Junto Capital Management LP Buys New Stake in TransUnion (NYSE:TRU)

Junto Capital Management LP purchased a new position in shares of TransUnion (NYSE:TRU) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 323,864 shares of the business services provider’s stock, valued at approximately $30,025,000.

Several other institutional investors and hedge funds have also made changes to their positions in TRU. Aster Capital Management DIFC Ltd acquired a new stake in TransUnion during the 4th quarter worth $40,000. Huntington National Bank raised its stake in shares of TransUnion by 58.7% during the fourth quarter. Huntington National Bank now owns 454 shares of the business services provider’s stock worth $42,000 after purchasing an additional 168 shares during the last quarter. Retirement Wealth Solutions LLC acquired a new stake in shares of TransUnion during the fourth quarter worth $44,000. Brown Brothers Harriman & Co. acquired a new position in TransUnion in the 4th quarter valued at $47,000. Finally, Mizuho Bank Ltd. acquired a new stake in shares of TransUnion in the 4th quarter worth $47,000.

Wall Street Analysts Forecast Growth

TRU has been the subject of several analyst reports. UBS Group increased their price target on shares of TransUnion from $102.00 to $104.00 and gave the stock a “neutral” rating in a report on Monday, February 3rd. William Blair reissued an “outperform” rating on shares of TransUnion in a research note on Monday, March 24th. Needham & Company LLC restated a “hold” rating on shares of TransUnion in a research note on Friday, February 14th. Jefferies Financial Group reduced their target price on TransUnion from $125.00 to $115.00 and set a “buy” rating for the company in a report on Wednesday, January 15th. Finally, Barclays decreased their target price 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 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 data from MarketBeat.com, TransUnion presently has an average rating of “Moderate Buy” and an average target price of $109.38.

Insider Buying and Selling at TransUnion

In related news, 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 value of $174,342.54. Following the completion of the transaction, the executive vice president now directly owns 105,443 shares in the company, valued at approximately $10,095,112.82. This represents a 1.70 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Steven M. Chaouki sold 1,000 shares of the stock in a transaction dated Thursday, May 1st. The stock was sold at an average price of $82.96, for a total value of $82,960.00. Following the transaction, 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 disclosure for this sale can be found here. In the last ninety days, insiders have sold 4,021 shares of company stock worth $359,761. Corporate insiders own 0.25% of the company’s stock.

TransUnion Stock Performance

NYSE:TRU opened at $86.39 on Friday. TransUnion has a twelve month low of $66.38 and a twelve month high of $113.17. The company has a market capitalization 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 current ratio of 1.70, a quick ratio of 1.70 and a debt-to-equity ratio of 1.18. The firm has a 50-day moving average price of $80.82 and a two-hundred day moving average price of $91.40.

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

TransUnion Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, June 6th. Investors of record on Thursday, May 22nd will be paid a $0.115 dividend. This represents a $0.46 annualized dividend and a yield of 0.53%. The ex-dividend date of this dividend is Thursday, May 22nd. TransUnion’s payout ratio is 24.47%.

TransUnion declared that its board has authorized a share buyback program on Thursday, February 13th that authorizes the company to buyback $500.00 million in outstanding 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 typically an indication that the company’s leadership believes its stock is undervalued.

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.