Universal Beteiligungs und Servicegesellschaft mbH Buys 2,718 Shares of TransUnion (NYSE:TRU)

Key Points

• Universal Beteiligungs und Servicegesellschaft mbH increased its stake in TransUnion by 3.6%, owning a total of 77,303 shares valued at approximately $6.4 million.
• TransUnion reported earnings per share (EPS) of $1.08, surpassing analysts' expectations of $0.99, and achieved revenue of $1.14 billion for the latest quarter.
• The company announced a quarterly dividend of $0.115 per share, resulting in an annualized yield of 0.46%.

Universal Beteiligungs und Servicegesellschaft mbH boosted its holdings in shares of TransUnion (NYSE:TRU - Free Report) by 3.6% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 77,303 shares of the business services provider's stock after purchasing an additional 2,718 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH's holdings in TransUnion were worth $6,415,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Wellington Management Group LLP increased its holdings in shares of TransUnion by 52.5% in the fourth quarter. Wellington Management Group LLP now owns 6,749,849 shares of the business services provider's stock worth $625,779,000 after purchasing an additional 2,323,339 shares during the last quarter. Massachusetts Financial Services Co. MA raised its holdings in shares of TransUnion by 10.9% during the 1st quarter. Massachusetts Financial Services Co. MA now owns 21,674,473 shares of the business services provider's stock worth $1,798,765,000 after acquiring an additional 2,134,342 shares in the last quarter. Norges Bank bought a new position in shares of TransUnion during the 4th quarter valued at approximately $180,011,000. Point72 Asset Management L.P. purchased a new position in shares of TransUnion in the fourth quarter valued at $74,283,000. 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 purchasing an additional 503,969 shares during the last quarter.

TransUnion Trading Down 1.0%

TRU traded down $1.04 on Monday, reaching $98.18. 1,851,958 shares of the company traded hands, compared to its average volume of 2,086,541. The company has a market cap of $19.15 billion, a P/E ratio of 49.09, a price-to-earnings-growth ratio of 2.71 and a beta of 1.63. The company has a quick ratio of 2.02, a current ratio of 2.03 and a debt-to-equity ratio of 1.09. TransUnion has a one year low of $66.38 and a one year high of $113.17. The firm has a fifty day simple moving average of $88.78 and a two-hundred day simple moving average of $87.74.

TransUnion (NYSE:TRU - Get Free Report) last posted its quarterly earnings results on Thursday, July 24th. The business services provider reported $1.08 earnings per share for the quarter, beating the consensus estimate of $0.99 by $0.09. TransUnion had a net margin of 8.99% and a return on equity of 16.08%. The firm had revenue of $1.14 billion during the quarter, compared to the consensus estimate of $1.10 billion. During the same quarter in the previous year, the firm posted $0.99 earnings per share. The company's revenue was up 9.5% on a year-over-year basis. As a group, equities research analysts expect that TransUnion will post 3.99 earnings per share for the current year.

TransUnion Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 6th. Shareholders of record on Thursday, May 22nd were issued a $0.115 dividend. This represents a $0.46 annualized dividend and a dividend yield of 0.47%. The ex-dividend date of this dividend was Thursday, May 22nd. TransUnion's dividend payout ratio is 23.00%.

Wall Street Analyst Weigh In

TRU has been the subject of several research reports. Stifel Nicolaus lowered their price objective 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. Bank of America initiated coverage on TransUnion in a research report on Thursday, April 10th. They issued an "underperform" rating and a $84.00 price target for the company. Wall Street Zen raised TransUnion from a "hold" rating to a "buy" rating in a research note on Saturday. Wells Fargo & Company lowered their price objective on TransUnion from $124.00 to $118.00 and set an "overweight" rating for the company in a research note on Friday. Finally, Needham & Company LLC reissued a "hold" rating on shares of TransUnion in a research report on Friday. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and eleven have given a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $112.46.

Insider Buying and Selling

In other news, insider Steven M. Chaouki sold 1,000 shares of the company's stock in a transaction that occurred on Tuesday, July 1st. The shares were sold at an average price of $87.14, for a total value of $87,140.00. Following the completion of the sale, the insider owned 74,393 shares of the company's stock, valued at approximately $6,482,606.02. This represents a 1.33% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Over the last quarter, insiders have sold 3,000 shares of company stock worth $255,010. Company insiders own 0.22% of the company's stock.

TransUnion Company 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.