QRG Capital Management Inc. Acquires 381 Shares of TransUnion (NYSE:TRU)

QRG Capital Management Inc. increased its stake in TransUnion (NYSE:TRU) by 4.0% in the 4th quarter, HoldingsChannel.com reports. The fund owned 10,024 shares of the business services provider’s stock after purchasing an additional 381 shares during the quarter. QRG Capital Management Inc.’s holdings in TransUnion were worth $929,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the stock. Townsquare Capital LLC grew its holdings in TransUnion by 1.0% in the third quarter. Townsquare Capital LLC now owns 10,211 shares of the business services provider’s stock worth $1,069,000 after purchasing an additional 100 shares during the period. Huntington National Bank boosted its position in shares of TransUnion by 84.5% during the 3rd quarter. Huntington National Bank now owns 286 shares of the business services provider’s stock worth $30,000 after purchasing an additional 131 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in shares of TransUnion by 1.0% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 13,597 shares of the business services provider’s stock valued at $1,261,000 after buying an additional 131 shares during the period. GAMMA Investing LLC increased its position in TransUnion by 14.4% in the 4th quarter. GAMMA Investing LLC now owns 1,094 shares of the business services provider’s stock valued at $101,000 after buying an additional 138 shares in the last quarter. Finally, Yousif Capital Management LLC increased its position 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 buying an additional 139 shares in the last quarter.

Insider Transactions at TransUnion

In other TransUnion news, EVP Venkat Achanta sold 1,821 shares of TransUnion stock in a transaction dated Wednesday, February 26th. The shares were sold at an average price of $95.74, for a total value of $174,342.54. Following the sale, the executive vice president now owns 105,443 shares of the company’s stock, valued at approximately $10,095,112.82. The trade was a 1.70 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Steven M. Chaouki sold 1,000 shares of the stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $95.95, for a total transaction of $95,950.00. Following the transaction, 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 ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 4,021 shares of company stock worth $383,041 in the last ninety days. Company insiders own 0.22% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the company. William Blair reissued an “outperform” rating on shares of TransUnion in a research note on Friday, February 14th. Oppenheimer reduced their price target on shares of TransUnion from $115.00 to $112.00 and set an “outperform” rating for the company in a research report on Tuesday, January 7th. 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 report on Friday, January 10th. Needham & Company LLC reiterated a “hold” rating on shares of TransUnion in a report on Friday, February 14th. Finally, Morgan Stanley lowered their target price on shares of TransUnion from $130.00 to $127.00 and set an “overweight” rating on the stock in a report on Tuesday, January 28th. Five equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $111.64.

TransUnion Trading Down 3.1 %

Shares of TRU stock opened at $89.59 on Tuesday. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.70 and a current ratio of 1.70. The company has a market capitalization of $17.48 billion, a price-to-earnings ratio of 61.36, a PEG ratio of 1.18 and a beta of 1.63. TransUnion has a 52-week low of $66.07 and a 52-week high of $113.17. The company has a 50-day simple moving average of $94.63 and a two-hundred day simple moving average of $98.58.

TransUnion (NYSE:TRU) last released its earnings results on Thursday, February 13th. The business services provider reported $0.83 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.97 by ($0.14). The business 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%. Research analysts anticipate that TransUnion will post 3.99 EPS for the current fiscal year.

TransUnion announced that its Board of Directors has authorized a stock repurchase 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 reacquire up to 2.6% of its shares through open market purchases. Shares repurchase programs are often an indication that the company’s board believes its stock is undervalued.

TransUnion Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Thursday, February 27th will be given a dividend of $0.115 per share. The ex-dividend date is Thursday, February 27th. This is a positive change from TransUnion’s previous quarterly dividend of $0.11. This represents a $0.46 annualized dividend and a dividend yield of 0.51%. TransUnion’s dividend payout ratio (DPR) is currently 31.51%.

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.