Xponance Inc. Has $2.09 Million Holdings in TransUnion (NYSE:TRU)

Xponance Inc. increased its stake in shares of TransUnion (NYSE:TRU) by 23.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 22,517 shares of the business services provider’s stock after purchasing an additional 4,274 shares during the period. Xponance Inc.’s holdings in TransUnion were worth $2,088,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in TRU. Versant Capital Management Inc grew its stake in TransUnion by 82.1% in the fourth quarter. Versant Capital Management Inc now owns 428 shares of the business services provider’s stock valued at $40,000 after acquiring an additional 193 shares during the period. Retirement Wealth Solutions LLC acquired a new position in TransUnion in the fourth quarter valued at about $44,000. True Wealth Design LLC grew its stake in TransUnion by 4,590.0% in 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. Proficio Capital Partners LLC acquired a new position in TransUnion in the fourth quarter valued at about $49,000. Finally, Kestra Investment Management LLC acquired a new position in TransUnion in the fourth quarter valued at about $51,000.

Wall Street Analyst Weigh In

A number of research firms have issued reports on TRU. Oppenheimer decreased their target price on TransUnion from $115.00 to $112.00 and set an “outperform” rating for the company in a research note on Tuesday, January 7th. Jefferies Financial Group reduced their price objective on TransUnion from $125.00 to $115.00 and set a “buy” rating for the company in a research report on Wednesday, January 15th. Needham & Company LLC reaffirmed a “hold” rating on shares of TransUnion in a research report on Friday, February 14th. UBS Group upped their price objective on TransUnion from $102.00 to $104.00 and gave the stock a “neutral” rating in a research report on Monday, February 3rd. Finally, Morgan Stanley reduced their price objective on TransUnion from $130.00 to $127.00 and set an “overweight” rating for the company in a research report on Tuesday, January 28th. Five 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, TransUnion has a consensus rating of “Moderate Buy” and a consensus target price of $111.64.

TransUnion Price Performance

NYSE:TRU opened at $85.41 on Friday. The company has a quick ratio of 1.70, a current ratio of 1.70 and a debt-to-equity ratio of 1.18. The stock’s 50 day moving average price is $92.42 and its two-hundred day moving average price is $97.46. The firm has a market capitalization of $16.66 billion, a price-to-earnings ratio of 58.50, a P/E/G ratio of 1.18 and a beta of 1.70. TransUnion has a 12-month low of $66.07 and a 12-month high of $113.17.

TransUnion (NYSE:TRU) last released 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 business had revenue of $1.04 billion during the quarter, compared to the consensus estimate of $1.03 billion. TransUnion had a net margin of 6.80% and a return on equity of 15.85%. On average, analysts anticipate that TransUnion will post 3.99 earnings per share for the current year.

TransUnion Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Thursday, February 27th were given a dividend of $0.115 per share. The ex-dividend date of this dividend was Thursday, February 27th. This represents a $0.46 dividend on an annualized basis and a yield of 0.54%. This is an increase from TransUnion’s previous quarterly dividend of $0.11. TransUnion’s dividend payout ratio is currently 31.51%.

TransUnion declared that its Board of Directors has initiated a stock buyback 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 shares through open market purchases. Shares buyback programs are often an indication that the company’s leadership believes its shares are undervalued.

Insider Buying and Selling

In other TransUnion news, insider Steven M. Chaouki sold 1,000 shares of the firm’s stock in a transaction on Monday, February 3rd. The stock was 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 approximately $5,611,923.60. This trade represents a 1.68 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Venkat Achanta sold 1,821 shares of the stock in a transaction 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 transaction, 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 ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 4,021 shares of company stock valued at $383,041 over the last 90 days. 0.22% of the stock is owned by corporate insiders.

About TransUnion

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.