UniSuper Management Pty Ltd Buys 114,788 Shares of TransUnion (NYSE:TRU)

UniSuper Management Pty Ltd raised its position in shares of TransUnion (NYSE:TRU) by 2,442.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 119,488 shares of the business services provider’s stock after acquiring an additional 114,788 shares during the period. UniSuper Management Pty Ltd owned approximately 0.06% of TransUnion worth $11,078,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Versant Capital Management Inc lifted its stake in shares of TransUnion by 82.1% during the 4th quarter. Versant Capital Management Inc now owns 428 shares of the business services provider’s stock worth $40,000 after acquiring an additional 193 shares during the last quarter. True Wealth Design LLC lifted its position in shares of TransUnion by 4,590.0% during the third quarter. True Wealth Design LLC now owns 469 shares of the business services provider’s stock worth $49,000 after purchasing an additional 459 shares during the last quarter. Retirement Wealth Solutions LLC purchased a new stake in shares of TransUnion during the fourth quarter valued at $44,000. Kestra Investment Management LLC bought a new position in shares of TransUnion in the fourth quarter worth about $51,000. Finally, Smartleaf Asset Management LLC increased its stake in TransUnion by 28.8% in the 4th quarter. Smartleaf Asset Management LLC now owns 733 shares of the business services provider’s stock worth $68,000 after buying an additional 164 shares during the period.

Insider Transactions at TransUnion

In other TransUnion news, EVP Venkat Achanta sold 1,821 shares of the firm’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 completion of the transaction, the executive vice president now owns 105,443 shares of the company’s stock, valued at approximately $10,095,112.82. This trade represents a 1.70 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Steven M. Chaouki sold 1,000 shares of TransUnion stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $95.95, for a total transaction of $95,950.00. Following the sale, the insider now owns 58,488 shares of the company’s stock, valued at $5,611,923.60. The trade was a 1.68 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 4,021 shares of company stock worth $383,041. Insiders own 0.22% of the company’s stock.

TransUnion Trading Down 1.3 %

NYSE TRU opened at $84.63 on Friday. TransUnion has a 52 week low of $66.07 and a 52 week high of $113.17. The company has a 50 day moving average price of $91.97 and a 200 day moving average price of $97.23. 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 firm has a market cap of $16.51 billion, a PE ratio of 57.96, a price-to-earnings-growth ratio of 1.18 and a beta of 1.70.

TransUnion (NYSE:TRU) last issued its quarterly earnings results 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 business had revenue of $1.04 billion for the quarter, compared to analyst estimates of $1.03 billion. TransUnion had a return on equity of 15.85% and a net margin of 6.80%. As a group, sell-side analysts forecast that TransUnion will post 3.99 EPS for the current fiscal year.

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.

TransUnion Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Thursday, February 27th were issued a $0.115 dividend. This represents a $0.46 annualized dividend and a yield of 0.54%. The ex-dividend date of this dividend was Thursday, February 27th. This is an increase from TransUnion’s previous quarterly dividend of $0.11. TransUnion’s dividend payout ratio (DPR) is currently 31.51%.

Analyst Upgrades and Downgrades

TRU has been the topic of a number of research analyst reports. Wells Fargo & Company dropped their target price on shares of TransUnion from $135.00 to $126.00 and set an “overweight” rating on the stock in a research note on Friday, January 10th. Needham & Company LLC restated a “hold” rating on shares of TransUnion in a report on Friday, February 14th. Morgan Stanley dropped their price target on TransUnion from $130.00 to $127.00 and set an “overweight” rating on the stock in a research report on Tuesday, January 28th. UBS Group raised their price target on TransUnion from $102.00 to $104.00 and gave the company a “neutral” rating in a research note on Monday, February 3rd. Finally, Oppenheimer lowered their price objective on shares of TransUnion from $115.00 to $112.00 and set an “outperform” rating for the company in a research note on Tuesday, January 7th. Four research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. Based on data from MarketBeat, TransUnion has a consensus rating of “Moderate Buy” and a consensus target price of $114.08.

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.