Occudo Quantitative Strategies LP Invests $900,000 in TransUnion (NYSE:TRU)

Occudo Quantitative Strategies LP bought a new position in TransUnion (NYSE:TRU - Free Report) during the fourth quarter, according to the company in its most recent filing with the SEC. The firm bought 9,710 shares of the business services provider's stock, valued at approximately $900,000.

A number of other large investors also recently added to or reduced their stakes in the business. Townsquare Capital LLC raised its position in TransUnion by 1.0% in the 4th quarter. Townsquare Capital LLC now owns 10,311 shares of the business services provider's stock worth $956,000 after purchasing an additional 100 shares during the period. Wealth Enhancement Advisory Services LLC increased its position in shares of TransUnion by 1.0% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 13,597 shares of the business services provider's stock valued at $1,261,000 after acquiring an additional 131 shares during the period. Yousif Capital Management LLC increased its position in shares of TransUnion by 4.0% in the fourth quarter. Yousif Capital Management LLC now owns 3,608 shares of the business services provider's stock valued at $334,000 after acquiring an additional 139 shares during the period. PNC Financial Services Group Inc. increased its position in shares of TransUnion by 5.6% in the fourth quarter. PNC Financial Services Group Inc. now owns 2,642 shares of the business services provider's stock valued at $245,000 after acquiring an additional 139 shares during the period. Finally, Smartleaf Asset Management LLC increased its position in shares of TransUnion by 28.8% in the fourth quarter. Smartleaf Asset Management LLC now owns 733 shares of the business services provider's stock valued at $68,000 after acquiring an additional 164 shares during the period.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the stock. 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 price objective on the stock. Stifel Nicolaus decreased their price objective on shares of TransUnion from $120.00 to $112.00 and set a "buy" rating on the stock in a research report on Friday, April 25th. Needham & Company LLC restated a "hold" rating on shares of TransUnion in a research report on Friday, February 14th. Morgan Stanley decreased their price objective on shares of TransUnion from $130.00 to $127.00 and set an "overweight" rating on the stock in a research report on Tuesday, January 28th. Finally, UBS Group boosted their price objective on shares of TransUnion from $102.00 to $104.00 and gave the company a "neutral" rating in a research report on Monday, February 3rd. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and nine have given a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $109.38.

Insiders Place Their Bets

In other news, EVP Venkat Achanta sold 1,821 shares of the company'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 transaction, the executive vice president now owns 105,443 shares in the company, valued at approximately $10,095,112.82. This represents a 1.70% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Steven M. Chaouki sold 1,000 shares of the company's stock in a transaction that occurred 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 transaction, the insider now owns 77,393 shares in the company, 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 quarter, insiders have sold 4,021 shares of company stock worth $359,761. 0.22% of the stock is currently owned by company insiders.

TransUnion Trading Up 0.8%

Shares of TRU traded up $0.75 during trading hours on Friday, reaching $91.96. 1,209,917 shares of the company traded hands, compared to its average volume of 1,668,135. TransUnion has a 12 month low of $66.38 and a 12 month high of $113.17. 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 company's fifty day moving average price is $81.42 and its two-hundred day moving average price is $91.06. The company has a market capitalization of $17.94 billion, a price-to-earnings ratio of 62.99, a price-to-earnings-growth ratio of 1.18 and a beta of 1.67.

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, topping analysts' consensus estimates of $0.98 by $0.07. The business had revenue of $1.10 billion for 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%. The business's revenue was up 7.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.92 earnings per share. Equities research analysts predict that TransUnion will post 3.99 earnings per share for the current fiscal year.

TransUnion Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 6th. Shareholders 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 0.50%. The ex-dividend date of this dividend is Thursday, May 22nd. TransUnion's dividend payout ratio (DPR) is presently 24.47%.

TransUnion declared that its Board of Directors has initiated a stock repurchase program on Thursday, February 13th that permits the company to repurchase $500.00 million in outstanding shares. This repurchase authorization permits the business services provider to reacquire up to 2.6% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's board 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.