TransUnion (NYSE:TRU) is Wilson Asset Management International PTY Ltd.’s 4th Largest Position

Wilson Asset Management International PTY Ltd. lessened its holdings in shares of TransUnion (NYSE:TRU) by 4.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 220,543 shares of the business services provider’s stock after selling 11,427 shares during the period. TransUnion makes up 5.3% of Wilson Asset Management International PTY Ltd.’s holdings, making the stock its 4th biggest position. Wilson Asset Management International PTY Ltd. owned approximately 0.11% of TransUnion worth $20,447,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Huntington National Bank increased its holdings in TransUnion by 84.5% in the third 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 increased its holdings in TransUnion by 82.1% in the fourth quarter. Versant Capital Management Inc now owns 428 shares of the business services provider’s stock valued at $40,000 after buying an additional 193 shares in the last quarter. True Wealth Design LLC increased its holdings in TransUnion by 4,590.0% in the third quarter. True Wealth Design LLC now owns 469 shares of the business services provider’s stock valued at $49,000 after buying an additional 459 shares in the last quarter. Retirement Wealth Solutions LLC purchased a new position in TransUnion in the fourth quarter valued at $44,000. Finally, Kestra Investment Management LLC purchased a new position in TransUnion in the fourth quarter valued at $51,000.

TransUnion Stock Performance

TRU opened at $82.23 on Wednesday. The firm has a market capitalization of $16.04 billion, a PE ratio of 56.32, a PEG ratio of 1.18 and a beta of 1.70. TransUnion has a twelve month low of $66.07 and a twelve month high of $113.17. The firm’s 50-day moving average price is $93.74 and its 200 day moving average price is $98.29. The company has a current ratio of 1.70, a quick ratio of 1.70 and a debt-to-equity ratio of 1.18.

TransUnion (NYSE:TRU) last posted its quarterly earnings results on Thursday, February 13th. The business services provider reported $0.83 earnings per share for the quarter, missing analysts’ consensus estimates of $0.97 by ($0.14). The business had revenue of $1.04 billion for the quarter, compared to analyst estimates of $1.03 billion. TransUnion had a return on equity of 15.85% and a net margin of 6.80%. As a group, sell-side analysts expect that TransUnion will post 3.99 EPS for the current fiscal year.

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

TransUnion Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Thursday, February 27th will be issued a $0.115 dividend. This represents a $0.46 annualized dividend and a yield of 0.56%. This is a positive change from TransUnion’s previous quarterly dividend of $0.11. The ex-dividend date of this dividend is Thursday, February 27th. TransUnion’s payout ratio is presently 31.51%.

Insider Buying and Selling at TransUnion

In other TransUnion news, EVP Venkat Achanta sold 1,821 shares of the business’s 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 transaction, the executive vice president now directly owns 105,443 shares in the company, valued at $10,095,112.82. The trade was a 1.70 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Steven M. Chaouki sold 1,000 shares of the business’s 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 completion of the transaction, the insider now owns 58,488 shares in the company, 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. Insiders have sold 4,021 shares of company stock worth $383,041 in the last ninety days. 0.22% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on TRU shares. Morgan Stanley cut their price objective on shares of TransUnion from $130.00 to $127.00 and set an “overweight” rating for the company in a report on Tuesday, January 28th. UBS Group lifted their price objective on shares of TransUnion from $102.00 to $104.00 and gave the company a “neutral” rating in a report on Monday, February 3rd. Wells Fargo & Company cut their price objective on shares of TransUnion from $135.00 to $126.00 and set an “overweight” rating for the company in a report on Friday, January 10th. Needham & Company LLC reissued a “hold” rating on shares of TransUnion in a research note on Friday, February 14th. Finally, Jefferies Financial Group cut their target price on shares of TransUnion from $125.00 to $115.00 and set a “buy” rating for the company in a research note on Wednesday, January 15th. Five research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to data from MarketBeat, TransUnion presently has an average rating of “Moderate Buy” and an average price target of $111.64.

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.