4,960 Shares in TransUnion (NYSE:TRU) Purchased by Bryce Point Capital LLC

Bryce Point Capital LLC acquired a new position in TransUnion (NYSE:TRU - Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The firm acquired 4,960 shares of the business services provider's stock, valued at approximately $460,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Versant Capital Management Inc raised its holdings in TransUnion by 82.1% in the fourth quarter. Versant Capital Management Inc now owns 428 shares of the business services provider's stock valued at $40,000 after buying an additional 193 shares during the period. Huntington National Bank boosted its holdings in TransUnion by 58.7% in the 4th quarter. Huntington National Bank now owns 454 shares of the business services provider's stock worth $42,000 after acquiring an additional 168 shares during the period. Retirement Wealth Solutions LLC acquired a new stake in TransUnion during the 4th quarter valued at $44,000. Brown Brothers Harriman & Co. acquired a new position in TransUnion in the 4th quarter worth $47,000. Finally, Proficio Capital Partners LLC acquired a new stake in shares of TransUnion during the fourth quarter valued at about $49,000.

TransUnion Stock Performance

TRU stock traded down $8.92 during midday trading on Thursday, hitting $72.06. 1,128,609 shares of the company traded hands, compared to its average volume of 1,668,057. TransUnion has a twelve month low of $66.07 and a twelve month high of $113.17. The stock has a market capitalization of $14.06 billion, a price-to-earnings ratio of 49.42, a price-to-earnings-growth ratio of 1.18 and a beta of 1.67. The business has a 50 day simple moving average of $87.69 and a 200-day simple moving average of $95.47. The company has a quick ratio of 1.70, a current ratio of 1.70 and a debt-to-equity ratio of 1.18.

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TransUnion (NYSE:TRU - Get Free Report) last released its 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). The company had revenue of $1.04 billion for the quarter, compared to analyst estimates of $1.03 billion. TransUnion had a net margin of 6.80% and a return on equity of 15.85%. As a group, equities research analysts predict that TransUnion will post 3.99 earnings per share for the current year.

TransUnion announced that its Board of Directors has initiated a share repurchase program on Thursday, February 13th that authorizes the company to buyback $500.00 million in outstanding shares. This buyback authorization authorizes the business services provider to reacquire up to 2.6% of its stock through open market purchases. Stock buyback programs are often an indication that the company's leadership believes its stock is undervalued.

TransUnion Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Thursday, February 27th were issued a dividend of $0.115 per share. This represents a $0.46 dividend on an annualized basis and a yield of 0.64%. This is a boost from TransUnion's previous quarterly dividend of $0.11. The ex-dividend date of this dividend was Thursday, February 27th. TransUnion's dividend payout ratio (DPR) is currently 31.51%.

Insider Activity at TransUnion

In related news, insider Steven M. Chaouki sold 1,000 shares of the company's stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $95.95, for a total value of $95,950.00. Following the completion of the sale, the insider now owns 58,488 shares in the company, valued at approximately $5,611,923.60. This represents a 1.68 % decrease in their ownership of the stock. The transaction was disclosed in a document filed 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 dated Wednesday, February 26th. The stock was sold at an average price of $95.74, for a total value of $174,342.54. Following the transaction, the executive vice president now owns 105,443 shares in the company, valued at approximately $10,095,112.82. This trade represents a 1.70 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 4,021 shares of company stock valued at $372,751 over the last quarter. Corporate insiders own 0.22% of the company's stock.

Analyst Ratings Changes

Several research firms have issued reports on TRU. Morgan Stanley dropped their price objective on TransUnion from $130.00 to $127.00 and set an "overweight" rating on the stock in a report on Tuesday, January 28th. Needham & Company LLC reaffirmed a "hold" rating on shares of TransUnion in a report on Friday, February 14th. UBS Group boosted their target price on shares of TransUnion from $102.00 to $104.00 and gave the stock a "neutral" rating in a report on Monday, February 3rd. Wells Fargo & Company reduced their target price on shares of TransUnion from $135.00 to $126.00 and set an "overweight" rating for the company in a report on Friday, January 10th. Finally, Jefferies Financial Group dropped their price target on TransUnion from $125.00 to $115.00 and set a "buy" rating on the stock in a report on Wednesday, January 15th. One research 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 has a consensus rating of "Moderate Buy" and a consensus price target of $111.92.

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.