TransUnion (NYSE:TRU) Shares Sold by USS Investment Management Ltd

USS Investment Management Ltd lessened its stake in TransUnion (NYSE:TRU - Free Report) by 27.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 34,525 shares of the business services provider's stock after selling 13,073 shares during the quarter. USS Investment Management Ltd's holdings in TransUnion were worth $3,200,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Aster Capital Management DIFC Ltd acquired a new position in TransUnion during the 4th quarter valued at about $40,000. Huntington National Bank boosted its stake in TransUnion by 58.7% during the 4th 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 during the period. Brown Brothers Harriman & Co. acquired a new stake in shares of TransUnion in the 4th quarter worth approximately $47,000. Mizuho Bank Ltd. acquired a new stake in shares of TransUnion in the 4th quarter worth approximately $47,000. Finally, Kapitalo Investimentos Ltda acquired a new stake in shares of TransUnion in the 4th quarter worth approximately $47,000.

Insiders Place Their Bets

In other news, insider Steven M. Chaouki sold 1,000 shares of the company'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 completion of the sale, the insider now owns 76,393 shares of the company's stock, valued at $6,337,563.28. This represents a 1.29% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.25% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several research firms recently commented on TRU. Barclays cut 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 note on Friday, April 4th. Oppenheimer raised their price target on shares of TransUnion from $96.00 to $100.00 and gave the company an "outperform" rating in a report on Thursday, May 22nd. UBS Group raised their target price on shares of TransUnion from $102.00 to $104.00 and gave the company a "neutral" rating in a research note on Monday, February 3rd. 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 shares of TransUnion in a report on Thursday, April 10th. They set an "underperform" rating and a $84.00 price objective on the stock. One research analyst has rated the stock with a sell rating, four have given a hold rating and nine have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $109.69.

TransUnion Price Performance

TRU traded down $1.33 on Thursday, reaching $84.63. The company had a trading volume of 416,239 shares, compared to its average volume of 1,699,735. The business has a 50 day simple moving average of $81.70 and a 200 day simple moving average of $90.10. The company has a market cap of $16.51 billion, a price-to-earnings ratio of 57.88, a P/E/G ratio of 1.18 and a beta of 1.67. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.70 and a current ratio of 1.70. TransUnion has a 52-week low of $66.38 and a 52-week high of $113.17.

TransUnion (NYSE:TRU - Get Free Report) last posted its quarterly earnings results on Thursday, April 24th. The business services provider reported $1.05 EPS for the quarter, topping 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 business's revenue was up 7.3% compared to the same quarter last year. During the same period last year, the firm posted $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 has approved a share repurchase plan on Thursday, February 13th that permits the company to buyback $500.00 million in shares. This buyback authorization permits the business services provider to purchase up to 2.6% of its stock through open market purchases. Stock buyback plans are often a sign that the company's board believes its shares are undervalued.

TransUnion Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 6th. Shareholders of record on Thursday, May 22nd will be given a $0.115 dividend. This represents a $0.46 dividend on an annualized basis and a yield of 0.54%. The ex-dividend date of this dividend is Thursday, May 22nd. TransUnion's dividend payout ratio (DPR) is 24.47%.

About TransUnion

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.