Barclays PLC Has $18.68 Million Holdings in TransUnion (NYSE:TRU)

Barclays PLC decreased its holdings in shares of TransUnion (NYSE:TRU - Free Report) by 15.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 201,483 shares of the business services provider's stock after selling 37,135 shares during the period. Barclays PLC owned approximately 0.10% of TransUnion worth $18,680,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Wellington Management Group LLP boosted its holdings in shares of TransUnion by 52.5% in the fourth quarter. Wellington Management Group LLP now owns 6,749,849 shares of the business services provider's stock worth $625,779,000 after buying an additional 2,323,339 shares during the period. Norges Bank purchased a new position in TransUnion during the 4th quarter worth approximately $180,011,000. William Blair Investment Management LLC raised its position in TransUnion by 30.6% during the fourth quarter. William Blair Investment Management LLC now owns 3,370,742 shares of the business services provider's stock valued at $312,501,000 after buying an additional 789,497 shares during the period. FMR LLC lifted its position in shares of TransUnion by 11.1% in the fourth quarter. FMR LLC now owns 5,044,865 shares of the business services provider's stock worth $467,709,000 after purchasing an additional 503,969 shares in the last quarter. Finally, Independent Franchise Partners LLP boosted its stake in shares of TransUnion by 22.0% during the 4th quarter. Independent Franchise Partners LLP now owns 2,086,050 shares of the business services provider's stock valued at $193,398,000 after buying an additional 375,736 shares during the period.

Analyst Ratings Changes

TRU has been the topic of a number of recent research reports. Morgan Stanley lowered their target price on TransUnion from $130.00 to $127.00 and set an "overweight" rating on the stock in a research note on Tuesday, January 28th. Wells Fargo & Company cut their target price on TransUnion from $130.00 to $117.00 and set an "overweight" rating on the stock in a report on Monday, April 14th. UBS Group upped their target price on shares of TransUnion from $102.00 to $104.00 and gave the company a "neutral" rating in a research note on Monday, February 3rd. Bank of America initiated coverage on TransUnion in a research report on Thursday, April 10th. They issued an "underperform" rating and a $84.00 price objective for the company. Finally, Barclays lowered their price objective 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. One research analyst has rated the stock with a sell rating, four have given a hold rating and nine have assigned a buy rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $110.00.

Insiders Place Their Bets

In other news, EVP Venkat Achanta sold 1,821 shares of the stock in a transaction that occurred 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 $10,095,112.82. This represents a 1.70 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Steven M. Chaouki sold 1,000 shares of the business's stock in a transaction that occurred 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 completion of the transaction, the insider now owns 58,488 shares of the company's stock, valued at $5,611,923.60. This trade represents a 1.68 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 4,021 shares of company stock valued at $372,751. 0.25% of the stock is currently owned by corporate insiders.

TransUnion Price Performance

Shares of TRU traded down $0.42 during trading hours on Friday, hitting $82.05. The stock had a trading volume of 729,092 shares, compared to its average volume of 1,683,999. TransUnion has a 52 week low of $66.38 and a 52 week high of $113.17. The stock has a market capitalization of $16.01 billion, a price-to-earnings ratio of 56.19, a P/E/G ratio of 1.18 and a beta of 1.67. The company's fifty day moving average is $82.82 and its two-hundred day moving average is $93.23. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.70 and a quick ratio of 1.70.

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 the consensus estimate of $0.97 by ($0.14). TransUnion had a return on equity of 15.85% and a net margin of 6.80%. The firm had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $1.03 billion. On average, analysts anticipate that TransUnion will post 3.99 EPS for the current year.

TransUnion Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Thursday, February 27th were given 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 annualized dividend and a yield of 0.56%. TransUnion's payout ratio is presently 31.51%.

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

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.