TransUnion (NYSE:TRU) Position Increased by FFT Wealth Management LLC

FFT Wealth Management LLC raised its holdings in TransUnion (NYSE:TRU) by 40.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,707 shares of the business services provider’s stock after acquiring an additional 1,075 shares during the quarter. FFT Wealth Management LLC’s holdings in TransUnion were worth $344,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Townsquare Capital LLC lifted its holdings in TransUnion by 1.0% in the 3rd quarter. Townsquare Capital LLC now owns 10,211 shares of the business services provider’s stock worth $1,069,000 after purchasing an additional 100 shares during the last quarter. Signaturefd LLC grew its holdings in shares of TransUnion by 15.0% during the 3rd quarter. Signaturefd LLC now owns 788 shares of the business services provider’s stock worth $83,000 after purchasing an additional 103 shares in the last quarter. Huntington National Bank increased its holdings in TransUnion by 84.5% in the 3rd quarter. Huntington National Bank now owns 286 shares of the business services provider’s stock valued at $30,000 after buying an additional 131 shares during the period. Wealth Enhancement Advisory Services LLC increased its stake in TransUnion by 1.0% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 13,597 shares of the business services provider’s stock valued at $1,261,000 after acquiring an additional 131 shares during the period. Finally, GAMMA Investing LLC grew its stake in shares of TransUnion by 14.4% in the 4th quarter. GAMMA Investing LLC now owns 1,094 shares of the business services provider’s stock valued at $101,000 after purchasing an additional 138 shares during the period.

Insider Activity at TransUnion

In related news, insider Steven M. Chaouki sold 1,000 shares of the business’s stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $93.60, for a total value of $93,600.00. Following the completion of the sale, the insider now directly owns 59,488 shares in the company, valued at approximately $5,568,076.80. The trade was a 1.65 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Todd C. Skinner sold 3,090 shares of the company’s 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 sale, the insider now owns 24,333 shares of the company’s stock, valued at approximately $2,469,312.84. The trade was a 11.27 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 6,590 shares of company stock worth $654,218. Company insiders own 0.22% of the company’s stock.

TransUnion Stock Performance

Shares of TRU stock opened at $95.48 on Wednesday. The firm has a market cap of $18.63 billion, a PE ratio of 65.40, a P/E/G ratio of 1.18 and a beta of 1.63. TransUnion has a 12 month low of $66.07 and a 12 month high of $113.17. The company’s fifty day simple moving average is $94.66 and its 200-day simple moving average is $98.48. The company has a quick ratio of 1.70, a current ratio of 1.70 and a debt-to-equity ratio of 1.18.

TransUnion (NYSE:TRU) last posted its quarterly earnings results on Thursday, February 13th. The business services provider reported $0.83 earnings per share for the quarter, missing analysts’ consensus estimates of $0.97 by ($0.14). The company 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%. Equities research analysts expect that TransUnion will post 3.99 EPS for the current fiscal year.

TransUnion declared that its Board of Directors has approved a stock repurchase plan on Thursday, February 13th that permits the company to repurchase $500.00 million in 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 often a sign that the company’s management believes its shares are undervalued.

TransUnion Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Thursday, February 27th will be given a dividend of $0.115 per share. This represents a $0.46 dividend on an annualized basis and a yield of 0.48%. The ex-dividend date of this dividend is Thursday, February 27th. This is an increase from TransUnion’s previous quarterly dividend of $0.11. TransUnion’s payout ratio is 31.51%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on TRU shares. Wells Fargo & Company dropped their target price 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. Jefferies Financial Group dropped their target price on TransUnion from $125.00 to $115.00 and set a “buy” rating for the company in a research report on Wednesday, January 15th. UBS Group raised 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. William Blair restated an “outperform” rating on shares of TransUnion in a report on Friday, February 14th. Finally, Needham & Company LLC reissued a “hold” rating on shares of TransUnion in a report on Friday, February 14th. Five research analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $111.64.

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.