USS Investment Management Ltd Sells 13,073 Shares of TransUnion (NYSE:TRU)

USS Investment Management Ltd reduced its position in TransUnion (NYSE:TRU - Free Report) by 27.5% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 34,525 shares of the business services provider's stock after selling 13,073 shares during the period. USS Investment Management Ltd's holdings in TransUnion were worth $3,200,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the business. Massachusetts Financial Services Co. MA grew its stake in TransUnion by 1.9% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 19,540,131 shares of the business services provider's stock valued at $1,811,566,000 after buying an additional 359,569 shares in the last quarter. Vanguard Group Inc. grew its position in TransUnion by 1.4% in the fourth quarter. Vanguard Group Inc. now owns 18,066,657 shares of the business services provider's stock worth $1,674,960,000 after acquiring an additional 241,019 shares in the last quarter. Wellington Management Group LLP grew its position in 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 acquiring an additional 2,323,339 shares in the last quarter. Van ECK Associates Corp lifted its stake in TransUnion by 7.4% in the fourth quarter. Van ECK Associates Corp now owns 5,139,607 shares of the business services provider's stock worth $476,493,000 after purchasing an additional 356,306 shares during the last quarter. Finally, FMR LLC lifted its stake 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 Stock Down 0.6%

Shares of NYSE TRU traded down $0.50 on Tuesday, reaching $82.67. 3,035,840 shares of the company's stock traded hands, compared to its average volume of 1,697,775. TransUnion has a 12 month low of $66.38 and a 12 month high of $113.17. The business's 50 day simple moving average is $81.74 and its two-hundred day simple moving average is $90.18. The company has a market cap of $16.13 billion, a price-to-earnings ratio of 56.62, a price-to-earnings-growth 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 announced its earnings results on Thursday, April 24th. The business services provider reported $1.05 earnings per share for the quarter, beating analysts' consensus estimates of $0.98 by $0.07. TransUnion had a net margin of 6.80% and a return on equity of 15.85%. The business had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.07 billion. During the same quarter last year, the firm earned $0.92 earnings per share. The business's revenue for the quarter was up 7.3% on a year-over-year basis. As a group, equities research analysts forecast that TransUnion will post 3.99 EPS for the current fiscal year.

TransUnion Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 6th. Stockholders of record on Thursday, May 22nd will be issued a dividend of $0.115 per share. This represents a $0.46 dividend on an annualized basis and a dividend yield of 0.56%. The ex-dividend date of this dividend is Thursday, May 22nd. TransUnion's payout ratio is 24.47%.

TransUnion announced that its Board of Directors has initiated a share repurchase plan on Thursday, February 13th that authorizes the company to repurchase $500.00 million in outstanding shares. This repurchase authorization authorizes the business services provider to purchase up to 2.6% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's board believes its stock is undervalued.

Wall Street Analyst Weigh In

TRU has been the subject of several recent analyst 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 note on Friday, April 25th. Bank of America initiated coverage on shares of TransUnion in a research note on Thursday, April 10th. They set an "underperform" rating and a $84.00 price objective for the company. William Blair reaffirmed an "outperform" rating on shares of TransUnion in a research note on Monday, March 24th. Oppenheimer increased their price target on shares of TransUnion from $96.00 to $100.00 and gave the stock an "outperform" rating in a research note on Thursday, May 22nd. Finally, Needham & Company LLC reissued a "hold" rating on shares of TransUnion in a research note on Friday, February 14th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and nine have issued a buy rating to the stock. According to MarketBeat, TransUnion presently has an average rating of "Moderate Buy" and a consensus target price of $109.69.

Insider Activity

In related news, EVP Venkat Achanta sold 1,821 shares of the firm's stock in a transaction that occurred 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 sale, the executive vice president now owns 105,443 shares in the company, valued at approximately $10,095,112.82. This trade represents a 1.70% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Steven M. Chaouki sold 1,000 shares of the stock in a transaction that occurred on Thursday, May 1st. The stock was sold at an average price of $82.96, for a total transaction of $82,960.00. Following the completion of the transaction, the insider now owns 76,393 shares in the company, valued at $6,337,563.28. The trade was a 1.29% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 4,021 shares of company stock worth $359,761 over the last 90 days. 0.22% of the stock is currently owned by insiders.

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.