V Square Quantitative Management LLC boosted its holdings in shares of TransUnion (NYSE:TRU – Free Report) by 11.7% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 3,422 shares of the business services provider’s stock after buying an additional 359 shares during the period. V Square Quantitative Management LLC’s holdings in TransUnion were worth $317,000 as of its most recent SEC filing.
Other large investors also recently added to or reduced their stakes in the company. Sumitomo Mitsui Trust Group Inc. boosted its stake in TransUnion by 12.1% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,308,028 shares of the business services provider’s stock valued at $136,951,000 after buying an additional 140,952 shares during the period. FMR LLC boosted its stake in TransUnion by 307.7% during the third quarter. FMR LLC now owns 4,540,896 shares of the business services provider’s stock valued at $475,432,000 after buying an additional 3,427,199 shares during the period. Captrust Financial Advisors bought a new stake in TransUnion during the third quarter valued at $892,000. Assetmark Inc. boosted its stake in TransUnion by 6,720.7% during the third quarter. Assetmark Inc. now owns 128,706 shares of the business services provider’s stock valued at $13,476,000 after buying an additional 126,819 shares during the period. Finally, Assenagon Asset Management S.A. boosted its stake in TransUnion by 22.0% during the fourth quarter. Assenagon Asset Management S.A. now owns 26,308 shares of the business services provider’s stock valued at $2,439,000 after buying an additional 4,743 shares during the period.
Insider Activity at TransUnion
In other TransUnion news, insider Steven M. Chaouki sold 1,000 shares of the company’s stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $95.95, for a total transaction of $95,950.00. Following the transaction, the insider now owns 58,488 shares in the company, valued at approximately $5,611,923.60. This represents a 1.68 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director George M. Awad sold 12,000 shares of the company’s stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $100.00, for a total value of $1,200,000.00. Following the transaction, the director now owns 27,026 shares in the company, valued at $2,702,600. This trade represents a 30.75 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 18,590 shares of company stock worth $1,854,218 in the last 90 days. Company insiders own 0.22% of the company’s stock.
TransUnion Stock Down 0.5 %
TransUnion (NYSE:TRU – Get Free Report) last announced its quarterly earnings results on Thursday, February 13th. The business services provider reported $0.83 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.97 by ($0.14). TransUnion had a net margin of 5.47% and a return on equity of 15.38%. The business had revenue of $1.04 billion for the quarter, compared to analysts’ expectations of $1.03 billion. Sell-side analysts anticipate that TransUnion will post 3.44 EPS for the current year.
TransUnion declared that its board has authorized a share repurchase program on Thursday, February 13th that permits the company to buyback $500.00 million in outstanding shares. This buyback authorization permits the business services provider to buy up to 2.6% of its stock through open market purchases. Stock buyback programs are often a sign that the company’s board believes its shares are undervalued.
TransUnion Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Thursday, February 27th will be issued a dividend of $0.115 per share. This represents a $0.46 dividend on an annualized basis and a yield of 0.46%. The ex-dividend date of this dividend is Thursday, February 27th. This is an increase from TransUnion’s previous quarterly dividend of $0.11. TransUnion’s payout ratio is currently 36.52%.
Analysts Set New Price Targets
TRU has been the subject of several research analyst reports. Jefferies Financial Group dropped their price target on TransUnion from $125.00 to $115.00 and set a “buy” rating for the company in a research note on Wednesday, January 15th. Robert W. Baird lifted their price target on TransUnion from $104.00 to $130.00 and gave the stock an “outperform” rating in a research note on Thursday, October 24th. William Blair reaffirmed an “outperform” rating on shares of TransUnion in a research note on Friday. Morgan Stanley dropped their price target on TransUnion from $130.00 to $127.00 and set an “overweight” rating for the company in a research note on Tuesday, January 28th. Finally, Stifel Nicolaus lifted their price target on TransUnion from $103.00 to $120.00 and gave the stock a “buy” rating in a research note on Thursday, October 24th. Five research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to data from MarketBeat, TransUnion currently has a consensus rating of “Moderate Buy” and an average price target of $111.64.
Get Our Latest Stock Analysis on TransUnion
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.
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