Reinhart Partners LLC. Trims Stock Position in TransUnion (NYSE:TRU)

Reinhart Partners LLC. lessened its holdings in TransUnion (NYSE:TRU - Free Report) by 7.5% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 135,533 shares of the business services provider's stock after selling 10,979 shares during the period. Reinhart Partners LLC. owned 0.07% of TransUnion worth $11,248,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Aster Capital Management DIFC Ltd purchased a new stake in shares of TransUnion in the fourth quarter valued at about $40,000. Huntington National Bank lifted its holdings in shares of TransUnion by 58.7% in the fourth 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 in the last quarter. Brown Brothers Harriman & Co. purchased a new stake in shares of TransUnion in the fourth quarter valued at about $47,000. Mizuho Bank Ltd. purchased a new stake in shares of TransUnion in the fourth quarter valued at about $47,000. Finally, Kapitalo Investimentos Ltda acquired a new position in shares of TransUnion in the fourth quarter valued at approximately $47,000.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on TRU shares. Wells Fargo & Company reduced their price objective on shares of TransUnion from $130.00 to $117.00 and set an "overweight" rating on the stock in a research note on Monday, April 14th. William Blair reissued an "outperform" rating on shares of TransUnion in a research note on Monday, March 24th. Needham & Company LLC reaffirmed a "hold" rating on shares of TransUnion in a research report on Friday, February 14th. Stifel Nicolaus dropped their price target on shares of TransUnion from $120.00 to $112.00 and set a "buy" rating for the company in a research report on Friday, April 25th. Finally, Barclays dropped their price target on shares of TransUnion from $105.00 to $85.00 and set an "equal weight" rating for the company in a research report on Friday, April 4th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and nine have issued a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $109.69.

Insiders Place Their Bets

In other TransUnion news, insider Steven M. Chaouki sold 1,000 shares of the stock in a transaction on Tuesday, April 1st. The shares were sold at an average price of $83.31, for a total transaction of $83,310.00. Following the sale, the insider now directly owns 77,393 shares of the company's stock, valued at approximately $6,447,610.83. This represents a 1.28% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Over the last three months, insiders have sold 3,000 shares of company stock valued at $251,180. Company insiders own 0.22% of the company's stock.

TransUnion Trading Up 0.2%

NYSE TRU opened at $86.20 on Friday. TransUnion has a 12 month low of $66.38 and a 12 month high of $113.17. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.70 and a quick ratio of 1.70. The company has a market capitalization of $16.82 billion, a price-to-earnings ratio of 59.04, a price-to-earnings-growth ratio of 1.18 and a beta of 1.64. The company's fifty day moving average price is $81.80 and its two-hundred day moving average price is $89.40.

TransUnion (NYSE:TRU - Get Free Report) last posted 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 prior year, the firm posted $0.92 EPS. The firm's revenue was up 7.3% compared to the same quarter last year. As a group, research analysts predict that TransUnion will post 3.99 earnings per share for the current fiscal year.

TransUnion Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 6th. Shareholders of record on Thursday, May 22nd were paid a dividend of $0.115 per share. The ex-dividend date was Thursday, May 22nd. This represents a $0.46 dividend on an annualized basis and a yield of 0.53%. TransUnion's dividend payout ratio (DPR) is 24.47%.

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

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.

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