Wellington Management Group LLP Has $625.78 Million Position in TransUnion (NYSE:TRU)

Wellington Management Group LLP increased its holdings in shares of TransUnion (NYSE:TRU - Free Report) by 52.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,749,849 shares of the business services provider's stock after acquiring an additional 2,323,339 shares during the quarter. Wellington Management Group LLP owned about 3.46% of TransUnion worth $625,779,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. O Shaughnessy Asset Management LLC increased its holdings in shares of TransUnion by 12.3% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 5,338 shares of the business services provider's stock valued at $495,000 after purchasing an additional 586 shares during the last quarter. Allstate Corp bought a new stake in shares of TransUnion during the 4th quarter worth about $525,000. Brown Brothers Harriman & Co. acquired a new position in TransUnion in the 4th quarter valued at about $47,000. Orion Portfolio Solutions LLC raised its holdings in TransUnion by 56.4% in the 4th quarter. Orion Portfolio Solutions LLC now owns 8,876 shares of the business services provider's stock valued at $823,000 after acquiring an additional 3,201 shares during the period. Finally, Norges Bank acquired a new stake in TransUnion during the fourth quarter worth approximately $180,011,000.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on TRU shares. Jefferies Financial Group decreased their target price on TransUnion from $125.00 to $115.00 and set a "buy" rating on the stock in a research report on Wednesday, January 15th. Wells Fargo & Company decreased 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. Morgan Stanley dropped their target price on TransUnion from $130.00 to $127.00 and set an "overweight" rating for the company in a report on Tuesday, January 28th. Needham & Company LLC reissued a "hold" rating on shares of TransUnion in a research report on Friday, February 14th. Finally, Oppenheimer lowered their price target on shares of TransUnion from $115.00 to $112.00 and set an "outperform" rating on the stock in a research report on Tuesday, January 7th. Four 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, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $114.08.

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Insider Activity at TransUnion

In related news, insider Steven M. Chaouki sold 1,000 shares of the company's stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $95.95, for a total transaction of $95,950.00. Following the completion of the transaction, the insider now directly owns 58,488 shares in the company, valued at $5,611,923.60. This represents a 1.68 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Venkat Achanta sold 1,821 shares of the firm'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 transaction of $174,342.54. Following the completion of the sale, the executive vice president now owns 105,443 shares in the company, valued at $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 3,021 shares of company stock valued at $289,441 over the last ninety days. 0.25% of the stock is owned by corporate insiders.

TransUnion Price Performance

Shares of NYSE:TRU traded down $10.39 during midday trading on Thursday, hitting $75.35. The stock had a trading volume of 3,949,258 shares, compared to its average volume of 1,620,197. The company's 50-day moving average price is $91.01 and its 200-day moving average price is $96.84. 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. The company has a market capitalization of $14.70 billion, a P/E ratio of 51.61, a price-to-earnings-growth ratio of 1.18 and a beta of 1.70.

TransUnion (NYSE:TRU - Get Free Report) last announced its quarterly earnings data 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 net margin of 6.80% and a return on equity of 15.85%. The firm had revenue of $1.04 billion during the quarter, compared to the consensus estimate of $1.03 billion. As a group, equities research analysts predict that TransUnion will post 3.99 EPS for the current fiscal year.

TransUnion Increases Dividend

The firm also recently disclosed 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 an increase from TransUnion's previous quarterly dividend of $0.11. This represents a $0.46 annualized dividend and a dividend yield of 0.61%. The ex-dividend date of this dividend was Thursday, February 27th. TransUnion's dividend payout ratio is currently 31.51%.

TransUnion announced that its board has authorized 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 reacquire up to 2.6% of its shares through open market purchases. Shares buyback plans are generally an indication that the company's leadership believes its stock is undervalued.

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.