Bearing Point Capital LLC Invests $667,000 in TransUnion (NYSE:TRU)

Key Points

• Bearing Point Capital LLC has acquired a new stake in TransUnion, purchasing 8,041 shares valued at approximately $667,000 in the first quarter.
• TransUnion reported its earnings, achieving an EPS of $1.08 for the quarter, surpassing the consensus estimate of $0.99, with a year-over-year revenue increase of 9.5%.
• The company has announced a quarterly dividend of $0.115 per share, which translates to an annual yield of 0.46%.

Bearing Point Capital LLC bought a new position in shares of TransUnion (NYSE:TRU - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 8,041 shares of the business services provider's stock, valued at approximately $667,000.

Other large investors also recently bought and sold shares of the company. Massachusetts Financial Services Co. MA boosted its position in TransUnion by 10.9% during the 1st quarter. Massachusetts Financial Services Co. MA now owns 21,674,473 shares of the business services provider's stock worth $1,798,765,000 after acquiring an additional 2,134,342 shares during the period. Wellington Management Group LLP lifted its stake in shares of TransUnion by 52.5% during the fourth quarter. Wellington Management Group LLP now owns 6,749,849 shares of the business services provider's stock valued at $625,779,000 after acquiring an additional 2,323,339 shares during the period. FMR LLC increased its holdings in TransUnion by 11.1% in the fourth quarter. FMR LLC now owns 5,044,865 shares of the business services provider's stock valued at $467,709,000 after purchasing an additional 503,969 shares during the last quarter. Victory Capital Management Inc. increased its holdings in shares of TransUnion by 15.3% in the first quarter. Victory Capital Management Inc. now owns 3,146,693 shares of the business services provider's stock worth $261,144,000 after acquiring an additional 418,693 shares in the last quarter. Finally, Geode Capital Management LLC boosted its position in shares of TransUnion by 1.9% during the fourth quarter. Geode Capital Management LLC now owns 3,085,485 shares of the business services provider's stock worth $285,522,000 after buying an additional 58,551 shares during the period.

Insider Buying and Selling at TransUnion

In related news, insider Steven M. Chaouki sold 1,000 shares of the stock in a transaction on Tuesday, July 1st. The stock was sold at an average price of $87.14, for a total value of $87,140.00. Following the completion of the sale, the insider directly owned 74,393 shares of the company's stock, valued at approximately $6,482,606.02. This represents a 1.33% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders sold 3,000 shares of company stock worth $255,010 over the last quarter. 0.25% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

TRU has been the subject of a number of recent analyst reports. BMO Capital Markets raised their price objective on TransUnion from $115.00 to $118.00 and gave the company an "outperform" rating in a research report on Friday, July 25th. Bank of America initiated coverage on TransUnion in a research note on Thursday, April 10th. They set an "underperform" rating and a $84.00 price target on the stock. Oppenheimer increased their price objective on TransUnion from $100.00 to $108.00 and gave the company an "outperform" rating in a report on Tuesday, July 8th. Wells Fargo & Company dropped their price target on TransUnion from $124.00 to $118.00 and set an "overweight" rating for the company in a research note on Friday, July 25th. Finally, Stifel Nicolaus lowered their price objective on TransUnion from $120.00 to $112.00 and set a "buy" rating on the stock in a research report on Friday, April 25th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and eleven have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $112.46.

TransUnion Stock Down 0.8%

TRU traded down $0.75 during midday trading on Wednesday, hitting $98.15. 454,201 shares of the company's stock traded hands, compared to its average volume of 2,072,510. TransUnion has a one year low of $66.38 and a one year high of $113.17. The company has a market cap of $19.12 billion, a PE ratio of 49.15, a price-to-earnings-growth ratio of 2.74 and a beta of 1.63. The company has a debt-to-equity ratio of 1.09, a current ratio of 2.03 and a quick ratio of 2.02. The stock's fifty day simple moving average is $89.08 and its 200-day simple moving average is $87.90.

TransUnion (NYSE:TRU - Get Free Report) last announced its quarterly earnings results on Thursday, July 24th. The business services provider reported $1.08 earnings per share for the quarter, beating analysts' consensus estimates of $0.99 by $0.09. TransUnion had a net margin of 8.99% and a return on equity of 16.08%. The business had revenue of $1.14 billion for the quarter, compared to the consensus estimate of $1.10 billion. During the same period last year, the company posted $0.99 EPS. TransUnion's revenue for the quarter was up 9.5% on a year-over-year basis. As a group, equities analysts anticipate that TransUnion will post 3.99 earnings per share for the current fiscal year.

TransUnion Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 6th. Stockholders of record on Thursday, May 22nd were given a dividend of $0.115 per share. This represents a $0.46 dividend on an annualized basis and a dividend yield of 0.47%. The ex-dividend date of this dividend was Thursday, May 22nd. TransUnion's payout ratio is 23.00%.

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.