LTS One Management LP Has $18.54 Million Stock Position in TransUnion (NYSE:TRU)

LTS One Management LP increased its stake in TransUnion (NYSE:TRU) by 23.8% during the fourth quarter, HoldingsChannel reports. The firm owned 200,000 shares of the business services provider’s stock after acquiring an additional 38,500 shares during the period. TransUnion accounts for approximately 5.2% of LTS One Management LP’s holdings, making the stock its 13th biggest position. LTS One Management LP’s holdings in TransUnion were worth $18,542,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently bought and sold shares of TRU. Versant Capital Management Inc grew its holdings in shares of TransUnion by 82.1% during the fourth 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 in the last quarter. Aster Capital Management DIFC Ltd purchased a new position in shares of TransUnion during the 4th quarter valued at $40,000. Huntington National Bank increased its stake in shares of 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 acquiring an additional 168 shares during the last quarter. Retirement Wealth Solutions LLC purchased a new stake in shares of TransUnion during the fourth quarter worth $44,000. Finally, Mizuho Bank Ltd. purchased a new stake in shares of TransUnion during the fourth quarter worth $47,000.

TransUnion Stock Down 0.4 %

TRU opened at $72.39 on Monday. The business has a 50 day moving average of $86.71 and a 200-day moving average of $94.95. The stock has a market capitalization of $14.13 billion, a price-to-earnings ratio of 49.58, a P/E/G ratio of 1.18 and a beta of 1.67. 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 1-year low of $66.07 and a 1-year high of $113.17.

TransUnion (NYSE:TRU) last posted its quarterly earnings results 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 company had revenue of $1.04 billion during 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%. As a group, sell-side analysts anticipate that TransUnion will post 3.99 earnings per share for the current year.

TransUnion declared that its board has initiated a stock repurchase program on Thursday, February 13th that authorizes the company to buyback $500.00 million in shares. This buyback authorization authorizes the business services provider to repurchase up to 2.6% of its stock through open market purchases. Stock buyback programs are usually 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 was paid on Friday, March 14th. Shareholders of record on Thursday, February 27th were given a $0.115 dividend. The ex-dividend date was Thursday, February 27th. This represents a $0.46 dividend on an annualized basis and a dividend yield of 0.64%. This is an increase from TransUnion’s previous quarterly dividend of $0.11. TransUnion’s dividend payout ratio (DPR) is currently 31.51%.

Insider Transactions at TransUnion

In other TransUnion news, insider Steven M. Chaouki sold 1,000 shares of TransUnion stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $95.95, for a total transaction of $95,950.00. Following the sale, the insider now owns 58,488 shares in the company, valued at $5,611,923.60. The trade was a 1.68 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Venkat Achanta sold 1,821 shares of the firm’s stock in a transaction dated 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. The trade was a 1.70 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 4,021 shares of company stock valued at $372,751. 0.22% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on TRU shares. William Blair restated an “outperform” rating on shares of TransUnion in a report on Monday, March 24th. Morgan Stanley dropped their price target on shares of TransUnion from $130.00 to $127.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 28th. UBS Group lifted their price objective on shares of TransUnion from $102.00 to $104.00 and gave the company a “neutral” rating in a research note on Monday, February 3rd. Jefferies Financial Group lowered their target price 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. Finally, Barclays reduced their price target on TransUnion from $105.00 to $85.00 and set an “equal weight” rating for the company in a research report on Friday, April 4th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and nine have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $111.92.

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.