TransUnion (NYSE:TRU) is Theleme Partners LLP's 6th Largest Position

Theleme Partners LLP decreased its holdings in TransUnion (NYSE:TRU - Free Report) by 32.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,480,357 shares of the business services provider's stock after selling 725,000 shares during the quarter. TransUnion accounts for about 9.2% of Theleme Partners LLP's investment portfolio, making the stock its 6th largest position. Theleme Partners LLP owned approximately 0.76% of TransUnion worth $137,244,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Wellington Management Group LLP grew its position in shares of TransUnion by 52.5% during the 4th quarter. Wellington Management Group LLP now owns 6,749,849 shares of the business services provider's stock valued at $625,779,000 after acquiring an additional 2,323,339 shares during the period. Norges Bank purchased a new position in TransUnion during the fourth quarter valued at $180,011,000. Point72 Asset Management L.P. bought a new stake in TransUnion during the fourth quarter valued at about $74,283,000. William Blair Investment Management LLC grew its holdings in TransUnion by 30.6% during the fourth quarter. William Blair Investment Management LLC now owns 3,370,742 shares of the business services provider's stock valued at $312,501,000 after purchasing an additional 789,497 shares during the period. Finally, FMR LLC increased its position in TransUnion by 11.1% in the fourth quarter. FMR LLC now owns 5,044,865 shares of the business services provider's stock worth $467,709,000 after buying an additional 503,969 shares in the last quarter.

Analyst Ratings Changes

TRU has been the topic of a number of analyst reports. Stifel Nicolaus lowered their price objective on TransUnion from $120.00 to $112.00 and set a "buy" rating on the stock in a research report on Friday, April 25th. Bank of America started coverage on shares of TransUnion in a research note on Thursday, April 10th. They set an "underperform" rating and a $84.00 target price on the stock. William Blair reiterated an "outperform" rating on shares of TransUnion in a research report on Monday, March 24th. Barclays reduced 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. Finally, Oppenheimer raised their price objective on shares of TransUnion from $96.00 to $100.00 and gave the company an "outperform" rating in a research report on Thursday. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and nine have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $109.69.

Insider Transactions at TransUnion

In other TransUnion news, EVP Venkat Achanta sold 1,821 shares of TransUnion stock in a transaction 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 transaction, the executive vice president now directly owns 105,443 shares of the company's stock, valued at $10,095,112.82. This trade represents a 1.70% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, 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 completion of the sale, the insider now owns 77,393 shares in the company, valued at approximately $6,447,610.83. This trade represents a 1.28% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 4,021 shares of company stock valued at $359,761 in the last ninety days. Corporate insiders own 0.22% of the company's stock.

TransUnion Price Performance

TRU stock traded down $0.77 during mid-day trading on Friday, hitting $83.72. The company had a trading volume of 833,137 shares, compared to its average volume of 1,687,940. The company has a 50-day moving average price of $81.77 and a 200 day moving average price of $90.68. TransUnion has a 12-month low of $66.38 and a 12-month high of $113.17. The company has a market capitalization of $16.33 billion, a price-to-earnings ratio of 57.29, a P/E/G ratio of 1.18 and a beta of 1.67. 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 (NYSE:TRU - Get Free Report) last issued its earnings results on Thursday, April 24th. The business services provider reported $1.05 earnings per share (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 firm had revenue of $1.10 billion for the quarter, compared to analysts' expectations of $1.07 billion. During the same period in the previous year, the firm posted $0.92 earnings per share. The business's revenue was up 7.3% compared to the same quarter last year. On average, research analysts anticipate that TransUnion will post 3.99 earnings per share for the current year.

TransUnion Announces Dividend

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 paid a $0.115 dividend. This represents a $0.46 dividend on an annualized basis and a yield of 0.55%. The ex-dividend date of this dividend is Thursday, May 22nd. TransUnion's payout ratio is 24.47%.

TransUnion declared that its Board of Directors has approved a share buyback plan on Thursday, February 13th that allows the company to repurchase $500.00 million in shares. This repurchase authorization allows the business services provider to buy up to 2.6% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company's management 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.