Hunting Hill Global Capital LLC Takes Position in TransUnion (NYSE:TRU)

Hunting Hill Global Capital LLC acquired a new position in shares of TransUnion (NYSE:TRU - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 5,040 shares of the business services provider's stock, valued at approximately $467,000.

Other institutional investors also recently added to or reduced their stakes in the company. Versant Capital Management Inc raised its position in TransUnion by 82.1% in the fourth quarter. Versant Capital Management Inc now owns 428 shares of the business services provider's stock worth $40,000 after acquiring an additional 193 shares in the last quarter. Aster Capital Management DIFC Ltd purchased a new stake in shares of TransUnion in the fourth quarter valued at $40,000. Huntington National Bank increased its position in TransUnion by 58.7% during the 4th quarter. Huntington National Bank now owns 454 shares of the business services provider's stock worth $42,000 after purchasing an additional 168 shares in the last quarter. Retirement Wealth Solutions LLC purchased a new position in TransUnion in the 4th quarter valued at about $44,000. Finally, Brown Brothers Harriman & Co. purchased a new stake in shares of TransUnion during the fourth quarter worth about $47,000.

Insider Activity

In related news, EVP Venkat Achanta sold 1,821 shares of TransUnion 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 transaction, the executive vice president now directly owns 105,443 shares of the company's stock, valued at $10,095,112.82. The trade was a 1.70 % decrease in their ownership of the stock. 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 company's stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $95.95, for a total transaction of $95,950.00. Following the completion of the sale, the insider now directly owns 58,488 shares of the company's stock, valued at $5,611,923.60. The trade was a 1.68 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 4,021 shares of company stock valued at $372,751. 0.25% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on TRU. Jefferies Financial Group reduced their price target on TransUnion from $125.00 to $115.00 and set a "buy" rating on the stock in a research note on Wednesday, January 15th. UBS Group upped their price objective on shares of TransUnion from $102.00 to $104.00 and gave the company a "neutral" rating in a research note on Monday, February 3rd. Bank of America assumed coverage on shares of TransUnion in a research report on Thursday, April 10th. They issued an "underperform" rating and a $84.00 target price on the stock. Stifel Nicolaus cut their price target on shares of TransUnion from $120.00 to $112.00 and set a "buy" rating on the stock in a research note on Friday. Finally, Oppenheimer upped their price objective on TransUnion from $93.00 to $96.00 and gave the stock an "outperform" rating in a report on Friday. 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. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $109.38.

TransUnion Stock Down 0.4 %

Shares of TransUnion stock traded down $0.34 on Friday, hitting $82.13. 2,125,656 shares of the company's stock traded hands, compared to its average volume of 1,669,216. 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's 50-day moving average is $82.52 and its 200 day moving average is $93.06. The stock has a market cap of $16.03 billion, a P/E ratio of 56.25, a PEG ratio of 1.18 and a beta of 1.67. TransUnion has a 52-week low of $66.38 and a 52-week high of $113.17.

TransUnion (NYSE:TRU - Get Free Report) last issued its quarterly earnings results on Thursday, February 13th. The business services provider reported $0.83 EPS for the quarter, missing the consensus estimate of $0.97 by ($0.14). TransUnion had a return on equity of 15.85% and a net margin of 6.80%. The company had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $1.03 billion. Equities analysts anticipate that TransUnion will post 3.99 earnings per share for the current year.

TransUnion declared that its board has initiated a stock buyback 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 reacquire up to 2.6% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company's board believes its shares are undervalued.

TransUnion Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Thursday, February 27th were given a dividend of $0.115 per share. This represents a $0.46 dividend on an annualized basis and a dividend yield of 0.56%. This is a boost from TransUnion's previous quarterly dividend of $0.11. The ex-dividend date was Thursday, February 27th. TransUnion's dividend payout ratio is presently 31.51%.

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.