TransUnion (NYSE:TRU) Shares Acquired by OMERS ADMINISTRATION Corp

OMERS ADMINISTRATION Corp raised its position in TransUnion (NYSE:TRU) by 20.6% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 8,064 shares of the business services provider’s stock after buying an additional 1,377 shares during the quarter. OMERS ADMINISTRATION Corp’s holdings in TransUnion were worth $748,000 as of its most recent filing with the SEC.

Several other institutional investors also recently bought and sold shares of TRU. Townsquare Capital LLC lifted its holdings in TransUnion by 1.0% in the 4th quarter. Townsquare Capital LLC now owns 10,311 shares of the business services provider’s stock valued at $956,000 after purchasing an additional 100 shares in the last quarter. Yousif Capital Management LLC lifted its holdings in TransUnion by 4.0% in the 4th quarter. Yousif Capital Management LLC now owns 3,608 shares of the business services provider’s stock valued at $334,000 after purchasing an additional 139 shares in the last quarter. PNC Financial Services Group Inc. lifted its holdings in TransUnion by 5.6% in the 4th quarter. PNC Financial Services Group Inc. now owns 2,642 shares of the business services provider’s stock valued at $245,000 after purchasing an additional 139 shares in the last quarter. Smartleaf Asset Management LLC lifted its holdings in TransUnion by 28.8% in the 4th quarter. Smartleaf Asset Management LLC now owns 733 shares of the business services provider’s stock valued at $68,000 after purchasing an additional 164 shares in the last quarter. Finally, Huntington National Bank lifted its holdings in TransUnion by 58.7% in the 4th quarter. Huntington National Bank now owns 454 shares of the business services provider’s stock valued at $42,000 after purchasing an additional 168 shares in the last quarter.

Insider Activity

In other news, insider Steven M. Chaouki sold 1,000 shares of TransUnion stock in a transaction that occurred on Thursday, May 1st. The shares were sold at an average price of $82.96, for a total transaction of $82,960.00. Following the sale, the insider now owns 76,393 shares in the company, valued at $6,337,563.28. This trade represents a 1.29% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at 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 sale, the executive vice president now owns 105,443 shares in the company, valued at $10,095,112.82. This represents 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 worth $359,761 over the last 90 days. Company insiders own 0.22% of the company’s stock.

TransUnion Stock Up 0.8%

TRU opened at $91.96 on Friday. The firm has a 50 day moving average price of $81.42 and a 200 day moving average price of $90.97. The company has a market cap of $17.94 billion, a PE ratio of 62.99, a price-to-earnings-growth ratio of 1.18 and a beta of 1.67. TransUnion has a 1 year low of $66.38 and a 1 year high of $113.17. 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 (NYSE:TRU) last issued its quarterly earnings data on Thursday, April 24th. The business services provider reported $1.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.98 by $0.07. The company had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.07 billion. TransUnion had a net margin of 6.80% and a return on equity of 15.85%. TransUnion’s revenue for the quarter was up 7.3% on a year-over-year basis. During the same quarter last year, the company earned $0.92 earnings per share. Sell-side analysts expect that TransUnion will post 3.99 earnings per share for the current year.

TransUnion announced that its board has authorized a share repurchase program on Thursday, February 13th that authorizes the company to buyback $500.00 million in shares. This buyback authorization authorizes the business services provider to buy up to 2.6% of its shares through open market purchases. Shares buyback programs are usually a sign that the company’s management believes its shares are undervalued.

TransUnion Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 6th. Stockholders of record on Thursday, May 22nd will be paid a dividend of $0.115 per share. The ex-dividend date of this dividend is Thursday, May 22nd. This represents a $0.46 dividend on an annualized basis and a dividend yield of 0.50%. TransUnion’s dividend payout ratio is currently 24.47%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the stock. UBS Group upped their price objective on shares of TransUnion from $102.00 to $104.00 and gave the company a “neutral” rating in a research note on Monday, February 3rd. William Blair reaffirmed an “outperform” rating on shares of TransUnion in a research note on Monday, March 24th. Stifel Nicolaus dropped their price objective on shares of TransUnion from $120.00 to $112.00 and set a “buy” rating for the company in a research note on Friday, April 25th. Barclays dropped their price objective on shares of TransUnion from $105.00 to $85.00 and set an “equal weight” rating for the company in a research note on Friday, April 4th. Finally, Needham & Company LLC reaffirmed a “hold” rating on shares of TransUnion in a research note on Friday, February 14th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and nine have assigned a buy rating to the company. According to MarketBeat, TransUnion currently has a consensus rating of “Moderate Buy” and a consensus target price of $109.38.

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.