Xn LP Has $176.87 Million Position in TransUnion (NYSE:TRU)

Xn LP increased its holdings in TransUnion (NYSE:TRU - Free Report) by 2.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,907,775 shares of the business services provider's stock after purchasing an additional 54,330 shares during the period. TransUnion makes up 7.0% of Xn LP's investment portfolio, making the stock its 4th biggest holding. Xn LP owned 0.98% of TransUnion worth $176,870,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the business. Charles Schwab Investment Management Inc. lifted its position in TransUnion by 3.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 700,518 shares of the business services provider's stock worth $64,945,000 after acquiring an additional 22,826 shares during the last quarter. Jones Financial Companies Lllp lifted its position in TransUnion by 62.1% during the 4th quarter. Jones Financial Companies Lllp now owns 2,097 shares of the business services provider's stock worth $194,000 after acquiring an additional 803 shares during the last quarter. JPMorgan Chase & Co. lifted its position in TransUnion by 39.5% during the 4th quarter. JPMorgan Chase & Co. now owns 315,530 shares of the business services provider's stock worth $29,253,000 after acquiring an additional 89,340 shares during the last quarter. Assenagon Asset Management S.A. lifted its position in TransUnion by 22.0% during the 4th quarter. Assenagon Asset Management S.A. now owns 26,308 shares of the business services provider's stock worth $2,439,000 after acquiring an additional 4,743 shares during the last quarter. Finally, Financiere des Professionnels Fonds d investissement inc. lifted its position in TransUnion by 32.2% during the 4th quarter. Financiere des Professionnels Fonds d investissement inc. now owns 191,364 shares of the business services provider's stock worth $17,741,000 after acquiring an additional 46,612 shares during the last quarter.

TransUnion Stock Performance

NYSE:TRU opened at $91.94 on Tuesday. TransUnion has a 12-month low of $66.38 and a 12-month high of $113.17. The company has a quick ratio of 1.70, a current ratio of 1.70 and a debt-to-equity ratio of 1.18. The firm has a market capitalization of $17.94 billion, a PE ratio of 62.97, a price-to-earnings-growth ratio of 1.18 and a beta of 1.67. The firm has a 50-day moving average price of $81.60 and a 200 day moving average price of $90.85.

TransUnion (NYSE:TRU - Get Free Report) last posted its quarterly earnings results on Thursday, April 24th. The business services provider reported $1.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.98 by $0.07. TransUnion had a net margin of 6.80% and a return on equity of 15.85%. The firm had revenue of $1.10 billion during the quarter, compared to analyst estimates of $1.07 billion. During the same quarter in the prior year, the business posted $0.92 earnings per share. The company's quarterly revenue was up 7.3% compared to the same quarter last year. Research analysts anticipate that TransUnion will post 3.99 earnings per share for the current fiscal year.

TransUnion Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 6th. Shareholders of record on Thursday, May 22nd will be paid a dividend of $0.115 per share. The ex-dividend date is Thursday, May 22nd. This represents a $0.46 annualized dividend and a yield of 0.50%. TransUnion's dividend payout ratio is 24.47%.

TransUnion announced that its Board of Directors has authorized a stock buyback program on Thursday, February 13th that permits the company to buyback $500.00 million in outstanding shares. This buyback authorization permits the business services provider to purchase up to 2.6% of its shares through open market purchases. Shares buyback programs are usually a sign that the company's management believes its shares are undervalued.

Analysts Set New Price Targets

A number of research analysts have weighed in on the stock. Stifel Nicolaus cut their target price 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. William Blair reissued an "outperform" rating on shares of TransUnion in a research report on Monday, March 24th. Needham & Company LLC reaffirmed a "hold" rating on shares of TransUnion in a research report on Friday, February 14th. Wells Fargo & Company cut their price objective on shares of TransUnion from $130.00 to $117.00 and set an "overweight" rating for the company in a research report on Monday, April 14th. Finally, Oppenheimer upped their price objective on shares of TransUnion from $93.00 to $96.00 and gave the company an "outperform" rating in a research report on Friday, April 25th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and nine have given a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $109.38.

Insiders Place Their Bets

In other TransUnion news, insider Steven M. Chaouki sold 1,000 shares of the company's stock in a transaction dated Tuesday, April 1st. The shares were sold at an average price of $83.31, for a total transaction of $83,310.00. Following the sale, the insider now directly owns 77,393 shares of the company's stock, valued at approximately $6,447,610.83. This represents a 1.28% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Venkat Achanta sold 1,821 shares of the company's stock in a transaction dated Wednesday, February 26th. The stock was sold at an average price of $95.74, for a total transaction of $174,342.54. Following the sale, the executive vice president now directly owns 105,443 shares in the company, valued at $10,095,112.82. This represents a 1.70% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 4,021 shares of company stock valued at $359,761. 0.22% of the stock is currently owned by insiders.

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.

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