Fjarde AP Fonden Fourth Swedish National Pension Fund Sells 3,500 Shares of TransUnion (NYSE:TRU)

Fjarde AP Fonden Fourth Swedish National Pension Fund decreased its stake in TransUnion (NYSE:TRU) by 7.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 44,567 shares of the business services provider’s stock after selling 3,500 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in TransUnion were worth $4,132,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Huntington National Bank increased its holdings in shares of TransUnion by 84.5% during the 3rd quarter. Huntington National Bank now owns 286 shares of the business services provider’s stock worth $30,000 after purchasing an additional 131 shares during the period. Versant Capital Management Inc grew its position in TransUnion by 82.1% during the fourth quarter. Versant Capital Management Inc now owns 428 shares of the business services provider’s stock worth $40,000 after buying an additional 193 shares in the last quarter. Retirement Wealth Solutions LLC acquired a new stake in TransUnion during the fourth quarter worth about $44,000. True Wealth Design LLC increased its stake in TransUnion by 4,590.0% during the third quarter. True Wealth Design LLC now owns 469 shares of the business services provider’s stock valued at $49,000 after acquiring an additional 459 shares during the period. Finally, Kestra Investment Management LLC acquired a new position in TransUnion in the 4th quarter valued at approximately $51,000.

Insiders Place Their Bets

In other TransUnion news, insider Steven M. Chaouki sold 1,000 shares of TransUnion stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of $93.60, for a total transaction of $93,600.00. Following the completion of the sale, the insider now owns 59,488 shares of the company’s stock, valued at approximately $5,568,076.80. The trade was a 1.65 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Todd C. Skinner sold 3,090 shares of the stock in a transaction on Friday, November 29th. The shares were sold at an average price of $101.48, for a total value of $313,573.20. Following the completion of the transaction, the insider now directly owns 24,333 shares in the company, valued at approximately $2,469,312.84. This trade represents a 11.27 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 6,590 shares of company stock valued at $654,218. 0.22% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

TRU has been the topic of several recent research reports. Oppenheimer decreased their price objective on TransUnion from $115.00 to $112.00 and set an “outperform” rating on the stock in a report on Tuesday, January 7th. Jefferies Financial Group lowered their price target on shares of TransUnion from $125.00 to $115.00 and set a “buy” rating on the stock in a report on Wednesday, January 15th. Needham & Company LLC restated a “hold” rating on shares of TransUnion in a research note on Friday, February 14th. Wells Fargo & Company decreased their target price on shares of TransUnion from $135.00 to $126.00 and set an “overweight” rating on the stock in a research report on Friday, January 10th. Finally, William Blair reissued an “outperform” rating on shares of TransUnion in a research report on Friday, February 14th. Five analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $111.64.

TransUnion Price Performance

Shares of TRU stock opened at $95.48 on Wednesday. TransUnion has a 1 year low of $66.07 and a 1 year high of $113.17. 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’s 50 day moving average is $94.66 and its 200-day moving average is $98.48. The firm has a market capitalization of $18.63 billion, a price-to-earnings ratio of 65.40, a PEG ratio of 1.18 and a beta of 1.63.

TransUnion (NYSE:TRU) last posted its quarterly earnings data on Thursday, February 13th. The business services provider reported $0.83 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.97 by ($0.14). The firm had revenue of $1.04 billion for the quarter, compared to analyst estimates of $1.03 billion. TransUnion had a return on equity of 15.85% and a net margin of 6.80%. Sell-side analysts forecast that TransUnion will post 3.99 EPS for the current fiscal year.

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

TransUnion Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Thursday, February 27th will be given a $0.115 dividend. This represents a $0.46 dividend on an annualized basis and a yield of 0.48%. This is a positive change from TransUnion’s previous quarterly dividend of $0.11. The ex-dividend date of this dividend is Thursday, February 27th. TransUnion’s dividend payout ratio (DPR) is presently 31.51%.

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.