Vinva Investment Management Ltd Purchases 13,400 Shares of TransUnion (NYSE:TRU)

Vinva Investment Management Ltd lifted its position in shares of TransUnion (NYSE:TRU - Free Report) by 85.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 29,059 shares of the business services provider's stock after purchasing an additional 13,400 shares during the period. Vinva Investment Management Ltd's holdings in TransUnion were worth $2,695,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of TRU. Xponance Inc. grew its holdings in shares of TransUnion by 23.4% during the 4th quarter. Xponance Inc. now owns 22,517 shares of the business services provider's stock worth $2,088,000 after acquiring an additional 4,274 shares during the period. William Blair Investment Management LLC grew its stake in TransUnion by 30.6% in 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 period. Envestnet Portfolio Solutions Inc. raised its holdings in TransUnion by 35.8% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 14,317 shares of the business services provider's stock worth $1,327,000 after purchasing an additional 3,774 shares in the last quarter. Natixis Advisors LLC lifted its position in TransUnion by 141.4% during the fourth 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. Finally, Zevin Asset Management LLC boosted its holdings in shares of TransUnion by 11.4% during 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 in the last quarter.

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Analyst Ratings Changes

TRU has been the subject of a number of recent research reports. Oppenheimer lowered their price target 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. Wells Fargo & Company dropped their price target on TransUnion from $135.00 to $126.00 and set an "overweight" rating on the stock in a research report on Friday, January 10th. Jefferies Financial Group cut their price target on TransUnion from $125.00 to $115.00 and set a "buy" rating on the stock in a research note on Wednesday, January 15th. UBS Group boosted their target price on TransUnion from $102.00 to $104.00 and gave the stock a "neutral" rating in a report on Monday, February 3rd. Finally, Morgan Stanley reduced 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. Five investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $111.64.

TransUnion Stock Performance

NYSE:TRU traded up $2.43 during mid-day trading on Monday, reaching $87.77. The company's stock had a trading volume of 1,530,027 shares, compared to its average volume of 1,554,100. The firm's fifty day moving average price is $92.42 and its two-hundred day moving average price is $97.50. The company has a current ratio of 1.70, a quick ratio of 1.70 and a debt-to-equity ratio of 1.18. The stock has a market cap of $17.12 billion, a P/E ratio of 60.12, a PEG ratio of 1.18 and a beta of 1.70. TransUnion has a 12-month low of $66.07 and a 12-month high of $113.17.

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

TransUnion Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Thursday, February 27th were issued a $0.115 dividend. This is an increase 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 yield of 0.52%. TransUnion's dividend payout ratio is currently 31.51%.

TransUnion declared that its board has authorized a share buyback 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 purchase 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 shares are undervalued.

Insiders Place Their Bets

In other news, insider Steven M. Chaouki sold 1,000 shares of TransUnion stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of $93.60, for a total transaction of $93,600.00. Following the transaction, the insider now owns 59,488 shares in the company, valued at $5,568,076.80. This trade represents a 1.65 % decrease in their position. The sale was disclosed in a legal 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 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 sale, the executive vice president now directly owns 105,443 shares of the company's stock, valued at approximately $10,095,112.82. The trade was a 1.70 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 4,021 shares of company stock valued at $383,041. Insiders own 0.22% of the company's stock.

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.