Amica Mutual Insurance Co. Has $1.20 Million Holdings in TransUnion (NYSE:TRU)

Amica Mutual Insurance Co. increased its position in TransUnion (NYSE:TRU) by 4.4% in the fourth quarter, HoldingsChannel reports. The firm owned 12,901 shares of the business services provider’s stock after acquiring an additional 546 shares during the period. Amica Mutual Insurance Co.’s holdings in TransUnion were worth $1,196,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. boosted its position in shares of TransUnion by 3.4% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 700,518 shares of the business services provider’s stock worth $64,945,000 after buying an additional 22,826 shares during the period. FMR LLC boosted its position in TransUnion by 307.7% during the 3rd quarter. FMR LLC now owns 4,540,896 shares of the business services provider’s stock worth $475,432,000 after acquiring an additional 3,427,199 shares during the period. Captrust Financial Advisors purchased a new position in TransUnion during the 3rd quarter valued at about $892,000. Jones Financial Companies Lllp increased its holdings in shares of TransUnion by 62.1% in the 4th quarter. Jones Financial Companies Lllp now owns 2,097 shares of the business services provider’s stock valued at $194,000 after purchasing an additional 803 shares during the period. Finally, Assenagon Asset Management S.A. lifted its position in shares of TransUnion by 22.0% in the fourth quarter. Assenagon Asset Management S.A. now owns 26,308 shares of the business services provider’s stock worth $2,439,000 after purchasing an additional 4,743 shares in the last quarter.

TransUnion Trading Down 2.2 %

NYSE:TRU opened at $85.71 on Thursday. The company’s 50 day moving average is $92.18 and its 200-day moving average is $97.32. 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 firm has a market cap of $16.72 billion, a price-to-earnings ratio of 58.70, a P/E/G ratio of 1.18 and a beta of 1.70.

TransUnion (NYSE:TRU) last announced its earnings results on Thursday, February 13th. The business services provider reported $0.83 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 firm had revenue of $1.04 billion during the quarter, compared to the consensus estimate of $1.03 billion. Equities analysts anticipate that TransUnion will post 3.99 EPS for the current year.

TransUnion Increases Dividend

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

TransUnion declared that its board has approved a stock repurchase plan on Thursday, February 13th that permits the company to repurchase $500.00 million in shares. This repurchase authorization permits the business services provider to buy up to 2.6% of its shares through open market purchases. Shares repurchase plans are often an indication that the company’s leadership believes its stock is undervalued.

Wall Street Analyst Weigh In

TRU has been the topic of a number of research analyst reports. Wells Fargo & Company lowered 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. Jefferies Financial Group cut 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. Needham & Company LLC restated a “hold” rating on shares of TransUnion in a research note on Friday, February 14th. UBS Group raised their price target on TransUnion from $102.00 to $104.00 and gave the stock a “neutral” rating in a research note on Monday, February 3rd. Finally, William Blair reissued an “outperform” rating on shares of TransUnion in a research note on Monday. Four analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $114.08.

Insider Buying and Selling at TransUnion

In other TransUnion news, insider Steven M. Chaouki sold 1,000 shares of the stock in a transaction 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 sale, the insider now directly owns 58,488 shares of the company’s stock, valued at $5,611,923.60. This represents a 1.68 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 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 transaction, the executive vice president now owns 105,443 shares in the company, valued at approximately $10,095,112.82. The trade was a 1.70 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 4,021 shares of company stock valued at $383,041 in the last 90 days. 0.22% of the stock is currently owned by insiders.

About TransUnion

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.