Nissay Asset Management Corp Japan ADV Acquires 203 Shares of TransUnion (NYSE:TRU)

Nissay Asset Management Corp Japan ADV increased its holdings in TransUnion (NYSE:TRU) by 0.9% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 23,697 shares of the business services provider’s stock after buying an additional 203 shares during the period. Nissay Asset Management Corp Japan ADV’s holdings in TransUnion were worth $2,220,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of TRU. Aster Capital Management DIFC Ltd bought a new position in TransUnion in the fourth quarter worth approximately $40,000. Huntington National Bank raised its stake in 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 buying an additional 168 shares in the last quarter. Retirement Wealth Solutions LLC bought a new position in TransUnion in the fourth quarter worth approximately $44,000. Brown Brothers Harriman & Co. purchased a new position in TransUnion in the fourth quarter worth $47,000. Finally, Mizuho Bank Ltd. purchased a new position in TransUnion in the fourth quarter worth $47,000.

Analysts Set New Price Targets

Several research firms have issued reports on TRU. Bank of America began 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. 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 report on Monday, April 14th. Stifel Nicolaus cut their price target on shares of TransUnion from $120.00 to $112.00 and set a “buy” rating on the stock in a report on Friday, April 25th. Needham & Company LLC reaffirmed a “hold” rating on shares of TransUnion in a report on Friday, February 14th. Finally, William Blair reaffirmed an “outperform” rating on shares of TransUnion in a report on Monday, March 24th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $109.38.

Insider Buying and Selling at TransUnion

In other TransUnion news, EVP Venkat Achanta sold 1,821 shares of the company’s stock in a transaction 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 sale, the executive vice president now directly owns 105,443 shares of the company’s stock, 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 Securities & Exchange Commission, which can be accessed through this link. Also, insider Steven M. Chaouki sold 1,000 shares of the company’s stock in a transaction on Thursday, May 1st. The shares were 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 ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 4,021 shares of company stock valued at $359,761. 0.22% of the stock is owned by insiders.

TransUnion Trading Up 0.8%

Shares of NYSE:TRU opened at $91.96 on Friday. TransUnion has a 52-week low of $66.38 and a 52-week high of $113.17. The stock has a market cap of $17.94 billion, a price-to-earnings ratio of 62.99, a PEG ratio of 1.18 and a beta of 1.67. The company has a quick ratio of 1.70, a current ratio of 1.70 and a debt-to-equity ratio of 1.18. The business has a 50-day moving average price of $81.42 and a 200-day moving average price of $90.97.

TransUnion (NYSE:TRU) last posted its quarterly earnings results on Thursday, April 24th. The business services provider reported $1.05 EPS for the quarter, beating the consensus estimate of $0.98 by $0.07. TransUnion had a net margin of 6.80% and a return on equity of 15.85%. 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 company earned $0.92 earnings per share. The firm’s revenue was up 7.3% on a year-over-year basis. Equities analysts predict that TransUnion will post 3.99 EPS for the current year.

TransUnion Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 6th. Shareholders of record on Thursday, May 22nd will be issued a $0.115 dividend. This represents a $0.46 annualized dividend and a yield of 0.50%. The ex-dividend date is Thursday, May 22nd. TransUnion’s payout ratio is 24.47%.

TransUnion declared that its Board of Directors has authorized a share repurchase program on Thursday, February 13th that permits the company to repurchase $500.00 million in shares. This repurchase authorization permits the business services provider to buy up to 2.6% of its stock through open market purchases. Stock repurchase 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.