TransUnion (NYSE:TRU) Shares Bought by Ensign Peak Advisors Inc

Ensign Peak Advisors Inc lifted its holdings in TransUnion (NYSE:TRU - Free Report) by 1.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 421,338 shares of the business services provider's stock after acquiring an additional 6,000 shares during the period. Ensign Peak Advisors Inc owned 0.22% of TransUnion worth $39,062,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Massachusetts Financial Services Co. MA boosted its stake in shares of TransUnion by 1.9% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 19,540,131 shares of the business services provider's stock worth $1,811,566,000 after purchasing an additional 359,569 shares during the period. Vanguard Group Inc. boosted its holdings in TransUnion by 1.4% in the fourth quarter. Vanguard Group Inc. now owns 18,066,657 shares of the business services provider's stock worth $1,674,960,000 after acquiring an additional 241,019 shares in the last quarter. Wellington Management Group LLP increased its stake in TransUnion by 52.5% during the 4th quarter. Wellington Management Group LLP now owns 6,749,849 shares of the business services provider's stock valued at $625,779,000 after purchasing an additional 2,323,339 shares in the last quarter. Van ECK Associates Corp raised its holdings in shares of TransUnion by 7.4% in the fourth quarter. Van ECK Associates Corp now owns 5,139,607 shares of the business services provider's stock worth $476,493,000 after buying an additional 356,306 shares during the last quarter. Finally, FMR LLC increased its stake 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 acquiring an additional 503,969 shares during the period.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on TRU. Bank of America started coverage on shares of TransUnion in a report on Thursday, April 10th. They set an "underperform" rating and a $84.00 price target on the stock. Oppenheimer raised their price objective on shares of TransUnion from $93.00 to $96.00 and gave the stock an "outperform" rating in a research report on Friday, April 25th. Morgan Stanley lowered their price target on TransUnion from $130.00 to $127.00 and set an "overweight" rating for the company in a research report on Tuesday, January 28th. Stifel Nicolaus dropped their target price on TransUnion from $120.00 to $112.00 and set a "buy" rating for the company in a research report on Friday, April 25th. Finally, UBS Group boosted their price target on shares of TransUnion from $102.00 to $104.00 and gave the stock a "neutral" rating in a research note on Monday, February 3rd. One research analyst has rated the stock with a sell rating, four have issued a hold rating and nine have given a buy rating to the stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $109.38.

Insiders Place Their Bets

In other TransUnion news, insider Steven M. Chaouki sold 1,000 shares of TransUnion 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 sale, the insider now owns 77,393 shares in the company, valued at $6,447,610.83. The trade was a 1.28% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Venkat Achanta sold 1,821 shares of the stock in a transaction dated Wednesday, February 26th. The stock was sold at an average price of $95.74, for a total transaction of $174,342.54. Following the transaction, the executive vice president now owns 105,443 shares in the company, valued at approximately $10,095,112.82. The trade was a 1.70% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 4,021 shares of company stock worth $359,761. Corporate insiders own 0.22% of the company's stock.

TransUnion Stock Performance

Shares of TransUnion stock traded down $0.73 during trading on Wednesday, reaching $90.74. The company's stock had a trading volume of 1,145,306 shares, compared to its average volume of 1,673,892. The company has a current ratio of 1.70, a quick ratio of 1.70 and a debt-to-equity ratio of 1.18. The firm has a market cap of $17.70 billion, a PE ratio of 62.15, a P/E/G ratio of 1.18 and a beta of 1.67. The company has a 50-day moving average price of $81.03 and a two-hundred day moving average price of $91.21. 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 quarterly earnings data on Thursday, April 24th. The business services provider reported $1.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.98 by $0.07. The company had revenue of $1.10 billion for the quarter, compared to analysts' expectations of $1.07 billion. TransUnion had a net margin of 6.80% and a return on equity of 15.85%. TransUnion's revenue was up 7.3% compared to the same quarter last year. During the same period in the previous year, the company posted $0.92 EPS. On average, analysts forecast that TransUnion will post 3.99 EPS for the current year.

TransUnion Dividend Announcement

The business also recently announced 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. The ex-dividend date is Thursday, May 22nd. This represents a $0.46 annualized dividend and a dividend yield of 0.51%. TransUnion's payout ratio is currently 24.47%.

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

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.