TransUnion (NYSE:TRU) Stock Holdings Increased by Mn Services Vermogensbeheer B.V.

Mn Services Vermogensbeheer B.V. lifted its stake in TransUnion (NYSE:TRU) by 1.7% in the fourth quarter, Holdings Channel.com reports. The firm owned 75,624 shares of the business services provider’s stock after acquiring an additional 1,300 shares during the quarter. Mn Services Vermogensbeheer B.V.’s holdings in TransUnion were worth $7,011,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in TRU. Creative Planning lifted its position in shares of TransUnion by 43.8% in the third quarter. Creative Planning now owns 11,278 shares of the business services provider’s stock worth $1,181,000 after purchasing an additional 3,436 shares in the last quarter. International Assets Investment Management LLC lifted its position in shares of TransUnion by 10,369.6% in the third quarter. International Assets Investment Management LLC now owns 5,863 shares of the business services provider’s stock worth $614,000 after purchasing an additional 5,807 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in shares of TransUnion by 146.1% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 13,466 shares of the business services provider’s stock worth $1,410,000 after purchasing an additional 7,995 shares in the last quarter. abrdn plc lifted its position in shares of TransUnion by 4.2% in the third quarter. abrdn plc now owns 64,629 shares of the business services provider’s stock worth $6,767,000 after purchasing an additional 2,600 shares in the last quarter. Finally, First Trust Direct Indexing L.P. acquired a new position in TransUnion in the third quarter worth approximately $203,000.

Analysts Set New Price Targets

A number of equities analysts recently commented on TRU shares. Morgan Stanley dropped their price objective on TransUnion from $130.00 to $127.00 and set an “overweight” rating on the stock in a report on Tuesday, January 28th. Oppenheimer dropped their price objective on TransUnion from $115.00 to $112.00 and set an “outperform” rating on the stock in a report on Tuesday, January 7th. Jefferies Financial Group dropped their price objective on TransUnion from $125.00 to $115.00 and set a “buy” rating on the stock in a report on Wednesday, January 15th. Needham & Company LLC restated a “hold” rating on shares of TransUnion in a report on Friday, February 14th. Finally, UBS Group increased their price objective on TransUnion from $102.00 to $104.00 and gave the stock a “neutral” rating in a report on Monday, February 3rd. Five analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $111.64.

Insider Buying and Selling

In related news, EVP Venkat Achanta sold 1,821 shares of the firm’s stock in a transaction on Wednesday, February 26th. The stock was sold at an average price of $95.74, for a total value of $174,342.54. Following the completion of the transaction, the executive vice president now directly owns 105,443 shares of the company’s stock, valued at $10,095,112.82. This trade represents a 1.70 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Steven M. Chaouki sold 1,000 shares of TransUnion stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of $93.60, for a total value of $93,600.00. Following the transaction, 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 ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 5,521 shares of company stock valued at $534,136 over the last ninety days. 0.22% of the stock is owned by company insiders.

TransUnion Stock Up 1.0 %

TRU opened at $92.55 on Friday. TransUnion has a 1-year low of $66.07 and a 1-year high of $113.17. The company has a current ratio of 1.70, a quick ratio of 1.70 and a debt-to-equity ratio of 1.18. The stock has a market capitalization 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 business has a 50 day moving average of $94.68 and a 200-day moving average of $98.41.

TransUnion (NYSE:TRU) last posted its quarterly earnings data on Thursday, February 13th. The business services provider reported $0.83 earnings per share 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 the consensus estimate of $1.03 billion. As a group, sell-side analysts anticipate that TransUnion will post 3.99 earnings per share for the current year.

TransUnion Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Thursday, February 27th will be given a $0.115 dividend. This is a boost from TransUnion’s previous quarterly dividend of $0.11. This represents a $0.46 annualized dividend and a yield of 0.50%. The ex-dividend date is Thursday, February 27th. TransUnion’s dividend payout ratio (DPR) is 31.51%.

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

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.