Ensign Peak Advisors Inc Acquires 6,000 Shares of TransUnion (NYSE:TRU)

Ensign Peak Advisors Inc raised its holdings in TransUnion (NYSE:TRU) by 1.4% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 421,338 shares of the business services provider’s stock after acquiring an additional 6,000 shares during the quarter. Ensign Peak Advisors Inc owned approximately 0.22% of TransUnion worth $39,062,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of TRU. Massachusetts Financial Services Co. MA increased its holdings in TransUnion by 1.9% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 19,540,131 shares of the business services provider’s stock valued at $1,811,566,000 after purchasing an additional 359,569 shares during the period. Vanguard Group Inc. increased its stake in shares of TransUnion by 1.4% in the fourth quarter. Vanguard Group Inc. now owns 18,066,657 shares of the business services provider’s stock valued at $1,674,960,000 after buying an additional 241,019 shares during the period. Wellington Management Group LLP raised its position in shares of TransUnion by 52.5% during the fourth quarter. Wellington Management Group LLP now owns 6,749,849 shares of the business services provider’s stock worth $625,779,000 after acquiring an additional 2,323,339 shares during the last quarter. Van ECK Associates Corp lifted its stake in shares of TransUnion by 7.4% in the fourth quarter. Van ECK Associates Corp now owns 5,139,607 shares of the business services provider’s stock worth $476,493,000 after acquiring an additional 356,306 shares during the period. Finally, FMR LLC boosted its holdings in TransUnion by 11.1% in the fourth quarter. FMR LLC now owns 5,044,865 shares of the business services provider’s stock valued at $467,709,000 after acquiring an additional 503,969 shares during the last quarter.

Analyst Upgrades and Downgrades

Several research firms have issued reports on TRU. Needham & Company LLC restated a “hold” rating on shares of TransUnion in a report on Friday, February 14th. UBS Group lifted their target price on shares of TransUnion from $102.00 to $104.00 and gave the stock a “neutral” rating in a research note on Monday, February 3rd. Wells Fargo & Company cut their price target on shares of TransUnion from $130.00 to $117.00 and set an “overweight” rating on the stock in a research report on Monday, April 14th. William Blair reiterated an “outperform” rating on shares of TransUnion in a report on Monday, March 24th. Finally, Morgan Stanley dropped their price objective on TransUnion from $130.00 to $127.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 28th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat.com, TransUnion has a consensus rating of “Moderate Buy” and an average price target of $109.38.

TransUnion Stock Down 0.0 %

TRU stock opened at $86.39 on Friday. The stock’s 50 day simple moving average is $80.82 and its 200 day simple moving average is $91.40. The company has a market cap of $16.85 billion, a P/E ratio of 59.17, a price-to-earnings-growth ratio of 1.18 and a beta of 1.67. 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 has a fifty-two week low of $66.38 and a fifty-two week high of $113.17.

TransUnion (NYSE:TRU) last issued its earnings results on Thursday, April 24th. The business services provider reported $1.05 earnings per share 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 company had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.07 billion. During the same period in the prior year, the firm earned $0.92 earnings per share. TransUnion’s revenue for the quarter was up 7.3% on a year-over-year basis. On average, research analysts expect that TransUnion will post 3.99 earnings per share for the current fiscal year.

TransUnion Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 6th. Stockholders of record on Thursday, May 22nd will be issued a dividend of $0.115 per share. This represents a $0.46 dividend on an annualized basis and a dividend yield of 0.53%. The ex-dividend date of this dividend is Thursday, May 22nd. TransUnion’s dividend payout ratio is currently 24.47%.

TransUnion declared that its Board of Directors has authorized a share repurchase program on Thursday, February 13th that allows the company to repurchase $500.00 million in outstanding shares. This repurchase authorization allows the business services provider to reacquire up to 2.6% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company’s leadership believes its shares are undervalued.

Insider Transactions at TransUnion

In other TransUnion news, insider Steven M. Chaouki sold 1,000 shares of the firm’s stock in a transaction on Thursday, May 1st. The stock was sold at an average price of $82.96, for a total transaction of $82,960.00. Following the transaction, the insider now directly owns 76,393 shares in the company, valued at approximately $6,337,563.28. This trade represents a 1.29 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Venkat Achanta sold 1,821 shares of the company’s stock in a transaction on 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 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 position. The disclosure for this sale can be found here. Insiders sold a total of 4,021 shares of company stock valued at $359,761 over the last three months. Corporate insiders own 0.25% of the company’s stock.

TransUnion 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.