TransUnion (NYSE:TRU) Shares Bought by Korea Investment CORP

Korea Investment CORP grew its stake in TransUnion (NYSE:TRU - Free Report) by 18.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 143,091 shares of the business services provider's stock after acquiring an additional 22,414 shares during the quarter. Korea Investment CORP owned about 0.07% of TransUnion worth $13,266,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Townsquare Capital LLC lifted its holdings in TransUnion by 1.0% in the 3rd quarter. Townsquare Capital LLC now owns 10,211 shares of the business services provider's stock valued at $1,069,000 after purchasing an additional 100 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in shares of 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 valued at $1,261,000 after buying an additional 131 shares during the period. GAMMA Investing LLC boosted its position 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 acquiring an additional 138 shares during the last quarter. Yousif Capital Management LLC grew its stake in TransUnion by 4.0% in the 4th quarter. Yousif Capital Management LLC now owns 3,608 shares of the business services provider's stock worth $334,000 after acquiring an additional 139 shares during the period. Finally, PNC Financial Services Group Inc. raised its holdings 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 valued at $245,000 after acquiring an additional 139 shares during the last quarter.

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Analysts Set New Price Targets

A number of equities research analysts have recently commented on the company. Jefferies Financial Group lowered their price objective on TransUnion from $125.00 to $115.00 and set a "buy" rating for the company in a research report on Wednesday, January 15th. Needham & Company LLC reaffirmed a "hold" rating on shares of TransUnion in a research note on Friday, February 14th. Wells Fargo & Company decreased their target price on shares of TransUnion from $135.00 to $126.00 and set an "overweight" rating on the stock in a research report on Friday, January 10th. Morgan Stanley decreased their price target on shares of TransUnion from $130.00 to $127.00 and set an "overweight" rating on the stock in a report on Tuesday, January 28th. Finally, UBS Group boosted their price target on TransUnion from $102.00 to $104.00 and gave the company a "neutral" rating in a research report on Monday, February 3rd. Four investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $114.08.

Insider Transactions at TransUnion

In other news, insider Steven M. Chaouki sold 1,000 shares of TransUnion stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $95.95, for a total value of $95,950.00. Following the completion of the transaction, the insider now owns 58,488 shares in the company, valued at approximately $5,611,923.60. This trade represents a 1.68 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Venkat Achanta sold 1,821 shares of the business'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 sale, 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. Over the last quarter, insiders sold 3,021 shares of company stock valued at $289,441. 0.25% of the stock is currently owned by corporate insiders.

TransUnion Stock Down 8.6 %

TRU traded down $7.39 during trading hours on Thursday, reaching $78.34. 2,452,030 shares of the stock traded hands, compared to its average volume of 1,614,568. TransUnion has a fifty-two week low of $66.07 and a fifty-two week high of $113.17. The company has a market cap of $15.28 billion, a price-to-earnings ratio of 53.66, a PEG ratio of 1.18 and a beta of 1.70. 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 firm's fifty day simple moving average is $91.01 and its two-hundred day simple moving average is $96.84.

TransUnion (NYSE:TRU - Get Free Report) last announced its earnings results 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). TransUnion had a net margin of 6.80% and a return on equity of 15.85%. The business had revenue of $1.04 billion for the quarter, compared to analyst estimates of $1.03 billion. As a group, analysts forecast that TransUnion will post 3.99 earnings per share for the current fiscal year.

TransUnion Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Thursday, February 27th were paid a dividend of $0.115 per share. This is a boost from TransUnion's previous quarterly dividend of $0.11. This represents a $0.46 annualized dividend and a dividend yield of 0.59%. The ex-dividend date was Thursday, February 27th. TransUnion's dividend payout ratio is 31.51%.

TransUnion announced that its board has authorized a stock repurchase plan on Thursday, February 13th that allows the company to buyback $500.00 million in shares. This buyback authorization allows the business services provider to reacquire up to 2.6% of its stock through open market purchases. Stock buyback plans are typically an indication that the company's board of directors believes its shares are undervalued.

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.