Kentucky Retirement Systems Insurance Trust Fund Buys Shares of 5,642 TransUnion (NYSE:TRU)

Kentucky Retirement Systems Insurance Trust Fund purchased a new position in TransUnion (NYSE:TRU - Free Report) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 5,642 shares of the business services provider's stock, valued at approximately $468,000.

Other hedge funds have also recently made changes to their positions in the company. Charles Schwab Investment Management Inc. boosted its holdings in TransUnion by 3.4% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 700,518 shares of the business services provider's stock worth $64,945,000 after purchasing an additional 22,826 shares during the last quarter. Jones Financial Companies Lllp lifted its holdings in TransUnion by 62.1% in the fourth quarter. Jones Financial Companies Lllp now owns 2,097 shares of the business services provider's stock valued at $194,000 after acquiring an additional 803 shares during the period. JPMorgan Chase & Co. boosted its position in TransUnion by 39.5% in the fourth quarter. JPMorgan Chase & Co. now owns 315,530 shares of the business services provider's stock worth $29,253,000 after purchasing an additional 89,340 shares during the last quarter. Smartleaf Asset Management LLC grew its stake in shares of TransUnion by 28.8% during 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 period. Finally, Principal Securities Inc. increased its position in shares of TransUnion by 62.6% during the 4th quarter. Principal Securities Inc. now owns 805 shares of the business services provider's stock valued at $75,000 after purchasing an additional 310 shares during the last quarter.

Insider Buying and Selling at TransUnion

In other news, insider Steven M. Chaouki sold 1,000 shares of the company's 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 sale, the insider now directly owns 76,393 shares of the company's stock, valued at $6,337,563.28. This represents a 1.29% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders sold 3,000 shares of company stock valued at $251,180 in the last 90 days. Insiders own 0.22% of the company's stock.

TransUnion Price Performance

Shares of TransUnion stock opened at $88.66 on Thursday. The company has a market capitalization of $17.30 billion, a price-to-earnings ratio of 47.16, a PEG ratio of 2.48 and a beta of 1.64. The company has a quick ratio of 2.05, a current ratio of 2.05 and a debt-to-equity ratio of 1.13. The stock's 50-day simple moving average is $84.88 and its 200-day simple moving average is $88.21. TransUnion has a 52 week low of $66.38 and a 52 week high of $113.17.

TransUnion (NYSE:TRU - Get Free Report) last posted its quarterly earnings results 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 16.18% and a net margin of 8.63%. The company had revenue of $1.10 billion for the quarter, compared to analysts' expectations of $1.07 billion. During the same period in the previous year, the firm earned $0.92 EPS. The firm's revenue was up 7.3% compared to the same quarter last year. As a group, analysts expect that TransUnion will post 3.99 earnings per share for the current fiscal year.

TransUnion Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, June 6th. Shareholders of record on Thursday, May 22nd were paid a $0.115 dividend. This represents a $0.46 annualized dividend and a yield of 0.52%. The ex-dividend date was Thursday, May 22nd. TransUnion's payout ratio is currently 24.47%.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on TRU. Bank of America began coverage on shares of TransUnion in a report on Thursday, April 10th. They issued an "underperform" rating and a $84.00 price objective on the stock. Stifel Nicolaus dropped their price target on shares of TransUnion from $120.00 to $112.00 and set a "buy" rating on the stock in a research note on Friday, April 25th. William Blair reissued an "outperform" rating on shares of TransUnion in a research report on Monday, March 24th. Oppenheimer raised their target price on TransUnion from $96.00 to $100.00 and gave the stock an "outperform" rating in a report on Thursday, May 22nd. Finally, Barclays lowered 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. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and nine have assigned a buy rating to the company's stock. According to MarketBeat.com, TransUnion currently has an average rating of "Moderate Buy" and a consensus price target of $109.69.

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.

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