TransUnion $TRU Position Raised by Spear Holdings RSC Ltd

Spear Holdings RSC Ltd raised its holdings in shares of TransUnion (NYSE:TRU) by 175.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,444,709 shares of the business services provider’s stock after buying an additional 920,525 shares during the quarter. TransUnion comprises about 6.8% of Spear Holdings RSC Ltd’s holdings, making the stock its 6th largest position. Spear Holdings RSC Ltd owned 0.74% of TransUnion worth $121,038,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Massachusetts Financial Services Co. MA increased its position in shares of TransUnion by 4.8% in the second quarter. Massachusetts Financial Services Co. MA now owns 22,720,864 shares of the business services provider’s stock worth $1,999,436,000 after purchasing an additional 1,046,391 shares during the last quarter. Vanguard Group Inc. increased its holdings in shares of TransUnion by 1.5% in the 2nd quarter. Vanguard Group Inc. now owns 18,539,805 shares of the business services provider’s stock worth $1,631,503,000 after buying an additional 274,903 shares during the last quarter. William Blair Investment Management LLC raised its position in shares of TransUnion by 41.7% during the 2nd quarter. William Blair Investment Management LLC now owns 4,739,103 shares of the business services provider’s stock valued at $417,041,000 after buying an additional 1,394,813 shares in the last quarter. Independent Franchise Partners LLP lifted its holdings in shares of TransUnion by 119.5% during the 2nd quarter. Independent Franchise Partners LLP now owns 4,646,903 shares of the business services provider’s stock worth $408,927,000 after acquiring an additional 2,530,335 shares during the last quarter. Finally, Ninety One UK Ltd grew its position in TransUnion by 52.6% in the third quarter. Ninety One UK Ltd now owns 3,536,458 shares of the business services provider’s stock worth $296,284,000 after acquiring an additional 1,219,360 shares in the last quarter.

Insider Activity

In related news, insider Steven M. Chaouki sold 1,000 shares of the firm’s stock in a transaction on Monday, December 1st. The stock was sold at an average price of $84.04, for a total value of $84,040.00. Following the completion of the sale, the insider owned 62,592 shares of the company’s stock, valued at $5,260,231.68. This trade represents a 1.57% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Tiffani Chambers sold 4,318 shares of the business’s stock in a transaction on Wednesday, December 17th. The shares were sold at an average price of $86.00, for a total transaction of $371,348.00. Following the transaction, the executive vice president directly owned 50,427 shares in the company, valued at approximately $4,336,722. The trade was a 7.89% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 8,318 shares of company stock valued at $704,958. Company insiders own 0.22% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. Robert W. Baird set a $125.00 price target on TransUnion in a research report on Friday, October 24th. BMO Capital Markets boosted their target price on TransUnion from $104.00 to $105.00 and gave the stock an “outperform” rating in a research report on Friday, October 24th. Weiss Ratings reissued a “hold (c)” rating on shares of TransUnion in a research note on Wednesday. UBS Group set a $90.00 price objective on shares of TransUnion and gave the company a “neutral” rating in a research note on Friday, October 24th. Finally, Seaport Research Partners raised shares of TransUnion to a “hold” rating in a report on Wednesday, October 1st. Eight investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, TransUnion currently has a consensus rating of “Moderate Buy” and an average price target of $101.08.

TransUnion Trading Up 3.0%

NYSE:TRU opened at $85.81 on Friday. The firm has a market capitalization of $16.66 billion, a P/E ratio of 40.10, a P/E/G ratio of 1.57 and a beta of 1.72. TransUnion has a 52 week low of $66.38 and a 52 week high of $101.19. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 1.10. The company has a fifty day moving average of $84.50 and a 200 day moving average of $86.23.

TransUnion (NYSE:TRU) last issued its quarterly earnings data on Thursday, October 23rd. The business services provider reported $1.10 EPS for the quarter, beating the consensus estimate of $1.04 by $0.06. The firm had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.13 billion. TransUnion had a net margin of 9.47% and a return on equity of 16.05%. The company’s quarterly revenue was up 7.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.04 earnings per share. On average, research analysts predict that TransUnion will post 3.99 earnings per share for the current year.

TransUnion Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 8th. Stockholders of record on Friday, November 21st were given a $0.115 dividend. This represents a $0.46 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date was Friday, November 21st. TransUnion’s dividend payout ratio (DPR) is currently 21.50%.

TransUnion Company Profile

TransUnion is a global information and insights company that helps businesses and consumers make critical decisions using data and analytics. As one of the three major credit bureaus in the United States, TransUnion collects and aggregates credit information on individuals and businesses, providing credit reports, risk scores and portfolio management tools to financial institutions, lenders, landlords and other decision makers. Its consumer-facing products enable individuals to monitor credit status, detect identity theft and access personalized financial insights.

The company’s offerings span credit risk assessment, identity management, fraud prevention and marketing solutions.