Triad Wealth Partners LLC Makes New $311,000 Investment in TransUnion (NYSE:TRU)

Triad Wealth Partners LLC bought a new position in TransUnion (NYSE:TRU) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 3,352 shares of the business services provider’s stock, valued at approximately $311,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Massachusetts Financial Services Co. MA grew its position in shares of TransUnion by 17.4% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 19,180,562 shares of the business services provider’s stock valued at $2,008,205,000 after buying an additional 2,840,800 shares during the last quarter. Van ECK Associates Corp boosted its holdings in shares of TransUnion by 7.4% during the 4th quarter. Van ECK Associates Corp now owns 5,139,607 shares of the business services provider’s stock worth $476,493,000 after buying an additional 356,306 shares in the last quarter. FMR LLC grew its position in shares of TransUnion by 307.7% during the 3rd quarter. FMR LLC now owns 4,540,896 shares of the business services provider’s stock worth $475,432,000 after buying an additional 3,427,199 shares during the period. Wellington Management Group LLP increased its stake in shares of TransUnion by 16.8% in the 3rd quarter. Wellington Management Group LLP now owns 4,426,510 shares of the business services provider’s stock valued at $463,456,000 after acquiring an additional 635,581 shares in the last quarter. Finally, Janus Henderson Group PLC lifted its position in shares of TransUnion by 2.4% during the 3rd quarter. Janus Henderson Group PLC now owns 3,154,262 shares of the business services provider’s stock valued at $330,251,000 after acquiring an additional 75,410 shares during the period.

TransUnion Trading Up 2.3 %

NYSE TRU opened at $90.08 on Thursday. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.70 and a quick ratio of 1.70. The stock has a market capitalization of $17.58 billion, a price-to-earnings ratio of 61.70, a PEG ratio of 1.18 and a beta of 1.63. TransUnion has a one year low of $66.07 and a one year high of $113.17. The business’s fifty day moving average is $94.39 and its 200-day moving average is $98.52.

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

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

TransUnion Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Thursday, February 27th will be issued a dividend of $0.115 per share. This represents a $0.46 dividend on an annualized basis and a yield of 0.51%. The ex-dividend date of this dividend is Thursday, February 27th. This is a positive change from TransUnion’s previous quarterly dividend of $0.11. TransUnion’s payout ratio is presently 31.51%.

Insider Buying and Selling at TransUnion

In other news, insider Steven M. Chaouki sold 1,000 shares of TransUnion stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $95.95, for a total transaction of $95,950.00. Following the completion of the sale, the insider now owns 58,488 shares in the company, valued at approximately $5,611,923.60. This trade represents a 1.68 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Venkat Achanta sold 1,821 shares of the business’s stock in a transaction that occurred 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 completion of the sale, the executive vice president now owns 105,443 shares of the company’s stock, valued at $10,095,112.82. The trade was a 1.70 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 4,021 shares of company stock valued at $383,041 in the last quarter. 0.22% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on TRU shares. Jefferies Financial Group cut their price objective on shares of TransUnion from $125.00 to $115.00 and set a “buy” rating on the stock in a research report on Wednesday, January 15th. Wells Fargo & Company reduced their price target on shares of TransUnion from $135.00 to $126.00 and set an “overweight” rating for the company in a research report on Friday, January 10th. Morgan Stanley reduced their price target on shares of TransUnion from $130.00 to $127.00 and set an “overweight” rating for the company in a research report on Tuesday, January 28th. Needham & Company LLC reissued a “hold” rating on shares of TransUnion in a research report on Friday, February 14th. Finally, UBS Group lifted their price target on shares of TransUnion from $102.00 to $104.00 and gave the company a “neutral” rating in a research report on Monday, February 3rd. Five analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $111.64.

TransUnion 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.