TransUnion (NYSE:TRU) Shares Sold by Gateway Investment Advisers LLC

Gateway Investment Advisers LLC lessened its stake in TransUnion (NYSE:TRU - Free Report) by 37.8% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 13,983 shares of the business services provider's stock after selling 8,508 shares during the period. Gateway Investment Advisers LLC's holdings in TransUnion were worth $1,160,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Aster Capital Management DIFC Ltd purchased a new stake in TransUnion during the fourth quarter worth $40,000. Huntington National Bank boosted its stake in shares of TransUnion by 58.7% during the 4th quarter. Huntington National Bank now owns 454 shares of the business services provider's stock worth $42,000 after acquiring an additional 168 shares in the last quarter. Kapitalo Investimentos Ltda purchased a new stake in shares of TransUnion during the 4th quarter worth about $47,000. Mizuho Bank Ltd. acquired a new stake in shares of TransUnion during the 4th quarter valued at about $47,000. Finally, Brown Brothers Harriman & Co. purchased a new position in shares of TransUnion in the 4th quarter valued at about $47,000.

Insiders Place Their Bets

In other news, insider Steven M. Chaouki sold 1,000 shares of the firm's stock in a transaction that occurred on Thursday, May 1st. The shares were 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 owns 76,393 shares in the company, valued at $6,337,563.28. This trade represents a 1.29% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders have sold 3,000 shares of company stock valued at $251,180 over the last ninety days. Company insiders own 0.22% of the company's stock.

TransUnion Price Performance

Shares of TransUnion stock traded down $0.68 on Thursday, hitting $86.47. 1,073,092 shares of the company were exchanged, compared to its average volume of 1,730,167. The company has a quick ratio of 1.70, a current ratio of 1.70 and a debt-to-equity ratio of 1.18. The company has a 50-day moving average price of $82.44 and a 200 day moving average price of $89.19. The stock has a market capitalization of $16.87 billion, a price-to-earnings ratio of 59.23, a price-to-earnings-growth ratio of 1.18 and a beta of 1.64. TransUnion has a 1-year low of $66.38 and a 1-year 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 EPS for the quarter, topping analysts' consensus estimates of $0.98 by $0.07. TransUnion had a return on equity of 15.85% and a net margin of 6.80%. The firm had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.07 billion. During the same quarter last year, the business posted $0.92 earnings per share. The firm's revenue was up 7.3% compared to the same quarter last year. As a group, sell-side analysts predict that TransUnion will post 3.99 earnings per share for the current fiscal year.

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

TransUnion Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, June 6th. Shareholders of record on Thursday, May 22nd were paid a dividend of $0.115 per share. This represents a $0.46 dividend on an annualized basis and a yield of 0.53%. The ex-dividend date was Thursday, May 22nd. TransUnion's dividend payout ratio (DPR) is presently 24.47%.

Analyst Ratings Changes

TRU has been the topic of a number of recent analyst reports. Bank of America started coverage on TransUnion in a research report on Thursday, April 10th. They set an "underperform" rating and a $84.00 price target on the stock. Oppenheimer lifted their target price on shares of TransUnion from $96.00 to $100.00 and gave the company an "outperform" rating in a research report on Thursday, May 22nd. William Blair reissued an "outperform" rating on shares of TransUnion in a research note on Monday, March 24th. Needham & Company LLC reaffirmed a "hold" rating on shares of TransUnion in a research note on Friday, February 14th. Finally, Barclays lowered their price objective on TransUnion from $105.00 to $85.00 and set an "equal weight" rating on the stock in a report on Friday, April 4th. One equities research 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. Based on data from MarketBeat.com, TransUnion has an average rating of "Moderate Buy" and a consensus price target of $109.69.

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.