National Pension Service Trims Stock Position in TransUnion (NYSE:TRU)

National Pension Service lowered its holdings in TransUnion (NYSE:TRU - Free Report) by 17.1% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 274,498 shares of the business services provider's stock after selling 56,813 shares during the quarter. National Pension Service owned 0.14% of TransUnion worth $25,449,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in TRU. International Assets Investment Management LLC raised its position in TransUnion by 10,369.6% in the third quarter. International Assets Investment Management LLC now owns 5,863 shares of the business services provider's stock valued at $614,000 after purchasing an additional 5,807 shares during the period. Wealth Enhancement Advisory Services LLC raised its position in TransUnion by 146.1% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 13,466 shares of the business services provider's stock valued at $1,410,000 after purchasing an additional 7,995 shares during the period. abrdn plc raised its position in TransUnion by 4.2% in the third quarter. abrdn plc now owns 64,629 shares of the business services provider's stock valued at $6,767,000 after purchasing an additional 2,600 shares during the period. First Trust Direct Indexing L.P. purchased a new stake in TransUnion in the third quarter valued at $203,000. Finally, Cigna Investments Inc. New purchased a new stake in TransUnion in the third quarter valued at $210,000.

Analyst Ratings Changes

A number of equities research analysts have commented on TRU shares. William Blair restated an "outperform" rating on shares of TransUnion in a research report on Friday, February 14th. Wells Fargo & Company cut their price objective on TransUnion from $135.00 to $126.00 and set an "overweight" rating on the stock in a report on Friday, January 10th. UBS Group boosted their price objective on TransUnion from $102.00 to $104.00 and gave the company a "neutral" rating in a report on Monday, February 3rd. Morgan Stanley cut their price objective on TransUnion from $130.00 to $127.00 and set an "overweight" rating on the stock in a report on Tuesday, January 28th. Finally, Oppenheimer cut their price objective on TransUnion from $115.00 to $112.00 and set an "outperform" rating on the stock in a report on Tuesday, January 7th. Five research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to data from MarketBeat.com, TransUnion presently has an average rating of "Moderate Buy" and an average target price of $111.64.

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TransUnion Stock Up 2.3 %

TRU traded up $1.99 on Wednesday, hitting $90.08. 2,509,675 shares of the company were exchanged, compared to its average volume of 1,522,581. The firm has a 50-day moving average price of $94.39 and a two-hundred day moving average price of $98.52. The company has a market cap of $17.58 billion, a price-to-earnings ratio of 61.70, a price-to-earnings-growth ratio of 1.18 and a beta of 1.63. TransUnion has a twelve month low of $66.07 and a twelve month high of $113.17. The company has a current ratio of 1.70, a quick ratio of 1.70 and a debt-to-equity ratio of 1.18.

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 the consensus estimate of $0.97 by ($0.14). The business 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%. On average, equities analysts predict that TransUnion will post 3.99 earnings per share for the current year.

TransUnion Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Thursday, February 27th will be given 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 0.51%. The ex-dividend date of this dividend is Thursday, February 27th. TransUnion's dividend payout ratio is currently 31.51%.

TransUnion announced that its Board of Directors has initiated a share repurchase plan on Thursday, February 13th that permits the company to repurchase $500.00 million in shares. This repurchase authorization permits the business services provider to repurchase up to 2.6% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company's leadership believes its shares are undervalued.

Insider Transactions at TransUnion

In related news, EVP Venkat Achanta sold 1,821 shares of the company's stock in a transaction dated 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 sale, the executive vice president now directly owns 105,443 shares of the company's stock, valued at $10,095,112.82. This represents a 1.70 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Steven M. Chaouki sold 1,000 shares of the company'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 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 disclosure for this sale can be found here. In the last ninety days, insiders sold 4,021 shares of company stock valued at $383,041. 0.22% of the stock is currently owned by corporate insiders.

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.