TransUnion (NYSE:TRU) Shares Sold by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans trimmed its holdings in TransUnion (NYSE:TRU - Free Report) by 9.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 208,334 shares of the business services provider's stock after selling 21,010 shares during the quarter. Thrivent Financial for Lutherans owned approximately 0.11% of TransUnion worth $19,315,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. William Blair Investment Management LLC lifted its position in shares of TransUnion by 30.6% during the fourth quarter. William Blair Investment Management LLC now owns 3,370,742 shares of the business services provider's stock worth $312,501,000 after purchasing an additional 789,497 shares during the last quarter. Envestnet Portfolio Solutions Inc. lifted its holdings in TransUnion by 35.8% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 14,317 shares of the business services provider's stock valued at $1,327,000 after buying an additional 3,774 shares in the last quarter. Natixis Advisors LLC boosted its position in TransUnion by 141.4% in the 4th quarter. Natixis Advisors LLC now owns 55,741 shares of the business services provider's stock valued at $5,168,000 after buying an additional 32,646 shares during the period. Zevin Asset Management LLC boosted its position in TransUnion by 11.4% in the 4th quarter. Zevin Asset Management LLC now owns 110,469 shares of the business services provider's stock valued at $10,242,000 after buying an additional 11,286 shares during the period. Finally, Aviso Financial Inc. grew its stake in TransUnion by 2.7% in the 4th quarter. Aviso Financial Inc. now owns 9,307 shares of the business services provider's stock worth $863,000 after acquiring an additional 243 shares in the last quarter.

Remove Ads

TransUnion Stock Down 2.2 %

TRU traded down $1.95 during trading on Wednesday, hitting $85.71. The stock had a trading volume of 1,421,106 shares, compared to its average volume of 1,554,871. The stock has a 50 day simple moving average of $92.36 and a two-hundred day simple moving average of $97.40. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.70 and a current ratio of 1.70. TransUnion has a twelve month low of $66.07 and a twelve month high of $113.17. The company has a market capitalization of $16.72 billion, a PE ratio of 58.70, a PEG ratio of 1.18 and a beta of 1.70.

TransUnion (NYSE:TRU - Get Free Report) last posted its quarterly earnings data on Thursday, February 13th. The business services provider reported $0.83 earnings per share 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 business had revenue of $1.04 billion during the quarter, compared to analyst estimates of $1.03 billion. On average, research analysts predict that TransUnion will post 3.99 earnings per share for the current year.

TransUnion Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Thursday, February 27th were paid a dividend of $0.115 per share. 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 dividend on an annualized basis and a dividend yield of 0.54%. TransUnion's payout ratio is presently 31.51%.

TransUnion announced that its Board of Directors has approved a share buyback program on Thursday, February 13th that permits the company to buyback $500.00 million in shares. This buyback authorization permits the business services provider to reacquire up to 2.6% of its shares through open market purchases. Shares buyback programs are often an indication that the company's board believes its stock is undervalued.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the company. UBS Group increased their price objective on TransUnion from $102.00 to $104.00 and gave the stock a "neutral" rating in a research note on Monday, February 3rd. Oppenheimer dropped their price target on TransUnion from $115.00 to $112.00 and set an "outperform" rating on the stock in a research report on Tuesday, January 7th. Needham & Company LLC restated a "hold" rating on shares of TransUnion in a report on Friday, February 14th. William Blair reaffirmed an "outperform" rating on shares of TransUnion in a research note on Monday. Finally, Jefferies Financial Group cut their target price on shares of TransUnion from $125.00 to $115.00 and set a "buy" rating on the stock in a research report on Wednesday, January 15th. Five equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to data from MarketBeat, TransUnion has a consensus rating of "Moderate Buy" and an average target price of $111.64.

Insider Activity

In related news, insider Steven M. Chaouki sold 1,000 shares of TransUnion stock in a transaction that occurred 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 sale, the insider now directly owns 58,488 shares in the company, valued at $5,611,923.60. This trade represents a 1.68 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 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 transaction of $174,342.54. Following the transaction, the executive vice president now owns 105,443 shares in the company, valued at $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 a total of 4,021 shares of company stock worth $383,041 over the last 90 days. 0.22% of the stock is currently owned by corporate insiders.

TransUnion Company 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.