C WorldWide Group Holding A S Sells 411,906 Shares of TransUnion (NYSE:TRU)

C WorldWide Group Holding A S lessened its position in TransUnion (NYSE:TRU) by 75.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 132,898 shares of the business services provider’s stock after selling 411,906 shares during the quarter. C WorldWide Group Holding A S owned 0.07% of TransUnion worth $12,321,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Massachusetts Financial Services Co. MA grew its stake in shares of TransUnion by 17.4% during the third quarter. Massachusetts Financial Services Co. MA now owns 19,180,562 shares of the business services provider’s stock valued at $2,008,205,000 after buying an additional 2,840,800 shares during the last quarter. Van ECK Associates Corp grew its stake in shares of TransUnion by 7.4% during the fourth quarter. Van ECK Associates Corp now owns 5,139,607 shares of the business services provider’s stock valued at $476,493,000 after buying an additional 356,306 shares during the last quarter. FMR LLC grew its stake in shares of TransUnion by 307.7% in the third quarter. FMR LLC now owns 4,540,896 shares of the business services provider’s stock worth $475,432,000 after purchasing an additional 3,427,199 shares during the last quarter. Wellington Management Group LLP grew its stake in shares of TransUnion by 16.8% in the third quarter. Wellington Management Group LLP now owns 4,426,510 shares of the business services provider’s stock worth $463,456,000 after purchasing an additional 635,581 shares during the last quarter. Finally, Janus Henderson Group PLC grew its stake in shares of TransUnion by 2.4% in the third quarter. Janus Henderson Group PLC now owns 3,154,262 shares of the business services provider’s stock worth $330,251,000 after purchasing an additional 75,410 shares during the last quarter.

Insider Buying and Selling

In related news, insider Todd C. Skinner sold 3,090 shares of the business’s stock in a transaction that occurred on 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 in the company, valued at $2,469,312.84. The trade was a 11.27 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Steven M. Chaouki sold 1,500 shares of the business’s stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $100.73, for a total transaction of $151,095.00. Following the completion of the transaction, the insider now owns 60,488 shares of the company’s stock, valued at approximately $6,092,956.24. The trade was a 2.42 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 6,590 shares of company stock worth $654,218 in the last three months. Insiders own 0.22% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently issued reports on TRU shares. Wells Fargo & Company cut their target price on TransUnion from $135.00 to $126.00 and set an “overweight” rating on the stock in a research note on Friday, January 10th. Morgan Stanley cut their target price on TransUnion from $130.00 to $127.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 28th. Oppenheimer cut their target price on TransUnion from $115.00 to $112.00 and set an “outperform” rating on the stock in a research note on Tuesday, January 7th. 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 TransUnion from $125.00 to $115.00 and set a “buy” rating on the stock in a research note on Wednesday, January 15th. Five investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. According to MarketBeat.com, TransUnion presently has a consensus rating of “Moderate Buy” and a consensus target price of $111.64.

TransUnion Price Performance

TRU stock opened at $91.75 on Monday. The firm has a 50 day moving average price of $94.86 and a 200-day moving average price of $98.35. TransUnion has a 52-week low of $66.07 and a 52-week high of $113.17. The firm has a market capitalization of $17.90 billion, a price-to-earnings ratio of 62.84, a PEG ratio of 1.18 and a beta of 1.63. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.70 and a current ratio of 1.70.

TransUnion (NYSE:TRU) last released its 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 for the quarter, compared to analysts’ expectations of $1.03 billion. Equities research analysts forecast that TransUnion will post 3.99 EPS for the current fiscal year.

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

TransUnion Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Thursday, February 27th will be issued a dividend of $0.115 per share. This represents a $0.46 annualized dividend and a dividend yield of 0.50%. 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 dividend payout ratio (DPR) is presently 31.51%.

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.