GAMMA Investing LLC Purchases 73,763 Shares of TransUnion (NYSE:TRU)

GAMMA Investing LLC boosted its position in shares of TransUnion (NYSE:TRU - Free Report) by 6,742.5% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 74,857 shares of the business services provider's stock after purchasing an additional 73,763 shares during the period. GAMMA Investing LLC's holdings in TransUnion were worth $6,212,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in TRU. Townsquare Capital LLC boosted its stake in shares of 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. Yousif Capital Management LLC lifted its stake in TransUnion by 4.0% in the 4th quarter. Yousif Capital Management LLC now owns 3,608 shares of the business services provider's stock valued at $334,000 after purchasing an additional 139 shares during the last quarter. PNC Financial Services Group Inc. lifted its stake in TransUnion by 5.6% in the 4th quarter. PNC Financial Services Group Inc. now owns 2,642 shares of the business services provider's stock valued at $245,000 after purchasing an additional 139 shares during the last quarter. Smartleaf Asset Management LLC lifted its stake in TransUnion by 28.8% in the 4th quarter. Smartleaf Asset Management LLC now owns 733 shares of the business services provider's stock valued at $68,000 after purchasing an additional 164 shares during the last quarter. Finally, Huntington National Bank lifted its stake in TransUnion by 58.7% in the 4th quarter. Huntington National Bank now owns 454 shares of the business services provider's stock valued at $42,000 after purchasing an additional 168 shares during the last quarter.

Insider Activity at TransUnion

In related news, insider Steven M. Chaouki sold 1,000 shares of the stock in a transaction that occurred on Thursday, May 1st. The stock was sold at an average price of $82.96, for a total transaction of $82,960.00. Following the completion of the sale, the insider now directly owns 76,393 shares of the company's stock, valued at approximately $6,337,563.28. This trade represents a 1.29% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Over the last three months, insiders sold 3,000 shares of company stock valued at $251,180. 0.22% of the stock is owned by insiders.

Wall Street Analyst Weigh In

TRU has been the topic of several recent research reports. Barclays lowered their target price on shares of TransUnion from $105.00 to $85.00 and set an "equal weight" rating on the stock in a report on Friday, April 4th. Wells Fargo & Company decreased their price objective on shares of TransUnion from $130.00 to $117.00 and set an "overweight" rating on the stock in a research note on Monday, April 14th. William Blair reissued an "outperform" rating on shares of TransUnion in a research note on Monday, March 24th. Bank of America initiated coverage on TransUnion in a research report on Thursday, April 10th. They set an "underperform" rating and a $84.00 price objective on the stock. Finally, Needham & Company LLC restated a "hold" rating on shares of TransUnion in a research report on Friday, February 14th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and nine have given a buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $109.69.

TransUnion Stock Down 2.9%

TRU stock traded down $2.50 during trading on Friday, reaching $83.91. 2,026,746 shares of the stock were exchanged, compared to its average volume of 1,732,275. The firm's 50 day moving average is $83.05 and its 200 day moving average is $88.97. TransUnion has a twelve month low of $66.38 and a twelve month high of $113.17. 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 $16.37 billion, a P/E ratio of 57.47, a price-to-earnings-growth ratio of 1.18 and a beta of 1.64.

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. The firm had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.07 billion. TransUnion had a return on equity of 15.85% and a net margin of 6.80%. The company's quarterly revenue was up 7.3% compared to the same quarter last year. During the same period in the prior year, the business posted $0.92 earnings per share. As a group, research analysts forecast that TransUnion will post 3.99 EPS for the current year.

TransUnion declared that its Board of Directors has authorized a stock repurchase plan on Thursday, February 13th that permits the company to buyback $500.00 million in shares. This buyback authorization permits the business services provider to purchase up to 2.6% of its shares through open market purchases. Shares buyback plans are usually an indication that the company's management believes its shares are undervalued.

TransUnion Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, June 6th. Investors 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 0.55%. The ex-dividend date was Thursday, May 22nd. TransUnion's payout ratio is 24.47%.

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.