Price T Rowe Associates Inc. MD Has $131.87 Million Stock Holdings in TransUnion (NYSE:TRU)

Price T Rowe Associates Inc. MD grew its stake in shares of TransUnion (NYSE:TRU - Free Report) by 18.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,422,399 shares of the business services provider's stock after buying an additional 217,288 shares during the period. Price T Rowe Associates Inc. MD owned approximately 0.73% of TransUnion worth $131,872,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently modified their holdings of the company. Versant Capital Management Inc boosted its position in shares of TransUnion by 82.1% during the fourth quarter. Versant Capital Management Inc now owns 428 shares of the business services provider's stock worth $40,000 after purchasing an additional 193 shares in the last quarter. Aster Capital Management DIFC Ltd acquired a new stake in TransUnion during the 4th quarter worth $40,000. Huntington National Bank lifted its holdings in TransUnion by 58.7% during the fourth quarter. Huntington National Bank now owns 454 shares of the business services provider's stock worth $42,000 after acquiring an additional 168 shares in the last quarter. Retirement Wealth Solutions LLC acquired a new position in TransUnion in the fourth quarter valued at about $44,000. Finally, Mizuho Bank Ltd. bought a new stake in shares of TransUnion in the fourth quarter worth about $47,000.

Insider Buying and Selling

In other TransUnion news, insider Steven M. Chaouki sold 1,000 shares of TransUnion stock in a transaction dated Tuesday, April 1st. The stock was sold at an average price of $83.31, for a total value 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 ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Venkat Achanta sold 1,821 shares of the 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 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. This trade represents a 1.70 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 4,021 shares of company stock valued at $372,751. Insiders own 0.22% of the company's stock.

Wall Street Analysts Forecast Growth

TRU has been the subject of several research analyst reports. Morgan Stanley decreased 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. Wells Fargo & Company reduced their price target on shares of TransUnion from $130.00 to $117.00 and set an "overweight" rating for the company in a report on Monday, April 14th. 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. Needham & Company LLC reissued a "hold" rating on shares of TransUnion in a research note on Friday, February 14th. Finally, Oppenheimer boosted their price target on TransUnion from $93.00 to $96.00 and gave the company an "outperform" rating in a report on Friday, April 25th. One research 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 data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $109.38.

TransUnion Stock Performance

Shares of TRU traded up $1.81 during mid-day trading on Friday, reaching $85.32. The company's stock had a trading volume of 656,861 shares, compared to its average volume of 1,661,439. The company has a current ratio of 1.70, a quick ratio of 1.70 and a debt-to-equity ratio of 1.18. TransUnion has a 1-year low of $66.38 and a 1-year high of $113.17. The business has a 50-day simple moving average of $81.62 and a two-hundred day simple moving average of $92.42. The stock has a market cap of $16.64 billion, a P/E ratio of 58.36, a PEG ratio of 1.18 and a beta of 1.67.

TransUnion (NYSE:TRU - Get Free Report) last announced its quarterly earnings results on Thursday, April 24th. The business services provider reported $1.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.98 by $0.07. The business 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 company's quarterly revenue was up 7.3% on a year-over-year basis. During the same quarter last year, the firm posted $0.92 EPS. As a group, equities research analysts anticipate that TransUnion will post 3.99 earnings per share for the current fiscal year.

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

TransUnion Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Thursday, February 27th were paid a dividend of $0.115 per share. The ex-dividend date was Thursday, February 27th. This represents a $0.46 dividend on an annualized basis and a dividend yield of 0.54%. This is a positive change from TransUnion's previous quarterly dividend of $0.11. TransUnion's dividend payout ratio (DPR) is 24.47%.

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.