TransUnion (NYSE:TRU) Shares Bought by Victory Capital Management Inc.

Victory Capital Management Inc. boosted its stake in shares of TransUnion (NYSE:TRU - Free Report) by 1.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,728,000 shares of the business services provider's stock after buying an additional 29,750 shares during the quarter. Victory Capital Management Inc. owned approximately 1.40% of TransUnion worth $252,913,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in TRU. International Assets Investment Management LLC raised its holdings in shares of TransUnion by 10,369.6% in the 3rd quarter. International Assets Investment Management LLC now owns 5,863 shares of the business services provider's stock valued at $614,000 after purchasing an additional 5,807 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in shares of TransUnion by 146.1% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 13,466 shares of the business services provider's stock valued at $1,410,000 after purchasing an additional 7,995 shares in the last quarter. First Trust Direct Indexing L.P. bought a new stake in shares of TransUnion in the 3rd quarter valued at about $203,000. Harbor Capital Advisors Inc. raised its holdings in shares of TransUnion by 72.8% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 16,946 shares of the business services provider's stock valued at $1,774,000 after purchasing an additional 7,142 shares in the last quarter. Finally, QRG Capital Management Inc. raised its holdings in shares of TransUnion by 3.5% in the 3rd quarter. QRG Capital Management Inc. now owns 9,643 shares of the business services provider's stock valued at $1,010,000 after purchasing an additional 325 shares in the last quarter.

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Insider Activity

In other news, EVP Venkat Achanta sold 1,821 shares of the company's stock in a transaction 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 sale, the executive vice president now directly owns 105,443 shares of the company's stock, 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 Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Steven M. Chaouki sold 1,000 shares of the stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $93.60, for a total transaction of $93,600.00. Following the sale, the insider now directly owns 59,488 shares in the company, valued at $5,568,076.80. This trade represents a 1.65 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 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

Several equities research analysts have recently commented on the stock. UBS Group boosted their price target on shares of TransUnion from $102.00 to $104.00 and gave the company a "neutral" rating in a report on Monday, February 3rd. Needham & Company LLC reiterated a "hold" rating on shares of TransUnion in a research note on Friday, February 14th. Jefferies Financial Group reduced their price objective on shares of TransUnion from $125.00 to $115.00 and set a "buy" rating for the company in a research note on Wednesday, January 15th. Morgan Stanley reduced their price objective on shares of TransUnion from $130.00 to $127.00 and set an "overweight" rating for the company in a research note on Tuesday, January 28th. Finally, Wells Fargo & Company reduced their price objective on shares of TransUnion from $135.00 to $126.00 and set an "overweight" rating for the company in a research note on Friday, January 10th. Five analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $111.64.

TransUnion Stock Performance

NYSE:TRU traded down $0.94 during trading hours on Friday, hitting $86.37. 2,367,612 shares of the company were exchanged, compared to its average volume of 1,523,885. The stock has a market capitalization of $16.85 billion, a price-to-earnings ratio of 59.15, a PEG ratio of 1.18 and a beta of 1.63. TransUnion has a 52-week low of $66.07 and a 52-week high of $113.17. 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 company's 50 day moving average price is $93.97 and its 200-day moving average price is $98.33.

TransUnion (NYSE:TRU - Get Free Report) last released its quarterly earnings data on Thursday, February 13th. The business services provider reported $0.83 EPS for the quarter, missing the consensus estimate of $0.97 by ($0.14). The business had revenue of $1.04 billion during the quarter, compared to analysts' expectations of $1.03 billion. TransUnion had a net margin of 6.80% and a return on equity of 15.85%. As a group, research analysts forecast that TransUnion will post 3.99 earnings per share for the current year.

TransUnion announced that its Board of Directors has initiated a share buyback program 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 repurchase up to 2.6% of its shares through open market purchases. Shares buyback programs are usually a sign that the company's board believes its stock is undervalued.

TransUnion Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Thursday, February 27th will be issued a $0.115 dividend. 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 0.53%. The ex-dividend date is Thursday, February 27th. TransUnion's dividend payout ratio is 31.51%.

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.