TransUnion (NYSE:TRU) Shares Sold by Deutsche Bank AG

Deutsche Bank AG decreased its stake in shares of TransUnion (NYSE:TRU) by 8.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 627,126 shares of the business services provider’s stock after selling 59,719 shares during the period. Deutsche Bank AG’s holdings in TransUnion were worth $58,141,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Aster Capital Management DIFC Ltd bought a new position in shares of TransUnion in the fourth quarter valued at approximately $40,000. Huntington National Bank lifted its position in TransUnion by 58.7% in the fourth 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 period. Kapitalo Investimentos Ltda bought a new position in TransUnion during the 4th quarter valued at $47,000. Retirement Wealth Solutions LLC bought a new position in TransUnion during the 4th quarter valued at $44,000. Finally, Mizuho Bank Ltd. acquired a new position in shares of TransUnion during the 4th quarter valued at $47,000.

TransUnion Stock Up 6.6%

TRU stock opened at $91.81 on Tuesday. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.70 and a quick ratio of 1.70. The firm has a market capitalization of $17.91 billion, a P/E ratio of 62.88, a P/E/G ratio of 1.18 and a beta of 1.67. TransUnion has a 52-week low of $66.38 and a 52-week high of $113.17. The company’s 50 day simple moving average is $80.85 and its 200-day simple moving average is $91.21.

TransUnion (NYSE:TRU) last announced its earnings results on Thursday, April 24th. The business services provider reported $1.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.98 by $0.07. The company had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.07 billion. TransUnion had a net margin of 6.80% and a return on equity of 15.85%. The company’s revenue was up 7.3% on a year-over-year basis. During the same period in the previous year, the business earned $0.92 EPS. As a group, equities research analysts anticipate that TransUnion will post 3.99 EPS for the current year.

TransUnion declared that its Board of Directors has approved a share repurchase plan 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 reacquire up to 2.6% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s board of directors believes its stock is undervalued.

TransUnion Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 6th. Investors of record on Thursday, May 22nd will be given a dividend of $0.115 per share. This represents a $0.46 annualized dividend and a yield of 0.50%. The ex-dividend date is Thursday, May 22nd. TransUnion’s payout ratio is 24.47%.

Insider Buying and Selling

In other TransUnion news, insider Steven M. Chaouki sold 1,000 shares of the stock in a transaction that occurred on Tuesday, April 1st. The shares were sold at an average price of $83.31, for a total value of $83,310.00. Following the completion of the sale, the insider now owns 77,393 shares in the company, valued at $6,447,610.83. This represents a 1.28% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Venkat Achanta sold 1,821 shares of TransUnion stock in a transaction 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 trade 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 $359,761. Corporate insiders own 0.22% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on TRU. Stifel Nicolaus cut their price objective on TransUnion from $120.00 to $112.00 and set a “buy” rating for the company in a report on Friday, April 25th. Morgan Stanley cut their price target on shares of TransUnion from $130.00 to $127.00 and set an “overweight” rating for the company in a report on Tuesday, January 28th. Needham & Company LLC reaffirmed a “hold” rating on shares of TransUnion in a research note on Friday, February 14th. Bank of America assumed coverage on shares of TransUnion in a report on Thursday, April 10th. They issued an “underperform” rating and a $84.00 target price on the stock. Finally, Oppenheimer increased their target price on shares of TransUnion from $93.00 to $96.00 and gave the company an “outperform” rating in a research note on Friday, April 25th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and nine have given a buy rating to the stock. According to MarketBeat.com, TransUnion currently has a consensus rating of “Moderate Buy” and an average target price of $109.38.

TransUnion 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.