TD Private Client Wealth LLC Buys 11,337 Shares of TransUnion (NYSE:TRU)

TD Private Client Wealth LLC raised its holdings in TransUnion (NYSE:TRU - Free Report) by 13,496.4% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 11,421 shares of the business services provider's stock after acquiring an additional 11,337 shares during the quarter. TD Private Client Wealth LLC's holdings in TransUnion were worth $1,059,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Versant Capital Management Inc grew its stake in shares of TransUnion by 82.1% in the fourth quarter. Versant Capital Management Inc now owns 428 shares of the business services provider's stock worth $40,000 after purchasing an additional 193 shares during the last quarter. Retirement Wealth Solutions LLC acquired a new position in TransUnion during the 4th quarter worth about $44,000. True Wealth Design LLC grew its position in shares of TransUnion by 4,590.0% in the 3rd quarter. True Wealth Design LLC now owns 469 shares of the business services provider's stock valued at $49,000 after buying an additional 459 shares during the last quarter. Proficio Capital Partners LLC acquired a new stake in shares of TransUnion in the fourth quarter valued at about $49,000. Finally, Kestra Investment Management LLC bought a new position in shares of TransUnion during the fourth quarter worth about $51,000.

Insider Transactions at TransUnion

In other news, insider Steven M. Chaouki sold 1,000 shares of the stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of $93.60, for a total transaction of $93,600.00. Following the completion of the transaction, the insider now directly owns 59,488 shares of the company's stock, valued at $5,568,076.80. This represents a 1.65 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Venkat Achanta sold 1,821 shares of the company'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 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 disclosure for this sale can be found here. Insiders have sold 4,021 shares of company stock worth $383,041 in the last 90 days. Insiders own 0.22% of the company's stock.

Remove Ads

TransUnion Stock Down 1.3 %

TRU traded down $1.07 during trading on Thursday, hitting $84.63. 1,399,034 shares of the company's stock were exchanged, compared to its average volume of 1,555,401. The stock has a market cap of $16.51 billion, a P/E ratio of 57.96, a PEG ratio of 1.18 and a beta of 1.70. The business's 50 day moving average is $92.18 and its two-hundred day moving average is $97.32. TransUnion has a fifty-two week low of $66.07 and a fifty-two week high of $113.17. The company has a quick ratio of 1.70, a current ratio of 1.70 and a debt-to-equity ratio of 1.18.

TransUnion (NYSE:TRU - Get Free Report) last released its quarterly earnings results 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). The company had revenue of $1.04 billion for 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%. As a group, equities analysts expect that TransUnion will post 3.99 earnings per share for the current fiscal year.

TransUnion announced that its Board of Directors has initiated a share buyback program on Thursday, February 13th that allows the company to repurchase $500.00 million in outstanding shares. This repurchase authorization allows the business services provider to buy up to 2.6% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company's board believes its stock is undervalued.

TransUnion Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Thursday, February 27th were given a dividend of $0.115 per share. This is a positive change from TransUnion's previous quarterly dividend of $0.11. This represents a $0.46 dividend on an annualized basis and a dividend yield of 0.54%. The ex-dividend date was Thursday, February 27th. TransUnion's dividend payout ratio (DPR) is presently 31.51%.

Analyst Ratings Changes

Several analysts recently commented on the company. Morgan Stanley reduced their target price on TransUnion from $130.00 to $127.00 and set an "overweight" rating on the stock in a report on Tuesday, January 28th. Jefferies Financial Group decreased their price objective on shares of TransUnion from $125.00 to $115.00 and set a "buy" rating for the company in a research report on Wednesday, January 15th. Wells Fargo & Company cut their price target 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. Oppenheimer lowered their price objective on TransUnion from $115.00 to $112.00 and set an "outperform" rating for the company in a research report on Tuesday, January 7th. Finally, William Blair restated an "outperform" rating on shares of TransUnion in a research report on Monday. Four research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to MarketBeat.com, TransUnion currently has an average rating of "Moderate Buy" and a consensus target price of $114.08.

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.