Nuveen Asset Management LLC Has $48.93 Million Holdings in TransUnion (NYSE:TRU)

Nuveen Asset Management LLC boosted its position in shares of TransUnion (NYSE:TRU - Free Report) by 4.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 527,805 shares of the business services provider's stock after acquiring an additional 24,354 shares during the period. Nuveen Asset Management LLC owned 0.27% of TransUnion worth $48,933,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in TRU. Assenagon Asset Management S.A. raised its position in shares of TransUnion by 22.0% during the fourth quarter. Assenagon Asset Management S.A. now owns 26,308 shares of the business services provider's stock valued at $2,439,000 after buying an additional 4,743 shares during the last quarter. Park Avenue Securities LLC raised its position in shares of TransUnion by 36.7% during the fourth quarter. Park Avenue Securities LLC now owns 6,405 shares of the business services provider's stock valued at $594,000 after buying an additional 1,721 shares during the last quarter. Merit Financial Group LLC bought a new stake in shares of TransUnion during the fourth quarter valued at approximately $292,000. Ameritas Advisory Services LLC raised its position in shares of TransUnion by 2.3% during the fourth quarter. Ameritas Advisory Services LLC now owns 14,274 shares of the business services provider's stock valued at $1,323,000 after buying an additional 324 shares during the last quarter. Finally, Genesis Private Wealth LLC bought a new stake in shares of TransUnion during the fourth quarter valued at approximately $234,000.

Analyst Upgrades and Downgrades

TRU has been the subject of several recent analyst reports. Needham & Company LLC reaffirmed a "hold" rating on shares of TransUnion in a research note on Friday, February 14th. Barclays reduced their target price on shares of TransUnion from $105.00 to $85.00 and set an "equal weight" rating for the company in a report on Friday, April 4th. Morgan Stanley dropped their target price on TransUnion from $130.00 to $127.00 and set an "overweight" rating on the stock in a research report on Tuesday, January 28th. William Blair restated an "outperform" rating on shares of TransUnion in a research report on Monday, March 24th. Finally, Oppenheimer increased their price objective on TransUnion from $96.00 to $100.00 and gave the company an "outperform" rating in a research note on Thursday. One analyst has rated the stock with a sell rating, four have assigned a hold rating and nine have issued a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $109.69.

TransUnion Trading Down 1.6%

NYSE:TRU traded down $1.31 on Friday, hitting $83.17. 1,951,664 shares of the stock were exchanged, compared to its average volume of 1,692,401. TransUnion has a fifty-two week low of $66.38 and a fifty-two week high of $113.17. The stock has a fifty day moving average of $81.77 and a 200-day moving average of $90.35. The company has a current ratio of 1.70, a quick ratio of 1.70 and a debt-to-equity ratio of 1.18. The stock has a market cap of $16.23 billion, a PE ratio of 56.97, a PEG ratio of 1.18 and a beta of 1.67.

TransUnion (NYSE:TRU - Get Free Report) last announced 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 return on equity of 15.85% and a net margin of 6.80%. The business had revenue of $1.10 billion for the quarter, compared to analysts' expectations of $1.07 billion. During the same period in the prior year, the firm earned $0.92 EPS. The business's quarterly revenue was up 7.3% on a year-over-year basis. As a group, equities analysts expect that TransUnion will post 3.99 earnings per share for the current fiscal year.

TransUnion Dividend Announcement

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

TransUnion declared that its Board of Directors has approved a stock repurchase program 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 repurchase up to 2.6% of its shares through open market purchases. Shares repurchase programs are often a sign that the company's board of directors believes its shares are undervalued.

Insider Transactions at TransUnion

In related news, insider Steven M. Chaouki sold 1,000 shares of the business's 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 transaction, the insider now directly owns 77,393 shares in the company, valued at $6,447,610.83. The trade was a 1.28% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Venkat Achanta sold 1,821 shares of the company's stock in a transaction that occurred 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 in the company, valued at approximately $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. Insiders sold a total of 4,021 shares of company stock valued at $359,761 over the last quarter. Company insiders own 0.22% of the company's stock.

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.