Avior Wealth Management LLC Cuts Stake in TransUnion (NYSE:TRU)

Avior Wealth Management LLC lowered its position in shares of TransUnion (NYSE:TRU) by 38.3% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 4,153 shares of the business services provider’s stock after selling 2,577 shares during the quarter. Avior Wealth Management LLC’s holdings in TransUnion were worth $285,000 as of its most recent filing with the SEC.

Other large investors also recently bought and sold shares of the company. Nisa Investment Advisors LLC raised its position in TransUnion by 11.2% during the 4th quarter. Nisa Investment Advisors LLC now owns 7,095 shares of the business services provider’s stock worth $487,000 after buying an additional 715 shares during the last quarter. Lecap Asset Management Ltd. purchased a new position in shares of TransUnion in the 4th quarter valued at about $1,006,000. Heron Bay Capital Management increased its holdings in shares of TransUnion by 37.3% in the 4th quarter. Heron Bay Capital Management now owns 172,458 shares of the business services provider’s stock valued at $11,850,000 after purchasing an additional 46,826 shares in the last quarter. SG Americas Securities LLC increased its holdings in shares of TransUnion by 204.6% in the 4th quarter. SG Americas Securities LLC now owns 45,126 shares of the business services provider’s stock valued at $3,101,000 after purchasing an additional 30,312 shares in the last quarter. Finally, DAVENPORT & Co LLC increased its holdings in shares of TransUnion by 607.6% in the 4th quarter. DAVENPORT & Co LLC now owns 20,917 shares of the business services provider’s stock valued at $1,446,000 after purchasing an additional 17,961 shares in the last quarter.

Insiders Place Their Bets

In related news, EVP Timothy J. Martin sold 12,000 shares of the firm’s stock in a transaction that occurred on Tuesday, March 5th. The shares were sold at an average price of $78.59, for a total value of $943,080.00. Following the sale, the executive vice president now directly owns 54,522 shares of the company’s stock, valued at $4,284,883.98. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In related news, EVP Richard Dane Mauldin sold 1,500 shares of the firm’s stock in a transaction that occurred on Thursday, March 14th. The shares were sold at an average price of $78.10, for a total value of $117,150.00. Following the sale, the executive vice president now directly owns 22,033 shares of the company’s stock, valued at $1,720,777.30. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Timothy J. Martin sold 12,000 shares of the firm’s stock in a transaction that occurred on Tuesday, March 5th. The stock was sold at an average price of $78.59, for a total transaction of $943,080.00. Following the completion of the sale, the executive vice president now directly owns 54,522 shares in the company, valued at $4,284,883.98. The disclosure for this sale can be found here. Insiders have sold 15,275 shares of company stock valued at $1,204,538 in the last ninety days. Insiders own 0.22% of the company’s stock.

TransUnion Stock Down 0.4 %

TransUnion stock opened at $66.71 on Friday. TransUnion has a 12-month low of $42.09 and a 12-month high of $82.75. The firm’s 50-day moving average is $76.70 and its two-hundred day moving average is $67.88. The company has a quick ratio of 1.47, a current ratio of 1.47 and a debt-to-equity ratio of 1.28.

TransUnion (NYSE:TRU) last released its quarterly earnings results on Tuesday, February 13th. The business services provider reported $0.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.72 by $0.08. TransUnion had a negative net margin of 7.50% and a positive return on equity of 13.58%. The company had revenue of $954.00 million for the quarter, compared to analysts’ expectations of $927.04 million. During the same period last year, the company earned $0.70 EPS. The firm’s revenue for the quarter was up 5.8% compared to the same quarter last year. On average, equities analysts anticipate that TransUnion will post 3.31 EPS for the current fiscal year.

TransUnion Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 22nd. Shareholders of record on Thursday, March 7th were paid a dividend of $0.105 per share. The ex-dividend date of this dividend was Wednesday, March 6th. This represents a $0.42 annualized dividend and a dividend yield of 0.63%. TransUnion’s dividend payout ratio is currently -28.19%.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on TRU. Royal Bank of Canada reiterated an “outperform” rating and issued a $85.00 price target on shares of TransUnion in a report on Wednesday, February 14th. Oppenheimer increased their price target on shares of TransUnion from $81.00 to $90.00 and gave the company an “outperform” rating in a report on Tuesday, April 9th. Jefferies Financial Group increased their price target on shares of TransUnion from $75.00 to $85.00 and gave the company a “buy” rating in a report on Wednesday, January 17th. Wells Fargo & Company increased their price objective on shares of TransUnion from $80.00 to $85.00 and gave the company an “overweight” rating in a research note on Wednesday, February 14th. Finally, Bank of America raised shares of TransUnion from an “underperform” rating to a “neutral” rating and increased their price objective for the company from $65.00 to $90.00 in a research note on Monday, April 1st. Six 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, TransUnion has a consensus rating of “Moderate Buy” and an average target price of $81.47.

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.