Capital International Ltd. CA bought a new stake in TransUnion (NYSE:TRU - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 10,706 shares of the business services provider's stock, valued at approximately $993,000.
A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Charles Schwab Investment Management Inc. increased its position in TransUnion by 3.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 700,518 shares of the business services provider's stock worth $64,945,000 after purchasing an additional 22,826 shares in the last quarter. Jones Financial Companies Lllp increased its holdings in shares of TransUnion by 62.1% during the fourth quarter. Jones Financial Companies Lllp now owns 2,097 shares of the business services provider's stock worth $194,000 after buying an additional 803 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in shares of TransUnion by 39.5% in the 4th quarter. JPMorgan Chase & Co. now owns 315,530 shares of the business services provider's stock valued at $29,253,000 after acquiring an additional 89,340 shares during the last quarter. Assenagon Asset Management S.A. boosted its holdings in shares of TransUnion by 22.0% during the 4th quarter. Assenagon Asset Management S.A. now owns 26,308 shares of the business services provider's stock valued at $2,439,000 after acquiring an additional 4,743 shares in the last quarter. Finally, HighTower Advisors LLC grew its position in TransUnion by 14.5% during the 3rd quarter. HighTower Advisors LLC now owns 6,453 shares of the business services provider's stock worth $674,000 after acquiring an additional 819 shares during the last quarter.
Wall Street Analysts Forecast Growth
A number of analysts have recently commented on the company. Morgan Stanley cut their price target on TransUnion from $130.00 to $127.00 and set an "overweight" rating on the stock in a research note on Tuesday, January 28th. Barclays reduced their target price on shares of TransUnion from $105.00 to $85.00 and set an "equal weight" rating on the stock in a report on Friday, April 4th. Oppenheimer decreased their price target on shares of TransUnion from $115.00 to $112.00 and set an "outperform" rating for the company in a research report on Tuesday, January 7th. Wells Fargo & Company cut their price target on shares of TransUnion from $130.00 to $117.00 and set an "overweight" rating on the stock in a report on Monday, April 14th. Finally, William Blair restated an "outperform" rating on shares of TransUnion in a report on Monday, March 24th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and nine have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $111.23.
Check Out Our Latest Stock Report on TransUnion
TransUnion Trading Up 7.1 %
TRU traded up $5.51 during trading on Thursday, hitting $82.77. The company's stock had a trading volume of 1,706,364 shares, compared to its average volume of 1,998,063. The firm has a market capitalization of $16.15 billion, a P/E ratio of 56.69, a PEG ratio of 1.18 and a beta of 1.67. TransUnion has a twelve month low of $66.38 and a twelve month high of $113.17. The stock's fifty day moving average price is $83.17 and its 200-day moving average price is $93.39. 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 (NYSE:TRU - Get Free Report) last issued its earnings results on Thursday, April 24th. The business services provider reported $0.95 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.99 by ($0.04). TransUnion had a return on equity of 15.85% and a net margin of 6.80%. Analysts anticipate that TransUnion will post 3.99 EPS for the current year.
TransUnion Increases Dividend
The company also recently announced 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 dividend on an annualized basis and a yield of 0.56%. This is a positive change from TransUnion's previous quarterly dividend of $0.11. The ex-dividend date of this dividend was Thursday, February 27th. TransUnion's payout ratio is presently 31.51%.
TransUnion declared that its Board of Directors has authorized a stock buyback plan on Thursday, February 13th that allows the company to repurchase $500.00 million in outstanding shares. This repurchase authorization allows the business services provider to buy up to 2.6% of its shares through open market purchases. Shares repurchase plans are often an indication that the company's board believes its shares are undervalued.
Insider Buying and Selling
In related news, EVP Venkat Achanta sold 1,821 shares of TransUnion stock in a transaction 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 owns 105,443 shares of the company's stock, valued at approximately $10,095,112.82. This trade represents a 1.70 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Steven M. Chaouki sold 1,000 shares of the company's stock in a transaction on Tuesday, April 1st. The stock was sold at an average price of $83.31, for a total transaction of $83,310.00. Following the transaction, the insider now owns 77,393 shares in the company, valued at approximately $6,447,610.83. The trade was a 1.28 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 4,021 shares of company stock valued at $372,751. 0.25% of the stock is owned by company insiders.
About TransUnion
(
Free Report)
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.
Featured Stories
Before you consider TransUnion, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and TransUnion wasn't on the list.
While TransUnion currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
