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

Jane Street Group LLC reduced its holdings in shares of TransUnion (NYSE:TRU - Free Report) by 92.0% in the fourth quarter, according to its most recent filing with the SEC. 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 quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Aster Capital Management DIFC Ltd bought a new stake in shares of TransUnion during the 4th quarter worth approximately $40,000. Huntington National Bank increased its holdings in 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 purchasing an additional 168 shares during the period. Brown Brothers Harriman & Co. purchased a new position in TransUnion during the 4th quarter worth $47,000. Mizuho Bank Ltd. purchased a new position in TransUnion during the 4th quarter worth $47,000. Finally, Kapitalo Investimentos Ltda purchased a new position in TransUnion during the 4th quarter worth $47,000.

Analysts Set New Price Targets

TRU has been the topic of several research reports. Wells Fargo & Company reduced their price objective on TransUnion from $130.00 to $117.00 and set an "overweight" rating on the stock in a report on Monday, April 14th. Barclays reduced 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. Stifel Nicolaus reduced their price objective on TransUnion from $120.00 to $112.00 and set a "buy" rating on the stock in a report on Friday, April 25th. Morgan Stanley reduced their price objective on TransUnion from $130.00 to $127.00 and set an "overweight" rating on the stock in a report on Tuesday, January 28th. Finally, Bank of America began coverage on TransUnion in a report on Thursday, April 10th. They issued an "underperform" rating and a $84.00 price target on the stock. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and nine have assigned a buy rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $109.69.

TransUnion Stock Down 1.6%

TRU stock traded down $1.31 on Friday, hitting $83.17. 1,951,664 shares of the company's stock were exchanged, compared to its average volume of 1,692,401. TransUnion has a 12-month low of $66.38 and a 12-month high of $113.17. The firm has a 50 day moving average price of $81.77 and a two-hundred day moving average price of $90.46. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.70 and a current ratio of 1.70. The stock has a market cap of $16.23 billion, a P/E ratio of 56.97, a price-to-earnings-growth ratio of 1.18 and a beta of 1.67.

TransUnion (NYSE:TRU - Get Free Report) last announced its earnings results on Thursday, April 24th. The business services provider reported $1.05 earnings per share for the quarter, topping the consensus estimate 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 period in the previous year, the business earned $0.92 EPS. The firm's revenue for the quarter was up 7.3% on a year-over-year basis. As a group, equities research analysts expect that TransUnion will post 3.99 EPS for the current fiscal year.

TransUnion Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, June 6th. Shareholders of record on Thursday, May 22nd will be given a dividend of $0.115 per share. The ex-dividend date is Thursday, May 22nd. This represents a $0.46 dividend on an annualized basis and a yield of 0.55%. TransUnion's dividend payout ratio is currently 24.47%.

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

Insiders Place Their Bets

In other TransUnion news, insider Steven M. Chaouki sold 1,000 shares of TransUnion stock in a transaction dated Tuesday, April 1st. The stock was sold at an average price of $83.31, for a total transaction of $83,310.00. Following the completion of the sale, the insider now owns 77,393 shares of the company's stock, valued at approximately $6,447,610.83. The trade was a 1.28% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Venkat Achanta sold 1,821 shares of TransUnion stock in a transaction dated Wednesday, February 26th. The stock was sold at an average price of $95.74, for a total value of $174,342.54. Following the sale, the executive vice president now directly owns 105,443 shares of the company's stock, valued at approximately $10,095,112.82. This represents a 1.70% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 4,021 shares of company stock valued at $359,761. 0.22% of the stock is owned by company insiders.

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.