Mitsubishi UFJ Trust & Banking Corp Decreases Stock Position in TransUnion (NYSE:TRU)

Mitsubishi UFJ Trust & Banking Corp trimmed its stake in TransUnion (NYSE:TRU - Free Report) by 8.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 105,021 shares of the business services provider's stock after selling 9,433 shares during the period. Mitsubishi UFJ Trust & Banking Corp owned about 0.05% of TransUnion worth $9,736,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of TRU. EntryPoint Capital LLC acquired a new stake in shares of TransUnion in the fourth quarter valued at about $417,000. Prudential Financial Inc. raised its holdings in TransUnion by 2,390.0% during the 4th quarter. Prudential Financial Inc. now owns 258,611 shares of the business services provider's stock worth $24,739,000 after purchasing an additional 248,225 shares during the last quarter. Vanguard Group Inc. lifted its position in shares of TransUnion by 1.4% in the 4th quarter. Vanguard Group Inc. now owns 18,066,657 shares of the business services provider's stock worth $1,674,960,000 after purchasing an additional 241,019 shares during the period. LPL Financial LLC boosted its stake in shares of TransUnion by 12.6% in the 4th quarter. LPL Financial LLC now owns 54,292 shares of the business services provider's stock valued at $5,033,000 after purchasing an additional 6,073 shares during the last quarter. Finally, KLP Kapitalforvaltning AS acquired a new stake in shares of TransUnion during the fourth quarter worth $6,184,000.

Insiders Place Their Bets

In related 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 sale, the insider now directly owns 58,488 shares of the company's stock, valued at approximately $5,611,923.60. This trade represents a 1.68 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Venkat Achanta sold 1,821 shares of the business's stock in a transaction on Wednesday, February 26th. The stock was 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 in the company, valued at approximately $10,095,112.82. This represents a 1.70 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 3,021 shares of company stock valued at $289,441 in the last 90 days. 0.25% of the stock is currently owned by corporate insiders.

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Wall Street Analyst Weigh In

A number of analysts have commented on the stock. UBS Group upped their price target on shares of TransUnion from $102.00 to $104.00 and gave the company a "neutral" rating in a research report on Monday, February 3rd. Oppenheimer decreased their target price on TransUnion from $115.00 to $112.00 and set an "outperform" rating for the company in a research note on Tuesday, January 7th. Morgan Stanley dropped their price target on TransUnion from $130.00 to $127.00 and set an "overweight" rating on the stock in a research note on Tuesday, January 28th. Needham & Company LLC reaffirmed a "hold" rating on shares of TransUnion in a research report on Friday, February 14th. Finally, William Blair reiterated an "outperform" rating on shares of TransUnion in a research report on Monday, March 24th. Four analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $114.08.

TransUnion Stock Down 10.2 %

Shares of TransUnion stock traded down $8.74 on Thursday, hitting $76.99. The company had a trading volume of 1,013,719 shares, compared to its average volume of 1,609,617. TransUnion has a 1 year low of $66.07 and a 1 year high of $113.17. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.70 and a current ratio of 1.70. The stock has a 50 day moving average of $91.01 and a 200-day moving average of $96.84. The stock has a market capitalization of $15.02 billion, a price-to-earnings ratio of 52.73, a P/E/G ratio of 1.18 and a beta of 1.70.

TransUnion (NYSE:TRU - Get Free Report) last released its quarterly earnings results on Thursday, February 13th. The business services provider reported $0.83 EPS for the quarter, missing analysts' consensus estimates of $0.97 by ($0.14). The company had revenue of $1.04 billion during 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%. As a group, sell-side analysts forecast that TransUnion will post 3.99 earnings per share for the current year.

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

TransUnion Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Thursday, February 27th were paid a $0.115 dividend. This is a positive change from TransUnion's previous quarterly dividend of $0.11. The ex-dividend date was Thursday, February 27th. This represents a $0.46 annualized dividend and a yield of 0.60%. TransUnion's dividend payout ratio (DPR) is 31.51%.

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.