116,341 Shares in TransUnion (NYSE:TRU) Bought by Sone Capital Management LLC

Sone Capital Management LLC purchased a new stake in TransUnion (NYSE:TRU) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 116,341 shares of the business services provider’s stock, valued at approximately $10,786,000. TransUnion comprises 1.4% of Sone Capital Management LLC’s holdings, making the stock its 24th biggest holding. Sone Capital Management LLC owned about 0.06% of TransUnion at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. boosted its stake in TransUnion by 3.4% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 700,518 shares of the business services provider’s stock worth $64,945,000 after purchasing an additional 22,826 shares in the last quarter. Jones Financial Companies Lllp raised its holdings in shares of TransUnion by 62.1% in the fourth quarter. Jones Financial Companies Lllp now owns 2,097 shares of the business services provider’s stock worth $194,000 after buying an additional 803 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in shares of TransUnion by 39.5% during the fourth quarter. JPMorgan Chase & Co. now owns 315,530 shares of the business services provider’s stock worth $29,253,000 after buying an additional 89,340 shares during the period. Assenagon Asset Management S.A. lifted its stake in shares of TransUnion by 22.0% during 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 buying an additional 4,743 shares during the period. Finally, Financiere des Professionnels Fonds d investissement inc. grew its holdings in shares of TransUnion by 32.2% during the fourth quarter. Financiere des Professionnels Fonds d investissement inc. now owns 191,364 shares of the business services provider’s stock valued at $17,741,000 after buying an additional 46,612 shares during the last quarter.

Insider Transactions at TransUnion

In other TransUnion news, insider Steven M. Chaouki sold 1,000 shares of the business’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 transaction of $82,960.00. Following the completion of the sale, the insider now directly owns 76,393 shares in the company, valued at approximately $6,337,563.28. The trade was a 1.29% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Venkat Achanta sold 1,821 shares of the stock in a transaction that occurred on Wednesday, February 26th. The shares were sold at an average price of $95.74, for a total value of $174,342.54. Following the transaction, the executive vice president now directly owns 105,443 shares of the company’s stock, valued at $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 4,021 shares of company stock valued at $359,761 over the last 90 days. Corporate insiders own 0.22% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have commented on the company. Morgan Stanley lowered their price target on TransUnion from $130.00 to $127.00 and set an “overweight” rating for the company in a research report on Tuesday, January 28th. Wells Fargo & Company decreased their target price on TransUnion from $130.00 to $117.00 and set an “overweight” rating for the company in a report on Monday, April 14th. Bank of America started coverage on shares of TransUnion in a report on Thursday, April 10th. They issued an “underperform” rating and a $84.00 price target on the stock. Barclays decreased 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, Oppenheimer increased their price objective on shares of TransUnion from $93.00 to $96.00 and gave the stock an “outperform” rating in a research note on Friday, April 25th. 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. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $109.38.

TransUnion Price Performance

NYSE:TRU opened at $91.96 on Monday. 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 52 week low of $66.38 and a 52 week high of $113.17. The stock’s 50-day moving average price is $81.42 and its 200-day moving average price is $90.90. The stock has a market capitalization 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 (NYSE:TRU) last posted its quarterly earnings data on Thursday, April 24th. The business services provider reported $1.05 EPS for the quarter, beating 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 business had revenue of $1.10 billion during the quarter, compared to analysts’ expectations of $1.07 billion. During the same period in the previous year, the business earned $0.92 earnings per share. The business’s revenue was up 7.3% compared to the same quarter last year. As a group, equities analysts expect that TransUnion will post 3.99 EPS for the current fiscal year.

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

TransUnion Dividend Announcement

The business 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 $0.115 dividend. The ex-dividend date of this dividend is Thursday, May 22nd. This represents a $0.46 annualized dividend and a dividend yield of 0.50%. TransUnion’s dividend payout ratio (DPR) is 24.47%.

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.