GAMMA Investing LLC Boosts Stake in TransUnion (NYSE:TRU)

GAMMA Investing LLC boosted its stake in shares of TransUnion (NYSE:TRU) by 6,742.5% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 74,857 shares of the business services provider’s stock after acquiring an additional 73,763 shares during the quarter. GAMMA Investing LLC’s holdings in TransUnion were worth $6,212,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in TRU. Charles Schwab Investment Management Inc. grew its stake in shares of TransUnion by 3.4% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 700,518 shares of the business services provider’s stock valued at $64,945,000 after buying an additional 22,826 shares during the last quarter. Jones Financial Companies Lllp grew its stake in shares of TransUnion by 62.1% during the fourth quarter. Jones Financial Companies Lllp now owns 2,097 shares of the business services provider’s stock valued at $194,000 after buying an additional 803 shares during the last quarter. JPMorgan Chase & Co. grew its stake in shares of TransUnion by 39.5% during the fourth quarter. JPMorgan Chase & Co. now owns 315,530 shares of the business services provider’s stock valued at $29,253,000 after buying an additional 89,340 shares during the last quarter. Financiere des Professionnels Fonds d investissement inc. grew its stake in shares of TransUnion by 32.2% during the fourth quarter. Financiere des Professionnels Fonds d investissement inc. now owns 191,364 shares of the business services provider’s stock valued at $17,741,000 after buying an additional 46,612 shares during the last quarter. Finally, Smartleaf Asset Management LLC grew its stake in shares of TransUnion by 28.8% during the fourth quarter. Smartleaf Asset Management LLC now owns 733 shares of the business services provider’s stock valued at $68,000 after buying an additional 164 shares during the last quarter.

TransUnion Stock Up 1.4%

TransUnion stock opened at $87.37 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 stock has a market capitalization of $17.05 billion, a price-to-earnings ratio of 59.84, a PEG ratio of 1.18 and a beta of 1.64. TransUnion has a 1-year low of $66.38 and a 1-year high of $113.17. The business has a fifty day moving average price of $81.84 and a 200-day moving average price of $89.21.

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, topping analysts’ consensus estimates of $0.98 by $0.07. The firm had revenue of $1.10 billion during the quarter, compared to analysts’ expectations of $1.07 billion. TransUnion had a return on equity of 15.85% and a net margin of 6.80%. The business’s quarterly revenue was up 7.3% on a year-over-year basis. During the same quarter last year, the firm earned $0.92 EPS. Equities research analysts forecast that TransUnion will post 3.99 EPS for the current fiscal year.

TransUnion declared that its Board of Directors has authorized a stock buyback plan on Thursday, February 13th that allows the company to repurchase $500.00 million in shares. This repurchase authorization allows the business services provider to reacquire up to 2.6% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s leadership believes its shares are undervalued.

TransUnion Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 6th. Shareholders of record on Thursday, May 22nd were given a dividend of $0.115 per share. The ex-dividend date of this dividend was Thursday, May 22nd. This represents a $0.46 dividend on an annualized basis and a yield of 0.53%. TransUnion’s dividend payout ratio is currently 24.47%.

Insiders Place Their Bets

In other TransUnion news, insider Steven M. Chaouki sold 1,000 shares of TransUnion stock in a transaction dated Thursday, May 1st. The stock was sold at an average price of $82.96, for a total transaction of $82,960.00. Following the completion of 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 transaction was disclosed in a filing with the SEC, which is accessible through this link. In the last 90 days, insiders sold 3,000 shares of company stock valued at $251,180. 0.22% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several research firms have commented on TRU. Stifel Nicolaus reduced their price objective on TransUnion from $120.00 to $112.00 and set a “buy” rating on the stock in a report on Friday, April 25th. Wells Fargo & Company reduced their price objective on TransUnion from $130.00 to $117.00 and set an “overweight” rating on the stock in a report on Monday, April 14th. Needham & Company LLC restated a “hold” rating on shares of TransUnion in a report on Friday, February 14th. Bank of America began coverage on TransUnion in a report on Thursday, April 10th. They set an “underperform” rating and a $84.00 price objective on the stock. Finally, William Blair restated an “outperform” rating on shares of TransUnion in a report on Monday, March 24th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and nine have given a buy rating to the company’s stock. According to MarketBeat, TransUnion presently has an average rating of “Moderate Buy” and an average price target of $109.69.

TransUnion Company 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.