Hudson Bay Capital Management LP Has $10.83 Million Position in TransUnion (NYSE:TRU)

Hudson Bay Capital Management LP lessened its holdings in shares of TransUnion (NYSE:TRU - Free Report) by 43.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 116,850 shares of the business services provider's stock after selling 88,197 shares during the period. Hudson Bay Capital Management LP owned 0.06% of TransUnion worth $10,833,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the business. Wellington Management Group LLP raised its holdings in TransUnion by 52.5% during 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 purchasing an additional 2,323,339 shares in the last quarter. Norges Bank acquired a new position in TransUnion in the fourth quarter worth approximately $180,011,000. William Blair Investment Management LLC grew its position in TransUnion by 30.6% in the fourth quarter. William Blair Investment Management LLC now owns 3,370,742 shares of the business services provider's stock worth $312,501,000 after buying an additional 789,497 shares during the last quarter. FMR LLC grew its position in TransUnion by 11.1% during the 4th 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 in the last quarter. Finally, Independent Franchise Partners LLP grew its position in TransUnion by 22.0% during the 4th quarter. Independent Franchise Partners LLP now owns 2,086,050 shares of the business services provider's stock worth $193,398,000 after purchasing an additional 375,736 shares in the last quarter.

Analysts Set New Price Targets

Several equities analysts have weighed in on TRU shares. Bank of America started coverage on shares of TransUnion in a research report on Thursday, April 10th. They set an "underperform" rating and a $84.00 price objective on the stock. UBS Group lifted their price objective on shares of TransUnion from $102.00 to $104.00 and gave the stock a "neutral" rating in a research report on Monday, February 3rd. Barclays lowered their price objective on shares of TransUnion from $105.00 to $85.00 and set an "equal weight" rating on the stock in a research report on Friday, April 4th. Oppenheimer lifted their price objective on shares of TransUnion from $93.00 to $96.00 and gave the stock an "outperform" rating in a research report on Friday, April 25th. Finally, Jefferies Financial Group lowered their price objective on shares of TransUnion from $125.00 to $115.00 and set a "buy" rating on the stock in a research report on Wednesday, January 15th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and nine have issued a buy rating to the company's stock. According to MarketBeat.com, TransUnion has a consensus rating of "Moderate Buy" and a consensus target price of $109.38.

TransUnion Stock Down 0.8%

NYSE:TRU traded down $0.73 during trading hours on Wednesday, reaching $90.74. The company's stock had a trading volume of 1,145,306 shares, compared to its average volume of 1,673,892. The company has a market cap of $17.70 billion, a price-to-earnings ratio of 62.15, a price-to-earnings-growth ratio of 1.18 and a beta of 1.67. TransUnion has a one year low of $66.38 and a one year high of $113.17. The business's 50-day moving average is $81.03 and its 200-day moving average is $91.21. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.70 and a quick ratio of 1.70.

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

TransUnion Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 6th. Investors of record on Thursday, May 22nd will be issued a $0.115 dividend. This represents a $0.46 dividend on an annualized basis and a yield of 0.51%. The ex-dividend date of this dividend is Thursday, May 22nd. TransUnion's dividend payout ratio is presently 24.47%.

TransUnion declared that its Board of Directors has approved 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 reacquire up to 2.6% of its shares through open market purchases. Shares buyback plans are typically a sign that the company's board believes its shares are undervalued.

Insider Buying and Selling

In other TransUnion news, EVP Venkat Achanta sold 1,821 shares of the business's stock in a transaction on 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 transaction, the executive vice president now owns 105,443 shares of the company's stock, valued at $10,095,112.82. The trade was a 1.70% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Steven M. Chaouki sold 1,000 shares of the business's stock in a transaction on Tuesday, April 1st. The stock was sold at an average price of $83.31, for a total transaction of $83,310.00. Following the transaction, 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 position. The disclosure for this sale can be found here. Over the last three months, insiders sold 4,021 shares of company stock worth $359,761. Corporate insiders own 0.22% of the company's stock.

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.