TransUnion (NYSE:TRU) Stock Position Decreased by Rhumbline Advisers

Rhumbline Advisers cut its position in shares of TransUnion (NYSE:TRU) by 0.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 227,162 shares of the business services provider’s stock after selling 175 shares during the period. Rhumbline Advisers owned 0.12% of TransUnion worth $21,060,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in TRU. Huntington National Bank raised its stake in shares of TransUnion by 84.5% in the 3rd quarter. Huntington National Bank now owns 286 shares of the business services provider’s stock valued at $30,000 after acquiring an additional 131 shares in the last quarter. Versant Capital Management Inc raised its stake in shares of TransUnion by 82.1% in the 4th quarter. Versant Capital Management Inc now owns 428 shares of the business services provider’s stock valued at $40,000 after acquiring an additional 193 shares in the last quarter. Retirement Wealth Solutions LLC bought a new position in shares of TransUnion in the 4th quarter valued at approximately $44,000. True Wealth Design LLC raised its stake in shares of TransUnion by 4,590.0% in the 3rd quarter. True Wealth Design LLC now owns 469 shares of the business services provider’s stock valued at $49,000 after acquiring an additional 459 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. bought a new position in shares of TransUnion in the 4th quarter valued at approximately $82,000.

TransUnion Trading Down 1.9 %

TRU stock opened at $94.57 on Friday. The business has a fifty day moving average of $94.99 and a 200-day moving average of $98.10. The company has a market cap of $18.45 billion, a P/E ratio of 64.77, a PEG ratio of 1.18 and a beta of 1.63. The company has a quick ratio of 1.70, a current ratio of 1.70 and a debt-to-equity ratio of 1.18. TransUnion has a twelve month low of $66.07 and a twelve month high of $113.17.

TransUnion (NYSE:TRU) last released its quarterly earnings data on Thursday, February 13th. The business services provider reported $0.83 EPS for the quarter, missing analysts’ consensus estimates of $0.97 by ($0.14). The company had revenue of $1.04 billion during the quarter, compared to the consensus estimate of $1.03 billion. TransUnion had a net margin of 6.80% and a return on equity of 15.85%. As a group, equities research analysts expect that TransUnion will post 3.99 EPS for the current year.

TransUnion Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Thursday, February 27th will be issued a $0.115 dividend. This represents a $0.46 dividend on an annualized basis and a yield of 0.49%. The ex-dividend date is Thursday, February 27th. This is an increase from TransUnion’s previous quarterly dividend of $0.11. TransUnion’s dividend payout ratio is currently 28.77%.

TransUnion declared that its board has initiated a share repurchase plan on Thursday, February 13th that allows the company to repurchase $500.00 million in shares. This repurchase authorization allows the business services provider to purchase up to 2.6% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company’s management believes its shares are undervalued.

Analyst Ratings Changes

Several research analysts have commented on the company. Stifel Nicolaus lifted their price target on TransUnion from $103.00 to $120.00 and gave the stock a “buy” rating in a research report on Thursday, October 24th. William Blair reaffirmed an “outperform” rating on shares of TransUnion in a research report on Friday, February 14th. Wells Fargo & Company dropped their price target on TransUnion from $135.00 to $126.00 and set an “overweight” rating on the stock in a research report on Friday, January 10th. Jefferies Financial Group dropped their price target on TransUnion from $125.00 to $115.00 and set a “buy” rating on the stock in a research report on Wednesday, January 15th. Finally, UBS Group lifted their price target on TransUnion from $102.00 to $104.00 and gave the stock a “neutral” rating in a research report on Monday, February 3rd. Five analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $111.64.

Insider Activity at TransUnion

In other TransUnion news, Director George M. Awad sold 12,000 shares of the business’s stock in a transaction dated 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 completion of the transaction, the director now directly owns 27,026 shares of the company’s stock, valued at approximately $2,702,600. The trade was a 30.75 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Todd C. Skinner sold 3,090 shares of the business’s stock in a transaction dated Friday, November 29th. The shares were sold at an average price of $101.48, for a total value of $313,573.20. Following the completion of the transaction, the insider now directly owns 24,333 shares of the company’s stock, valued at approximately $2,469,312.84. The trade was a 11.27 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 18,590 shares of company stock worth $1,854,218. 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.