TransUnion (NYSE:TRU) Shares Acquired by Millennium Management LLC

Millennium Management LLC boosted its holdings in shares of TransUnion (NYSE:TRU - Free Report) by 14.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,305,821 shares of the business services provider's stock after acquiring an additional 169,730 shares during the period. Millennium Management LLC owned about 0.67% of TransUnion worth $121,063,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Massachusetts Financial Services Co. MA raised its holdings in TransUnion by 1.9% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 19,540,131 shares of the business services provider's stock valued at $1,811,566,000 after buying an additional 359,569 shares during the period. Vanguard Group Inc. lifted its holdings in shares of TransUnion by 1.4% during the fourth quarter. Vanguard Group Inc. now owns 18,066,657 shares of the business services provider's stock worth $1,674,960,000 after purchasing an additional 241,019 shares during the period. Wellington Management Group LLP increased its position in shares of TransUnion by 52.5% in the fourth quarter. Wellington Management Group LLP now owns 6,749,849 shares of the business services provider's stock valued at $625,779,000 after buying an additional 2,323,339 shares in the last quarter. Van ECK Associates Corp increased its position in shares of TransUnion by 7.4% in the fourth quarter. Van ECK Associates Corp now owns 5,139,607 shares of the business services provider's stock valued at $476,493,000 after buying an additional 356,306 shares in the last quarter. Finally, FMR LLC boosted its stake in shares of TransUnion by 11.1% during the fourth quarter. FMR LLC now owns 5,044,865 shares of the business services provider's stock valued at $467,709,000 after acquiring an additional 503,969 shares during the last quarter.

Analyst Ratings Changes

Several research firms have recently weighed in on TRU. UBS Group lifted their price objective on 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 initiated coverage on TransUnion in a report on Thursday, April 10th. They issued an "underperform" rating and a $84.00 price target for the company. Needham & Company LLC reiterated a "hold" rating on shares of TransUnion in a research report on Friday, February 14th. Oppenheimer upped their price objective on TransUnion from $93.00 to $96.00 and gave the stock an "outperform" rating in a research note on Friday, April 25th. Finally, Barclays decreased their price target on TransUnion from $105.00 to $85.00 and set an "equal weight" rating for the company in a research note on Friday, April 4th. One investment 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. According to MarketBeat, TransUnion has an average rating of "Moderate Buy" and a consensus price target of $109.38.

Insider Transactions at TransUnion

In other TransUnion news, insider Steven M. Chaouki sold 1,000 shares of TransUnion 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 completion of the sale, the insider now directly owns 77,393 shares of the company's stock, valued at $6,447,610.83. The trade was a 1.28% decrease in their position. The sale 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 business's stock in a transaction dated Wednesday, February 26th. The shares were sold at an average price of $95.74, for a total value of $174,342.54. Following the sale, the executive vice president now owns 105,443 shares in the company, 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 have sold 4,021 shares of company stock valued at $359,761 over the last quarter. 0.22% of the stock is currently owned by company insiders.

TransUnion Stock Performance

TRU traded down $0.13 during trading hours on Monday, hitting $91.76. The stock had a trading volume of 239,055 shares, compared to its average volume of 1,662,102. 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 cap of $17.90 billion, a PE ratio of 62.77, a price-to-earnings-growth ratio of 1.18 and a beta of 1.67. TransUnion has a 1 year low of $66.38 and a 1 year high of $113.17. The company's fifty day simple moving average is $81.42 and its 200 day simple moving average is $90.90.

TransUnion (NYSE:TRU - Get Free Report) last announced its quarterly earnings data on Thursday, April 24th. The business services provider reported $1.05 earnings per share 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 business's revenue was up 7.3% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.92 earnings per share. Equities analysts anticipate that TransUnion will post 3.99 earnings per share for the current year.

TransUnion Dividend Announcement

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

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

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.