Jones Financial Companies Lllp Acquires 803 Shares of TransUnion (NYSE:TRU)

Jones Financial Companies Lllp raised its holdings in shares of TransUnion (NYSE:TRU) by 62.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,097 shares of the business services provider’s stock after purchasing an additional 803 shares during the period. Jones Financial Companies Lllp’s holdings in TransUnion were worth $194,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Huntington National Bank raised its position in TransUnion by 84.5% during the 3rd quarter. Huntington National Bank now owns 286 shares of the business services provider’s stock valued at $30,000 after purchasing an additional 131 shares during the last quarter. Versant Capital Management Inc grew its holdings in shares of TransUnion by 82.1% during the 4th quarter. Versant Capital Management Inc now owns 428 shares of the business services provider’s stock worth $40,000 after acquiring an additional 193 shares during the period. Retirement Wealth Solutions LLC purchased a new position in shares of TransUnion during the 4th quarter worth approximately $44,000. True Wealth Design LLC grew its holdings in shares of TransUnion by 4,590.0% during the 3rd quarter. True Wealth Design LLC now owns 469 shares of the business services provider’s stock worth $49,000 after acquiring an additional 459 shares during the period. Finally, Proficio Capital Partners LLC purchased a new position in shares of TransUnion during the 4th quarter worth approximately $49,000.

Analyst Ratings Changes

A number of research analysts have weighed in on the company. Needham & Company LLC reiterated a “hold” rating on shares of TransUnion in a report on Friday, February 14th. UBS Group upped their target price on TransUnion from $102.00 to $104.00 and gave the stock a “neutral” rating in a report on Monday, February 3rd. William Blair reiterated an “outperform” rating on shares of TransUnion in a report on Friday, February 14th. Wells Fargo & Company reduced their target price on TransUnion from $135.00 to $126.00 and set an “overweight” rating on the stock in a report on Friday, January 10th. Finally, Oppenheimer reduced their target price on TransUnion from $115.00 to $112.00 and set an “outperform” rating on the stock in a report on Tuesday, January 7th. Five research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $111.64.

TransUnion Stock Performance

Shares of TRU opened at $80.31 on Friday. The business’s fifty day simple moving average is $93.34 and its two-hundred day simple moving average is $98.08. The company has a current ratio of 1.70, a quick ratio of 1.70 and a debt-to-equity ratio of 1.18. TransUnion has a 12 month low of $66.07 and a 12 month high of $113.17. The company has a market cap of $15.67 billion, a price-to-earnings ratio of 55.01, a P/E/G ratio of 1.18 and a beta of 1.70.

TransUnion (NYSE:TRU) last issued its earnings results on Thursday, February 13th. The business services provider reported $0.83 EPS for the quarter, missing the consensus estimate of $0.97 by ($0.14). TransUnion had a net margin of 6.80% and a return on equity of 15.85%. The business had revenue of $1.04 billion for the quarter, compared to analysts’ expectations of $1.03 billion. Research analysts anticipate that TransUnion will post 3.99 earnings per share for the current fiscal year.

TransUnion Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Thursday, February 27th will be paid a dividend of $0.115 per share. This represents a $0.46 annualized dividend and a yield of 0.57%. This is an increase from TransUnion’s previous quarterly dividend of $0.11. The ex-dividend date is Thursday, February 27th. TransUnion’s dividend payout ratio (DPR) is currently 31.51%.

TransUnion declared that its board has authorized a stock repurchase plan on Thursday, February 13th that permits the company to buyback $500.00 million in outstanding shares. This buyback authorization permits the business services provider to purchase up to 2.6% of its shares through open market purchases. Shares buyback plans are generally a sign that the company’s board of directors believes its shares are undervalued.

Insider Buying and Selling at TransUnion

In other news, EVP Venkat Achanta sold 1,821 shares of the 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 transaction, the executive vice president now directly owns 105,443 shares of the company’s stock, valued at $10,095,112.82. This represents a 1.70 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Steven M. Chaouki sold 1,000 shares of the stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of $93.60, for a total value of $93,600.00. Following the transaction, the insider now directly owns 59,488 shares in the company, valued at $5,568,076.80. The trade was a 1.65 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 4,021 shares of company stock worth $383,041. Insiders own 0.22% of the company’s stock.

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.