Aviso Financial Inc. Raises Stock Position in TransUnion (NYSE:TRU)

by · The Cerbat Gem

Aviso Financial Inc. boosted its position in shares of TransUnion (NYSE:TRU – Free Report) by 2.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,307 shares of the business services provider’s stock after purchasing an additional 243 shares during the period. Aviso Financial Inc.’s holdings in TransUnion were worth $863,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of TRU. Townsquare Capital LLC increased its position in shares of TransUnion by 1.0% in the 3rd quarter. Townsquare Capital LLC now owns 10,211 shares of the business services provider’s stock valued at $1,069,000 after purchasing an additional 100 shares during the last quarter. Huntington National Bank increased its position in shares of 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 purchasing an additional 131 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its position in shares of TransUnion by 1.0% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 13,597 shares of the business services provider’s stock valued at $1,261,000 after purchasing an additional 131 shares during the last quarter. GAMMA Investing LLC increased its position 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 last quarter. Finally, Yousif Capital Management LLC increased its position in shares of TransUnion by 4.0% in the 4th quarter. Yousif Capital Management LLC now owns 3,608 shares of the business services provider’s stock valued at $334,000 after purchasing an additional 139 shares during the last quarter.

TransUnion Stock Up 2.5 %

Shares of NYSE:TRU opened at $82.44 on Friday. The stock has a market cap of $16.08 billion, a P/E ratio of 56.47, a P/E/G ratio of 1.18 and a beta of 1.70. The firm has a fifty day moving average price of $93.11 and a 200 day moving average price of $97.96. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.70 and a quick ratio of 1.70. TransUnion has a 1-year low of $66.07 and a 1-year high of $113.17.

TransUnion (NYSE:TRU – Get Free Report) last issued 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 business had revenue of $1.04 billion for 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%. Sell-side analysts predict that TransUnion will post 3.99 EPS for the current year.

TransUnion Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Thursday, February 27th were paid a $0.115 dividend. This represents a $0.46 annualized dividend and a dividend yield of 0.56%. The ex-dividend date of this dividend was Thursday, February 27th. This is a boost from TransUnion’s previous quarterly dividend of $0.11. TransUnion’s dividend payout ratio (DPR) is 31.51%.

TransUnion declared that its Board of Directors has initiated a share 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 generally a sign that the company’s leadership believes its stock is undervalued.

Analysts Set New Price Targets

TRU has been the topic of a number of recent analyst reports. Jefferies Financial Group dropped 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. William Blair reissued an “outperform” rating on shares of TransUnion in a research report on Friday, February 14th. Oppenheimer dropped their target price on shares of TransUnion from $115.00 to $112.00 and set an “outperform” rating on the stock in a research report on Tuesday, January 7th. UBS Group increased their target price 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. Finally, Wells Fargo & Company dropped their target price on shares of TransUnion from $135.00 to $126.00 and set an “overweight” rating on the stock in a research report on Friday, January 10th. Five research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $111.64.

Read Our Latest Analysis on TransUnion

Insider Transactions at TransUnion

In other news, insider Steven M. Chaouki sold 1,000 shares of the firm’s stock in a transaction on Thursday, January 2nd. The shares were 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 owns 59,488 shares in the company, valued at approximately $5,568,076.80. This trade represents a 1.65 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Venkat Achanta sold 1,821 shares of the stock in a transaction dated Wednesday, February 26th. The shares were sold at an average price of $95.74, for a total transaction 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. This represents a 1.70 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 4,021 shares of company stock worth $383,041. Company insiders own 0.22% of the company’s stock.

TransUnion Company Profile

(Free Report)

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.

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