MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Increases Position in TransUnion (NYSE:TRU)

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in TransUnion (NYSE:TRU - Free Report) by 1,651.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 21,389 shares of the business services provider's stock after buying an additional 20,168 shares during the quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.'s holdings in TransUnion were worth $1,983,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Townsquare Capital LLC increased its holdings in TransUnion by 1.0% in the fourth quarter. Townsquare Capital LLC now owns 10,311 shares of the business services provider's stock valued at $956,000 after buying an additional 100 shares during the last quarter. Yousif Capital Management LLC increased its holdings in TransUnion by 4.0% in the fourth quarter. Yousif Capital Management LLC now owns 3,608 shares of the business services provider's stock valued at $334,000 after buying an additional 139 shares during the last quarter. PNC Financial Services Group Inc. increased its holdings 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 buying an additional 139 shares during the last quarter. Smartleaf Asset Management LLC grew its holdings in shares of TransUnion by 28.8% during 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 last quarter. Finally, Huntington National Bank grew its holdings in shares of TransUnion by 58.7% during 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 last quarter.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the company. UBS Group upped their target price on TransUnion from $102.00 to $104.00 and gave the company a "neutral" rating in a report on Monday, February 3rd. Barclays lowered their target price on TransUnion from $105.00 to $85.00 and set an "equal weight" rating for the company in a report on Friday, April 4th. Bank of America assumed coverage on TransUnion in a report on Thursday, April 10th. They set an "underperform" rating and a $84.00 target price for the company. Wells Fargo & Company lowered their target price on TransUnion from $130.00 to $117.00 and set an "overweight" rating for the company in a report on Monday, April 14th. Finally, Stifel Nicolaus lowered their target price on TransUnion from $120.00 to $112.00 and set a "buy" rating for the company in a report on Friday, April 25th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and nine have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $109.69.

Insider Transactions at TransUnion

In other news, insider Steven M. Chaouki sold 1,000 shares of the company's stock in a transaction on Thursday, May 1st. The shares were sold at an average price of $82.96, for a total value 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 ownership of the stock. The transaction 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 the company's stock in a transaction on Wednesday, February 26th. The stock was sold at an average price of $95.74, for a total transaction 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 $10,095,112.82. This represents a 1.70% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 4,021 shares of company stock valued at $359,761. 0.22% of the stock is owned by insiders.

TransUnion Price Performance

Shares of NYSE:TRU opened at $84.55 on Friday. The company's fifty day moving average is $81.77 and its two-hundred day moving average is $90.68. The company has a quick ratio of 1.70, a current ratio of 1.70 and a debt-to-equity ratio of 1.18. TransUnion has a 12-month low of $66.38 and a 12-month high of $113.17. The company has a market cap of $16.50 billion, a P/E ratio of 57.91, a price-to-earnings-growth ratio of 1.18 and a beta of 1.67.

TransUnion (NYSE:TRU - Get Free Report) last posted its quarterly earnings results on Thursday, April 24th. The business services provider reported $1.05 earnings per share 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 business had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.07 billion. During the same period in the prior year, the business posted $0.92 earnings per share. TransUnion's revenue for the quarter was up 7.3% compared to the same quarter last year. Equities analysts expect that TransUnion will post 3.99 earnings per share for the current fiscal year.

TransUnion Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 6th. Stockholders of record on Thursday, May 22nd will be paid a $0.115 dividend. This represents a $0.46 dividend on an annualized basis and a dividend yield of 0.54%. The ex-dividend date of this dividend is Thursday, May 22nd. TransUnion's dividend payout ratio (DPR) is presently 24.47%.

TransUnion announced that its Board of Directors has initiated a share 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 repurchase up to 2.6% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company's management believes its stock is undervalued.

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.

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