Integrated Wealth Concepts LLC Grows Holdings in TransUnion (NYSE:TRU)

Integrated Wealth Concepts LLC grew its stake in shares of TransUnion (NYSE:TRU) by 9.0% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,390 shares of the business services provider’s stock after buying an additional 197 shares during the quarter. Integrated Wealth Concepts LLC’s holdings in TransUnion were worth $222,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Massachusetts Financial Services Co. MA lifted its stake in TransUnion by 1.9% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 19,540,131 shares of the business services provider’s stock worth $1,811,566,000 after purchasing an additional 359,569 shares during the last quarter. Vanguard Group Inc. lifted its position in TransUnion by 1.4% in the 4th quarter. Vanguard Group Inc. now owns 18,066,657 shares of the business services provider’s stock worth $1,674,960,000 after buying an additional 241,019 shares during the last quarter. Wellington Management Group LLP boosted its stake in TransUnion by 52.5% in the fourth quarter. Wellington Management Group LLP now owns 6,749,849 shares of the business services provider’s stock worth $625,779,000 after buying an additional 2,323,339 shares in the last quarter. Van ECK Associates Corp grew its position in TransUnion by 7.4% during the fourth quarter. Van ECK Associates Corp now owns 5,139,607 shares of the business services provider’s stock valued at $476,493,000 after acquiring an additional 356,306 shares during the last quarter. Finally, FMR LLC raised its stake in shares of TransUnion by 11.1% during the fourth quarter. FMR LLC now owns 5,044,865 shares of the business services provider’s stock worth $467,709,000 after acquiring an additional 503,969 shares in the last quarter.

Analyst Ratings Changes

TRU has been the topic of several recent research reports. Bank of America assumed coverage on shares of TransUnion in a report on Thursday, April 10th. They set an “underperform” rating and a $84.00 target price on the stock. Barclays reduced their price target on TransUnion from $105.00 to $85.00 and set an “equal weight” rating on the stock in a research report on Friday, April 4th. Needham & Company LLC reissued a “hold” rating on shares of TransUnion in a research note on Friday, February 14th. Morgan Stanley decreased their target price on shares of TransUnion from $130.00 to $127.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 28th. Finally, Jefferies Financial Group dropped their price target on shares of TransUnion from $125.00 to $115.00 and set a “buy” rating for the company in a research report on Wednesday, January 15th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and nine have given a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $109.38.

Insider Buying and Selling at TransUnion

In other news, EVP Venkat Achanta sold 1,821 shares of TransUnion stock in a transaction that occurred on 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 sale, the executive vice president now directly owns 105,443 shares in the company, valued at $10,095,112.82. The trade was a 1.70 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Steven M. Chaouki sold 1,000 shares of the stock in a transaction that occurred on Thursday, May 1st. The shares were sold at an average price of $82.96, for a total transaction of $82,960.00. Following the transaction, the insider now owns 76,393 shares in the company, valued at approximately $6,337,563.28. This trade represents a 1.29 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 4,021 shares of company stock worth $359,761. Insiders own 0.22% of the company’s stock.

TransUnion Price Performance

Shares of TRU opened at $84.74 on Tuesday. The firm’s 50-day simple moving average is $81.21 and its two-hundred day simple moving average is $91.90. TransUnion has a fifty-two week low of $66.38 and a fifty-two week high of $113.17. The stock has a market cap of $16.53 billion, a PE ratio of 58.04, a price-to-earnings-growth 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 posted its quarterly earnings data on Thursday, April 24th. The business services provider reported $1.05 earnings per share for the quarter, beating analysts’ consensus estimates of $0.98 by $0.07. TransUnion had a return on equity of 15.85% and a net margin of 6.80%. The company had revenue of $1.10 billion during the quarter, compared to analyst estimates of $1.07 billion. During the same quarter last year, the company earned $0.92 EPS. The firm’s revenue for the quarter was up 7.3% on a year-over-year basis. Analysts anticipate that TransUnion will post 3.99 earnings per share for the current fiscal 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 is a boost 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 dividend on an annualized basis and a dividend yield of 0.54%. TransUnion’s dividend payout ratio is presently 24.47%.

TransUnion declared that its Board of Directors has initiated a stock repurchase program on Thursday, February 13th that permits the company to repurchase $500.00 million in outstanding shares. This repurchase authorization permits the business services provider to repurchase up to 2.6% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company’s board believes its stock is undervalued.

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.