Cubist Systematic Strategies LLC cut its holdings in shares of TransUnion (NYSE:TRU) by 75.2% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 12,173 shares of the business services provider’s stock after selling 36,976 shares during the quarter. Cubist Systematic Strategies LLC’s holdings in TransUnion were worth $691,000 as of its most recent SEC filing.
Other hedge funds have also bought and sold shares of the company. Baird Financial Group Inc. acquired a new position in shares of TransUnion during the 4th quarter worth approximately $204,000. Keybank National Association OH acquired a new position in shares of TransUnion during the 4th quarter worth approximately $205,000. American International Group Inc. acquired a new position in shares of TransUnion during the 4th quarter worth approximately $205,000. Flinton Capital Management LLC acquired a new position in shares of TransUnion during the 4th quarter worth approximately $209,000. Finally, Roundview Capital LLC acquired a new position in shares of TransUnion during the 1st quarter worth approximately $223,000. 98.09% of the stock is currently owned by institutional investors and hedge funds.
NYSE:TRU opened at $70.86 on Tuesday. The firm has a market cap of $13.16 billion, a PE ratio of 41.44, a P/E/G ratio of 3.23 and a beta of 0.73. The company has a quick ratio of 1.61, a current ratio of 1.61 and a debt-to-equity ratio of 1.21. TransUnion has a fifty-two week low of $41.07 and a fifty-two week high of $73.22.
TransUnion (NYSE:TRU) last released its earnings results on Friday, April 20th. The business services provider reported $0.53 earnings per share for the quarter, beating analysts’ consensus estimates of $0.46 by $0.07. The firm had revenue of $537.40 million during the quarter, compared to the consensus estimate of $507.68 million. TransUnion had a return on equity of 20.95% and a net margin of 22.41%. The company’s revenue was up 18.1% compared to the same quarter last year. During the same period in the prior year, the company posted $0.42 EPS. research analysts expect that TransUnion will post 2.22 earnings per share for the current year.
The business also recently announced a special dividend, which was paid on Thursday, June 7th. Stockholders of record on Wednesday, May 23rd were given a dividend of $0.075 per share. The ex-dividend date was Tuesday, May 22nd. TransUnion’s payout ratio is 17.54%.
In other news, insider James M. Peck sold 209,500 shares of the company’s stock in a transaction on Friday, April 27th. The stock was sold at an average price of $64.64, for a total transaction of $13,542,080.00. Following the completion of the sale, the insider now directly owns 467,127 shares in the company, valued at approximately $30,195,089.28. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CFO Todd M. Cello sold 619 shares of the company’s stock in a transaction on Thursday, June 7th. The shares were sold at an average price of $71.26, for a total value of $44,109.94. Following the sale, the chief financial officer now owns 28,907 shares of the company’s stock, valued at $2,059,912.82. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 314,731 shares of company stock valued at $20,913,898. Corporate insiders own 2.10% of the company’s stock.
A number of research analysts recently weighed in on TRU shares. ValuEngine raised TransUnion from a “hold” rating to a “buy” rating in a report on Monday, April 2nd. Zacks Investment Research downgraded TransUnion from a “buy” rating to a “hold” rating in a research note on Tuesday, April 17th. Stifel Nicolaus boosted their price target on TransUnion from $62.00 to $74.00 and gave the company a “buy” rating in a research note on Monday, April 23rd. Morgan Stanley boosted their price target on TransUnion from $57.00 to $62.00 and gave the company a “hold” rating in a research note on Monday, April 23rd. Finally, Wells Fargo & Co set a $65.00 price target on TransUnion and gave the company a “hold” rating in a research note on Monday, April 23rd. Three analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of $66.64.
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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