Nisa Investment Advisors LLC Grows Holdings in TransUnion (NYSE:TRU)

Nisa Investment Advisors LLC increased its position in shares of TransUnion (NYSE:TRU) by 11.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 7,095 shares of the business services provider’s stock after purchasing an additional 715 shares during the quarter. Nisa Investment Advisors LLC’s holdings in TransUnion were worth $487,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. DekaBank Deutsche Girozentrale boosted its holdings in TransUnion by 31.1% during the fourth quarter. DekaBank Deutsche Girozentrale now owns 64,069 shares of the business services provider’s stock worth $4,424,000 after purchasing an additional 15,196 shares during the last quarter. International Assets Investment Management LLC raised its position in TransUnion by 6,770.8% in the fourth quarter. International Assets Investment Management LLC now owns 3,298 shares of the business services provider’s stock worth $227,000 after acquiring an additional 3,250 shares during the period. Asset Management One Co. Ltd. raised its position in TransUnion by 3.4% in the fourth quarter. Asset Management One Co. Ltd. now owns 77,056 shares of the business services provider’s stock worth $5,335,000 after acquiring an additional 2,535 shares during the period. Arizona State Retirement System raised its position in TransUnion by 0.8% in the fourth quarter. Arizona State Retirement System now owns 53,126 shares of the business services provider’s stock worth $3,650,000 after acquiring an additional 417 shares during the period. Finally, Integrated Investment Consultants LLC raised its position in TransUnion by 67.4% in the fourth quarter. Integrated Investment Consultants LLC now owns 8,911 shares of the business services provider’s stock worth $612,000 after acquiring an additional 3,588 shares during the period.

Insiders Place Their Bets

In other TransUnion news, insider Steven M. Chaouki sold 1,775 shares of the business’s stock in a transaction that occurred on Monday, April 1st. The shares were sold at an average price of $81.30, for a total value of $144,307.50. Following the completion of the transaction, the insider now owns 75,099 shares of the company’s stock, valued at approximately $6,105,548.70. The transaction was disclosed in a filing with the SEC, which is available through this link. In other news, insider Steven M. Chaouki sold 1,775 shares of the company’s stock in a transaction on Monday, April 1st. The shares were sold at an average price of $81.30, for a total value of $144,307.50. Following the completion of the sale, the insider now owns 75,099 shares of the company’s stock, valued at approximately $6,105,548.70. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Timothy J. Martin sold 12,000 shares of the company’s stock in a transaction on Tuesday, March 5th. The shares were 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 of the company’s stock, valued at approximately $4,284,883.98. The disclosure for this sale can be found here. Insiders sold a total of 15,275 shares of company stock valued at $1,204,538 in the last quarter. Corporate insiders own 0.22% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have commented on TRU. Wells Fargo & Company lifted their price objective on shares of TransUnion from $80.00 to $85.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 14th. The Goldman Sachs Group boosted their price target on shares of TransUnion from $63.00 to $72.00 and gave the company a “neutral” rating in a research report on Friday, December 29th. Robert W. Baird boosted their price target on shares of TransUnion from $80.00 to $87.00 and gave the company an “outperform” rating in a research report on Wednesday, February 14th. Evercore ISI boosted their price target on shares of TransUnion from $70.00 to $80.00 and gave the company an “in-line” rating in a research report on Tuesday, March 26th. Finally, Royal Bank of Canada reissued an “outperform” rating and issued a $85.00 price target on shares of TransUnion in a research report on Wednesday, February 14th. Six analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. Based on data from MarketBeat.com, TransUnion has an average rating of “Moderate Buy” and a consensus target price of $81.47.

TransUnion Stock Performance

TransUnion stock opened at $69.61 on Thursday. The firm’s 50 day simple moving average is $76.79 and its 200 day simple moving average is $67.91. 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 has a 1-year low of $42.09 and a 1-year high of $82.75.

TransUnion (NYSE:TRU) last released its quarterly earnings results on Tuesday, February 13th. The business services provider reported $0.80 EPS for the quarter, topping analysts’ consensus estimates 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 business had revenue of $954.00 million during the quarter, compared to analysts’ expectations of $927.04 million. During the same quarter in the previous year, the company earned $0.70 EPS. The business’s quarterly revenue was up 5.8% compared to the same quarter last year. Analysts expect that TransUnion will post 3.31 earnings per share for the current fiscal year.

TransUnion Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 22nd. Shareholders of record on Thursday, March 7th were paid a $0.105 dividend. The ex-dividend date of this dividend was Wednesday, March 6th. This represents a $0.42 dividend on an annualized basis and a yield of 0.60%. TransUnion’s dividend payout ratio is presently -28.19%.

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.