TransUnion $TRU Shares Purchased by Pictet Asset Management Holding SA

Key Points

• Pictet Asset Management boosted its TransUnion stake by 15.8% in Q4, adding 276,564 shares to hold 2,023,315 shares (~1.04% of the company) worth about $173.6 million.
• TransUnion's latest quarter met expectations with EPS of $1.18 and revenue of $1.25 billion, and analysts show a consensus rating of "Moderate Buy" with a $92.53 target price.
• Insiders have been net sellers recently — 13,729 shares (~$1.03 million) sold over the past three months (including pre‑arranged Rule 10b5‑1 trades) while insiders retain 0.37% ownership.

Pictet Asset Management Holding SA increased its holdings in shares of TransUnion (NYSE:TRU - Free Report) by 15.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,023,315 shares of the business services provider's stock after acquiring an additional 276,564 shares during the period. Pictet Asset Management Holding SA owned approximately 1.04% of TransUnion worth $173,585,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Eagle Bay Advisors LLC acquired a new position in TransUnion during the fourth quarter worth $25,000. Board of the Pension Protection Fund acquired a new position in TransUnion during the fourth quarter worth $26,000. Geneos Wealth Management Inc. grew its holdings in TransUnion by 1,318.2% during the first quarter. Geneos Wealth Management Inc. now owns 312 shares of the business services provider's stock worth $26,000 after acquiring an additional 290 shares during the period. True Wealth Design LLC grew its holdings in TransUnion by 200.8% during the fourth quarter. True Wealth Design LLC now owns 367 shares of the business services provider's stock worth $31,000 after acquiring an additional 245 shares during the period. Finally, Measured Wealth Private Client Group LLC acquired a new position in TransUnion during the third quarter worth $36,000.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the company. New Street Research set a $100.00 price objective on TransUnion in a report on Wednesday, March 11th. Morgan Stanley decreased their target price on TransUnion from $105.00 to $100.00 and set an "overweight" rating on the stock in a research report on Wednesday, March 11th. UBS Group decreased their target price on TransUnion from $72.00 to $69.00 and set a "neutral" rating on the stock in a research report on Monday, April 13th. BMO Capital Markets upgraded TransUnion to a "strong-buy" rating in a research report on Friday, January 23rd. Finally, Mizuho initiated coverage on TransUnion in a research report on Thursday, April 16th. They set a "neutral" rating and a $80.00 target price on the stock. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, TransUnion currently has a consensus rating of "Moderate Buy" and a consensus target price of $92.53.

Insider Buying and Selling

In other news, EVP Heather J. Russell sold 1,983 shares of the company's stock in a transaction on Tuesday, April 21st. The stock was sold at an average price of $80.00, for a total value of $158,640.00. Following the sale, the executive vice president directly owned 39,080 shares in the company, valued at $3,126,400. This represents a 4.83% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Steven M. Chaouki sold 5,000 shares of the company's stock in a transaction on Thursday, April 2nd. The shares were sold at an average price of $70.00, for a total value of $350,000.00. Following the completion of the sale, the insider owned 89,711 shares in the company, valued at $6,279,770. This represents a 5.28% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 13,729 shares of company stock valued at $1,031,619 over the last three months. Insiders own 0.37% of the company's stock.

TransUnion Stock Down 2.0%

Shares of NYSE:TRU opened at $71.15 on Tuesday. The company has a quick ratio of 1.75, a current ratio of 1.75 and a debt-to-equity ratio of 1.08. TransUnion has a 52-week low of $65.24 and a 52-week high of $99.39. The stock's fifty day simple moving average is $72.85 and its 200-day simple moving average is $78.69. The company has a market capitalization of $13.73 billion, a P/E ratio of 30.67, a P/E/G ratio of 1.29 and a beta of 1.71.

TransUnion (NYSE:TRU - Get Free Report) last issued its quarterly earnings data on Tuesday, April 28th. The business services provider reported $1.18 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.18. TransUnion had a return on equity of 16.19% and a net margin of 9.95%.The business had revenue of $1.25 billion for the quarter, compared to the consensus estimate of $1.25 billion. As a group, equities research analysts forecast that TransUnion will post 4.21 earnings per share for the current fiscal year.

TransUnion Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 13th. Stockholders of record on Thursday, February 26th were given a $0.125 dividend. This is an increase from TransUnion's previous quarterly dividend of $0.12. This represents a $0.50 annualized dividend and a dividend yield of 0.7%. The ex-dividend date was Thursday, February 26th. TransUnion's dividend payout ratio (DPR) is currently 21.55%.

TransUnion Company Profile

TransUnion is a global information and insights company that helps businesses and consumers make critical decisions using data and analytics. As one of the three major credit bureaus in the United States, TransUnion collects and aggregates credit information on individuals and businesses, providing credit reports, risk scores and portfolio management tools to financial institutions, lenders, landlords and other decision makers. Its consumer-facing products enable individuals to monitor credit status, detect identity theft and access personalized financial insights.

The company's offerings span credit risk assessment, identity management, fraud prevention and marketing solutions.

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