchasing an additional 1,161,718 shares during the last quarter. BlackRock Inc. grew its holdings in TransUnion by 12.6% during the third quarter. BlackRock Inc. now owns 10,100,257 shares of the business services provider’s stock valued at $743,177,000 after purchasing an additional 1,133,283 shares during the period. Legal & General Group Plc grew its holdings in TransUnion by 195.2% during the third quarter. Legal & General Group Plc now owns 722,932 shares of the business services provider’s stock valued at $53,193,000 after purchasing an additional 478,001 shares during the period. The Manufacturers Life Insurance Company boosted its holdings in shares of TransUnion by 57.5% in the third quarter. The Manufacturers Life Insurance Company now owns 1,262,013 shares of the business services provider’s stock worth $92,859,000 after acquiring an additional 460,859 shares during the period. Finally, Capital Research Global Investors bought a new position in shares of TransUnion in the third quarter worth $29,432,000.
In related news, EVP David E. Wojczynski sold 9,000 shares of the business’s stock in a transaction dated Wednesday, March 13th. The shares were sold at an average price of $65.94, for a total transaction of $593,460.00. Following the transaction, the executive vice president now directly owns 43,384 shares in the company, valued at $2,860,740.96. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP John T. Danaher sold 45,264 shares of the business’s stock in a transaction dated Wednesday, March 6th. The shares were sold at an average price of $64.36, for a total transaction of $2,913,191.04. Following the completion of the transaction, the executive vice president now owns 110,437 shares in the company, valued at $7,107,725.32. The disclosure for this sale can be found here. Insiders have sold 213,041 shares of company stock valued at $13,777,553 in the last three months. Corporate insiders own 1.18% of the company’s stock.
NYSE TRU opened at $65.13 on Friday. The company has a market cap of $12.11 billion, a PE ratio of 28.19, a price-to-earnings-growth ratio of 3.53 and a beta of 0.95. TransUnion has a 52-week low of $52.15 and a 52-week high of $79.48. The company has a debt-to-equity ratio of 2.01, a quick ratio of 1.53 and a current ratio of 1.53.
TransUnion (NYSE:TRU) last posted its quarterly earnings data on Thursday, February 14th. The business services provider reported $0.66 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.57 by $0.09. TransUnion had a net margin of 11.93% and a return on equity of 22.59%. The business had revenue of $624.00 million during the quarter, compared to the consensus estimate of $622.98 million. During the same period in the previous year, the firm posted $0.50 earnings per share. The business’s revenue for the quarter was up 23.3% compared to the same quarter last year. On average, equities analysts predict that TransUnion will post 2.35 earnings per share for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 22nd. Shareholders of record on Thursday, March 7th will be issued a $0.075 dividend. The ex-dividend date of this dividend is Wednesday, March 6th. This represents a $0.30 dividend on an annualized basis and a yield of 0.46%. TransUnion’s payout ratio is 12.99%.
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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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