TransUnion (NYSE:TRU) Shares Purchased by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of TransUnion (NYSE:TRU - Free Report) by 8.6% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund 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 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in TRU. Wellington Management Group LLP grew its stake in 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 worth $625,779,000 after buying an additional 2,323,339 shares during the last quarter. Norges Bank acquired a new stake in TransUnion during the 4th quarter worth approximately $180,011,000. Point72 Asset Management L.P. purchased a new stake in shares of TransUnion during the fourth quarter worth approximately $74,283,000. William Blair Investment Management LLC grew its position in TransUnion by 30.6% in the 4th 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 buying an additional 789,497 shares during the last quarter. Finally, FMR LLC lifted its stake in shares of TransUnion by 11.1% in the 4th quarter. FMR LLC now owns 5,044,865 shares of the business services provider's stock worth $467,709,000 after acquiring an additional 503,969 shares during the period.

Insider Buying and Selling

In other TransUnion news, insider Steven M. Chaouki sold 1,000 shares of TransUnion stock in a transaction on Thursday, May 1st. The shares were sold at an average price of $82.96, for a total value of $82,960.00. Following the completion of the transaction, the insider now owns 76,393 shares of the company's stock, valued at approximately $6,337,563.28. The trade was a 1.29% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 0.25% of the stock is currently owned by corporate insiders.

TransUnion Stock Down 1.3%

Shares of TRU traded down $1.14 during mid-day trading on Thursday, reaching $84.82. The company had a trading volume of 467,304 shares, compared to its average volume of 1,981,289. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.70 and a current ratio of 1.70. The firm has a 50-day moving average price of $81.70 and a 200 day moving average price of $90.10. TransUnion has a 52 week low of $66.38 and a 52 week high of $113.17. The company has a market capitalization of $16.55 billion, a price-to-earnings ratio of 58.10, a price-to-earnings-growth 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 business had revenue of $1.10 billion during 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 business's revenue was up 7.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.92 EPS. On average, sell-side analysts forecast that TransUnion will post 3.99 EPS for the current year.

TransUnion declared that its board has approved a stock repurchase program on Thursday, February 13th that permits the company to buyback $500.00 million in shares. This buyback authorization permits the business services provider to reacquire up to 2.6% of its stock through open market purchases. Stock buyback programs are often a sign that the company's leadership believes its stock is undervalued.

TransUnion Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 6th. Stockholders of record on Thursday, May 22nd will be paid 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 dividend yield of 0.54%. TransUnion's payout ratio is currently 24.47%.

Analyst Ratings Changes

A number of equities research analysts have recently commented on TRU shares. Barclays lowered their price objective on TransUnion from $105.00 to $85.00 and set an "equal weight" rating for the company in a research report on Friday, April 4th. Bank of America initiated coverage on TransUnion in a research report on Thursday, April 10th. They issued an "underperform" rating and a $84.00 target price for the company. Wells Fargo & Company lowered their price target on TransUnion from $130.00 to $117.00 and set an "overweight" rating on the stock in a report on Monday, April 14th. Needham & Company LLC reissued a "hold" rating on shares of TransUnion in a research report on Friday, February 14th. Finally, Oppenheimer upped their price objective on TransUnion from $96.00 to $100.00 and gave the company an "outperform" rating in a research note on Thursday, May 22nd. One analyst has rated the stock with a sell rating, four have given a hold rating and nine have given a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus 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.