TransUnion (NYSE:TRU) Shares Bought by Xn LP

XN LP lifted its stake in shares of TransUnion (NYSE:TRU - Free Report) by 2.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,907,775 shares of the business services provider's stock after acquiring an additional 54,330 shares during the quarter. TransUnion accounts for about 7.0% of XN LP's portfolio, making the stock its 4th largest position. XN LP owned 0.98% of TransUnion worth $176,870,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of TRU. Assenagon Asset Management S.A. increased its position in shares of TransUnion by 22.0% during the fourth 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 period. Park Avenue Securities LLC increased its position in shares of TransUnion by 36.7% during the fourth quarter. Park Avenue Securities LLC now owns 6,405 shares of the business services provider's stock worth $594,000 after acquiring an additional 1,721 shares during the period. Merit Financial Group LLC purchased a new stake in shares of TransUnion during the fourth quarter worth $292,000. Ameritas Advisory Services LLC increased its position in shares of TransUnion by 2.3% during the fourth quarter. Ameritas Advisory Services LLC now owns 14,274 shares of the business services provider's stock worth $1,323,000 after acquiring an additional 324 shares during the period. Finally, Genesis Private Wealth LLC purchased a new stake in shares of TransUnion during the fourth quarter worth $234,000.

Insider Activity at TransUnion

In related news, insider Steven M. Chaouki sold 1,000 shares of the firm's stock in a transaction dated Tuesday, April 1st. The shares were sold at an average price of $83.31, for a total value of $83,310.00. Following the completion of the sale, the insider now owns 77,393 shares in the company, valued at $6,447,610.83. This trade represents a 1.28% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Venkat Achanta sold 1,821 shares of the firm's stock in a transaction dated Wednesday, February 26th. The shares were sold at an average price of $95.74, for a total transaction of $174,342.54. Following the completion of the sale, the executive vice president now owns 105,443 shares of the company's stock, valued at approximately $10,095,112.82. The trade was a 1.70% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 4,021 shares of company stock worth $359,761 over the last 90 days. Company insiders own 0.22% of the company's stock.

TransUnion Stock Performance

Shares of TRU traded down $1.31 during mid-day trading on Friday, hitting $83.17. 1,951,664 shares of the company's stock were exchanged, compared to its average volume of 1,692,401. TransUnion has a fifty-two week low of $66.38 and a fifty-two week high of $113.17. The firm has a market capitalization of $16.23 billion, a P/E ratio of 56.97, a P/E/G ratio of 1.18 and a beta of 1.67. The business's 50 day moving average is $81.77 and its two-hundred day moving average is $90.46. The company has a current ratio of 1.70, a quick 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, 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 business had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.07 billion. During the same quarter in the prior year, the firm earned $0.92 earnings per share. The business's quarterly revenue was up 7.3% compared to the same quarter last year. On average, equities analysts expect that TransUnion will post 3.99 earnings per share for the current year.

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

TransUnion Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 6th. Investors of record on Thursday, May 22nd will be given a $0.115 dividend. The ex-dividend date is Thursday, May 22nd. This represents a $0.46 dividend on an annualized basis and a yield of 0.55%. TransUnion's payout ratio is currently 24.47%.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on TRU shares. Morgan Stanley dropped their price objective on TransUnion from $130.00 to $127.00 and set an "overweight" rating on the stock in a report on Tuesday, January 28th. Stifel Nicolaus dropped their price objective on TransUnion from $120.00 to $112.00 and set a "buy" rating on the stock in a report on Friday, April 25th. Needham & Company LLC reaffirmed a "hold" rating on shares of TransUnion in a report on Friday, February 14th. UBS Group raised their price objective on TransUnion from $102.00 to $104.00 and gave the stock a "neutral" rating in a report on Monday, February 3rd. Finally, Bank of America started coverage on TransUnion in a report on Thursday, April 10th. They set an "underperform" rating and a $84.00 price objective on the stock. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and nine have given a buy rating to the company's stock. Based on data from MarketBeat.com, TransUnion currently has an average rating of "Moderate Buy" and an average target price of $109.69.

TransUnion 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.