Inceptionr LLC Invests $1.14 Million in TransUnion (NYSE:TRU)

Inceptionr LLC purchased a new position in shares of TransUnion (NYSE:TRU) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 12,286 shares of the business services provider’s stock, valued at approximately $1,139,000.

Several other institutional investors also recently modified their holdings of the stock. Massachusetts Financial Services Co. MA increased its holdings 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 worth $2,008,205,000 after buying an additional 2,840,800 shares in the last quarter. Van ECK Associates Corp increased its holdings 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 worth $476,493,000 after buying an additional 356,306 shares in the last quarter. FMR LLC increased its holdings in shares of TransUnion by 307.7% during the third quarter. FMR LLC now owns 4,540,896 shares of the business services provider’s stock worth $475,432,000 after buying an additional 3,427,199 shares in the last quarter. Wellington Management Group LLP increased its holdings in shares of TransUnion by 16.8% during 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 buying an additional 635,581 shares in the last quarter. Finally, Janus Henderson Group PLC increased its holdings in shares of TransUnion by 2.4% during 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 buying an additional 75,410 shares in the last quarter.

Insider Transactions at TransUnion

In related news, insider Steven M. Chaouki sold 1,000 shares of TransUnion stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $95.95, for a total value of $95,950.00. Following the completion of the transaction, the insider now directly owns 58,488 shares in the company, valued at approximately $5,611,923.60. The trade was a 1.68 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Venkat Achanta sold 1,821 shares of TransUnion 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 completion of the transaction, the executive vice president now owns 105,443 shares of the company’s stock, valued at $10,095,112.82. This represents a 1.70 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 4,021 shares of company stock worth $383,041 in the last quarter. Insiders own 0.22% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on TRU shares. 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. UBS Group upped their price target on shares of TransUnion from $102.00 to $104.00 and gave the company a “neutral” rating in a research 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 on the stock in a research report on Friday, January 10th. Morgan Stanley dropped their price target on shares of TransUnion from $130.00 to $127.00 and set an “overweight” rating on the stock in a research report on Tuesday, January 28th. Finally, Oppenheimer dropped their price target on shares of TransUnion from $115.00 to $112.00 and set an “outperform” rating on the stock in a research report on Tuesday, January 7th. Five equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to MarketBeat, TransUnion presently has an average rating of “Moderate Buy” and a consensus target price of $111.64.

TransUnion Trading Down 3.3 %

NYSE:TRU opened at $87.05 on Friday. The firm has a 50-day moving average price of $94.28 and a two-hundred day moving average price of $98.46. 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 has a 52 week low of $66.07 and a 52 week high of $113.17. The firm has a market cap of $16.98 billion, a price-to-earnings ratio of 59.63, a price-to-earnings-growth ratio of 1.18 and a beta of 1.63.

TransUnion (NYSE:TRU) last issued 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 return on equity of 15.85% and a net margin of 6.80%. The company had revenue of $1.04 billion for the quarter, compared to analysts’ expectations of $1.03 billion. On average, equities analysts expect that TransUnion will post 3.99 earnings per share for the current fiscal year.

TransUnion declared that its board has authorized 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 stock through open market purchases. Stock repurchase plans are generally a sign that the company’s management believes its shares are undervalued.

TransUnion Increases Dividend

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

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.