Hunting Hill Global Capital LLC Takes Position in TransUnion (NYSE:TRU)

Hunting Hill Global Capital LLC acquired a new position in shares of TransUnion (NYSE:TRU - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 5,040 shares of the business services provider's stock, valued at approximately $467,000.

Several other hedge funds also recently modified their holdings of TRU. Versant Capital Management Inc increased its stake in TransUnion by 82.1% during the 4th quarter. Versant Capital Management Inc now owns 428 shares of the business services provider's stock valued at $40,000 after purchasing an additional 193 shares in the last quarter. Aster Capital Management DIFC Ltd acquired a new position in shares of TransUnion during the fourth quarter valued at about $40,000. Huntington National Bank increased its position in shares of TransUnion by 58.7% during the fourth quarter. Huntington National Bank now owns 454 shares of the business services provider's stock worth $42,000 after acquiring an additional 168 shares in the last quarter. Retirement Wealth Solutions LLC acquired a new stake in shares of TransUnion in the 4th quarter worth about $44,000. Finally, Brown Brothers Harriman & Co. bought a new position in TransUnion in the 4th quarter valued at about $47,000.

TransUnion Stock Performance

Shares of TRU traded down $0.34 during mid-day trading on Friday, hitting $82.13. The stock had a trading volume of 2,125,656 shares, compared to its average volume of 1,689,278. TransUnion has a 52 week low of $66.38 and a 52 week high of $113.17. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.70 and a quick ratio of 1.70. The business has a fifty day moving average price of $82.82 and a 200-day moving average price of $93.23. The firm has a market cap of $16.03 billion, a P/E ratio of 56.25, a PEG ratio of 1.18 and a beta of 1.67.

TransUnion (NYSE:TRU - Get Free Report) last released its quarterly earnings data 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 business had revenue of $1.04 billion for the quarter, compared to analysts' expectations 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 EPS for the current year.

TransUnion declared that its board has authorized 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 shares through open market purchases. Shares repurchase programs are usually an indication that the company's board believes its stock is undervalued.

TransUnion Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Thursday, February 27th were issued a $0.115 dividend. The ex-dividend date of this dividend was Thursday, February 27th. This is an increase from TransUnion's previous quarterly dividend of $0.11. This represents a $0.46 annualized dividend and a yield of 0.56%. TransUnion's dividend payout ratio (DPR) is 31.51%.

Insider Activity at TransUnion

In other news, EVP Venkat Achanta sold 1,821 shares of the stock in a transaction dated Wednesday, February 26th. The shares were sold at an average price of $95.74, for a total value of $174,342.54. Following the sale, the executive vice president now directly owns 105,443 shares of the company's stock, 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 filing 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 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 sale, the insider now directly owns 58,488 shares in the company, valued at $5,611,923.60. This trade represents a 1.68 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 4,021 shares of company stock worth $372,751. Corporate insiders own 0.25% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the company. Stifel Nicolaus decreased their price objective on TransUnion from $120.00 to $112.00 and set a "buy" rating for the company in a report on Friday. Needham & Company LLC reaffirmed a "hold" rating on shares of TransUnion in a report on Friday, February 14th. Oppenheimer raised their price target on shares of TransUnion from $93.00 to $96.00 and gave the company an "outperform" rating in a research report on Friday. Jefferies Financial Group reduced their price objective on shares of TransUnion from $125.00 to $115.00 and set a "buy" rating for the company in a research report on Wednesday, January 15th. Finally, Bank of America began coverage on shares of TransUnion in a research report on Thursday, April 10th. They set an "underperform" rating and a $84.00 target price on the stock. One investment 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's stock. According to data from MarketBeat, TransUnion presently has an average rating of "Moderate Buy" and an average target price of $109.38.

TransUnion 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.