V Square Quantitative Management LLC Purchases 165 Shares of TransUnion (NYSE:TRU)

V Square Quantitative Management LLC lifted its position in TransUnion (NYSE:TRU) by 6.4% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 2,762 shares of the business services provider’s stock after purchasing an additional 165 shares during the quarter. V Square Quantitative Management LLC’s holdings in TransUnion were worth $205,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. International Assets Investment Management LLC grew its holdings in TransUnion by 6,770.8% during the 4th quarter. International Assets Investment Management LLC now owns 3,298 shares of the business services provider’s stock worth $227,000 after acquiring an additional 3,250 shares during the last quarter. Nisa Investment Advisors LLC boosted its stake in shares of TransUnion by 11.2% in the 4th quarter. Nisa Investment Advisors LLC now owns 7,095 shares of the business services provider’s stock valued at $487,000 after purchasing an additional 715 shares during the last quarter. Vontobel Holding Ltd. boosted its stake in shares of TransUnion by 7.1% in the 4th quarter. Vontobel Holding Ltd. now owns 10,943 shares of the business services provider’s stock valued at $752,000 after purchasing an additional 722 shares during the last quarter. Mackenzie Financial Corp boosted its stake in shares of TransUnion by 531.4% in the 4th quarter. Mackenzie Financial Corp now owns 353,109 shares of the business services provider’s stock valued at $24,262,000 after purchasing an additional 297,180 shares during the last quarter. Finally, Federated Hermes Inc. bought a new position in shares of TransUnion in the 4th quarter valued at about $134,000.

Insider Activity

In related news, EVP Heather J. Russell sold 7,000 shares of the business’s stock in a transaction that occurred on Friday, June 14th. The stock was sold at an average price of $73.10, for a total value of $511,700.00. Following the completion of the sale, the executive vice president now owns 32,744 shares in the company, valued at approximately $2,393,586.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In other news, CFO Todd M. Cello sold 12,865 shares of the business’s stock in a transaction that occurred on Friday, July 12th. The stock was sold at an average price of $80.00, for a total transaction of $1,029,200.00. Following the transaction, the chief financial officer now directly owns 101,426 shares of the company’s stock, valued at $8,114,080. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Heather J. Russell sold 7,000 shares of the company’s stock in a transaction on Friday, June 14th. The stock was sold at an average price of $73.10, for a total value of $511,700.00. Following the completion of the sale, the executive vice president now directly owns 32,744 shares in the company, valued at $2,393,586.40. The disclosure for this sale can be found here. In the last 90 days, insiders sold 33,661 shares of company stock worth $2,604,898. 0.22% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several analysts have commented on TRU shares. Royal Bank of Canada raised their target price on shares of TransUnion from $85.00 to $106.00 and gave the stock an “outperform” rating in a report on Friday, July 26th. Oppenheimer raised 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. Morgan Stanley lifted their price objective on shares of TransUnion from $87.00 to $90.00 and gave the stock an “overweight” rating in a research report on Friday, April 26th. Wells Fargo & Company raised shares of TransUnion to a “strong-buy” rating in a research report on Tuesday. Finally, Bank of America raised TransUnion from a “neutral” rating to a “buy” rating and set a $92.00 target price for the company in a report on Thursday, June 20th. Six equities research analysts have rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, TransUnion currently has an average rating of “Moderate Buy” and an average price target of $87.80.

TransUnion Stock Up 2.5 %

NYSE:TRU traded up $2.21 during trading hours on Wednesday, hitting $90.99. 1,566,851 shares of the company traded hands, compared to its average volume of 1,627,075. 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 $78.41 and its 200-day simple moving average is $76.46. TransUnion has a one year low of $42.09 and a one year high of $91.71. The company has a market cap of $17.68 billion, a PE ratio of -63.60, a PEG ratio of 1.25 and a beta of 1.61.

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. 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 analysts’ expectations of $1.02 billion. During the same period in the previous year, the business posted $0.76 EPS. The business’s revenue for the quarter was up 7.5% compared to the same quarter last year. Equities analysts predict that TransUnion will post 3.43 earnings per share for the current year.

TransUnion Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, September 9th. Shareholders of record on Friday, August 23rd will be issued a dividend of $0.105 per share. This represents a $0.42 dividend on an annualized basis and a yield of 0.46%. The ex-dividend date of this dividend is Friday, August 23rd. TransUnion’s 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.