Aviva PLC Has $10.86 Million Holdings in TransUnion (NYSE:TRU)

Aviva PLC lifted its holdings in TransUnion (NYSE:TRU - Free Report) by 1,491.7% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 117,104 shares of the business services provider's stock after buying an additional 109,747 shares during the quarter. Aviva PLC owned about 0.06% of TransUnion worth $10,857,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Versant Capital Management Inc lifted its position in shares of TransUnion by 82.1% during the fourth quarter. Versant Capital Management Inc now owns 428 shares of the business services provider's stock worth $40,000 after purchasing an additional 193 shares in the last quarter. Huntington National Bank increased its stake in shares of TransUnion by 58.7% in the 4th quarter. Huntington National Bank now owns 454 shares of the business services provider's stock valued at $42,000 after buying an additional 168 shares during the period. Retirement Wealth Solutions LLC bought a new stake in shares of TransUnion during the fourth quarter worth $44,000. Brown Brothers Harriman & Co. acquired a new position in shares of TransUnion during the fourth quarter valued at $47,000. Finally, Mizuho Bank Ltd. bought a new position in TransUnion in the fourth quarter valued at about $47,000.

TransUnion Stock Up 2.3 %

Shares of TRU traded up $1.66 during mid-day trading on Monday, hitting $74.10. 324,531 shares of the company's stock were exchanged, compared to its average volume of 1,685,435. The company has a 50-day simple moving average of $86.71 and a 200 day simple moving average of $94.95. 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 company has a market cap of $14.46 billion, a PE ratio of 50.75, a P/E/G ratio of 1.18 and a beta of 1.67. TransUnion has a 52 week low of $66.07 and a 52 week high of $113.17.

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TransUnion (NYSE:TRU - Get Free Report) last issued 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 business had revenue of $1.04 billion during the quarter, compared to analyst estimates of $1.03 billion. On average, research analysts forecast that TransUnion will post 3.99 earnings per share for the current fiscal year.

TransUnion announced that its Board of Directors has initiated a stock repurchase plan on Thursday, February 13th that allows the company to buyback $500.00 million in shares. This buyback authorization allows the business services provider to buy up to 2.6% of its shares through open market purchases. Shares buyback plans are generally a sign that the company's board of directors believes its stock is undervalued.

TransUnion Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Thursday, February 27th were given a dividend of $0.115 per share. The ex-dividend date of this dividend was 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 0.62%. TransUnion's dividend payout ratio is 31.51%.

Insiders Place Their Bets

In other TransUnion news, insider Steven M. Chaouki sold 1,000 shares of the company's stock in a transaction on Tuesday, April 1st. The shares were sold at an average price of $83.31, for a total transaction of $83,310.00. Following the sale, the insider now directly owns 77,393 shares of the company's stock, valued at approximately $6,447,610.83. This represents a 1.28 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Venkat Achanta sold 1,821 shares of the stock in a transaction on Wednesday, February 26th. The shares were 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 owns 105,443 shares of the company's stock, valued at approximately $10,095,112.82. This represents a 1.70 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 4,021 shares of company stock valued at $372,751 in the last 90 days. 0.22% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of research firms have issued reports on TRU. Morgan Stanley cut their target price on shares of TransUnion from $130.00 to $127.00 and set an "overweight" rating on the stock in a research report on Tuesday, January 28th. Bank of America began coverage on TransUnion in a report on Thursday. They issued an "underperform" rating and a $84.00 price objective for the company. Jefferies Financial Group reduced their target price on TransUnion from $125.00 to $115.00 and set a "buy" rating on the stock in a report on Wednesday, January 15th. Barclays lowered their price target on TransUnion from $105.00 to $85.00 and set an "equal weight" rating for the company in a research note on Friday, April 4th. Finally, William Blair reaffirmed an "outperform" rating on shares of TransUnion in a research note on Monday, March 24th. One analyst has rated the stock with a sell rating, four have given a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $111.23.

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.