Quantinno Capital Management LP Acquires 8,644 Shares of TransUnion (NYSE:TRU)

Quantinno Capital Management LP lifted its stake in TransUnion (NYSE:TRU - Free Report) by 42.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 28,898 shares of the business services provider's stock after buying an additional 8,644 shares during the period. Quantinno Capital Management LP's holdings in TransUnion were worth $2,679,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the company. Assenagon Asset Management S.A. lifted its stake in shares of TransUnion by 22.0% in the 4th quarter. Assenagon Asset Management S.A. now owns 26,308 shares of the business services provider's stock worth $2,439,000 after acquiring an additional 4,743 shares during the period. Park Avenue Securities LLC grew its holdings in TransUnion by 36.7% in the fourth quarter. Park Avenue Securities LLC now owns 6,405 shares of the business services provider's stock valued at $594,000 after purchasing an additional 1,721 shares during the last quarter. Merit Financial Group LLC acquired a new position in shares of TransUnion during the 4th quarter worth approximately $292,000. Ameritas Advisory Services LLC boosted its stake 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 acquiring an additional 324 shares during the last quarter. Finally, Genesis Private Wealth LLC acquired a new position in shares of TransUnion in the fourth quarter valued at approximately $234,000.

Insider Buying and Selling at TransUnion

In other news, insider Steven M. Chaouki sold 1,000 shares of the company's stock in a transaction dated Thursday, May 1st. The shares were sold at an average price of $82.96, for a total value of $82,960.00. Following the sale, the insider now owns 76,393 shares of the company's stock, valued at approximately $6,337,563.28. This represents a 1.29% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Venkat Achanta sold 1,821 shares of the stock in a transaction that occurred on Wednesday, February 26th. The stock was 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 approximately $10,095,112.82. This trade represents a 1.70% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 4,021 shares of company stock worth $359,761 over the last three months. Corporate insiders own 0.22% of the company's stock.

Analyst Ratings Changes

Several research analysts have recently weighed in on the stock. Barclays cut their price objective on shares of TransUnion from $105.00 to $85.00 and set an "equal weight" rating on the stock in a report on Friday, April 4th. William Blair reissued an "outperform" rating on shares of TransUnion in a research report on Monday, March 24th. Oppenheimer increased their price objective on shares of TransUnion from $96.00 to $100.00 and gave the company an "outperform" rating in a research note on Thursday. Needham & Company LLC restated a "hold" rating on shares of TransUnion in a research note on Friday, February 14th. Finally, 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. 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 company. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $109.69.

TransUnion Price Performance

TRU stock traded down $1.31 during trading hours on Monday, hitting $83.17. 1,951,664 shares of the stock traded hands, compared to its average volume of 1,692,401. TransUnion has a one year low of $66.38 and a one year high of $113.17. 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 50-day simple moving average of $81.77 and a 200 day simple moving average of $90.35. The company has a market cap of $16.23 billion, a P/E ratio of 56.97, a P/E/G ratio of 1.18 and a beta of 1.67.

TransUnion (NYSE:TRU - Get Free Report) last announced its earnings results on Thursday, April 24th. The business services provider reported $1.05 earnings per share (EPS) 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 company had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.07 billion. During the same period in the previous year, the firm earned $0.92 earnings per share. TransUnion's revenue for the quarter was up 7.3% compared to the same quarter last year. Equities analysts forecast that TransUnion will post 3.99 earnings per share for the current year.

TransUnion declared that its Board of Directors has authorized a share buyback program on Thursday, February 13th that authorizes the company to repurchase $500.00 million in shares. This repurchase authorization authorizes the business services provider to repurchase up to 2.6% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company's management believes its stock is undervalued.

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 0.55%. TransUnion's payout ratio is 24.47%.

TransUnion Profile

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.