UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Buys 101,896 Shares of TransUnion (NYSE:TRU)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in TransUnion (NYSE:TRU - Free Report) by 8.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,281,932 shares of the business services provider's stock after buying an additional 101,896 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.66% of TransUnion worth $118,848,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Merit Financial Group LLC acquired a new position in TransUnion in the 4th quarter worth $292,000. SG Americas Securities LLC lifted its holdings in shares of TransUnion by 293.0% in the fourth quarter. SG Americas Securities LLC now owns 17,602 shares of the business services provider's stock valued at $1,632,000 after purchasing an additional 13,123 shares in the last quarter. Avior Wealth Management LLC boosted its position in shares of TransUnion by 9.3% during the fourth quarter. Avior Wealth Management LLC now owns 5,359 shares of the business services provider's stock worth $497,000 after buying an additional 458 shares during the period. Hengehold Capital Management LLC grew its holdings in shares of TransUnion by 40.4% during the fourth quarter. Hengehold Capital Management LLC now owns 4,896 shares of the business services provider's stock worth $454,000 after buying an additional 1,409 shares in the last quarter. Finally, Toth Financial Advisory Corp raised its position in TransUnion by 9.7% in the 4th quarter. Toth Financial Advisory Corp now owns 76,396 shares of the business services provider's stock valued at $7,083,000 after buying an additional 6,741 shares during the last quarter.

TransUnion Stock Performance

Shares of TRU stock traded up $3.48 during trading on Wednesday, reaching $86.15. 2,904,860 shares of the company's stock were exchanged, compared to its average volume of 1,702,584. TransUnion has a twelve month low of $66.38 and a twelve month high of $113.17. The firm's fifty day moving average price is $81.68 and its 200-day moving average price is $90.13. The company has a quick ratio of 1.70, a current ratio of 1.70 and a debt-to-equity ratio of 1.18. The stock has a market capitalization of $16.81 billion, a PE ratio of 59.01, a PEG ratio of 1.18 and a beta of 1.67.

TransUnion (NYSE:TRU - Get Free Report) last released its quarterly earnings data on Thursday, April 24th. The business services provider reported $1.05 EPS 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 the consensus estimate of $1.07 billion. TransUnion had a net margin of 6.80% and a return on equity of 15.85%. The company's quarterly revenue was up 7.3% on a year-over-year basis. During the same period in the previous year, the company earned $0.92 earnings per share. As a group, sell-side analysts anticipate that TransUnion will post 3.99 EPS for the current year.

TransUnion declared that its Board of Directors has approved a stock 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 purchase up to 2.6% of its shares through open market purchases. Shares buyback programs are typically a sign that the company's management believes its shares are undervalued.

TransUnion Dividend Announcement

The business 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 annualized dividend and a yield of 0.53%. TransUnion's dividend payout ratio (DPR) is presently 24.47%.

Insider Transactions at TransUnion

In related news, insider Steven M. Chaouki sold 1,000 shares of the firm's stock in a transaction dated Thursday, May 1st. The shares were sold at an average price of $82.96, for a total transaction of $82,960.00. Following the transaction, the insider now directly owns 76,393 shares of the company's stock, valued at approximately $6,337,563.28. This trade represents a 1.29% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.25% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on TRU. UBS Group raised their price target on shares of TransUnion from $102.00 to $104.00 and gave the stock a "neutral" rating in a research note on Monday, February 3rd. Barclays decreased their target price 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. Morgan Stanley cut their price target on shares of TransUnion from $130.00 to $127.00 and set an "overweight" rating on the stock in a research report on Tuesday, January 28th. Needham & Company LLC restated a "hold" rating on shares of TransUnion in a report on Friday, February 14th. Finally, Bank of America started coverage on TransUnion in a report on Thursday, April 10th. They set an "underperform" rating and a $84.00 target price on the stock. One 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, the company presently has an average rating of "Moderate Buy" and an average target price of $109.69.

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.