Point72 Hong Kong Ltd Invests $1.68 Million in TransUnion (NYSE:TRU)

Point72 Hong Kong Ltd acquired a new position in TransUnion (NYSE:TRU - Free Report) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 18,151 shares of the business services provider's stock, valued at approximately $1,683,000.

Other hedge funds have also added to or reduced their stakes in the company. Aster Capital Management DIFC Ltd bought a new stake in shares of TransUnion during the fourth quarter valued at approximately $40,000. Huntington National Bank raised its position in TransUnion by 58.7% in the 4th quarter. Huntington National Bank now owns 454 shares of the business services provider's stock worth $42,000 after buying an additional 168 shares during the last quarter. Kapitalo Investimentos Ltda bought a new position in TransUnion during the fourth quarter valued at approximately $47,000. Retirement Wealth Solutions LLC bought a new position in shares of TransUnion during the 4th quarter valued at $44,000. Finally, Mizuho Bank Ltd. bought a new position in TransUnion in the fourth quarter valued at about $47,000.

TransUnion Trading Up 0.1%

TransUnion stock traded up $0.05 during mid-day trading on Monday, hitting $91.94. The company's stock had a trading volume of 1,348,103 shares, compared to its average volume of 1,666,448. The company has a 50 day moving average of $81.60 and a 200-day moving average of $90.85. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.70 and a current ratio of 1.70. The stock has a market cap of $17.94 billion, a PE ratio of 62.97, a P/E/G 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.

TransUnion (NYSE:TRU - Get Free Report) last announced its quarterly earnings results 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. TransUnion had a return on equity of 15.85% and a net margin of 6.80%. The firm had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.07 billion. During the same quarter last year, the firm posted $0.92 earnings per share. The business's revenue for the quarter was up 7.3% on a year-over-year basis. On average, research analysts anticipate that TransUnion will post 3.99 EPS for the current year.

TransUnion announced that its board has authorized a share buyback program on Thursday, February 13th that allows the company to repurchase $500.00 million in outstanding shares. This repurchase authorization allows the business services provider to reacquire up to 2.6% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company's board of directors believes its shares are undervalued.

TransUnion Announces Dividend

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

Insider Buying and Selling at TransUnion

In other TransUnion news, EVP Venkat Achanta sold 1,821 shares of the firm's stock in a transaction dated Wednesday, February 26th. The stock was sold at an average price of $95.74, for a total value of $174,342.54. Following the completion of the sale, the executive vice president now owns 105,443 shares of the company's stock, valued at approximately $10,095,112.82. This trade represents a 1.70% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Steven M. Chaouki sold 1,000 shares of the company's stock in a transaction that occurred on Tuesday, April 1st. The shares were sold at an average price of $83.31, for a total transaction of $83,310.00. Following the transaction, the insider now owns 77,393 shares in the company, valued at $6,447,610.83. The trade was a 1.28% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 4,021 shares of company stock valued at $359,761. 0.22% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several research firms recently weighed in on TRU. Bank of America began coverage on TransUnion in a research report on Thursday, April 10th. They set an "underperform" rating and a $84.00 target price on the stock. Morgan Stanley reduced 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. Barclays reduced their price target on shares of TransUnion from $105.00 to $85.00 and set an "equal weight" rating on the stock in a report on Friday, April 4th. UBS Group increased their target price on TransUnion from $102.00 to $104.00 and gave the company a "neutral" rating in a research report on Monday, February 3rd. Finally, Wells Fargo & Company dropped their price target on TransUnion from $130.00 to $117.00 and set an "overweight" rating for the company in a research report on Monday, April 14th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and nine have assigned a buy rating to the company's stock. According to data from MarketBeat, TransUnion presently has an average rating of "Moderate Buy" and an average target price of $109.38.

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.