TransUnion (NYSE:TRU) Shares Bought by CenterBook Partners LP

CenterBook Partners LP raised its position in TransUnion (NYSE:TRU - Free Report) by 474.2% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 56,748 shares of the business services provider's stock after buying an additional 46,865 shares during the period. CenterBook Partners LP's holdings in TransUnion were worth $5,261,000 as of its most recent filing with the SEC.

Other hedge funds have also recently modified their holdings of the company. Wealth Enhancement Advisory Services LLC raised its holdings in shares of TransUnion by 1.0% in 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 lifted its stake in TransUnion by 14.4% in the 4th quarter. GAMMA Investing LLC now owns 1,094 shares of the business services provider's stock worth $101,000 after purchasing an additional 138 shares in the last quarter. Yousif Capital Management LLC boosted its stake in TransUnion by 4.0% during the fourth quarter. Yousif Capital Management LLC now owns 3,608 shares of the business services provider's stock valued at $334,000 after buying an additional 139 shares during the period. PNC Financial Services Group Inc. increased its stake in 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 last quarter. Finally, Smartleaf Asset Management LLC raised its holdings in shares of TransUnion by 28.8% in the 4th quarter. Smartleaf Asset Management LLC now owns 733 shares of the business services provider's stock valued at $68,000 after acquiring an additional 164 shares in the last quarter.

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Insider Buying and Selling

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

Analyst Ratings Changes

Several research analysts recently weighed in on the stock. Wells Fargo & Company decreased their price objective on shares of TransUnion from $130.00 to $117.00 and set an "overweight" rating on the stock in a research report on Monday. Jefferies Financial Group dropped their price objective on shares of TransUnion from $125.00 to $115.00 and set a "buy" rating for the company in a report on Wednesday, January 15th. Bank of America started coverage on TransUnion in a research note on Thursday. They issued an "underperform" rating and a $84.00 target price on the stock. UBS Group upped their price objective on TransUnion from $102.00 to $104.00 and gave the stock a "neutral" rating in a report on Monday, February 3rd. Finally, Oppenheimer decreased their price objective on TransUnion from $115.00 to $112.00 and set an "outperform" rating on the stock in a report on Tuesday, January 7th. One analyst has rated the stock with a sell rating, four have given a hold rating and nine have given a buy rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $111.23.

TransUnion Stock Performance

Shares of TransUnion stock traded up $1.38 on Monday, hitting $73.82. 842,530 shares of the company's stock were exchanged, compared to its average volume of 1,687,438. TransUnion has a 1 year low of $66.07 and a 1 year high of $113.17. 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 quick ratio of 1.70 and a current ratio of 1.70. The stock has a market capitalization of $14.41 billion, a PE ratio of 50.56, a PEG ratio of 1.18 and a beta of 1.67.

TransUnion (NYSE:TRU - Get Free Report) last posted its quarterly earnings data 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 company 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 year.

TransUnion announced that its Board of Directors has approved 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 buy up to 2.6% of its shares through open market purchases. Shares repurchase programs are often an indication that the company's board believes its shares are undervalued.

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. The ex-dividend date of this dividend was Thursday, February 27th. This represents a $0.46 dividend on an annualized basis and a yield of 0.62%. This is a positive change from TransUnion's previous quarterly dividend of $0.11. TransUnion's dividend payout ratio is currently 31.51%.

About TransUnion

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.