Elo Mutual Pension Insurance Co Sells 3,180 Shares of TransUnion (NYSE:TRU)

Elo Mutual Pension Insurance Co trimmed its stake in TransUnion (NYSE:TRU) by 18.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 14,070 shares of the business services provider’s stock after selling 3,180 shares during the period. Elo Mutual Pension Insurance Co’s holdings in TransUnion were worth $1,304,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Versant Capital Management Inc lifted its position in TransUnion by 82.1% in the fourth quarter. Versant Capital Management Inc now owns 428 shares of the business services provider’s stock worth $40,000 after buying an additional 193 shares during the last quarter. Retirement Wealth Solutions LLC purchased a new stake in shares of TransUnion in the fourth quarter valued at $44,000. True Wealth Design LLC lifted its holdings in shares of TransUnion by 4,590.0% in 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 during the last quarter. Proficio Capital Partners LLC purchased a new position in shares of TransUnion during the 4th quarter worth about $49,000. Finally, Kestra Investment Management LLC bought a new position in TransUnion during the 4th quarter valued at about $51,000.

TransUnion Price Performance

Shares of TRU stock opened at $82.27 on Monday. The company has a market cap of $16.05 billion, a P/E ratio of 56.35, a PEG ratio of 1.18 and a beta of 1.70. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.70 and a quick ratio of 1.70. The stock’s 50-day moving average is $91.72 and its 200 day moving average is $97.14. TransUnion has a 1-year low of $66.07 and a 1-year high of $113.17.

TransUnion (NYSE:TRU) last issued its quarterly earnings data on Thursday, February 13th. The business services provider reported $0.83 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.97 by ($0.14). TransUnion had a return on equity of 15.85% and a net margin of 6.80%. The firm had revenue of $1.04 billion during the quarter, compared to analysts’ expectations 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 repurchase plan on Thursday, February 13th that permits the company to repurchase $500.00 million in outstanding shares. This repurchase authorization permits the business services provider to repurchase up to 2.6% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company’s board believes its shares are undervalued.

TransUnion Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Thursday, February 27th were issued a dividend of $0.115 per share. This represents a $0.46 annualized dividend and a dividend yield of 0.56%. The ex-dividend date of this dividend was Thursday, February 27th. This is a positive change from TransUnion’s previous quarterly dividend of $0.11. TransUnion’s dividend payout ratio is currently 31.51%.

Insider Transactions at TransUnion

In related news, EVP Venkat Achanta sold 1,821 shares of TransUnion stock in a transaction that occurred 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 completion of the sale, 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Steven M. Chaouki sold 1,000 shares of the company’s stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $95.95, for a total transaction of $95,950.00. Following the transaction, the insider now owns 58,488 shares in the company, valued at $5,611,923.60. The trade was a 1.68 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 4,021 shares of company stock valued at $383,041 in the last quarter. 0.22% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several analysts have issued reports on the stock. UBS Group raised their price objective on shares of TransUnion from $102.00 to $104.00 and gave the stock a “neutral” rating in a research note on Monday, February 3rd. Needham & Company LLC reaffirmed a “hold” rating on shares of TransUnion in a research report on Friday, February 14th. Oppenheimer decreased their target price on TransUnion from $115.00 to $112.00 and set an “outperform” rating for the company in a research report on Tuesday, January 7th. Morgan Stanley reduced their price target on shares of TransUnion from $130.00 to $127.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 28th. Finally, Wells Fargo & Company lowered their price objective on shares of TransUnion from $135.00 to $126.00 and set an “overweight” rating for the company in a research report on Friday, January 10th. Four research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $114.08.

TransUnion Profile

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.