Lansing Management LP Sells 8,720 Shares of TransUnion (NYSE:TRU)

Lansing Management LP decreased its holdings in shares of TransUnion (NYSE:TRU - Free Report) by 4.6% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 182,369 shares of the business services provider's stock after selling 8,720 shares during the period. TransUnion makes up 14.9% of Lansing Management LP's holdings, making the stock its 4th largest position. Lansing Management LP owned 0.09% of TransUnion worth $16,907,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in TRU. Versant Capital Management Inc raised its holdings in TransUnion by 82.1% during the 4th quarter. Versant Capital Management Inc now owns 428 shares of the business services provider's stock worth $40,000 after buying an additional 193 shares during the period. Aster Capital Management DIFC Ltd bought a new position in shares of TransUnion during the 4th quarter worth approximately $40,000. Huntington National Bank raised its holdings in shares of 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 purchasing an additional 168 shares during the last quarter. Retirement Wealth Solutions LLC bought a new stake in shares of TransUnion in the fourth quarter worth $44,000. Finally, Mizuho Bank Ltd. acquired a new position in TransUnion during the fourth quarter worth $47,000.

Insider Activity

In other news, EVP Venkat Achanta sold 1,821 shares of TransUnion stock in a transaction 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 transaction, the executive vice president now owns 105,443 shares in the company, valued at approximately $10,095,112.82. The trade was a 1.70 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Steven M. Chaouki sold 1,000 shares of the stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $95.95, for a total value of $95,950.00. Following the completion of the sale, the insider now owns 58,488 shares of the company's stock, valued at $5,611,923.60. The trade was a 1.68 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 4,021 shares of company stock worth $372,751. Insiders own 0.22% of the company's stock.

TransUnion Stock Performance

Shares of TRU traded up $1.72 during midday trading on Friday, reaching $85.23. 775,126 shares of the stock were exchanged, compared to its average volume of 1,661,903. 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's 50 day simple moving average is $81.62 and its 200 day simple moving average is $92.42. TransUnion has a twelve month low of $66.38 and a twelve month high of $113.17. The company has a market cap of $16.63 billion, a P/E ratio of 58.35, a PEG ratio of 1.18 and a beta of 1.67.

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

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

TransUnion Increases Dividend

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

Analyst Upgrades and Downgrades

TRU has been the topic of several analyst reports. Barclays cut their price target on shares of TransUnion from $105.00 to $85.00 and set an "equal weight" rating on the stock in a research report on Friday, April 4th. UBS Group upped their price target on shares of TransUnion from $102.00 to $104.00 and gave the stock a "neutral" rating in a research report on Monday, February 3rd. Bank of America began coverage on shares of TransUnion in a research note on Thursday, April 10th. They issued an "underperform" rating and a $84.00 target price for the company. Stifel Nicolaus lowered their price target on TransUnion from $120.00 to $112.00 and set a "buy" rating on the stock in a research report on Friday, April 25th. Finally, Oppenheimer raised their price objective on TransUnion from $93.00 to $96.00 and gave the company an "outperform" rating in a research report on Friday, April 25th. One investment 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 MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target 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.