Free Trial

Capital International Inc. CA Boosts Stock Position in TransUnion (NYSE:TRU)

TransUnion logo with Business Services background

Capital International Inc. CA boosted its stake in TransUnion (NYSE:TRU - Free Report) by 62.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 49,567 shares of the business services provider's stock after purchasing an additional 19,032 shares during the period. Capital International Inc. CA's holdings in TransUnion were worth $4,595,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of TRU. Charles Schwab Investment Management Inc. lifted its holdings in TransUnion by 3.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 700,518 shares of the business services provider's stock worth $64,945,000 after buying an additional 22,826 shares during the period. Jones Financial Companies Lllp boosted its holdings in TransUnion by 62.1% in the fourth quarter. Jones Financial Companies Lllp now owns 2,097 shares of the business services provider's stock valued at $194,000 after acquiring an additional 803 shares during the last quarter. JPMorgan Chase & Co. increased its position in TransUnion by 39.5% during the 4th quarter. JPMorgan Chase & Co. now owns 315,530 shares of the business services provider's stock valued at $29,253,000 after purchasing an additional 89,340 shares during the period. Assenagon Asset Management S.A. raised its holdings in TransUnion by 22.0% during the 4th quarter. Assenagon Asset Management S.A. now owns 26,308 shares of the business services provider's stock worth $2,439,000 after purchasing an additional 4,743 shares during the last quarter. Finally, Financiere des Professionnels Fonds d investissement inc. lifted its position in shares of TransUnion by 32.2% in the 4th quarter. Financiere des Professionnels Fonds d investissement inc. now owns 191,364 shares of the business services provider's stock worth $17,741,000 after purchasing an additional 46,612 shares during the period.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. Stifel Nicolaus lowered their target price on shares of TransUnion from $120.00 to $112.00 and set a "buy" rating for the company in a research note on Friday. Barclays cut their target price on TransUnion from $105.00 to $85.00 and set an "equal weight" rating on the stock in a research report on Friday, April 4th. William Blair reissued an "outperform" rating on shares of TransUnion in a research note on Monday, March 24th. UBS Group lifted their price objective on shares of TransUnion from $102.00 to $104.00 and gave the company a "neutral" rating in a research note on Monday, February 3rd. Finally, 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. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and nine have assigned a buy rating to the stock. According to data from MarketBeat, TransUnion has an average rating of "Moderate Buy" and an average target price of $109.38.

View Our Latest Report on TransUnion

Insider Buying and Selling at TransUnion

In related news, EVP Venkat Achanta sold 1,821 shares of the stock in a transaction dated Wednesday, February 26th. The shares were 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 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Steven M. Chaouki sold 1,000 shares of the firm's stock in a transaction dated Tuesday, April 1st. The stock was sold at an average price of $83.31, for a total transaction of $83,310.00. Following the sale, the insider now owns 77,393 shares of the company's stock, valued at $6,447,610.83. This trade represents a 1.28 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 4,021 shares of company stock worth $372,751 in the last quarter. 0.25% of the stock is currently owned by company insiders.

TransUnion Stock Down 0.4 %

NYSE TRU traded down $0.34 on Friday, reaching $82.13. The company had a trading volume of 2,125,656 shares, compared to its average volume of 1,669,216. 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 $16.03 billion, a P/E ratio of 56.25, a P/E/G ratio of 1.18 and a beta of 1.67. The company's fifty day moving average is $82.52 and its 200 day moving average is $93.06. TransUnion has a 52-week low of $66.38 and a 52-week high of $113.17.

TransUnion (NYSE:TRU - Get Free Report) last released its quarterly earnings results on Thursday, February 13th. The business services provider reported $0.83 earnings per share for the quarter, missing the consensus estimate of $0.97 by ($0.14). The firm had revenue of $1.04 billion for the quarter, compared to analysts' expectations of $1.03 billion. TransUnion had a return on equity of 15.85% and a net margin of 6.80%. Sell-side analysts anticipate that TransUnion will post 3.99 earnings per share for the current fiscal year.

TransUnion Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Thursday, February 27th were given a $0.115 dividend. The ex-dividend date of this dividend was Thursday, February 27th. This represents a $0.46 annualized dividend and a yield of 0.56%. This is a boost from TransUnion's previous quarterly dividend of $0.11. TransUnion's payout ratio is currently 31.51%.

TransUnion announced that its Board of Directors has authorized a stock repurchase program on Thursday, February 13th that permits the company to repurchase $500.00 million in shares. This repurchase authorization permits the business services provider to reacquire up to 2.6% of its shares through open market purchases. Shares repurchase programs are often an indication that the company's board believes its stock is undervalued.

TransUnion Company Profile

(Free Report)

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.

Read More

Institutional Ownership by Quarter for TransUnion (NYSE:TRU)

Should You Invest $1,000 in TransUnion Right Now?

Before you consider TransUnion, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and TransUnion wasn't on the list.

While TransUnion currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

5G Stocks: The Path Forward is Profitable Cover

Enter your email address and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Goldman Sachs Warns of 20% Market Drop—Are They Right?
Top 3 Insider Stock Buys in April—Are They Still Good in May?
5 Blowout Earnings Winners That Could Soar Even Higher

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines