FJ Capital Management LLC Makes New $267,000 Investment in TransUnion (NYSE:TRU)

FJ Capital Management LLC purchased a new stake in shares of TransUnion (NYSE:TRU) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 2,877 shares of the business services provider’s stock, valued at approximately $267,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in TRU. Fred Alger Management LLC increased its position in shares of TransUnion by 15.6% in the fourth quarter. Fred Alger Management LLC now owns 88,470 shares of the business services provider’s stock valued at $8,202,000 after acquiring an additional 11,944 shares during the period. Frontier Capital Management Co. LLC lifted its position in TransUnion by 9.2% during the fourth quarter. Frontier Capital Management Co. LLC now owns 714,375 shares of the business services provider’s stock valued at $66,230,000 after purchasing an additional 59,938 shares during the period. Crestline Management LP bought a new stake in TransUnion during the fourth quarter valued at approximately $6,900,000. Crow s Nest Holdings LP increased its holdings in TransUnion by 5.0% in the 4th quarter. Crow s Nest Holdings LP now owns 420,000 shares of the business services provider’s stock worth $38,938,000 after acquiring an additional 20,000 shares in the last quarter. Finally, Cetera Investment Advisers lifted its holdings in TransUnion by 18.1% in the 4th quarter. Cetera Investment Advisers now owns 42,239 shares of the business services provider’s stock worth $3,916,000 after purchasing an additional 6,488 shares in the last quarter.

Analysts Set New Price Targets

A number of equities analysts recently commented on the stock. Morgan Stanley dropped their price target 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. Stifel Nicolaus cut their price objective on TransUnion from $120.00 to $112.00 and set a “buy” rating on the stock in a report on Friday, April 25th. William Blair reaffirmed an “outperform” rating on shares of TransUnion in a research note on Monday, March 24th. Oppenheimer upped their price target on shares of TransUnion from $93.00 to $96.00 and gave the stock an “outperform” rating in a research report on Friday, April 25th. Finally, Barclays lowered their price target on shares of TransUnion from $105.00 to $85.00 and set an “equal weight” rating on the stock in a research report on Friday, April 4th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and nine have issued a buy rating to the stock. Based on data from MarketBeat, TransUnion currently has an average rating of “Moderate Buy” and a consensus target price of $109.38.

Insider Transactions at TransUnion

In other TransUnion news, insider Steven M. Chaouki sold 1,000 shares of the company’s stock in a transaction that occurred on Thursday, May 1st. The stock was sold at an average price of $82.96, for a total value of $82,960.00. Following the sale, the insider now owns 76,393 shares in the company, valued at approximately $6,337,563.28. This represents a 1.29 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, EVP Venkat Achanta sold 1,821 shares of TransUnion stock in a transaction dated 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 sale, 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 ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 4,021 shares of company stock valued at $359,761. 0.25% of the stock is currently owned by corporate insiders.

TransUnion Stock Performance

Shares of TRU opened at $86.51 on Friday. The company has a market capitalization of $16.88 billion, a price-to-earnings ratio of 59.25, a PEG ratio of 1.18 and a beta of 1.67. TransUnion has a 12 month low of $66.38 and a 12 month 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 50 day moving average of $80.85 and a 200 day moving average of $91.66.

TransUnion (NYSE:TRU) last posted its quarterly earnings data on Thursday, April 24th. The business services provider reported $1.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.98 by $0.07. TransUnion had a return on equity of 15.85% and a net margin of 6.80%. The firm had revenue of $1.10 billion during the quarter, compared to analysts’ expectations of $1.07 billion. During the same period in the prior year, the business earned $0.92 EPS. The company’s revenue for the quarter was up 7.3% compared to the same quarter last year. As a group, sell-side analysts forecast that TransUnion will post 3.99 earnings per share for the current year.

TransUnion Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 6th. Stockholders of record on Thursday, May 22nd will be given a dividend of $0.115 per share. This represents a $0.46 annualized dividend and a dividend yield of 0.53%. TransUnion’s dividend payout ratio (DPR) is 24.47%.

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

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.