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Jane Street Group LLC Decreases Position in TransUnion (NYSE:TRU)

TransUnion logo with Business Services background

Jane Street Group LLC trimmed its position in TransUnion (NYSE:TRU - Free Report) by 92.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 16,516 shares of the business services provider's stock after selling 190,896 shares during the period. Jane Street Group LLC's holdings in TransUnion were worth $1,531,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Townsquare Capital LLC lifted its position in TransUnion by 1.0% during the fourth 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 in the last quarter. Yousif Capital Management LLC lifted its position in TransUnion by 4.0% during the fourth quarter. Yousif Capital Management LLC now owns 3,608 shares of the business services provider's stock worth $334,000 after buying an additional 139 shares in the last quarter. PNC Financial Services Group Inc. raised its position in TransUnion by 5.6% in the fourth 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 period. Smartleaf Asset Management LLC raised its position in TransUnion by 28.8% in the fourth 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 period. Finally, Huntington National Bank raised its position in TransUnion by 58.7% in the fourth 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 period.

Analysts Set New Price Targets

A number of research firms have commented on TRU. Barclays reduced 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. Stifel Nicolaus reduced their target price on TransUnion from $120.00 to $112.00 and set a "buy" rating on the stock in a research report on Friday, April 25th. UBS Group lifted their target price on TransUnion from $102.00 to $104.00 and gave the company a "neutral" rating in a research report on Monday, February 3rd. Bank of America started coverage on TransUnion in a research report on Thursday, April 10th. They issued an "underperform" rating and a $84.00 target price on the stock. Finally, Oppenheimer lifted their price objective on TransUnion from $93.00 to $96.00 and gave the company an "outperform" rating in a research note on Friday, April 25th. 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 data from MarketBeat.com, TransUnion presently has a consensus rating of "Moderate Buy" and a consensus price target of $109.38.

View Our Latest Stock Analysis on TRU

Insider Buying and Selling at TransUnion

In related news, EVP Venkat Achanta sold 1,821 shares of TransUnion stock in a transaction on Wednesday, February 26th. The shares were sold at an average price of $95.74, for a total value of $174,342.54. Following the completion of the sale, the executive vice president now owns 105,443 shares of the company's stock, valued at approximately $10,095,112.82. The trade was a 1.70% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Steven M. Chaouki sold 1,000 shares of the business's stock in a transaction 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 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 disclosure for this sale can be found here. Insiders sold 4,021 shares of company stock valued at $359,761 in the last quarter. Company insiders own 0.22% of the company's stock.

TransUnion Stock Performance

TRU opened at $91.96 on Monday. The business's 50 day moving average is $81.42 and its 200-day moving average is $90.90. The stock has a market cap of $17.94 billion, a PE ratio of 62.99, a price-to-earnings-growth ratio of 1.18 and a beta of 1.67. The company has a current ratio of 1.70, a quick ratio of 1.70 and a debt-to-equity ratio of 1.18. TransUnion has a twelve month low of $66.38 and a twelve month high of $113.17.

TransUnion (NYSE:TRU - Get Free Report) last announced its earnings results 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 for the quarter, compared to analysts' expectations of $1.07 billion. TransUnion had a return on equity of 15.85% and a net margin of 6.80%. The firm's quarterly revenue was up 7.3% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.92 earnings per share. On average, analysts predict that TransUnion will post 3.99 earnings per share for the current year.

TransUnion Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 6th. Shareholders of record on Thursday, May 22nd will be paid a dividend of $0.115 per share. This represents a $0.46 dividend on an annualized basis and a dividend yield of 0.50%. The ex-dividend date of this dividend is Thursday, May 22nd. TransUnion's dividend payout ratio (DPR) is currently 24.47%.

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

TransUnion 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.

Further Reading

Institutional Ownership by Quarter for TransUnion (NYSE:TRU)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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