JPMorgan Chase & Co. Has $29.25 Million Position in TransUnion (NYSE:TRU)

JPMorgan Chase & Co. lifted its position in shares of TransUnion (NYSE:TRU - Free Report) by 39.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 315,530 shares of the business services provider's stock after purchasing an additional 89,340 shares during the period. JPMorgan Chase & Co. owned about 0.16% of TransUnion worth $29,253,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Charles Schwab Investment Management Inc. lifted its holdings in TransUnion by 3.4% in 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 buying an additional 22,826 shares in the last quarter. Captrust Financial Advisors purchased a new stake in shares of TransUnion during the third quarter worth about $892,000. Jones Financial Companies Lllp lifted its stake in shares of TransUnion by 62.1% in the fourth quarter. Jones Financial Companies Lllp now owns 2,097 shares of the business services provider's stock worth $194,000 after acquiring an additional 803 shares in the last quarter. Assenagon Asset Management S.A. boosted its holdings in TransUnion by 22.0% in the fourth quarter. Assenagon Asset Management S.A. now owns 26,308 shares of the business services provider's stock valued at $2,439,000 after purchasing an additional 4,743 shares during the last quarter. Finally, TT International Asset Management LTD grew its stake in TransUnion by 426.4% during the 3rd quarter. TT International Asset Management LTD now owns 26,853 shares of the business services provider's stock valued at $2,811,000 after purchasing an additional 21,752 shares in the last quarter.

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Wall Street Analyst Weigh In

TRU has been the topic of a number of recent analyst reports. Oppenheimer cut their target price on TransUnion from $115.00 to $112.00 and set an "outperform" rating on the stock in a research report on Tuesday, January 7th. Jefferies Financial Group cut their price target on shares of TransUnion from $125.00 to $115.00 and set a "buy" rating on the stock in a report on Wednesday, January 15th. Morgan Stanley decreased their price objective 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. William Blair restated an "outperform" rating on shares of TransUnion in a research note on Monday, March 24th. Finally, Needham & Company LLC reiterated a "hold" rating on shares of TransUnion in a research note on Friday, February 14th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $111.92.

TransUnion Stock Performance

Shares of NYSE:TRU traded down $0.31 during trading on Friday, hitting $72.39. 3,983,806 shares of the company traded hands, compared to its average volume of 1,690,575. The company has a quick ratio of 1.70, a current ratio of 1.70 and a debt-to-equity ratio of 1.18. The business's fifty day moving average is $86.71 and its 200-day moving average is $94.95. The stock has a market capitalization of $14.13 billion, a price-to-earnings ratio of 49.58, a PEG ratio of 1.18 and a beta of 1.67. TransUnion has a one year low of $66.07 and a one year high of $113.17.

TransUnion (NYSE:TRU - Get Free Report) last released its quarterly earnings data on Thursday, February 13th. The business services provider reported $0.83 earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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 predict that TransUnion will post 3.99 earnings per share for the current fiscal year.

TransUnion Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Thursday, February 27th were given a dividend of $0.115 per share. The ex-dividend date of this dividend was Thursday, February 27th. This represents a $0.46 annualized dividend and a dividend yield of 0.64%. This is a positive change from TransUnion's previous quarterly dividend of $0.11. TransUnion's dividend payout ratio is currently 31.51%.

TransUnion announced that its board has approved a share repurchase plan on Thursday, February 13th that permits the company to buyback $500.00 million in shares. This buyback authorization permits the business services provider to purchase up to 2.6% of its shares through open market purchases. Shares buyback plans are typically a sign that the company's management believes its shares are undervalued.

Insider Buying and Selling

In other news, insider Steven M. Chaouki sold 1,000 shares of the company's stock in a transaction that occurred on Tuesday, April 1st. The shares were sold at an average price of $83.31, for a total value of $83,310.00. Following the completion of the sale, the insider now directly owns 77,393 shares of the company's stock, valued at approximately $6,447,610.83. This represents a 1.28 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Venkat Achanta sold 1,821 shares of the stock in a transaction that occurred 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 transaction, the executive vice president now owns 105,443 shares of the company's stock, valued at $10,095,112.82. This trade represents a 1.70 % 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 valued at $372,751 in the last quarter. Company insiders own 0.22% of the company's stock.

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.