Bayesian Capital Management LP Invests $2.17 Million in TransUnion (NYSE:TRU)

Bayesian Capital Management LP bought a new position in TransUnion (NYSE:TRU - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 23,382 shares of the business services provider's stock, valued at approximately $2,168,000.

Other hedge funds have also modified their holdings of the company. Virtu Financial LLC bought a new position in shares of TransUnion during the 3rd quarter worth approximately $444,000. Principal Financial Group Inc. increased its position in shares of TransUnion by 1,428.4% during the third quarter. Principal Financial Group Inc. now owns 226,771 shares of the business services provider's stock worth $23,743,000 after purchasing an additional 211,934 shares in the last quarter. Versant Capital Management Inc lifted its holdings 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 valued at $40,000 after purchasing an additional 193 shares during the last quarter. GAMMA Investing LLC grew its stake in TransUnion by 14.4% during the 4th quarter. GAMMA Investing LLC now owns 1,094 shares of the business services provider's stock worth $101,000 after buying an additional 138 shares during the last quarter. Finally, Everence Capital Management Inc. acquired a new position in TransUnion during the 4th quarter valued at about $251,000.

Wall Street Analyst Weigh In

TRU has been the subject of several recent analyst reports. Stifel Nicolaus lowered their price target on TransUnion from $120.00 to $112.00 and set a "buy" rating for the company in a report on Friday, April 25th. Bank of America started coverage on shares of TransUnion in a research note on Thursday, April 10th. They issued an "underperform" rating and a $84.00 target price for the company. UBS Group upped their price target 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. Wells Fargo & Company dropped their price objective on shares of TransUnion from $130.00 to $117.00 and set an "overweight" rating on the stock in a report on Monday, April 14th. Finally, Morgan Stanley reduced their target price on TransUnion from $130.00 to $127.00 and set an "overweight" rating for the company in a research note on Tuesday, January 28th. One equities 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. Based on data from MarketBeat, TransUnion presently has a consensus rating of "Moderate Buy" and an average target price of $109.38.

TransUnion Stock Performance

Shares of TRU traded down $0.04 during trading hours on Friday, hitting $86.39. The stock had a trading volume of 1,736,741 shares, compared to its average volume of 1,673,162. The firm has a market capitalization of $16.85 billion, a price-to-earnings ratio of 59.17, a PEG ratio of 1.18 and a beta of 1.67. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.70 and a current ratio of 1.70. The firm has a 50-day moving average price of $80.82 and a 200 day moving average price of $91.40. 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 posted its earnings results on Thursday, April 24th. The business services provider reported $1.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.98 by $0.07. TransUnion had a net margin of 6.80% and a return on equity of 15.85%. The business had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.07 billion. During the same period in the prior year, the company posted $0.92 EPS. The company's revenue for the quarter was up 7.3% on a year-over-year basis. As a group, research analysts anticipate that TransUnion will post 3.99 EPS for the current year.

TransUnion Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 6th. Investors of record on Thursday, May 22nd will be paid a $0.115 dividend. This represents a $0.46 annualized dividend and a yield of 0.53%. The ex-dividend date of this dividend is Thursday, May 22nd. TransUnion's dividend payout ratio is currently 24.47%.

TransUnion announced that its board has authorized a stock repurchase 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 reacquire up to 2.6% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company's board of directors believes its stock is undervalued.

Insider Buying and Selling at TransUnion

In other news, insider Steven M. Chaouki sold 1,000 shares of the business's stock in a transaction dated Thursday, May 1st. The shares were sold at an average price of $82.96, for a total transaction of $82,960.00. Following the transaction, the insider now owns 76,393 shares of the company's stock, valued at approximately $6,337,563.28. The trade was a 1.29 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Venkat Achanta sold 1,821 shares of the company's stock in a transaction dated Wednesday, February 26th. The shares were sold at an average price of $95.74, for a total transaction of $174,342.54. Following the completion of 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 disclosure for this sale can be found here. In the last 90 days, insiders have sold 4,021 shares of company stock worth $359,761. Corporate insiders own 0.25% 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.