Corient Private Wealth LLC Sells 505 Shares of TransUnion (NYSE:TRU)

Corient Private Wealth LLC cut its position in TransUnion (NYSE:TRU) by 11.1% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 4,059 shares of the business services provider’s stock after selling 505 shares during the quarter. Corient Private Wealth LLC’s holdings in TransUnion were worth $376,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Envestnet Portfolio Solutions Inc. grew its stake in TransUnion by 35.8% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 14,317 shares of the business services provider’s stock valued at $1,327,000 after acquiring an additional 3,774 shares during the period. Natixis Advisors LLC increased its stake in TransUnion by 141.4% during the 4th quarter. Natixis Advisors LLC now owns 55,741 shares of the business services provider’s stock valued at $5,168,000 after purchasing an additional 32,646 shares in the last quarter. Zevin Asset Management LLC increased its stake in TransUnion by 11.4% during the 4th quarter. Zevin Asset Management LLC now owns 110,469 shares of the business services provider’s stock valued at $10,242,000 after purchasing an additional 11,286 shares in the last quarter. Aviso Financial Inc. raised its holdings in TransUnion by 2.7% during the fourth quarter. Aviso Financial Inc. now owns 9,307 shares of the business services provider’s stock worth $863,000 after buying an additional 243 shares during the last quarter. Finally, PGGM Investments bought a new position in shares of TransUnion in the fourth quarter valued at $338,000.

Analysts Set New Price Targets

TRU has been the subject of several recent research reports. UBS Group boosted their target price on shares of TransUnion from $102.00 to $104.00 and gave the stock a “neutral” rating in a research report on Monday, February 3rd. Oppenheimer lowered their price objective on TransUnion from $115.00 to $112.00 and set an “outperform” rating for the company in a research note on Tuesday, January 7th. Needham & Company LLC reaffirmed a “hold” rating on shares of TransUnion in a research report on Friday, February 14th. Wells Fargo & Company decreased their price target on TransUnion from $135.00 to $126.00 and set an “overweight” rating for the company in a report on Friday, January 10th. Finally, William Blair reiterated an “outperform” rating on shares of TransUnion in a research note on Monday, March 24th. Four analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $114.08.

TransUnion Stock Performance

NYSE:TRU opened at $82.27 on Monday. The company has a market capitalization of $16.05 billion, a P/E ratio of 56.35, a P/E/G ratio of 1.18 and a beta of 1.70. The business has a fifty day simple moving average of $91.72 and a two-hundred day simple moving average of $97.14. 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) last announced its quarterly earnings data on Thursday, February 13th. The business services provider reported $0.83 earnings per share 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 firm had revenue of $1.04 billion during the quarter, compared to analysts’ expectations of $1.03 billion. On average, analysts expect that TransUnion will post 3.99 earnings per share for the current year.

TransUnion Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Thursday, February 27th were paid a dividend of $0.115 per share. This is a boost from TransUnion’s previous quarterly dividend of $0.11. This represents a $0.46 dividend on an annualized basis and a dividend yield of 0.56%. The ex-dividend date of this dividend was Thursday, February 27th. TransUnion’s dividend payout ratio is presently 31.51%.

TransUnion declared that its Board of Directors has approved 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 repurchase up to 2.6% of its shares through open market purchases. Shares repurchase plans 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 business’s stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $95.95, for a total transaction of $95,950.00. Following the sale, the insider now directly owns 58,488 shares in the company, valued at approximately $5,611,923.60. The trade was a 1.68 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Venkat Achanta sold 1,821 shares of the firm’s stock in a transaction dated Wednesday, February 26th. The stock was 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 of the company’s stock, 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 ninety days, insiders sold 4,021 shares of company stock valued at $383,041. Company 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.