Capital International Investors Has $363.47 Million Stake in TransUnion (NYSE:TRU)

Capital International Investors cut its position in shares of TransUnion (NYSE:TRU) by 27.2% in the fourth quarter, Holdings Channel reports. The institutional investor owned 3,920,477 shares of the business services provider’s stock after selling 1,464,450 shares during the period. Capital International Investors’ holdings in TransUnion were worth $363,467,000 as of its most recent SEC filing.

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

Wall Street Analyst Weigh In

TRU has been the subject of several analyst reports. Wells Fargo & Company decreased their target price on shares of TransUnion from $130.00 to $117.00 and set an “overweight” rating for the company in a research note on Monday, April 14th. UBS Group lifted their price objective 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. William Blair reaffirmed an “outperform” rating on shares of TransUnion in a report on Monday, March 24th. Bank of America began coverage on TransUnion in a report on Thursday, April 10th. They set an “underperform” rating and a $84.00 price target for the company. Finally, Needham & Company LLC restated a “hold” rating on shares of TransUnion in a research note on Friday, February 14th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and nine have issued a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $111.23.

TransUnion Price Performance

NYSE:TRU opened at $72.88 on Friday. The firm’s 50-day simple moving average is $85.00 and its 200 day simple moving average is $94.25. TransUnion has a 52 week low of $66.15 and a 52 week high of $113.17. The firm has a market cap of $14.22 billion, a price-to-earnings ratio of 49.92, a P/E/G ratio of 1.18 and a beta of 1.67. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.70 and a current ratio of 1.70.

TransUnion (NYSE:TRU) last released its 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). TransUnion had a net margin of 6.80% and a return on equity of 15.85%. The company had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $1.03 billion. As a group, sell-side analysts predict that TransUnion will post 3.99 earnings per share for the current year.

TransUnion Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Thursday, February 27th were issued a dividend of $0.115 per share. This represents a $0.46 dividend on an annualized basis and a dividend yield of 0.63%. The ex-dividend date was Thursday, February 27th. This is an increase from TransUnion’s previous quarterly dividend of $0.11. TransUnion’s dividend payout ratio is 31.51%.

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

Insider Buying and Selling

In related news, insider Steven M. Chaouki sold 1,000 shares of the company’s stock in a transaction 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 sale, the insider now directly owns 77,393 shares in the company, valued at $6,447,610.83. This represents a 1.28 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Venkat Achanta sold 1,821 shares of TransUnion stock in a transaction dated Wednesday, February 26th. The shares were sold at an average price of $95.74, for a total value of $174,342.54. Following the completion of the transaction, the executive vice president now owns 105,443 shares in the company, valued at approximately $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 90 days, insiders have sold 4,021 shares of company stock worth $372,751. Corporate insiders own 0.22% of the company’s stock.

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.