Venturi Wealth Management LLC Has $161,000 Position in TransUnion (NYSE:TRU)

Venturi Wealth Management LLC lifted its holdings in shares of TransUnion (NYSE:TRU) by 617.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,737 shares of the business services provider’s stock after purchasing an additional 1,495 shares during the quarter. Venturi Wealth Management LLC’s holdings in TransUnion were worth $161,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Huntington National Bank raised its position in shares of TransUnion by 84.5% during the third quarter. Huntington National Bank now owns 286 shares of the business services provider’s stock worth $30,000 after purchasing an additional 131 shares during the period. Versant Capital Management Inc raised 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 last quarter. True Wealth Design LLC raised its position in TransUnion by 4,590.0% in the 3rd quarter. True Wealth Design LLC now owns 469 shares of the business services provider’s stock valued at $49,000 after buying an additional 459 shares during the last quarter. Retirement Wealth Solutions LLC acquired a new stake in TransUnion in the 4th quarter valued at approximately $44,000. Finally, Signaturefd LLC raised its position in TransUnion by 15.0% in the 3rd quarter. Signaturefd LLC now owns 788 shares of the business services provider’s stock valued at $83,000 after buying an additional 103 shares during the last quarter.

Analysts Set New Price Targets

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

TransUnion Stock Performance

Shares of NYSE TRU opened at $91.75 on Friday. 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 12 month low of $66.07 and a 12 month high of $113.17. The stock has a 50 day moving average of $94.86 and a 200-day moving average of $98.15. The company has a market capitalization of $17.90 billion, a P/E ratio of 62.84, a P/E/G ratio of 1.20 and a beta of 1.63.

TransUnion (NYSE:TRU) last issued its earnings results on Thursday, February 13th. The business services provider reported $0.83 EPS for the quarter, missing the consensus estimate of $0.97 by ($0.14). TransUnion had a return on equity of 15.85% and a net margin of 6.80%. The business had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $1.03 billion. As a group, equities research analysts predict that TransUnion will post 3.99 EPS for the current year.

TransUnion Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Thursday, February 27th will be paid a $0.115 dividend. The ex-dividend date is Thursday, February 27th. This is an increase from TransUnion’s previous quarterly dividend of $0.11. This represents a $0.46 annualized dividend and a yield of 0.50%. TransUnion’s payout ratio is 28.77%.

TransUnion announced that its board has initiated a stock buyback 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 board of directors believes its stock is undervalued.

Insider Activity at TransUnion

In related news, insider Todd C. Skinner sold 3,090 shares of the business’s stock in a transaction on Friday, November 29th. The stock was sold at an average price of $101.48, for a total value of $313,573.20. Following the completion of the sale, the insider now directly owns 24,333 shares in the company, valued at $2,469,312.84. The trade was a 11.27 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director George M. Awad sold 12,000 shares of the business’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of $100.00, for a total value of $1,200,000.00. Following the completion of the sale, the director now owns 27,026 shares of the company’s stock, valued at $2,702,600. This trade represents a 30.75 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 18,590 shares of company stock worth $1,854,218 in the last ninety days. 0.22% of the stock is owned by company insiders.

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.