TransUnion (NYSE:TRU) Shares Bought by Dundas Partners LLP

Dundas Partners LLP raised its position in TransUnion (NYSE:TRU) by 18.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,558 shares of the business services provider’s stock after purchasing an additional 1,020 shares during the period. Dundas Partners LLP’s holdings in TransUnion were worth $608,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Huntington National Bank increased its holdings in TransUnion by 84.5% in the third quarter. Huntington National Bank now owns 286 shares of the business services provider’s stock valued at $30,000 after buying an additional 131 shares during the last quarter. Versant Capital Management Inc boosted its position in shares of TransUnion by 82.1% during the 4th quarter. Versant Capital Management Inc now owns 428 shares of the business services provider’s stock worth $40,000 after acquiring an additional 193 shares in the last quarter. Retirement Wealth Solutions LLC purchased a new position in shares of TransUnion in the 4th quarter valued at about $44,000. True Wealth Design LLC raised its position in shares of TransUnion by 4,590.0% during the 3rd quarter. True Wealth Design LLC now owns 469 shares of the business services provider’s stock worth $49,000 after acquiring an additional 459 shares in the last quarter. Finally, Proficio Capital Partners LLC purchased a new stake in TransUnion during the fourth quarter worth approximately $49,000.

Insider Buying and Selling

In other TransUnion news, insider Steven M. Chaouki sold 1,000 shares of the firm’s stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $93.60, for a total value of $93,600.00. Following the sale, the insider now directly owns 59,488 shares in the company, valued at approximately $5,568,076.80. This trade represents a 1.65 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Venkat Achanta sold 1,821 shares of the firm’s stock in a transaction on Wednesday, February 26th. The shares were sold at an average price of $95.74, for a total value of $174,342.54. Following the transaction, the executive vice president now directly owns 105,443 shares in the company, valued at $10,095,112.82. This trade represents a 1.70 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 4,021 shares of company stock worth $383,041 over the last ninety days. 0.22% of the stock is owned by insiders.

Analyst Ratings Changes

TRU has been the topic of several recent analyst reports. Jefferies Financial Group dropped their price target on shares of TransUnion from $125.00 to $115.00 and set a “buy” rating on the stock in a research note on Wednesday, January 15th. William Blair reaffirmed an “outperform” rating on shares of TransUnion in a research report on Friday, February 14th. Oppenheimer reduced their price target on shares of TransUnion from $115.00 to $112.00 and set an “outperform” rating for the company in a research report on Tuesday, January 7th. Needham & Company LLC restated a “hold” rating on shares of TransUnion in a research note on Friday, February 14th. Finally, Morgan Stanley cut their target price on TransUnion from $130.00 to $127.00 and set an “overweight” rating on the stock in a research report on Tuesday, January 28th. Five equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $111.64.

TransUnion Trading Down 1.1 %

NYSE:TRU opened at $86.37 on Friday. The business’s 50-day moving average is $93.97 and its two-hundred day moving average is $98.33. The firm has a market capitalization of $16.85 billion, a PE ratio of 59.15, a price-to-earnings-growth ratio of 1.18 and a beta of 1.70. TransUnion has a 12 month low of $66.07 and a 12 month high of $113.17. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.70 and a quick ratio of 1.70.

TransUnion (NYSE:TRU) last released its quarterly earnings results on Thursday, February 13th. The business services provider reported $0.83 EPS for the quarter, missing the consensus estimate of $0.97 by ($0.14). TransUnion had a return on equity of 15.85% and a net margin of 6.80%. The business had revenue of $1.04 billion during the quarter, compared to analyst estimates of $1.03 billion. Research analysts predict that TransUnion will post 3.99 earnings per share for the current fiscal year.

TransUnion declared that its Board of Directors has authorized a share buyback program on Thursday, February 13th that authorizes the company to repurchase $500.00 million in outstanding shares. This repurchase authorization authorizes the business services provider to buy up to 2.6% of its shares through open market purchases. Shares repurchase programs are generally a sign that the company’s management believes its stock is undervalued.

TransUnion Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Thursday, February 27th will be paid a dividend of $0.115 per share. The ex-dividend date of this dividend is Thursday, February 27th. This is a boost from TransUnion’s previous quarterly dividend of $0.11. This represents a $0.46 annualized dividend and a yield of 0.53%. TransUnion’s dividend payout ratio (DPR) is 31.51%.

About TransUnion

TransUnion operates as a global consumer credit reporting agency that provides risk and information solutions. The company operates through U.S. Markets, International, and Consumer Interactive segments. The U.S. Markets segment provides consumer reports, actionable insights, and analytic services to businesses, which uses 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 mitigate fraud risk.