Swiss National Bank Sells 27,500 Shares of TransUnion (NYSE:TRU)

Swiss National Bank cut its position in shares of TransUnion (NYSE:TRU - Free Report) by 4.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 548,900 shares of the business services provider's stock after selling 27,500 shares during the period. Swiss National Bank owned 0.28% of TransUnion worth $50,889,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Townsquare Capital LLC raised its stake in shares of TransUnion by 1.0% during the 3rd quarter. Townsquare Capital LLC now owns 10,211 shares of the business services provider's stock worth $1,069,000 after purchasing an additional 100 shares in the last quarter. Huntington National Bank raised its stake in shares of TransUnion by 84.5% in the 3rd quarter. Huntington National Bank now owns 286 shares of the business services provider's stock valued at $30,000 after acquiring an additional 131 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in shares of TransUnion by 1.0% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 13,597 shares of the business services provider's stock valued at $1,261,000 after acquiring an additional 131 shares in the last quarter. GAMMA Investing LLC raised its stake in shares of TransUnion by 14.4% in the 4th quarter. GAMMA Investing LLC now owns 1,094 shares of the business services provider's stock valued at $101,000 after acquiring an additional 138 shares in the last quarter. Finally, Yousif Capital Management LLC raised its stake in shares of TransUnion by 4.0% in the 4th quarter. Yousif Capital Management LLC now owns 3,608 shares of the business services provider's stock valued at $334,000 after acquiring an additional 139 shares in the last quarter.

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TransUnion Price Performance

TRU stock traded up $1.65 during trading on Wednesday, hitting $84.93. The company had a trading volume of 1,407,340 shares, compared to its average volume of 1,736,400. The company has a fifty day moving average price of $92.64 and a two-hundred day moving average price of $97.72. The company has a current ratio of 1.70, a quick ratio of 1.70 and a debt-to-equity ratio of 1.18. The company has a market cap of $16.57 billion, a P/E ratio of 58.17, a P/E/G ratio of 1.18 and a beta of 1.70. TransUnion has a fifty-two week low of $66.07 and a fifty-two week high of $113.17.

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

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

TransUnion Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 14th. Investors 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 0.54%. TransUnion's payout ratio is currently 31.51%.

Insider Activity at TransUnion

In other TransUnion news, EVP Venkat Achanta sold 1,821 shares of TransUnion 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 owns 105,443 shares in the company, valued at approximately $10,095,112.82. The trade was a 1.70 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Steven M. Chaouki sold 1,000 shares of TransUnion stock in a transaction on 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 transaction, the insider now owns 58,488 shares of the company's stock, valued at approximately $5,611,923.60. The trade was a 1.68 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 4,021 shares of company stock valued at $383,041 in the last 90 days. 0.22% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on TRU shares. Morgan Stanley cut their price objective on TransUnion from $130.00 to $127.00 and set an "overweight" rating on the stock in a research note on Tuesday, January 28th. Jefferies Financial Group cut their price objective on TransUnion from $125.00 to $115.00 and set a "buy" rating on the stock in a research note on Wednesday, January 15th. Needham & Company LLC reaffirmed a "hold" rating on shares of TransUnion in a report on Friday, February 14th. UBS Group raised their target price on TransUnion from $102.00 to $104.00 and gave the company a "neutral" rating in a report on Monday, February 3rd. Finally, Wells Fargo & Company lowered their target price on TransUnion from $135.00 to $126.00 and set an "overweight" rating on the stock in a report on Friday, January 10th. Five research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company's stock. According to MarketBeat, TransUnion presently has an average rating of "Moderate Buy" and a consensus price target of $111.64.

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.