Nuveen Asset Management LLC Increases Position in TransUnion (NYSE:TRU)

Nuveen Asset Management LLC lifted its position in shares of TransUnion (NYSE:TRU - Free Report) by 4.8% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 527,805 shares of the business services provider's stock after buying an additional 24,354 shares during the period. Nuveen Asset Management LLC owned 0.27% of TransUnion worth $48,933,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of TRU. Aster Capital Management DIFC Ltd acquired a new position in shares of TransUnion in the 4th quarter valued at $40,000. Huntington National Bank boosted its holdings in shares of TransUnion by 58.7% in the 4th 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. Kapitalo Investimentos Ltda acquired a new position in shares of TransUnion in the 4th quarter valued at $47,000. Mizuho Bank Ltd. acquired a new position in shares of TransUnion in the 4th quarter valued at $47,000. Finally, Brown Brothers Harriman & Co. acquired a new position in shares of TransUnion in the 4th quarter valued at $47,000.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on TRU shares. William Blair reaffirmed an "outperform" rating on shares of TransUnion in a research report on Monday, March 24th. Wells Fargo & Company decreased their target price on TransUnion from $130.00 to $117.00 and set an "overweight" rating for the company in a research report on Monday, April 14th. Stifel Nicolaus decreased their target price on TransUnion from $120.00 to $112.00 and set a "buy" rating for the company in a research report on Friday, April 25th. Needham & Company LLC reaffirmed a "hold" rating on shares of TransUnion in a research report on Friday, February 14th. Finally, Oppenheimer upped their target price on TransUnion from $93.00 to $96.00 and gave the stock an "outperform" rating in a research report on Friday, April 25th. One analyst has rated the stock with a sell rating, four have given a hold rating and nine have given a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $109.38.

Insider Buying and Selling at TransUnion

In other TransUnion news, insider Steven M. Chaouki sold 1,000 shares of the company's stock in a transaction that occurred on Tuesday, April 1st. The stock was sold at an average price of $83.31, for a total transaction of $83,310.00. Following the sale, the insider now owns 77,393 shares in the company, valued at $6,447,610.83. This represents a 1.28% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through 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 sale, the executive vice president now owns 105,443 shares in the company, valued at $10,095,112.82. The trade was a 1.70% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 4,021 shares of company stock worth $359,761 over the last quarter. 0.22% of the stock is owned by corporate insiders.

TransUnion Trading Up 0.1%

NYSE:TRU opened at $91.94 on Tuesday. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.70 and a current ratio of 1.70. TransUnion has a one year low of $66.38 and a one year high of $113.17. The business's 50-day simple moving average is $81.60 and its 200 day simple moving average is $90.85. The stock has a market cap of $17.94 billion, a price-to-earnings ratio of 62.97, a price-to-earnings-growth ratio of 1.18 and a beta of 1.67.

TransUnion (NYSE:TRU - Get Free Report) last released its quarterly earnings results on Thursday, April 24th. The business services provider reported $1.05 EPS 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 business had revenue of $1.10 billion for the quarter, compared to analysts' expectations of $1.07 billion. During the same quarter in the previous year, the firm posted $0.92 earnings per share. The company's revenue was up 7.3% compared to the same quarter last year. As a group, sell-side analysts predict that TransUnion will post 3.99 earnings per share for the current fiscal year.

TransUnion Dividend Announcement

The firm 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. This represents a $0.46 annualized dividend and a dividend yield of 0.50%. The ex-dividend date is Thursday, May 22nd. TransUnion's dividend payout ratio (DPR) is 24.47%.

TransUnion declared that its board has approved a stock buyback plan on Thursday, February 13th that authorizes the company to buyback $500.00 million in shares. This buyback authorization authorizes the business services provider to purchase up to 2.6% of its shares through open market purchases. Shares buyback plans are usually a sign that the company's management believes its shares are 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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