TransUnion (NYSE:TRU) Stake Lowered by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC decreased its stake in shares of TransUnion (NYSE:TRU - Free Report) by 2.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 106,214 shares of the business services provider's stock after selling 3,179 shares during the period. Commonwealth Equity Services LLC owned about 0.05% of TransUnion worth $9,847,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Huntington National Bank lifted its holdings in TransUnion by 84.5% during the third quarter. Huntington National Bank now owns 286 shares of the business services provider's stock worth $30,000 after acquiring an additional 131 shares during the period. Versant Capital Management Inc lifted its holdings in 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 acquiring an additional 193 shares during the period. True Wealth Design LLC lifted its holdings in TransUnion by 4,590.0% during the third quarter. True Wealth Design LLC now owns 469 shares of the business services provider's stock worth $49,000 after acquiring an additional 459 shares during the period. Retirement Wealth Solutions LLC bought a new stake in TransUnion during the fourth quarter worth $44,000. Finally, Kestra Investment Management LLC bought a new stake in TransUnion during the fourth quarter worth $51,000.

Insider Activity at TransUnion

In other news, insider Steven M. Chaouki sold 1,000 shares of the stock in a transaction that occurred 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 completion of the transaction, the insider now directly owns 58,488 shares of the company's stock, valued at approximately $5,611,923.60. This represents a 1.68 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP Venkat Achanta sold 1,821 shares of the firm's 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 completion of the transaction, the executive vice president now directly owns 105,443 shares of the company's stock, valued at $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 90 days, insiders have sold 4,021 shares of company stock worth $383,041. 0.22% of the stock is currently owned by company insiders.

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Analyst Ratings Changes

A number of brokerages recently commented on TRU. Oppenheimer dropped their price target on TransUnion from $115.00 to $112.00 and set an "outperform" rating on the stock in a report on Tuesday, January 7th. William Blair restated an "outperform" rating on shares of TransUnion in a research note on Friday, February 14th. Wells Fargo & Company lowered their target price on TransUnion from $135.00 to $126.00 and set an "overweight" rating on the stock in a research note on Friday, January 10th. Morgan Stanley lowered their target price on TransUnion from $130.00 to $127.00 and set an "overweight" rating on the stock in a research note on Tuesday, January 28th. Finally, UBS Group boosted their target price on TransUnion from $102.00 to $104.00 and gave the company a "neutral" rating in a research note on Monday, February 3rd. Five research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to data from MarketBeat.com, TransUnion has an average rating of "Moderate Buy" and a consensus price target of $111.64.

TransUnion Stock Performance

Shares of NYSE:TRU traded up $0.15 during trading on Friday, hitting $85.41. The stock had a trading volume of 2,938,459 shares, compared to its average volume of 1,554,200. The stock has a 50-day simple moving average of $92.42 and a two-hundred day simple moving average of $97.48. The stock has a market capitalization of $16.66 billion, a price-to-earnings ratio of 58.50, a price-to-earnings-growth ratio of 1.18 and a beta of 1.70. 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 has a 12-month low of $66.07 and a 12-month high of $113.17.

TransUnion (NYSE:TRU - Get Free Report) last posted its 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). The firm had revenue of $1.04 billion during 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%. On average, equities research analysts expect that TransUnion will post 3.99 earnings per share for the current fiscal year.

TransUnion announced that its Board of Directors has approved a share buyback plan on Thursday, February 13th that allows the company to repurchase $500.00 million in 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 usually an indication that the company's leadership believes its shares are undervalued.

TransUnion Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 14th. Shareholders 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 0.54%. This is an increase from TransUnion's previous quarterly dividend of $0.11. TransUnion's payout ratio is currently 31.51%.

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.