Frontier Capital Management Co. LLC Buys 59,938 Shares of TransUnion (NYSE:TRU)

Frontier Capital Management Co. LLC lifted its position in TransUnion (NYSE:TRU - Free Report) by 9.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 714,375 shares of the business services provider's stock after purchasing an additional 59,938 shares during the quarter. Frontier Capital Management Co. LLC owned about 0.37% of TransUnion worth $66,230,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of TRU. Aster Capital Management DIFC Ltd acquired a new position in TransUnion during the fourth quarter worth approximately $40,000. Huntington National Bank raised its holdings in TransUnion by 58.7% in the fourth quarter. Huntington National Bank now owns 454 shares of the business services provider's stock valued at $42,000 after buying an additional 168 shares during the period. Retirement Wealth Solutions LLC acquired a new position in shares of TransUnion during the fourth quarter worth $44,000. Brown Brothers Harriman & Co. bought a new stake in shares of TransUnion in the 4th quarter worth about $47,000. Finally, Mizuho Bank Ltd. bought a new stake in shares of TransUnion during the 4th quarter valued at about $47,000.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on TRU shares. William Blair reaffirmed an "outperform" rating on shares of TransUnion in a research report on Monday, March 24th. Needham & Company LLC restated a "hold" rating on shares of TransUnion in a research report on Friday, February 14th. Jefferies Financial Group cut their price objective on shares of TransUnion from $125.00 to $115.00 and set a "buy" rating on the stock in a report on Wednesday, January 15th. Wells Fargo & Company cut their price objective on TransUnion from $130.00 to $117.00 and set an "overweight" rating on the stock in a report on Monday, April 14th. Finally, Stifel Nicolaus dropped their target price on TransUnion from $120.00 to $112.00 and set a "buy" rating on the stock in a report on Friday, April 25th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and nine have assigned a buy rating to the company. According to MarketBeat.com, TransUnion has a consensus rating of "Moderate Buy" and a consensus price target of $109.38.

TransUnion Stock Performance

TRU traded down $0.04 on Friday, reaching $86.39. 1,736,741 shares of the stock were exchanged, compared to its average volume of 1,673,162. The company's 50-day moving average price is $80.82 and its 200 day moving average price is $91.40. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.70 and a quick ratio of 1.70. The firm has a market capitalization of $16.85 billion, a PE ratio of 59.17, a PEG ratio of 1.18 and a beta of 1.67. TransUnion has a fifty-two week low of $66.38 and a fifty-two week high of $113.17.

TransUnion (NYSE:TRU - Get Free Report) last posted its earnings results on Thursday, April 24th. The business services provider reported $1.05 earnings per share (EPS) for the quarter, topping 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 company had revenue of $1.10 billion during the quarter, compared to analysts' expectations of $1.07 billion. During the same quarter last year, the firm earned $0.92 earnings per share. The firm's quarterly revenue was up 7.3% compared to the same quarter last year. As a group, sell-side analysts forecast that TransUnion will post 3.99 EPS for the current fiscal year.

TransUnion Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 6th. Shareholders 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 0.53%. The ex-dividend date of this dividend is Thursday, May 22nd. TransUnion's dividend payout ratio is presently 24.47%.

TransUnion declared that its Board of Directors has approved a share repurchase plan 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 purchase up to 2.6% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company's board of directors believes its stock is undervalued.

Insiders Place Their Bets

In related news, insider Steven M. Chaouki sold 1,000 shares of the stock in a transaction that occurred on Thursday, May 1st. The shares were sold at an average price of $82.96, for a total transaction of $82,960.00. Following the completion of the sale, the insider now directly owns 76,393 shares of the company's stock, valued at $6,337,563.28. This represents a 1.29 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Venkat Achanta sold 1,821 shares of TransUnion stock in a transaction that occurred on 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 sale, the executive vice president now owns 105,443 shares of the company's stock, valued at $10,095,112.82. This trade represents a 1.70 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 4,021 shares of company stock valued at $359,761 over the last quarter. Company insiders own 0.25% of the company's stock.

TransUnion Company 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.