Aigen Investment Management LP Purchases Shares of 9,283 TransUnion (NYSE:TRU)

Aigen Investment Management LP acquired a new position in shares of TransUnion (NYSE:TRU - Free Report) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 9,283 shares of the business services provider's stock, valued at approximately $861,000.

Other large investors have also modified their holdings of the company. International Assets Investment Management LLC raised its holdings in TransUnion by 10,369.6% in the third quarter. International Assets Investment Management LLC now owns 5,863 shares of the business services provider's stock valued at $614,000 after buying an additional 5,807 shares during the period. First Trust Direct Indexing L.P. purchased a new position in TransUnion in the third quarter valued at approximately $203,000. Harbor Capital Advisors Inc. raised its holdings in TransUnion by 72.8% in the third quarter. Harbor Capital Advisors Inc. now owns 16,946 shares of the business services provider's stock valued at $1,774,000 after buying an additional 7,142 shares during the period. QRG Capital Management Inc. raised its holdings in TransUnion by 3.5% in the third quarter. QRG Capital Management Inc. now owns 9,643 shares of the business services provider's stock valued at $1,010,000 after buying an additional 325 shares during the period. Finally, D.B. Root & Company LLC purchased a new position in TransUnion in the third quarter valued at approximately $449,000.

Insider Activity

In related news, insider Steven M. Chaouki sold 1,000 shares of the company's stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $93.60, for a total value of $93,600.00. Following the completion of the sale, the insider now owns 59,488 shares of the company's stock, valued at $5,568,076.80. This represents a 1.65 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Venkat Achanta sold 1,821 shares of the company's stock in a transaction dated Wednesday, February 26th. The stock was sold at an average price of $95.74, for a total transaction of $174,342.54. Following the completion of the sale, the executive vice president now directly owns 105,443 shares of the company's stock, valued at $10,095,112.82. The trade was a 1.70 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 4,021 shares of company stock valued at $383,041. 0.22% of the stock is currently owned by company insiders.

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TransUnion Stock Performance

TRU stock traded down $0.94 during trading on Friday, hitting $86.37. 2,367,612 shares of the company's stock traded hands, compared to its average volume of 1,524,803. The company has a quick ratio of 1.70, a current ratio of 1.70 and a debt-to-equity ratio of 1.18. TransUnion has a 52 week low of $66.07 and a 52 week high of $113.17. The stock has a fifty day moving average price of $93.97 and a two-hundred day moving average price of $98.33. The stock has a market capitalization of $16.85 billion, a price-to-earnings ratio of 59.15, a price-to-earnings-growth ratio of 1.18 and a beta of 1.70.

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

TransUnion announced that its board has authorized a stock repurchase program on Thursday, February 13th that authorizes the company to repurchase $500.00 million in shares. This repurchase authorization authorizes the business services provider to reacquire up to 2.6% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company's leadership believes its stock is undervalued.

TransUnion Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Thursday, February 27th will be issued a dividend of $0.115 per share. This is an increase from TransUnion's previous quarterly dividend of $0.11. The ex-dividend date is Thursday, February 27th. This represents a $0.46 annualized dividend and a dividend yield of 0.53%. TransUnion's payout ratio is 31.51%.

Analysts Set New Price Targets

Several research analysts recently commented on the stock. Oppenheimer cut their price target on shares of TransUnion from $115.00 to $112.00 and set an "outperform" rating on the stock in a report on Tuesday, January 7th. Jefferies Financial Group cut their price target on shares of TransUnion from $125.00 to $115.00 and set a "buy" rating on the stock in a report on Wednesday, January 15th. William Blair restated an "outperform" rating on shares of TransUnion in a report on Friday, February 14th. Wells Fargo & Company dropped their price objective on shares of TransUnion from $135.00 to $126.00 and set an "overweight" rating on the stock in a research note on Friday, January 10th. Finally, Needham & Company LLC reiterated a "hold" rating on shares of TransUnion in a research note on Friday, February 14th. Five analysts have rated the stock with a hold rating and ten have given a buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $111.64.

TransUnion Company 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.