Larson Financial Group LLC Boosts Stock Position in TransUnion (NYSE:TRU)

Larson Financial Group LLC boosted its position in shares of TransUnion (NYSE:TRU) by 13.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,209 shares of the business services provider’s stock after acquiring an additional 484 shares during the quarter. Larson Financial Group LLC’s holdings in TransUnion were worth $390,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of TRU. Huntington National Bank boosted its stake in shares of TransUnion by 84.5% in the third 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 period. Versant Capital Management Inc boosted its position in TransUnion by 82.1% in the 4th quarter. Versant Capital Management Inc now owns 428 shares of the business services provider’s stock valued at $40,000 after buying an additional 193 shares during the period. True Wealth Design LLC grew its stake in shares of TransUnion by 4,590.0% in the third 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 in the last quarter. Retirement Wealth Solutions LLC acquired a new stake in shares of TransUnion in the fourth quarter valued at $44,000. Finally, Kestra Investment Management LLC acquired a new position in TransUnion during the 4th quarter worth $51,000.

TransUnion Price Performance

Shares of NYSE TRU opened at $80.99 on Tuesday. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.70 and a current ratio of 1.70. TransUnion has a one year low of $66.07 and a one year high of $113.17. The firm has a market capitalization of $15.80 billion, a P/E ratio of 55.47, a PEG ratio of 1.18 and a beta of 1.70. The company’s fifty day moving average is $93.97 and its two-hundred day moving average is $98.40.

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

TransUnion declared that its board has authorized a share buyback program on Thursday, February 13th that authorizes the company to repurchase $500.00 million in shares. This repurchase authorization authorizes the business services provider to repurchase up to 2.6% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company’s leadership 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 issued a dividend of $0.115 per share. The ex-dividend date of this dividend is Thursday, February 27th. This is a boost from TransUnion’s previous quarterly dividend of $0.11. This represents a $0.46 annualized dividend and a yield of 0.57%. TransUnion’s payout ratio is currently 31.51%.

Insiders Place Their Bets

In other TransUnion news, insider Steven M. Chaouki sold 1,000 shares of the company’s stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $95.95, for a total value of $95,950.00. Following the sale, the insider now owns 58,488 shares of the company’s stock, valued at $5,611,923.60. This represents a 1.68 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Venkat Achanta sold 1,821 shares of the firm’s stock in a transaction that occurred 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 approximately $10,095,112.82. This trade represents a 1.70 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 4,021 shares of company stock worth $383,041. 0.22% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

TRU has been the topic of several analyst reports. Morgan Stanley reduced their target price on shares of TransUnion from $130.00 to $127.00 and set an “overweight” rating on the stock in a report on Tuesday, January 28th. Needham & Company LLC reissued a “hold” rating on shares of TransUnion in a research report on Friday, February 14th. Oppenheimer lowered their target price on shares of TransUnion from $115.00 to $112.00 and set an “outperform” rating on the stock in a research report on Tuesday, January 7th. William Blair reiterated an “outperform” rating on shares of TransUnion in a research note on Friday, February 14th. Finally, Wells Fargo & Company reduced their target price on shares of TransUnion from $135.00 to $126.00 and set an “overweight” rating for the company in a report on Friday, January 10th. Five investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $111.64.

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.