Captrust Financial Advisors Sells 710 Shares of TransUnion (NYSE:TRU)

Captrust Financial Advisors cut its holdings in TransUnion (NYSE:TRU) by 8.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 7,806 shares of the business services provider’s stock after selling 710 shares during the period. Captrust Financial Advisors’ holdings in TransUnion were worth $724,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in TRU. Aster Capital Management DIFC Ltd purchased a new position in shares of TransUnion during the 4th quarter worth about $40,000. Huntington National Bank boosted its stake in shares of TransUnion by 58.7% during the 4th 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 purchased a new position in shares of TransUnion during the 4th quarter worth about $47,000. Retirement Wealth Solutions LLC purchased a new position in shares of TransUnion during the 4th quarter worth about $44,000. Finally, Mizuho Bank Ltd. purchased a new position in shares of TransUnion during the 4th quarter worth about $47,000.

TransUnion Trading Up 0.8%

NYSE:TRU opened at $91.96 on Friday. TransUnion has a one year low of $66.38 and a one year high of $113.17. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.70 and a current ratio of 1.70. The firm has a market cap of $17.94 billion, a P/E ratio of 62.99, a P/E/G ratio of 1.18 and a beta of 1.67. The firm has a 50-day simple moving average of $81.42 and a 200-day simple moving average of $90.97.

TransUnion (NYSE:TRU) last posted its quarterly earnings results on Thursday, April 24th. The business services provider reported $1.05 EPS for the quarter, beating the consensus estimate of $0.98 by $0.07. TransUnion had a net margin of 6.80% and a return on equity of 15.85%. The business had revenue of $1.10 billion during the quarter, compared to analyst estimates of $1.07 billion. During the same quarter in the previous year, the business posted $0.92 EPS. The company’s quarterly revenue was up 7.3% compared to the same quarter last year. Equities analysts anticipate that TransUnion will post 3.99 EPS for the current fiscal year.

TransUnion Dividend Announcement

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

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

Analysts Set New Price Targets

A number of research firms recently commented on TRU. Oppenheimer lifted their price target on shares of TransUnion from $93.00 to $96.00 and gave the stock an “outperform” rating in a research note on Friday, April 25th. Bank of America began coverage on shares of TransUnion in a research note on Thursday, April 10th. They set an “underperform” rating and a $84.00 price target for the company. Barclays dropped their price target on shares of TransUnion from $105.00 to $85.00 and set an “equal weight” rating for the company in a research note on Friday, April 4th. Needham & Company LLC reissued a “hold” rating on shares of TransUnion in a research report on Friday, February 14th. Finally, Morgan Stanley lowered their price objective on shares of TransUnion from $130.00 to $127.00 and set an “overweight” rating for the company in a research report on Tuesday, January 28th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $109.38.

Insider Activity

In other news, EVP Venkat Achanta sold 1,821 shares of the business’s stock in a transaction dated 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 owns 105,443 shares in the company, valued at approximately $10,095,112.82. The trade was a 1.70% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Steven M. Chaouki sold 1,000 shares of the business’s stock in a transaction dated Tuesday, April 1st. The shares were sold at an average price of $83.31, for a total transaction of $83,310.00. Following the completion of the sale, the insider now owns 77,393 shares of the company’s stock, valued at approximately $6,447,610.83. This represents a 1.28% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 4,021 shares of company stock worth $359,761. 0.22% of the stock is currently owned by corporate insiders.

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.