Teza Capital Management LLC bought a new stake in shares of TransUnion (NYSE:TRU - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 4,976 shares of the business services provider's stock, valued at approximately $461,000.
Several other hedge funds and other institutional investors have also made changes to their positions in TRU. Wellington Management Group LLP raised its stake 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 valued at $625,779,000 after purchasing an additional 2,323,339 shares during the last quarter. Norges Bank purchased a new stake in shares of TransUnion during the fourth quarter worth $180,011,000. Point72 Asset Management L.P. acquired a new stake in shares of TransUnion in the fourth quarter valued at about $74,283,000. William Blair Investment Management LLC lifted its stake in shares of TransUnion by 30.6% in the fourth 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 in the last quarter. Finally, FMR LLC boosted its position in TransUnion by 11.1% during 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 last quarter.
TransUnion Trading Up 0.1%
NYSE TRU opened at $91.94 on Tuesday. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.70 and a quick ratio of 1.70. The stock has a market capitalization of $17.94 billion, a P/E ratio of 62.97, a PEG ratio of 1.18 and a beta of 1.67. The firm's 50-day moving average is $81.60 and its two-hundred day moving average is $90.85. TransUnion has a 12 month low of $66.38 and a 12 month high of $113.17.
TransUnion (NYSE:TRU - Get Free Report) last issued its quarterly earnings data on Thursday, April 24th. The business services provider reported $1.05 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 firm 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 business posted $0.92 EPS. The business's revenue for the quarter 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 year.
TransUnion Announces Dividend
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 issued a $0.115 dividend. The ex-dividend date of this dividend is Thursday, May 22nd. This represents a $0.46 annualized dividend and a dividend yield of 0.50%. TransUnion's dividend payout ratio is presently 24.47%.
TransUnion announced that its Board of Directors has authorized a stock 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 stock through open market purchases. Stock buyback programs are often an indication that the company's board of directors believes its shares are undervalued.
Analyst Ratings Changes
A number of analysts have commented on the stock. Barclays cut their price objective on shares of TransUnion from $105.00 to $85.00 and set an "equal weight" rating for the company in a report on Friday, April 4th. Stifel Nicolaus cut 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. Oppenheimer boosted their price objective on TransUnion from $93.00 to $96.00 and gave the stock an "outperform" rating in a research note on Friday, April 25th. Wells Fargo & Company dropped their target price on TransUnion from $130.00 to $117.00 and set an "overweight" rating for the company in a report on Monday, April 14th. Finally, William Blair reiterated an "outperform" rating on shares of TransUnion in a report on Monday, March 24th. 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 has an average rating of "Moderate Buy" and an average price target of $109.38.
Get Our Latest Analysis on TransUnion
Insider Buying and Selling
In other TransUnion news, insider Steven M. Chaouki sold 1,000 shares of the firm's stock in a transaction that occurred on Tuesday, April 1st. The shares were 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 owns 77,393 shares of the company's stock, valued at $6,447,610.83. This trade represents a 1.28% decrease in their position. The sale was disclosed in a filing with the SEC, 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 sale, the executive vice president now directly owns 105,443 shares in the company, 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 valued at $359,761. Corporate insiders own 0.22% of the company's stock.
TransUnion Company Profile
(
Free Report)
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.
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