William Blair Investment Management LLC Sells 27,336 Shares of TransUnion (NYSE:TRU)

Share on StockTwits

William Blair Investment Management LLC lowered its position in TransUnion (NYSE:TRU) by 0.9% during the 2nd quarter, HoldingsChannel reports. The firm owned 3,140,470 shares of the business services provider’s stock after selling 27,336 shares during the period. TransUnion comprises about 1.0% of William Blair Investment Management LLC’s investment portfolio, making the stock its 18th biggest position. William Blair Investment Management LLC’s holdings in TransUnion were worth $230,856,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP boosted its position in TransUnion by 8.0% during the fourth quarter. Dimensional Fund Advisors LP now owns 600,681 shares of the business services provider’s stock valued at $34,116,000 after buying an additional 44,677 shares during the period. Strs Ohio boosted its holdings in shares of TransUnion by 23.9% during the first quarter. Strs Ohio now owns 2,343 shares of the business services provider’s stock worth $156,000 after purchasing an additional 452 shares during the period. Los Angeles Capital Management & Equity Research Inc. boosted its holdings in shares of TransUnion by 5.2% during the first quarter. Los Angeles Capital Management & Equity Research Inc. now owns 11,830 shares of the business services provider’s stock worth $791,000 after purchasing an additional 590 shares during the period. Daiwa Securities Group Inc. boosted its holdings in shares of TransUnion by 4.4% during the first quarter. Daiwa Securities Group Inc. now owns 7,129 shares of the business services provider’s stock worth $477,000 after purchasing an additional 300 shares during the period. Finally, Mitsubishi UFJ Kokusai Asset Management Co. Ltd. boosted its holdings in shares of TransUnion by 6.7% during the first quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 22,945 shares of the business services provider’s stock worth $1,534,000 after purchasing an additional 1,437 shares during the period.

In other TransUnion news, EVP John T. Danaher sold 4,319 shares of the firm’s stock in a transaction that occurred on Friday, August 9th. The shares were sold at an average price of $84.00, for a total transaction of $362,796.00. Following the completion of the transaction, the executive vice president now owns 69,492 shares of the company’s stock, valued at $5,837,328. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP David E. Wojczynski sold 5,000 shares of the firm’s stock in a transaction that occurred on Monday, August 19th. The shares were sold at an average price of $83.75, for a total transaction of $418,750.00. Following the transaction, the executive vice president now directly owns 29,384 shares of the company’s stock, valued at approximately $2,460,910. The disclosure for this sale can be found here. Over the last three months, insiders sold 254,215 shares of company stock valued at $20,967,347. 0.92% of the stock is owned by insiders.

A number of research firms have recently weighed in on TRU. SunTrust Banks reiterated a “positive” rating and set a $90.00 target price on shares of TransUnion in a report on Wednesday, July 24th. They noted that the move was a valuation call. Zacks Investment Research upgraded shares of TransUnion from a “hold” rating to a “buy” rating and set a $89.00 target price for the company in a report on Monday, July 29th. 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 report on Tuesday, July 2nd. Atlantic Securities lowered shares of TransUnion from an “overweight” rating to a “neutral” rating in a report on Tuesday, July 30th. Finally, Barclays reiterated a “buy” rating and set a $80.00 target price on shares of TransUnion in a report on Sunday, May 5th. Five research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of $79.42.

TRU stock traded up $0.13 during trading on Monday, reaching $83.65. The company had a trading volume of 776,878 shares, compared to its average volume of 887,476. TransUnion has a 52 week low of $52.15 and a 52 week high of $85.24. The company has a market cap of $15.69 billion, a P/E ratio of 36.21, a PEG ratio of 3.39 and a beta of 1.00. The business has a 50 day moving average of $81.01 and a 200 day moving average of $70.98. The company has a debt-to-equity ratio of 1.82, a current ratio of 1.51 and a quick ratio of 1.51.

TransUnion (NYSE:TRU) last released its quarterly earnings results on Tuesday, July 23rd. The business services provider reported $0.66 earnings per share (EPS) for the quarter, topping the Zacks’ 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 company had revenue of $661.90 million during the quarter, compared to the consensus estimate of $644.73 million. During the same period in the prior year, the firm earned $0.62 earnings per share. TransUnion’s revenue was up 17.5% on a year-over-year basis. Research analysts expect that TransUnion will post 2.47 earnings per share 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 paid a $0.075 dividend. This represents a $0.30 dividend on an annualized basis and a yield of 0.36%. The ex-dividend date of this dividend is Wednesday, August 21st. TransUnion’s payout ratio is currently 12.99%.

About TransUnion

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.

Featured Story: What is the return on assets (ROA) ratio?

Want to see what other hedge funds are holding TRU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for TransUnion (NYSE:TRU).

Institutional Ownership by Quarter for TransUnion (NYSE:TRU)

Receive News & Ratings for TransUnion Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TransUnion and related companies with MarketBeat.com's FREE daily email newsletter.