Sora Investors LLC Boosts Stock Position in TransUnion (NYSE:TRU)

Sora Investors LLC grew its position in shares of TransUnion (NYSE:TRU - Free Report) by 5.2% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 142,863 shares of the business services provider's stock after acquiring an additional 7,062 shares during the quarter. TransUnion comprises approximately 1.5% of Sora Investors LLC's holdings, making the stock its 28th largest holding. Sora Investors LLC owned 0.07% of TransUnion worth $13,245,000 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. 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 lifted its position in TransUnion by 58.7% in the fourth quarter. Huntington National Bank now owns 454 shares of the business services provider's stock worth $42,000 after buying an additional 168 shares during the last quarter. Retirement Wealth Solutions LLC bought a new stake in TransUnion in the fourth quarter worth $44,000. Brown Brothers Harriman & Co. bought a new stake in TransUnion in the fourth quarter worth $47,000. Finally, Mizuho Bank Ltd. bought a new stake in TransUnion in the fourth quarter worth $47,000.

Insider Activity

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 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 dated Wednesday, February 26th. The shares were sold at an average price of $95.74, for a total value of $174,342.54. Following the completion of the transaction, the executive vice president now owns 105,443 shares in the company, 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. Over the last 90 days, insiders have sold 4,021 shares of company stock worth $359,761. Company insiders own 0.22% of the company's stock.

TransUnion Trading Up 0.1%

TRU stock traded up $0.05 during midday trading on Monday, reaching $91.94. The company's stock had a trading volume of 1,348,103 shares, compared to its average volume of 1,666,448. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.70 and a current ratio of 1.70. The stock has a fifty day simple moving average of $81.60 and a two-hundred day simple moving average of $90.85. TransUnion has a 1 year low of $66.38 and a 1 year high of $113.17. The firm has a market capitalization of $17.94 billion, a price-to-earnings ratio of 62.97, 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 EPS for the quarter, beating the consensus estimate of $0.98 by $0.07. The firm had revenue of $1.10 billion for the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same quarter last year, the firm posted $0.92 earnings per share. On average, equities research analysts predict that TransUnion will post 3.99 EPS for the current year.

TransUnion declared that its board has initiated a stock repurchase plan on Thursday, February 13th that authorizes the company to repurchase $500.00 million in outstanding shares. This repurchase authorization authorizes the business services provider to buy up to 2.6% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's board of directors believes its shares are undervalued.

TransUnion Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 6th. Stockholders of record on Thursday, May 22nd will be paid a dividend of $0.115 per share. The ex-dividend date of this dividend is Thursday, May 22nd. This represents a $0.46 annualized dividend and a dividend yield of 0.50%. TransUnion's dividend payout ratio is currently 24.47%.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on TRU. Needham & Company LLC restated a "hold" rating on shares of TransUnion in a research report on Friday, February 14th. Oppenheimer raised their price target on TransUnion from $93.00 to $96.00 and gave the stock an "outperform" rating in a research report on Friday, April 25th. Barclays lowered their price target on TransUnion from $105.00 to $85.00 and set an "equal weight" rating for the company in a research report on Friday, April 4th. William Blair restated an "outperform" rating on shares of TransUnion in a research report on Monday, March 24th. Finally, Wells Fargo & Company lowered their price target on TransUnion from $130.00 to $117.00 and set an "overweight" rating for the company in a research report on Monday, April 14th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $109.38.

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.