Vinva Investment Management Ltd Acquires 13,400 Shares of TransUnion (NYSE:TRU)

Vinva Investment Management Ltd increased its holdings in TransUnion (NYSE:TRU) by 85.6% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 29,059 shares of the business services provider’s stock after purchasing an additional 13,400 shares during the period. Vinva Investment Management Ltd’s holdings in TransUnion were worth $2,695,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. FMR LLC boosted its stake in 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 during the period. Massachusetts Financial Services Co. MA boosted its stake in 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 during the period. Westfield Capital Management Co. LP purchased a new position in TransUnion during the third quarter worth $92,661,000. William Blair Investment Management LLC boosted its stake in TransUnion by 30.6% during the fourth quarter. William Blair Investment Management LLC now owns 3,370,742 shares of the business services provider’s stock worth $312,501,000 after buying an additional 789,497 shares during the period. Finally, Wellington Management Group LLP boosted its stake in 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 during the period.

Insiders Place Their Bets

In other TransUnion news, insider Steven M. Chaouki sold 1,000 shares of the business’s stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $93.60, for a total value of $93,600.00. Following the completion of the transaction, the insider now directly owns 59,488 shares in the company, valued at approximately $5,568,076.80. The trade was a 1.65 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Venkat Achanta sold 1,821 shares of the business’s stock in a transaction dated Wednesday, February 26th. The stock was 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. Over the last ninety days, insiders sold 4,021 shares of company stock worth $383,041. 0.22% of the stock is owned by corporate insiders.

TransUnion Stock Performance

TRU stock opened at $84.93 on Thursday. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.70 and a quick ratio of 1.70. The business has a 50-day moving average price of $92.54 and a 200 day moving average price of $97.63. The company has a market capitalization of $16.57 billion, a P/E ratio of 58.17, a PEG ratio of 1.18 and a beta of 1.70. TransUnion has a 1-year low of $66.07 and a 1-year high of $113.17.

TransUnion (NYSE:TRU) last released 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). The firm had revenue of $1.04 billion during the quarter, compared to the consensus estimate of $1.03 billion. TransUnion had a net margin of 6.80% and a return on equity of 15.85%. As a group, equities research analysts forecast that TransUnion will post 3.99 EPS for the current fiscal year.

TransUnion declared that its Board of Directors has approved a share buyback 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 purchase up to 2.6% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company’s board believes its stock is undervalued.

TransUnion Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Thursday, February 27th were issued a $0.115 dividend. The ex-dividend date was Thursday, February 27th. This is an increase from TransUnion’s previous quarterly dividend of $0.11. This represents a $0.46 dividend on an annualized basis and a yield of 0.54%. TransUnion’s payout ratio is currently 31.51%.

Wall Street Analyst Weigh In

Several research firms have commented on TRU. Needham & Company LLC reaffirmed a “hold” rating on shares of TransUnion in a research note on Friday, February 14th. William Blair reaffirmed an “outperform” rating on shares of TransUnion in a research note on Friday, February 14th. Wells Fargo & Company dropped their price objective 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 dropped their price objective 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, Morgan Stanley lowered their target price on shares of TransUnion from $130.00 to $127.00 and set an “overweight” rating for the company in a research note on Tuesday, January 28th. Five equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to MarketBeat, TransUnion has a consensus rating of “Moderate Buy” and a consensus 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.