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

Gateway Investment Advisers LLC cut its holdings in TransUnion (NYSE:TRU - Free Report) by 37.8% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). 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 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Massachusetts Financial Services Co. MA increased its holdings in shares of TransUnion by 1.9% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 19,540,131 shares of the business services provider's stock valued at $1,811,566,000 after acquiring an additional 359,569 shares during the last quarter. Vanguard Group Inc. increased its stake in TransUnion by 1.4% in the fourth quarter. Vanguard Group Inc. now owns 18,066,657 shares of the business services provider's stock valued at $1,674,960,000 after purchasing an additional 241,019 shares during the last quarter. Wellington Management Group LLP raised its holdings in 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 worth $625,779,000 after purchasing an additional 2,323,339 shares in the last quarter. Van ECK Associates Corp raised its holdings in TransUnion by 7.4% during the fourth quarter. Van ECK Associates Corp now owns 5,139,607 shares of the business services provider's stock worth $476,493,000 after purchasing an additional 356,306 shares in the last quarter. Finally, FMR LLC lifted its position in shares of TransUnion by 11.1% during 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.

Analyst Ratings Changes

A number of research firms recently commented on TRU. William Blair reaffirmed an "outperform" rating on shares of TransUnion in a research report on Monday, March 24th. Needham & Company LLC reaffirmed a "hold" rating on shares of TransUnion in a report on Friday, February 14th. Barclays cut their target price on TransUnion from $105.00 to $85.00 and set an "equal weight" rating on the stock in a research report on Friday, April 4th. Bank of America initiated coverage on TransUnion in a research report on Thursday, April 10th. They issued an "underperform" rating and a $84.00 target price for the company. Finally, Oppenheimer raised their price target on TransUnion from $96.00 to $100.00 and gave the stock an "outperform" rating in a research note on Thursday, May 22nd. One analyst has rated the stock with a sell rating, four have issued a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $109.69.

TransUnion Stock Performance

Shares of TransUnion stock traded up $1.22 during trading hours on Monday, hitting $87.37. 2,074,692 shares of the company were exchanged, compared to its average volume of 1,726,233. 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 business has a 50-day moving average of $81.80 and a 200-day moving average of $89.29. TransUnion has a 1 year low of $66.38 and a 1 year high of $113.17. The stock has a market capitalization of $17.05 billion, a price-to-earnings ratio of 59.84, a P/E/G ratio of 1.18 and a beta of 1.64.

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 net margin of 6.80% and a return on equity of 15.85%. The company had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.07 billion. During the same quarter in the prior year, the firm earned $0.92 EPS. TransUnion's quarterly revenue was up 7.3% on a year-over-year basis. As a group, analysts expect that TransUnion will post 3.99 EPS for the current fiscal year.

TransUnion Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 6th. Investors of record on Thursday, May 22nd were given a $0.115 dividend. The ex-dividend date was Thursday, May 22nd. This represents a $0.46 dividend on an annualized basis and a yield of 0.53%. TransUnion's payout ratio is currently 24.47%.

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

Insider Buying and Selling at TransUnion

In other 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 transaction, the insider now directly owns 76,393 shares of the company's stock, valued at approximately $6,337,563.28. This represents a 1.29% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. In the last 90 days, insiders have sold 3,000 shares of company stock valued at $251,180. 0.22% of the stock is owned by corporate insiders.

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.