Ossiam Sells 356 Shares of TransUnion (NYSE:TRU)

by · The Cerbat Gem

Ossiam lessened its position in TransUnion (NYSE:TRU – Free Report) by 5.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,637 shares of the business services provider’s stock after selling 356 shares during the quarter. Ossiam’s holdings in TransUnion were worth $523,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Versant Capital Management Inc grew its stake in shares of TransUnion by 82.1% in the fourth quarter. Versant Capital Management Inc now owns 428 shares of the business services provider’s stock worth $40,000 after acquiring an additional 193 shares during the last quarter. Aster Capital Management DIFC Ltd bought a new stake in TransUnion in the 4th quarter valued at $40,000. Huntington National Bank grew its position in TransUnion by 58.7% in the 4th quarter. Huntington National Bank now owns 454 shares of the business services provider’s stock worth $42,000 after purchasing an additional 168 shares during the last quarter. Retirement Wealth Solutions LLC bought a new position in shares of TransUnion during the 4th quarter worth about $44,000. Finally, Mizuho Bank Ltd. acquired a new position in shares of TransUnion during the fourth quarter valued at about $47,000.

Analyst Ratings Changes

A number of research firms recently weighed in on TRU. Oppenheimer decreased their target price on TransUnion from $115.00 to $112.00 and set an “outperform” rating on the stock in a research report on Tuesday, January 7th. Jefferies Financial Group lowered their price objective on TransUnion from $125.00 to $115.00 and set a “buy” rating on the stock in a research report on Wednesday, January 15th. Bank of America started coverage on TransUnion in a research report on Thursday, April 10th. They issued an “underperform” rating and a $84.00 target price for the company. Needham & Company LLC reiterated a “hold” rating on shares of TransUnion in a research note on Friday, February 14th. Finally, UBS Group increased 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. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and nine have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $111.23.

Read Our Latest Stock Analysis on TRU

TransUnion Stock Performance

NYSE TRU opened at $75.51 on Wednesday. TransUnion has a 1-year low of $66.38 and a 1-year high of $113.17. The company has a 50 day moving average of $83.62 and a 200-day moving average of $93.50. The company has a current ratio of 1.70, a quick ratio of 1.70 and a debt-to-equity ratio of 1.18. The firm has a market cap of $14.74 billion, a price-to-earnings ratio of 51.72, a PEG ratio of 1.18 and a beta of 1.67.

TransUnion (NYSE:TRU – Get Free Report) last released 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 net margin of 6.80% and a return on equity of 15.85%. On average, equities analysts forecast that TransUnion will post 3.99 earnings per share for the current fiscal 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. This is an increase from TransUnion’s previous quarterly dividend of $0.11. The ex-dividend date of this dividend was Thursday, February 27th. This represents a $0.46 annualized dividend and a yield of 0.61%. TransUnion’s dividend payout ratio is 31.51%.

TransUnion declared that its board has initiated a share repurchase plan on Thursday, February 13th that allows the company to buyback $500.00 million in outstanding shares. This buyback authorization allows the business services provider to repurchase up to 2.6% of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s management believes its stock is undervalued.

Insider Buying and Selling at TransUnion

In other news, EVP Venkat Achanta sold 1,821 shares of the stock in a transaction that occurred on Wednesday, February 26th. The shares were sold at an average price of $95.74, for a total transaction of $174,342.54. Following the sale, the executive vice president now directly owns 105,443 shares of the company’s stock, valued at $10,095,112.82. This represents a 1.70 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Steven M. Chaouki sold 1,000 shares of the business’s stock in a transaction that occurred on Tuesday, April 1st. The stock was sold at an average price of $83.31, for a total transaction of $83,310.00. Following the completion of the transaction, the insider now owns 77,393 shares of the company’s stock, valued at $6,447,610.83. This trade represents a 1.28 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 4,021 shares of company stock worth $372,751. 0.25% of the stock is currently owned by corporate insiders.

About TransUnion

(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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