Untitled Investments LP Invests $39.16 Million in TransUnion (NYSE:TRU)

Untitled Investments LP bought a new position in shares of TransUnion (NYSE:TRU) in the first quarter, Holdings Channel reports. The firm bought 490,695 shares of the business services provider’s stock, valued at approximately $39,157,000. TransUnion accounts for 7.4% of Untitled Investments LP’s portfolio, making the stock its 5th largest position.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. GAMMA Investing LLC bought a new stake in shares of TransUnion during the fourth quarter worth $30,000. Larson Financial Group LLC grew its stake in TransUnion by 237.5% in the first quarter. Larson Financial Group LLC now owns 486 shares of the business services provider’s stock valued at $39,000 after acquiring an additional 342 shares during the period. Westpac Banking Corp increased its position in shares of TransUnion by 100.0% during the fourth quarter. Westpac Banking Corp now owns 908 shares of the business services provider’s stock worth $62,000 after acquiring an additional 454 shares in the last quarter. Assetmark Inc. raised its stake in shares of TransUnion by 48.6% in the 4th quarter. Assetmark Inc. now owns 1,030 shares of the business services provider’s stock valued at $71,000 after purchasing an additional 337 shares during the period. Finally, Headlands Technologies LLC lifted its position in shares of TransUnion by 206.7% in the fourth quarter. Headlands Technologies LLC now owns 1,141 shares of the business services provider’s stock worth $78,000 after purchasing an additional 769 shares in the last quarter.

Insider Buying and Selling at TransUnion

In related news, EVP Heather J. Russell sold 7,000 shares of TransUnion stock in a transaction that occurred on Friday, June 14th. The shares were sold at an average price of $73.10, for a total value of $511,700.00. Following the completion of the transaction, the executive vice president now owns 32,744 shares in the company, valued at $2,393,586.40. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other TransUnion news, EVP Heather J. Russell sold 7,000 shares of the stock in a transaction that occurred on Friday, June 14th. The shares were sold at an average price of $73.10, for a total value of $511,700.00. Following the transaction, the executive vice president now directly owns 32,744 shares in the company, valued at $2,393,586.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Todd M. Cello sold 12,865 shares of TransUnion stock in a transaction that occurred 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. Insiders sold a total of 29,761 shares of company stock worth $2,266,576 over the last three months. Insiders own 0.22% of the company’s stock.

Wall Street Analysts Forecast Growth

TRU has been the topic of a number of recent analyst reports. Robert W. Baird boosted their target price on TransUnion from $94.00 to $104.00 and gave the stock an “outperform” rating in a report on Friday, July 26th. Royal Bank of Canada increased 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. Stifel Nicolaus boosted their price target on TransUnion from $83.00 to $92.00 and gave the company a “buy” rating in a research note on Friday, April 26th. Needham & Company LLC increased their target price on TransUnion from $89.00 to $92.00 and gave the stock a “buy” rating in a report on Friday, July 26th. Finally, Morgan Stanley upped their target price on shares of TransUnion from $87.00 to $90.00 and gave the stock an “overweight” rating in a research note on Friday, April 26th. Six equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $86.80.

TransUnion Price Performance

Shares of TransUnion stock traded down $2.61 on Thursday, reaching $87.65. The company’s stock had a trading volume of 1,731,177 shares, compared to its average volume of 1,621,391. The company has a market capitalization of $17.03 billion, a P/E ratio of -60.45, a PEG ratio of 1.33 and a beta of 1.61. The stock has a 50-day moving average price of $76.32 and a 200-day moving average price of $75.38. The company has a quick ratio of 1.66, a current ratio of 1.66 and a debt-to-equity ratio of 1.22. TransUnion has a 52-week low of $42.09 and a 52-week high of $91.71.

TransUnion (NYSE:TRU) last released its earnings results on Thursday, July 25th. The business services provider reported $0.99 EPS for the quarter, topping analysts’ consensus estimates of $0.86 by $0.13. The business had revenue of $1.04 billion during the quarter, compared to analysts’ expectations of $1.02 billion. TransUnion had a negative net margin of 6.11% and a positive return on equity of 15.03%. The company’s quarterly revenue was up 7.5% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.76 earnings per share. Analysts expect that TransUnion will post 3.43 EPS for the current year.

TransUnion Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, June 3rd. Stockholders of record on Friday, May 17th were issued a dividend of $0.105 per share. This represents a $0.42 dividend on an annualized basis and a dividend yield of 0.48%. The ex-dividend date of this dividend was Thursday, May 16th. TransUnion’s dividend payout ratio is presently -29.37%.

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.