APG Asset Management N.V. Sells 3,550,161 Shares of TransUnion (NYSE:TRU)

APG Asset Management N.V. lessened its holdings in shares of TransUnion (NYSE:TRU - Free Report) by 53.2% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 3,119,462 shares of the business services provider's stock after selling 3,550,161 shares during the period. TransUnion makes up approximately 0.8% of APG Asset Management N.V.'s holdings, making the stock its 29th largest position. APG Asset Management N.V. owned 1.60% of TransUnion worth $279,291,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in TRU. Wealth Enhancement Advisory Services LLC increased its holdings in shares of TransUnion by 1.0% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 13,597 shares of the business services provider's stock worth $1,261,000 after purchasing an additional 131 shares during the period. GAMMA Investing LLC increased its stake in TransUnion by 14.4% during the fourth quarter. GAMMA Investing LLC now owns 1,094 shares of the business services provider's stock valued at $101,000 after acquiring an additional 138 shares during the period. Yousif Capital Management LLC raised its holdings in TransUnion by 4.0% in the 4th quarter. Yousif Capital Management LLC now owns 3,608 shares of the business services provider's stock valued at $334,000 after acquiring an additional 139 shares in the last quarter. PNC Financial Services Group Inc. lifted its position in shares of TransUnion by 5.6% in the 4th quarter. PNC Financial Services Group Inc. now owns 2,642 shares of the business services provider's stock worth $245,000 after acquiring an additional 139 shares during the period. Finally, Smartleaf Asset Management LLC grew its holdings in shares of TransUnion by 28.8% during the 4th quarter. Smartleaf Asset Management LLC now owns 733 shares of the business services provider's stock worth $68,000 after purchasing an additional 164 shares in the last quarter.

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TransUnion Price Performance

Shares of NYSE:TRU traded down $0.31 during midday trading on Friday, reaching $72.39. The company's stock had a trading volume of 3,983,806 shares, compared to its average volume of 1,689,696. The business's fifty day simple moving average is $86.71 and its 200-day simple moving average is $95.02. 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 has a fifty-two week low of $66.07 and a fifty-two week high of $113.17. The company has a market capitalization of $14.13 billion, a P/E ratio of 49.58, a P/E/G ratio of 1.18 and a beta of 1.67.

TransUnion (NYSE:TRU - Get Free Report) last issued its quarterly earnings data on Thursday, February 13th. The business services provider reported $0.83 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 company had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $1.03 billion. As a group, equities research analysts expect that TransUnion will post 3.99 EPS for the current fiscal year.

TransUnion declared that its board has initiated a stock 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 repurchase up to 2.6% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's leadership believes its shares are undervalued.

TransUnion Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Thursday, February 27th were given a $0.115 dividend. This represents a $0.46 annualized dividend and a yield of 0.64%. The ex-dividend date was Thursday, February 27th. This is a boost from TransUnion's previous quarterly dividend of $0.11. TransUnion's payout ratio is 31.51%.

Insiders Place Their Bets

In related news, EVP Venkat Achanta sold 1,821 shares of the 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 transaction, the executive vice president now directly owns 105,443 shares in the company, valued at $10,095,112.82. This represents a 1.70 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Steven M. Chaouki sold 1,000 shares of TransUnion stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $95.95, for a total transaction of $95,950.00. Following the sale, the insider now directly owns 58,488 shares of the company's stock, valued at $5,611,923.60. This represents a 1.68 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 4,021 shares of company stock valued at $372,751. 0.22% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

TRU has been the subject of several research reports. Morgan Stanley reduced their target price on TransUnion from $130.00 to $127.00 and set an "overweight" rating for the company in a research report on Tuesday, January 28th. Needham & Company LLC reaffirmed a "hold" rating on shares of TransUnion in a report on Friday, February 14th. Oppenheimer decreased their target price on shares of TransUnion from $115.00 to $112.00 and set an "outperform" rating on the stock in a research report on Tuesday, January 7th. Wells Fargo & Company cut their price target on shares of TransUnion from $135.00 to $126.00 and set an "overweight" rating for the company in a research note on Friday, January 10th. Finally, Barclays decreased their price objective on TransUnion from $105.00 to $85.00 and set an "equal weight" rating on the stock in a report on Friday, April 4th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $111.92.

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.