TransUnion (NYSE:TRU) Holdings Boosted by XTX Topco Ltd

XTX Topco Ltd grew its holdings in TransUnion (NYSE:TRU) by 42.9% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 18,995 shares of the business services provider’s stock after purchasing an additional 5,702 shares during the period. XTX Topco Ltd’s holdings in TransUnion were worth $1,409,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Elo Mutual Pension Insurance Co increased its holdings in shares of TransUnion by 0.7% in the 2nd quarter. Elo Mutual Pension Insurance Co now owns 17,822 shares of the business services provider’s stock valued at $1,322,000 after purchasing an additional 123 shares during the period. Cornerstone Investment Partners LLC increased its stake in TransUnion by 1.4% in the 1st quarter. Cornerstone Investment Partners LLC now owns 9,586 shares of the business services provider’s stock valued at $765,000 after buying an additional 135 shares during the period. GAMMA Investing LLC lifted its position in TransUnion by 32.9% in the 1st quarter. GAMMA Investing LLC now owns 573 shares of the business services provider’s stock worth $46,000 after buying an additional 142 shares in the last quarter. V Square Quantitative Management LLC boosted its stake in shares of TransUnion by 6.4% during the 2nd quarter. V Square Quantitative Management LLC now owns 2,762 shares of the business services provider’s stock valued at $205,000 after buying an additional 165 shares during the period. Finally, National Bank of Canada FI grew its holdings in shares of TransUnion by 22.3% during the 2nd quarter. National Bank of Canada FI now owns 910 shares of the business services provider’s stock valued at $66,000 after acquiring an additional 166 shares in the last quarter.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the company. Robert W. Baird lifted their price objective on TransUnion from $94.00 to $104.00 and gave the company an “outperform” rating in a research report on Friday, July 26th. Royal Bank of Canada boosted their price target on TransUnion from $85.00 to $106.00 and gave the company an “outperform” rating in a research note on Friday, July 26th. Morgan Stanley increased their price objective on TransUnion from $96.00 to $103.00 and gave the stock an “overweight” rating in a report on Thursday, September 12th. Wells Fargo & Company upgraded shares of TransUnion to a “strong-buy” rating in a research note on Tuesday, August 13th. Finally, Oppenheimer increased their price target on shares of TransUnion from $90.00 to $97.00 and gave the stock an “outperform” rating in a research note on Friday, July 26th. Seven research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, TransUnion presently has a consensus rating of “Moderate Buy” and an average target price of $92.00.

Insider Activity

In other news, insider Steven M. Chaouki sold 1,000 shares of TransUnion stock in a transaction that occurred on Monday, July 1st. The shares were sold at an average price of $74.27, for a total value of $74,270.00. Following the completion of the transaction, the insider now owns 70,547 shares in the company, valued at $5,239,525.69. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other TransUnion news, insider Steven M. Chaouki sold 1,000 shares of the business’s stock in a transaction dated Monday, July 1st. The shares were sold at an average price of $74.27, for a total value of $74,270.00. Following the completion of the transaction, the insider now directly owns 70,547 shares of the company’s stock, valued at $5,239,525.69. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO Todd M. Cello sold 12,865 shares of the company’s stock in a transaction on Friday, July 12th. The stock was sold at an average price of $80.00, for a total value of $1,029,200.00. Following the transaction, the chief financial officer now directly owns 101,426 shares in the company, valued at approximately $8,114,080. The disclosure for this sale can be found here. In the last quarter, insiders have sold 25,080 shares of company stock worth $2,141,724. Corporate insiders own 0.22% of the company’s stock.

TransUnion Trading Down 0.3 %

Shares of TransUnion stock opened at $105.20 on Friday. The company’s fifty day moving average price is $91.04 and its two-hundred day moving average price is $80.98. The firm has a market capitalization of $20.44 billion, a PE ratio of -73.57, a price-to-earnings-growth ratio of 1.35 and a beta of 1.62. TransUnion has a 52-week low of $42.09 and a 52-week high of $106.49. The company has a debt-to-equity ratio of 1.22, a current ratio of 1.66 and a quick ratio of 1.66.

TransUnion (NYSE:TRU) last released its quarterly earnings data on Thursday, July 25th. The business services provider reported $0.99 earnings per share for the quarter, beating analysts’ consensus estimates of $0.86 by $0.13. TransUnion had a positive return on equity of 15.03% and a negative net margin of 6.11%. The company had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $1.02 billion. During the same period in the previous year, the business earned $0.76 earnings per share. The company’s quarterly revenue was up 7.5% on a year-over-year basis. On average, analysts expect that TransUnion will post 3.44 EPS for the current year.

TransUnion Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 9th. Shareholders of record on Friday, August 23rd were paid a dividend of $0.105 per share. The ex-dividend date was Friday, August 23rd. This represents a $0.42 annualized dividend and a yield of 0.40%. TransUnion’s dividend payout ratio is currently -29.37%.

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.