Hsbc Holdings PLC Has $10.60 Million Holdings in TransUnion (NYSE:TRU)

Hsbc Holdings PLC trimmed its position in shares of TransUnion (NYSE:TRU - Free Report) by 6.2% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 114,283 shares of the business services provider's stock after selling 7,512 shares during the period. Hsbc Holdings PLC owned approximately 0.06% of TransUnion worth $10,597,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Townsquare Capital LLC lifted its holdings in shares of TransUnion by 1.0% during the 4th quarter. Townsquare Capital LLC now owns 10,311 shares of the business services provider's stock worth $956,000 after acquiring an additional 100 shares during the period. Wealth Enhancement Advisory Services LLC lifted its stake in TransUnion by 1.0% during the fourth 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 last quarter. GAMMA Investing LLC lifted its stake in TransUnion by 14.4% during the fourth 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 during the last quarter. Yousif Capital Management LLC boosted its holdings in shares of TransUnion by 4.0% in the 4th quarter. Yousif Capital Management LLC now owns 3,608 shares of the business services provider's stock valued at $334,000 after purchasing an additional 139 shares in the last quarter. Finally, PNC Financial Services Group Inc. increased its stake in shares of 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 valued at $245,000 after purchasing an additional 139 shares during the last quarter.

TransUnion Stock Performance

Shares of TRU stock opened at $82.13 on Monday. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.70 and a quick ratio of 1.70. TransUnion has a one year low of $66.38 and a one year high of $113.17. The business's 50 day simple moving average is $82.52 and its 200 day simple moving average is $92.89. The stock has a market capitalization of $16.03 billion, a PE ratio of 56.25, 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 for the quarter, missing the consensus estimate of $0.97 by ($0.14). The firm had revenue of $1.04 billion for the quarter, compared to analyst estimates of $1.03 billion. TransUnion had a return on equity of 15.85% and a net margin of 6.80%. As a group, research analysts forecast that TransUnion will post 3.99 earnings per share for the current year.

TransUnion declared that its Board of Directors has initiated a stock repurchase program on Thursday, February 13th that permits the company to repurchase $500.00 million in outstanding shares. This repurchase authorization permits the business services provider to buy up to 2.6% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's board believes its shares are undervalued.

TransUnion Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Thursday, February 27th were paid a $0.115 dividend. This represents a $0.46 dividend on an annualized basis and a dividend yield of 0.56%. This is an increase from TransUnion's previous quarterly dividend of $0.11. The ex-dividend date was Thursday, February 27th. TransUnion's payout ratio is currently 24.47%.

Insider Activity at TransUnion

In other news, EVP Venkat Achanta sold 1,821 shares of the company's stock in a transaction dated Wednesday, February 26th. The shares were sold at an average price of $95.74, for a total transaction 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 represents a 1.70 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Steven M. Chaouki sold 1,000 shares of the firm's stock in a transaction dated Monday, February 3rd. The shares were 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 of the company's stock, valued at approximately $5,611,923.60. This represents a 1.68 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 4,021 shares of company stock worth $372,751 in the last 90 days. Corporate insiders own 0.22% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the company. Oppenheimer raised their price objective on TransUnion from $93.00 to $96.00 and gave the company an "outperform" rating in a research note on Friday. Jefferies Financial Group reduced their price target on shares of TransUnion from $125.00 to $115.00 and set a "buy" rating on the stock in a research note on Wednesday, January 15th. William Blair reiterated an "outperform" rating on shares of TransUnion in a research report on Monday, March 24th. Morgan Stanley lowered their price target on shares of TransUnion from $130.00 to $127.00 and set an "overweight" rating for the company in a report on Tuesday, January 28th. Finally, Wells Fargo & Company lowered their target price on TransUnion from $130.00 to $117.00 and set an "overweight" rating for the company in a report on Monday, April 14th. One equities research 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 MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $109.38.

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.

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