116,341 Shares in TransUnion (NYSE:TRU) Purchased by Sone Capital Management LLC

Sone Capital Management LLC bought a new position in TransUnion (NYSE:TRU - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 116,341 shares of the business services provider's stock, valued at approximately $10,786,000. TransUnion comprises approximately 1.4% of Sone Capital Management LLC's holdings, making the stock its 24th biggest holding. Sone Capital Management LLC owned 0.06% of TransUnion as of its most recent filing with the SEC.

A number of other hedge funds also recently bought and sold shares of TRU. Wellington Management Group LLP lifted its position in TransUnion by 52.5% in the 4th 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 last quarter. Norges Bank bought a new stake in TransUnion in the 4th quarter worth approximately $180,011,000. Point72 Asset Management L.P. bought a new stake in TransUnion in the 4th quarter worth approximately $74,283,000. William Blair Investment Management LLC lifted its position in TransUnion by 30.6% in the 4th quarter. William Blair Investment Management LLC now owns 3,370,742 shares of the business services provider's stock worth $312,501,000 after buying an additional 789,497 shares during the last quarter. Finally, FMR LLC lifted its position in TransUnion by 11.1% in the 4th quarter. FMR LLC now owns 5,044,865 shares of the business services provider's stock worth $467,709,000 after buying an additional 503,969 shares during the last quarter.

Insider Buying and Selling

In related news, insider Steven M. Chaouki sold 1,000 shares of the company's stock in a transaction on Tuesday, April 1st. The stock was sold at an average price of $83.31, for a total value of $83,310.00. Following the sale, the insider now directly owns 77,393 shares of the company's stock, valued at $6,447,610.83. This represents a 1.28% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Venkat Achanta sold 1,821 shares of the company's stock in a transaction on Wednesday, February 26th. The stock was sold at an average price of $95.74, for a total value of $174,342.54. Following the completion of the sale, the executive vice president now directly 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. Insiders have sold a total of 4,021 shares of company stock valued at $359,761 over the last ninety days. Company insiders own 0.22% of the company's stock.

Analysts Set New Price Targets

TRU has been the subject of a number of recent research reports. Barclays dropped their target price on TransUnion from $105.00 to $85.00 and set an "equal weight" rating for the company in a research report on Friday, April 4th. Stifel Nicolaus lowered their price objective on TransUnion from $120.00 to $112.00 and set a "buy" rating for the company in a research report on Friday, April 25th. Morgan Stanley lowered their price objective on TransUnion from $130.00 to $127.00 and set an "overweight" rating for the company in a research report on Tuesday, January 28th. Oppenheimer boosted their price objective on TransUnion from $96.00 to $100.00 and gave the company an "outperform" rating in a research report on Thursday. Finally, 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. One analyst has rated the stock with a sell rating, four have issued a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat.com, TransUnion presently has an average rating of "Moderate Buy" and a consensus price target of $109.69.

TransUnion Trading Up 2.6%

Shares of TRU traded up $2.12 during mid-day trading on Thursday, hitting $84.55. 3,026,891 shares of the company's stock traded hands, compared to its average volume of 1,691,154. The company has a quick ratio of 1.70, a current ratio of 1.70 and a debt-to-equity ratio of 1.18. TransUnion has a 1 year low of $66.38 and a 1 year high of $113.17. The firm has a market capitalization of $16.50 billion, a P/E ratio of 57.91, a PEG ratio of 1.18 and a beta of 1.67. The business's 50-day moving average price is $81.77 and its 200-day moving average price is $90.68.

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, beating the consensus estimate of $0.98 by $0.07. The firm had revenue of $1.10 billion for the quarter, compared to analysts' expectations of $1.07 billion. TransUnion had a return on equity of 15.85% and a net margin of 6.80%. The business's revenue was up 7.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.92 earnings per share. As a group, sell-side analysts forecast that TransUnion will post 3.99 EPS for the current fiscal year.

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

TransUnion Announces Dividend

The company also recently declared 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. The ex-dividend date of this dividend is Thursday, May 22nd. This represents a $0.46 annualized dividend and a yield of 0.54%. TransUnion's payout ratio is 24.47%.

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.