Dundas Partners LLP Has $608,000 Position in TransUnion (NYSE:TRU)

Dundas Partners LLP boosted its holdings in TransUnion (NYSE:TRU) by 18.4% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 6,558 shares of the business services provider’s stock after purchasing an additional 1,020 shares during the period. Dundas Partners LLP’s holdings in TransUnion were worth $608,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently added to or reduced their stakes in the business. Huntington National Bank boosted its stake in 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 buying an additional 131 shares in the last quarter. Versant Capital Management Inc lifted its stake in shares of TransUnion by 82.1% during the fourth 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 during the period. Retirement Wealth Solutions LLC bought a new stake in TransUnion in the fourth quarter valued at about $44,000. True Wealth Design LLC increased its holdings in shares of TransUnion by 4,590.0% in the third quarter. True Wealth Design LLC now owns 469 shares of the business services provider’s stock worth $49,000 after acquiring an additional 459 shares in the last quarter. Finally, Proficio Capital Partners LLC bought a new stake in shares of TransUnion in the fourth quarter worth about $49,000.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on TRU. Oppenheimer lowered their price target on TransUnion from $115.00 to $112.00 and set an “outperform” rating for the company in a report on Tuesday, January 7th. Morgan Stanley decreased 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. Jefferies Financial Group decreased their price objective on TransUnion from $125.00 to $115.00 and set a “buy” rating for the company in a report on Wednesday, January 15th. William Blair reiterated an “outperform” rating on shares of TransUnion in a report on Friday, February 14th. Finally, Wells Fargo & Company decreased their price objective on TransUnion from $135.00 to $126.00 and set an “overweight” rating for the company in a report on Friday, January 10th. Five investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. Based on data from MarketBeat, TransUnion presently has an average rating of “Moderate Buy” and an average price target of $111.64.

TransUnion Stock Down 1.1 %

Shares of NYSE TRU opened at $86.37 on Friday. The company has a 50 day simple moving average of $93.97 and a 200 day simple moving average of $98.33. TransUnion has a 1 year low of $66.07 and a 1 year high of $113.17. The firm has a market cap of $16.85 billion, a PE ratio of 59.15, a price-to-earnings-growth ratio of 1.18 and a beta of 1.70. 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) last posted its quarterly earnings results on Thursday, February 13th. The business services provider reported $0.83 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.97 by ($0.14). TransUnion had a net margin of 6.80% and a return on equity of 15.85%. The business had revenue of $1.04 billion during the quarter, compared to analyst estimates of $1.03 billion. On average, research analysts forecast that TransUnion will post 3.99 EPS for the current year.

TransUnion Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Thursday, February 27th will be paid a dividend of $0.115 per share. This is a positive change from TransUnion’s previous quarterly dividend of $0.11. The ex-dividend date is Thursday, February 27th. This represents a $0.46 annualized dividend and a yield of 0.53%. TransUnion’s dividend payout ratio (DPR) is currently 31.51%.

TransUnion declared that its Board of Directors has approved a share repurchase program on Thursday, February 13th that allows the company to repurchase $500.00 million in shares. This repurchase authorization allows the business services provider to repurchase up to 2.6% of its shares through open market purchases. Shares repurchase programs are often a sign that the company’s leadership believes its stock is undervalued.

Insiders Place Their Bets

In related news, insider Steven M. Chaouki sold 1,000 shares of the stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $95.95, for a total transaction of $95,950.00. Following the sale, the insider now directly owns 58,488 shares of the company’s stock, valued at approximately $5,611,923.60. This represents a 1.68 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Venkat Achanta sold 1,821 shares of the stock in a transaction that occurred 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. This trade represents a 1.70 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 4,021 shares of company stock valued at $383,041 in the last quarter. Corporate insiders own 0.22% of the company’s stock.

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.