MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Purchases 20,168 Shares of TransUnion (NYSE:TRU)

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

A number of other large investors also recently modified their holdings of the business. Townsquare Capital LLC increased its holdings in shares of TransUnion by 1.0% during the fourth quarter. Townsquare Capital LLC now owns 10,311 shares of the business services provider's stock valued at $956,000 after purchasing an additional 100 shares during the period. Yousif Capital Management LLC raised its position 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 worth $334,000 after acquiring 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 worth $245,000 after acquiring an additional 139 shares in the last quarter. 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 worth $68,000 after acquiring an additional 164 shares in the last quarter. 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 worth $42,000 after acquiring an additional 168 shares in the last quarter.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on TRU shares. Stifel Nicolaus dropped their target price on shares of TransUnion from $120.00 to $112.00 and set a "buy" rating on the stock in a report on Friday, April 25th. Oppenheimer boosted their target price on shares of TransUnion from $96.00 to $100.00 and gave the stock an "outperform" rating in a report on Thursday, May 22nd. Needham & Company LLC reiterated a "hold" rating on shares of TransUnion in a report on Friday, February 14th. William Blair reiterated an "outperform" rating on shares of TransUnion in a report on Monday, March 24th. Finally, Wells Fargo & Company dropped their price target on TransUnion from $130.00 to $117.00 and set an "overweight" rating on the stock in a research note on Monday, April 14th. 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's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $109.69.

Insider Activity at TransUnion

In related news, insider Steven M. Chaouki sold 1,000 shares of the business'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 value of $82,960.00. Following the completion of the sale, the insider now owns 76,393 shares of the company's stock, valued at approximately $6,337,563.28. The trade was a 1.29% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 0.25% of the stock is currently owned by company insiders.

TransUnion Stock Down 0.3%

TRU traded down $0.26 on Wednesday, reaching $82.41. 193,601 shares of the company traded hands, compared to its average volume of 1,691,878. The stock's 50 day moving average price is $81.68 and its 200-day moving average price is $90.13. TransUnion has a 52-week low of $66.38 and a 52-week high of $113.17. The company has a market cap of $16.08 billion, a price-to-earnings ratio of 56.49, a PEG ratio of 1.18 and a beta of 1.67. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.70 and a quick ratio of 1.70.

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, beating 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 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 firm posted $0.92 earnings per share. The firm's revenue was up 7.3% on a year-over-year basis. On average, sell-side 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. Investors of record on Thursday, May 22nd will be paid a $0.115 dividend. The ex-dividend date is Thursday, May 22nd. This represents a $0.46 annualized dividend and a dividend yield of 0.56%. TransUnion's payout ratio is 24.47%.

TransUnion announced that its Board of Directors has approved a stock buyback plan on Thursday, February 13th that permits the company to repurchase $500.00 million in shares. This repurchase authorization permits the business services provider to buy up to 2.6% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company's board 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.