TransUnion (NYSE:TRU) Shares Sold by DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main

DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main trimmed its position in TransUnion (NYSE:TRU) by 77.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,670 shares of the business services provider’s stock after selling 69,086 shares during the quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main’s holdings in TransUnion were worth $1,916,000 at the end of the most recent quarter.

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

Insider Buying and Selling

In related news, insider Steven M. Chaouki sold 1,000 shares of the business’s stock in a transaction dated Tuesday, April 1st. The shares were sold at an average price of $83.31, for a total transaction of $83,310.00. Following the completion of the sale, the insider now owns 77,393 shares of the company’s stock, valued at $6,447,610.83. This represents a 1.28 % decrease in their position. The sale 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 firm’s stock in a transaction dated 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 transaction, the executive vice president now directly owns 105,443 shares in the company, valued at $10,095,112.82. This represents a 1.70 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 4,021 shares of company stock worth $359,761 over the last ninety days. 0.25% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of brokerages have commented on TRU. Stifel Nicolaus reduced their price objective on TransUnion from $120.00 to $112.00 and set a “buy” rating on the stock in a research note on Friday, April 25th. William Blair reissued an “outperform” rating on shares of TransUnion in a research report on Monday, March 24th. Wells Fargo & Company decreased their price target on TransUnion from $130.00 to $117.00 and set an “overweight” rating for the company in a report on Monday, April 14th. UBS Group lifted their price objective on shares of TransUnion from $102.00 to $104.00 and gave the company a “neutral” rating in a research note on Monday, February 3rd. Finally, Needham & Company LLC restated a “hold” rating on shares of TransUnion in a research note on Friday, February 14th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and nine have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $109.38.

TransUnion Price Performance

Shares of TRU stock opened at $86.39 on Friday. The firm has a market cap of $16.85 billion, a P/E ratio of 59.17, a P/E/G ratio of 1.18 and a beta of 1.67. The firm has a fifty day moving average of $80.82 and a two-hundred day moving average of $91.40. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.70 and a quick ratio of 1.70. TransUnion has a 1-year low of $66.38 and a 1-year high of $113.17.

TransUnion (NYSE:TRU) last posted its quarterly earnings results on Thursday, April 24th. The business services provider reported $1.05 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 business had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.07 billion. During the same period last year, the firm earned $0.92 earnings per share. The company’s revenue for the quarter was up 7.3% compared to the same quarter last year. As a group, research analysts anticipate that TransUnion will post 3.99 earnings per share for the current fiscal year.

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

TransUnion Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 6th. Investors 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%. The ex-dividend date is Thursday, May 22nd. TransUnion’s dividend payout ratio is currently 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.