TransUnion (NYSE:TRU) Shares Sold by Jacobs Levy Equity Management Inc.

Jacobs Levy Equity Management Inc. lessened its position in TransUnion (NYSE:TRU - Free Report) by 47.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 298,895 shares of the business services provider's stock after selling 264,821 shares during the quarter. Jacobs Levy Equity Management Inc. owned approximately 0.15% of TransUnion worth $27,711,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Principal Financial Group Inc. grew its stake in TransUnion by 1,428.4% during the 3rd quarter. Principal Financial Group Inc. now owns 226,771 shares of the business services provider's stock worth $23,743,000 after purchasing an additional 211,934 shares in the last quarter. Nordea Investment Management AB grew its stake in TransUnion by 6.9% during the 4th quarter. Nordea Investment Management AB now owns 15,146 shares of the business services provider's stock worth $1,412,000 after purchasing an additional 982 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in TransUnion by 1.0% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 13,597 shares of the business services provider's stock worth $1,261,000 after purchasing an additional 131 shares in the last quarter. Harbor Capital Advisors Inc. grew its stake in TransUnion by 2.0% during the 4th quarter. Harbor Capital Advisors Inc. now owns 17,281 shares of the business services provider's stock worth $1,602,000 after purchasing an additional 335 shares in the last quarter. Finally, TT International Asset Management LTD grew its stake in TransUnion by 104.1% during the 4th quarter. TT International Asset Management LTD now owns 54,794 shares of the business services provider's stock worth $5,079,000 after purchasing an additional 27,941 shares in the last quarter.

Insider Transactions at TransUnion

In related news, insider Steven M. Chaouki sold 1,000 shares of the firm's stock in a transaction that occurred on Thursday, May 1st. The stock was sold at an average price of $82.96, for a total value of $82,960.00. Following the completion of the transaction, the insider now directly owns 76,393 shares of the company's stock, valued at $6,337,563.28. This trade represents a 1.29% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Venkat Achanta sold 1,821 shares of the firm's stock in a transaction that occurred on Wednesday, February 26th. The shares were sold at an average price of $95.74, for a total value of $174,342.54. Following the completion of 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 disclosure for this sale can be found here. In the last three months, insiders sold 4,021 shares of company stock valued at $359,761. Corporate insiders own 0.22% of the company's stock.

Analysts Set New Price Targets

Several research analysts recently commented on TRU shares. Stifel Nicolaus lowered their target price on TransUnion from $120.00 to $112.00 and set a "buy" rating for the company in a research note on Friday, April 25th. Oppenheimer upped their price objective on TransUnion from $93.00 to $96.00 and gave the stock an "outperform" rating in a research report on Friday, April 25th. Needham & Company LLC reaffirmed a "hold" rating on shares of TransUnion in a research report on Friday, February 14th. Morgan Stanley lowered their price objective on TransUnion from $130.00 to $127.00 and set an "overweight" rating for the company in a research report on Tuesday, January 28th. Finally, UBS Group upped their price objective on TransUnion from $102.00 to $104.00 and gave the stock a "neutral" rating in a research report on Monday, February 3rd. 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 data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $109.38.

TransUnion Stock Performance

TRU traded down $0.73 on Wednesday, hitting $90.74. 1,145,306 shares of the company traded hands, compared to its average volume of 1,673,892. The company has a 50 day moving average of $81.03 and a 200-day moving average of $91.21. 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 stock has a market capitalization of $17.70 billion, a PE ratio of 62.15, a PEG ratio of 1.18 and a beta of 1.67. TransUnion has a 12-month low of $66.38 and a 12-month high of $113.17.

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

TransUnion declared that its board has authorized a stock repurchase plan on Thursday, February 13th that permits the company to repurchase $500.00 million in shares. This repurchase authorization permits the business services provider to purchase up to 2.6% of its shares through open market purchases. Shares repurchase plans are often a sign that the company's board of directors believes its stock is undervalued.

TransUnion Announces Dividend

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

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.