TransUnion (NYSE:TRU) Shares Sold by Deutsche Bank AG

Deutsche Bank AG lowered its stake in shares of TransUnion (NYSE:TRU - Free Report) by 8.7% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 627,126 shares of the business services provider's stock after selling 59,719 shares during the quarter. Deutsche Bank AG owned 0.32% of TransUnion worth $58,141,000 at the end of the most recent quarter.

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

TransUnion Stock Up 0.6%

Shares of TRU stock traded up $0.56 during mid-day trading on Thursday, hitting $91.19. The stock had a trading volume of 1,073,643 shares, compared to its average volume of 1,668,607. TransUnion has a 12-month low of $66.38 and a 12-month high of $113.17. The firm has a market capitalization of $17.79 billion, a P/E ratio of 62.46, a price-to-earnings-growth ratio of 1.18 and a beta of 1.67. The firm's 50-day moving average is $81.23 and its two-hundred day moving average is $91.13. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.70 and a quick ratio of 1.70.

TransUnion (NYSE:TRU - Get Free Report) last issued its earnings results on Thursday, April 24th. The business services provider reported $1.05 earnings per share for the quarter, topping the consensus estimate of $0.98 by $0.07. The business had revenue of $1.10 billion during the quarter, compared to analysts' expectations of $1.07 billion. TransUnion had a return on equity of 15.85% and a net margin of 6.80%. The business's revenue for the quarter was up 7.3% compared to the same quarter last year. During the same period in the prior year, the business earned $0.92 EPS. On average, analysts predict that TransUnion will post 3.99 earnings per share for the current fiscal year.

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%.

TransUnion declared that its Board of Directors has initiated a stock buyback plan on Thursday, February 13th that allows the company to buyback $500.00 million in outstanding shares. This buyback authorization allows the business services provider to purchase up to 2.6% of its shares through open market purchases. Shares buyback plans are often a sign that the company's board of directors believes its stock is undervalued.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on TRU shares. Morgan Stanley dropped their price objective on TransUnion from $130.00 to $127.00 and set an "overweight" rating for the company in a report on Tuesday, January 28th. Oppenheimer boosted their price objective on TransUnion from $93.00 to $96.00 and gave the company an "outperform" rating in a report on Friday, April 25th. William Blair restated an "outperform" rating on shares of TransUnion in a report on Monday, March 24th. Bank of America started coverage on TransUnion in a report on Thursday, April 10th. They set an "underperform" rating and a $84.00 price objective for the company. Finally, UBS Group boosted their price objective on TransUnion from $102.00 to $104.00 and gave the company a "neutral" rating in a report on Monday, February 3rd. One 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 stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $109.38.

Insider Buying and Selling

In related news, EVP Venkat Achanta sold 1,821 shares of the company's 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 transaction, the executive vice president now directly owns 105,443 shares of the company's stock, valued at $10,095,112.82. This represents a 1.70% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider Steven M. Chaouki sold 1,000 shares of the company's stock in a transaction dated Tuesday, April 1st. The shares were sold at an average price of $83.31, for a total value of $83,310.00. Following the transaction, the insider now directly owns 77,393 shares in the company, valued at $6,447,610.83. This represents a 1.28% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 4,021 shares of company stock worth $359,761 in the last three months. 0.22% of the stock is owned by insiders.

About TransUnion

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.