Gulf International Bank UK Ltd Has $1.40 Million Stake in TransUnion (NYSE:TRU)

Gulf International Bank UK Ltd trimmed its holdings in shares of TransUnion (NYSE:TRU) by 0.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 15,115 shares of the business services provider’s stock after selling 126 shares during the quarter. Gulf International Bank UK Ltd’s holdings in TransUnion were worth $1,401,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the business. Mn Services Vermogensbeheer B.V. boosted its holdings in TransUnion by 1.7% during the fourth quarter. Mn Services Vermogensbeheer B.V. now owns 75,624 shares of the business services provider’s stock valued at $7,011,000 after acquiring an additional 1,300 shares during the period. FFT Wealth Management LLC boosted its holdings in TransUnion by 40.8% during the fourth quarter. FFT Wealth Management LLC now owns 3,707 shares of the business services provider’s stock valued at $344,000 after acquiring an additional 1,075 shares during the period. Illinois Municipal Retirement Fund bought a new stake in TransUnion during the fourth quarter valued at about $643,000. Bank of New York Mellon Corp boosted its holdings in TransUnion by 3.8% during the fourth quarter. Bank of New York Mellon Corp now owns 1,152,813 shares of the business services provider’s stock valued at $106,877,000 after acquiring an additional 42,293 shares during the period. Finally, Union Bancaire Privee UBP SA bought a new stake in TransUnion during the fourth quarter valued at about $950,000.

TransUnion Stock Up 1.0 %

Shares of TRU opened at $92.55 on Friday. The stock has a market cap of $18.06 billion, a price-to-earnings ratio of 63.39, a P/E/G 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 12 month low of $66.07 and a 12 month high of $113.17. The company has a 50-day moving average price of $94.63 and a two-hundred day moving average price of $98.46.

TransUnion (NYSE:TRU) last announced its quarterly earnings results 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 business had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $1.03 billion. TransUnion had a return on equity of 15.85% and a net margin of 6.80%. Equities analysts predict that TransUnion will post 3.99 EPS for the current fiscal year.

TransUnion Increases Dividend

The company also recently disclosed 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 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 dividend yield of 0.50%. TransUnion’s dividend payout ratio (DPR) is presently 31.51%.

TransUnion announced that its Board of Directors has authorized a share repurchase plan on Thursday, February 13th that authorizes the company to repurchase $500.00 million in shares. This repurchase authorization authorizes the business services provider to buy up to 2.6% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s board of directors believes its stock is undervalued.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on TRU shares. William Blair restated an “outperform” rating on shares of TransUnion in a report on Friday, February 14th. 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 report on Monday, February 3rd. Wells Fargo & Company reduced their target price on shares of TransUnion from $135.00 to $126.00 and set an “overweight” rating for the company in a research note on Friday, January 10th. Jefferies Financial Group reduced 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. Finally, Needham & Company LLC reiterated a “hold” rating on shares of TransUnion in a research note on Friday, February 14th. Five research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to data from MarketBeat, TransUnion has an average rating of “Moderate Buy” and a consensus target price of $111.64.

Insider Transactions at TransUnion

In other news, EVP Venkat Achanta sold 1,821 shares of the firm’s 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 sale, the executive vice president now owns 105,443 shares of the company’s stock, valued at approximately $10,095,112.82. This trade represents a 1.70 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Steven M. Chaouki sold 1,000 shares of the firm’s stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $93.60, for a total transaction of $93,600.00. Following the sale, the insider now directly owns 59,488 shares of the company’s stock, valued at approximately $5,568,076.80. The trade was a 1.65 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 5,521 shares of company stock valued at $534,136. Corporate insiders own 0.22% of the company’s stock.

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.