Untitled Investments LP Takes Position in TransUnion (NYSE:TRU)

Untitled Investments LP bought a new position in shares of TransUnion (NYSE:TRU) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 490,695 shares of the business services provider’s stock, valued at approximately $39,157,000. TransUnion comprises about 7.4% of Untitled Investments LP’s portfolio, making the stock its 5th biggest holding. Untitled Investments LP owned about 0.25% of TransUnion at the end of the most recent quarter.

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

TransUnion Price Performance

Shares of TRU stock traded down $2.61 during trading hours 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. TransUnion has a fifty-two week low of $42.09 and a fifty-two week high of $91.71. The company has a quick ratio of 1.66, a current ratio of 1.66 and a debt-to-equity ratio of 1.22. The firm’s 50 day simple moving average is $76.32 and its 200-day simple moving average is $75.38. The company has a market capitalization of $17.03 billion, a price-to-earnings ratio of -60.45, a PEG ratio of 1.33 and a beta of 1.61.

TransUnion (NYSE:TRU) last posted 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. The business had revenue of $1.04 billion during the quarter, compared to the consensus estimate of $1.02 billion. TransUnion had a positive return on equity of 15.03% and a negative net margin of 6.11%. TransUnion’s quarterly revenue was up 7.5% on a year-over-year basis. During the same period in the prior year, the business posted $0.76 earnings per share. Sell-side analysts forecast that TransUnion will post 3.43 earnings per share for the current year.

TransUnion Dividend Announcement

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

Analysts Set New Price Targets

Several research firms have issued reports on TRU. Morgan Stanley boosted their price objective 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. Oppenheimer upped their target price on shares of TransUnion from $90.00 to $97.00 and gave the company an “outperform” rating in a research note on Friday, July 26th. Robert W. Baird raised their price objective on TransUnion from $94.00 to $104.00 and gave the stock an “outperform” rating in a research note on Friday, July 26th. Bank of America upgraded TransUnion from a “neutral” rating to a “buy” rating and set a $92.00 target price for the company in a research note on Thursday, June 20th. Finally, Needham & Company LLC upped their price target on shares of TransUnion from $89.00 to $92.00 and gave the stock a “buy” rating in a research report on Friday, July 26th. Six research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. Based on data from MarketBeat.com, TransUnion presently has an average rating of “Moderate Buy” and an average target price of $86.80.

Insider Transactions at TransUnion

In other news, CFO Todd M. Cello sold 12,865 shares of the business’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 completion of the transaction, the chief financial officer now owns 101,426 shares in the company, valued at $8,114,080. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, EVP Heather J. Russell sold 7,120 shares of the company’s stock in a transaction dated Friday, June 21st. The stock was sold at an average price of $73.53, for a total value of $523,533.60. Following the completion of the transaction, the executive vice president now owns 25,624 shares of the company’s stock, valued at $1,884,132.72. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. 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 completion of the sale, 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. Over the last ninety days, insiders sold 29,761 shares of company stock worth $2,266,576. Company insiders own 0.22% of the company’s stock.

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.