TransUnion (NYSE:TRU) Position Increased by Envestnet Portfolio Solutions Inc.

Envestnet Portfolio Solutions Inc. boosted its holdings in shares of TransUnion (NYSE:TRU - Free Report) by 35.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 14,317 shares of the business services provider's stock after purchasing an additional 3,774 shares during the quarter. Envestnet Portfolio Solutions Inc.'s holdings in TransUnion were worth $1,327,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of TRU. Versant Capital Management Inc raised its stake in TransUnion by 82.1% during 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 period. Retirement Wealth Solutions LLC purchased a new stake in TransUnion during the 4th quarter worth approximately $44,000. True Wealth Design LLC lifted its holdings in TransUnion by 4,590.0% during the 3rd quarter. True Wealth Design LLC now owns 469 shares of the business services provider's stock worth $49,000 after buying an additional 459 shares in the last quarter. Proficio Capital Partners LLC purchased a new position in TransUnion in the 4th quarter valued at approximately $49,000. Finally, Kestra Investment Management LLC acquired a new position in shares of TransUnion in the fourth quarter worth $51,000.

TransUnion Trading Down 2.2 %

NYSE:TRU traded down $1.95 during mid-day trading on Wednesday, reaching $85.71. The company's stock had a trading volume of 1,421,106 shares, compared to its average volume of 1,740,362. 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 stock has a market cap of $16.72 billion, a P/E ratio of 58.70, a P/E/G ratio of 1.18 and a beta of 1.70. The company's fifty day simple moving average is $92.36 and its two-hundred day simple moving average is $97.40. TransUnion has a twelve month low of $66.07 and a twelve month high of $113.17.

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TransUnion (NYSE:TRU - Get Free Report) last issued its 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). TransUnion had a return on equity of 15.85% and a net margin of 6.80%. The firm had revenue of $1.04 billion for the quarter, compared to analysts' expectations of $1.03 billion. On average, equities analysts predict that TransUnion will post 3.99 EPS for the current year.

TransUnion announced that its board has initiated a stock buyback plan on Thursday, February 13th that permits the company to buyback $500.00 million in outstanding shares. This buyback authorization permits the business services provider to purchase up to 2.6% of its shares through open market purchases. Shares buyback plans are often an indication that the company's management believes its stock is 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 issued a $0.115 dividend. The ex-dividend date was Thursday, February 27th. This represents a $0.46 dividend on an annualized basis and a yield of 0.54%. This is a positive change from TransUnion's previous quarterly dividend of $0.11. TransUnion's payout ratio is currently 31.51%.

Insider Buying and Selling at TransUnion

In other TransUnion news, EVP Venkat Achanta sold 1,821 shares of the stock in a transaction on Wednesday, February 26th. The shares were sold at an average price of $95.74, for a total transaction of $174,342.54. Following the transaction, the executive vice president now directly owns 105,443 shares in the company, valued at $10,095,112.82. This represents a 1.70 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Steven M. Chaouki sold 1,000 shares of the business's stock in a transaction dated 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 $5,611,923.60. The trade was a 1.68 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 4,021 shares of company stock valued at $383,041 in the last ninety days. Insiders own 0.22% of the company's stock.

Wall Street Analyst Weigh In

TRU has been the subject of a number of recent research reports. UBS Group lifted their price target on shares of TransUnion from $102.00 to $104.00 and gave the stock a "neutral" rating in a research note on Monday, February 3rd. Morgan Stanley decreased their price target on TransUnion from $130.00 to $127.00 and set an "overweight" rating for the company in a report on Tuesday, January 28th. William Blair reiterated an "outperform" rating on shares of TransUnion in a report on Monday. Needham & Company LLC restated a "hold" rating on shares of TransUnion in a research note on Friday, February 14th. Finally, Oppenheimer reduced their price objective on shares of TransUnion from $115.00 to $112.00 and set an "outperform" rating for the company in a research report on Tuesday, January 7th. Five equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price 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.