Cary Street Partners Financial LLC Makes New Investment in TransUnion (NYSE:TRU)

Cary Street Partners Financial LLC bought a new position in shares of TransUnion (NYSE:TRU - Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The fund bought 3,950 shares of the business services provider's stock, valued at approximately $366,000.

Other institutional investors have also modified their holdings of the company. Townsquare Capital LLC grew its stake in TransUnion by 1.0% during the 4th quarter. Townsquare Capital LLC now owns 10,311 shares of the business services provider's stock worth $956,000 after buying an additional 100 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in TransUnion by 1.0% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 13,597 shares of the business services provider's stock worth $1,261,000 after buying an additional 131 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. Yousif Capital Management LLC grew its stake in TransUnion by 4.0% during the 4th quarter. Yousif Capital Management LLC now owns 3,608 shares of the business services provider's stock worth $334,000 after buying an additional 139 shares during the last quarter. Finally, PNC Financial Services Group Inc. grew its stake in TransUnion by 5.6% during the 4th quarter. PNC Financial Services Group Inc. now owns 2,642 shares of the business services provider's stock worth $245,000 after buying an additional 139 shares during the last quarter.

TransUnion Trading Down 0.3%

Shares of NYSE TRU traded down $0.25 during mid-day trading on Tuesday, hitting $91.46. 1,509,350 shares of the company traded hands, compared to its average volume of 1,674,559. TransUnion has a 1 year low of $66.38 and a 1 year high of $113.17. The stock has a market capitalization of $17.84 billion, a price-to-earnings ratio of 62.64, a PEG ratio of 1.18 and a beta of 1.67. 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 business has a 50 day moving average of $80.94 and a two-hundred day moving average of $91.22.

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

TransUnion declared that its Board of Directors has authorized a stock repurchase program on Thursday, February 13th that permits the company to repurchase $500.00 million in outstanding shares. This repurchase authorization permits the business services provider to repurchase up to 2.6% of its shares through open market purchases. Shares repurchase programs are often an indication that the company's board of directors believes its stock is undervalued.

TransUnion Dividend Announcement

The firm 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 0.50%. The ex-dividend date is Thursday, May 22nd. TransUnion's dividend payout ratio is currently 24.47%.

Insider Buying and Selling

In other TransUnion news, EVP Venkat Achanta sold 1,821 shares of the company's stock in a transaction dated Wednesday, February 26th. The stock was sold at an average price of $95.74, for a total value of $174,342.54. Following the transaction, 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 sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Steven M. Chaouki sold 1,000 shares of the company's stock in a transaction dated Tuesday, April 1st. The stock was sold at an average price of $83.31, for a total value of $83,310.00. Following the completion of 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 ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 4,021 shares of company stock valued at $359,761. Corporate insiders own 0.22% of the company's stock.

Analyst Upgrades and Downgrades

TRU has been the subject of a number of recent research reports. Jefferies Financial Group lowered their price objective on TransUnion from $125.00 to $115.00 and set a "buy" rating for the company in a research note on Wednesday, January 15th. Morgan Stanley decreased their price target on TransUnion from $130.00 to $127.00 and set an "overweight" rating for the company in a research note on Tuesday, January 28th. Bank of America assumed coverage on shares of TransUnion in a research report on Thursday, April 10th. They set an "underperform" rating and a $84.00 price target on the stock. Oppenheimer increased their price objective on shares of TransUnion from $93.00 to $96.00 and gave the company an "outperform" rating in a report on Friday, April 25th. Finally, 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. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and nine have assigned a buy rating to the stock. According to MarketBeat.com, TransUnion currently has a consensus rating of "Moderate Buy" and a consensus price target of $109.38.

About TransUnion

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.