TransUnion (NYSE:TRU) Shares Bought by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio grew its position in shares of TransUnion (NYSE:TRU - Free Report) by 9.2% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 97,730 shares of the business services provider's stock after acquiring an additional 8,263 shares during the quarter. Public Employees Retirement System of Ohio owned about 0.05% of TransUnion worth $9,061,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of TransUnion by 8.6% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,281,932 shares of the business services provider's stock worth $118,848,000 after buying an additional 101,896 shares in the last quarter. XN LP boosted its stake in shares of TransUnion by 2.9% during the fourth quarter. XN LP now owns 1,907,775 shares of the business services provider's stock valued at $176,870,000 after purchasing an additional 54,330 shares during the period. Sone Capital Management LLC purchased a new position in TransUnion in the 4th quarter worth about $10,786,000. Squarepoint Ops LLC grew its stake in TransUnion by 96.6% in the 4th quarter. Squarepoint Ops LLC now owns 155,894 shares of the business services provider's stock worth $14,453,000 after acquiring an additional 76,582 shares in the last quarter. Finally, Two Sigma Advisers LP bought a new stake in shares of TransUnion during the fourth quarter valued at approximately $1,020,000.

Insider Buying and Selling at TransUnion

In other TransUnion news, insider Steven M. Chaouki sold 1,000 shares of the stock in a transaction 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 owns 76,393 shares in the company, valued at approximately $6,337,563.28. This represents a 1.29% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.25% of the stock is owned by corporate insiders.

TransUnion Trading Up 0.4%

NYSE:TRU traded up $0.33 on Friday, reaching $85.61. 2,366,490 shares of the company's stock were exchanged, compared to its average volume of 1,710,785. The business has a fifty day moving average of $81.65 and a 200-day moving average of $89.96. 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 52-week low of $66.38 and a 52-week high of $113.17. The firm has a market capitalization of $16.70 billion, a price-to-earnings ratio of 58.64, a price-to-earnings-growth ratio of 1.18 and a beta of 1.67.

TransUnion (NYSE:TRU - Get Free Report) last issued its earnings results on Thursday, April 24th. The business services provider reported $1.05 earnings per share for the quarter, beating the consensus estimate of $0.98 by $0.07. The firm had revenue of $1.10 billion for the quarter, compared to analysts' expectations of $1.07 billion. TransUnion had a net margin of 6.80% and a return on equity of 15.85%. The firm's revenue was up 7.3% compared to the same quarter last year. During the same quarter last year, the company earned $0.92 earnings per share. As a group, analysts expect that TransUnion will post 3.99 earnings per share for the current year.

TransUnion announced that its Board of Directors has initiated a share 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 purchase up to 2.6% of its shares through open market purchases. Shares repurchase programs are often an indication that the company's management believes its shares are undervalued.

TransUnion Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 6th. Shareholders of record on Thursday, May 22nd will be given a dividend of $0.115 per share. The ex-dividend date of this dividend is Thursday, May 22nd. This represents a $0.46 dividend on an annualized basis and a yield of 0.54%. TransUnion's payout ratio is currently 24.47%.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the company. Bank of America initiated coverage on TransUnion in a report on Thursday, April 10th. They set an "underperform" rating and a $84.00 price objective on the stock. Barclays lowered their price objective on shares of TransUnion from $105.00 to $85.00 and set an "equal weight" rating for the company in a research note on Friday, April 4th. Stifel Nicolaus cut their target price on shares of TransUnion from $120.00 to $112.00 and set a "buy" rating on the stock in a research report on Friday, April 25th. Needham & Company LLC restated a "hold" rating on shares of TransUnion in a report on Friday, February 14th. Finally, Oppenheimer upped their price objective on TransUnion from $96.00 to $100.00 and gave the stock an "outperform" rating in a research note on Thursday, May 22nd. One research analyst has rated the stock with a sell rating, four have issued a hold rating and nine have assigned a buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $109.69.

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.