Sherbrooke Park Advisers LLC Invests $687,000 in TransUnion (NYSE:TRU)

Sherbrooke Park Advisers LLC purchased a new stake in TransUnion (NYSE:TRU - Free Report) in the 4th quarter, according to its most recent disclosure with the SEC. The fund purchased 7,415 shares of the business services provider's stock, valued at approximately $687,000.

Several other hedge funds and other institutional investors have also modified their holdings of TRU. Sora Investors LLC lifted its stake in TransUnion by 5.2% in the fourth quarter. Sora Investors LLC now owns 142,863 shares of the business services provider's stock valued at $13,245,000 after buying an additional 7,062 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. bought a new stake in TransUnion in the fourth quarter valued at $115,000. Point72 Asset Management L.P. bought a new stake in TransUnion in the fourth quarter valued at $74,283,000. Point72 Europe London LLP lifted its stake in TransUnion by 64.7% in the fourth quarter. Point72 Europe London LLP now owns 100,800 shares of the business services provider's stock valued at $9,345,000 after buying an additional 39,600 shares during the last quarter. Finally, Point72 Hong Kong Ltd acquired a new stake in TransUnion in the 4th quarter valued at approximately $1,683,000.

TransUnion Trading Up 1.6%

Shares of TransUnion stock traded up $1.35 on Thursday, reaching $83.67. 1,149,844 shares of the company were exchanged, compared to its average volume of 1,683,353. The stock has a fifty day moving average price of $81.79 and a 200-day moving average price of $90.78. The firm has a market capitalization of $16.32 billion, a price-to-earnings ratio of 57.18, a price-to-earnings-growth ratio of 1.18 and a beta of 1.67. The company has a current ratio of 1.70, a quick ratio of 1.70 and a debt-to-equity ratio of 1.18. TransUnion has a fifty-two week low of $66.38 and a fifty-two week high of $113.17.

TransUnion (NYSE:TRU - Get Free Report) last announced its earnings results on Thursday, April 24th. The business services provider reported $1.05 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.98 by $0.07. TransUnion had a return on equity of 15.85% and a net margin of 6.80%. The company had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.07 billion. During the same period in the previous year, the firm earned $0.92 earnings per share. TransUnion's revenue for the quarter was up 7.3% compared to the same quarter last year. On average, analysts expect that TransUnion will post 3.99 EPS for the current year.

TransUnion announced that its Board of Directors has initiated a stock 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 purchase up to 2.6% of its stock through open market purchases. Stock buyback programs are usually an indication that the company's management believes its shares are undervalued.

TransUnion Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 6th. Shareholders of record on Thursday, May 22nd will be given a dividend of $0.115 per share. This represents a $0.46 annualized dividend and a yield of 0.55%. The ex-dividend date is Thursday, May 22nd. TransUnion's payout ratio is 24.47%.

Insiders Place Their Bets

In other TransUnion news, insider Steven M. Chaouki sold 1,000 shares of TransUnion stock in a transaction that occurred on Tuesday, April 1st. The shares were sold at an average price of $83.31, for a total transaction of $83,310.00. Following the transaction, the insider now directly owns 77,393 shares in the company, valued at approximately $6,447,610.83. The trade was a 1.28% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Venkat Achanta sold 1,821 shares of the firm's stock in a transaction that occurred on Wednesday, February 26th. The stock was sold at an average price of $95.74, for a total transaction of $174,342.54. Following the sale, the executive vice president now owns 105,443 shares of the company's stock, valued at approximately $10,095,112.82. This represents a 1.70% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 4,021 shares of company stock worth $359,761. Corporate insiders own 0.22% of the company's stock.

Wall Street Analyst Weigh In

Several analysts recently commented on TRU shares. William Blair restated an "outperform" rating on shares of TransUnion in a research report on Monday, March 24th. UBS Group raised their target price on TransUnion from $102.00 to $104.00 and gave the company a "neutral" rating in a research report on Monday, February 3rd. Barclays lowered their target price on TransUnion from $105.00 to $85.00 and set an "equal weight" rating on the stock in a research report on Friday, April 4th. Wells Fargo & Company lowered their target price on TransUnion from $130.00 to $117.00 and set an "overweight" rating on the stock in a research report on Monday, April 14th. Finally, Stifel Nicolaus lowered their target price on TransUnion from $120.00 to $112.00 and set a "buy" rating on the stock in a research report on Friday, April 25th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and nine have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $109.69.

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.