UniSuper Management Pty Ltd Grows Stock Holdings in TransUnion (NYSE:TRU)

UniSuper Management Pty Ltd grew its stake in shares of TransUnion (NYSE:TRU - Free Report) by 2,442.3% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 119,488 shares of the business services provider's stock after purchasing an additional 114,788 shares during the period. UniSuper Management Pty Ltd owned approximately 0.06% of TransUnion worth $11,078,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in TRU. JPMorgan Chase & Co. grew its position in shares of TransUnion by 39.5% in the fourth quarter. JPMorgan Chase & Co. now owns 315,530 shares of the business services provider's stock valued at $29,253,000 after purchasing an additional 89,340 shares during the period. Artisan Partners Limited Partnership grew its stake in TransUnion by 45.0% in the fourth quarter. Artisan Partners Limited Partnership now owns 53,475 shares of the business services provider's stock worth $4,958,000 after purchasing an additional 16,595 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. lifted its position in shares of TransUnion by 7.5% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 137,769 shares of the business services provider's stock worth $12,712,000 after buying an additional 9,603 shares during the last quarter. Korea Investment CORP grew its holdings in shares of TransUnion by 18.6% during the fourth quarter. Korea Investment CORP now owns 143,091 shares of the business services provider's stock valued at $13,266,000 after purchasing an additional 22,414 shares during the last quarter. Finally, EntryPoint Capital LLC bought a new stake in shares of TransUnion in the 4th quarter worth approximately $417,000.

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Analysts Set New Price Targets

A number of research analysts recently commented on the stock. Jefferies Financial Group lowered their price objective on shares of 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 research report on Friday, February 14th. Morgan Stanley lowered their price objective on TransUnion from $130.00 to $127.00 and set an "overweight" rating on the stock in a report on Tuesday, January 28th. 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. Finally, UBS Group raised their price objective on shares of TransUnion from $102.00 to $104.00 and gave the stock a "neutral" rating in a report on Monday, February 3rd. Four investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $114.08.

Insider Activity at TransUnion

In other TransUnion news, insider Steven M. Chaouki sold 1,000 shares of the company's stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of $93.60, for a total value of $93,600.00. Following the completion of the sale, the insider now owns 59,488 shares in the company, valued at $5,568,076.80. This represents a 1.65 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, EVP Venkat Achanta sold 1,821 shares of the business's stock in a transaction dated 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 $10,095,112.82. The trade was a 1.70 % decrease in their ownership of the stock. 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 three months. Company insiders own 0.22% of the company's stock.

TransUnion Stock Performance

TransUnion stock traded up $0.96 during midday trading on Monday, reaching $83.21. The stock had a trading volume of 1,075,624 shares, compared to its average volume of 1,600,121. 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 has a 12 month low of $66.07 and a 12 month high of $113.17. The firm has a market capitalization of $16.23 billion, a PE ratio of 56.86, a P/E/G ratio of 1.18 and a beta of 1.70. The firm's 50-day moving average price is $91.72 and its 200 day moving average price is $97.14.

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 (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 the consensus estimate of $1.03 billion. TransUnion had a return on equity of 15.85% and a net margin of 6.80%. As a group, research analysts predict that TransUnion will post 3.99 earnings per share for the current fiscal year.

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 given a dividend of $0.115 per share. The ex-dividend date was Thursday, February 27th. This represents a $0.46 annualized dividend and a yield of 0.55%. This is a positive change from TransUnion's previous quarterly dividend of $0.11. TransUnion's dividend payout ratio (DPR) is currently 31.51%.

TransUnion announced that its Board of Directors has initiated a stock repurchase plan on Thursday, February 13th that authorizes the company to buyback $500.00 million in outstanding shares. This buyback authorization authorizes the business services provider to reacquire up to 2.6% of its shares through open market purchases. Shares buyback plans are often a sign that the company's management believes its shares are undervalued.

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.