Xponance Inc. Boosts Holdings in TransUnion (NYSE:TRU)

Xponance Inc. grew its stake in shares of TransUnion (NYSE:TRU) by 1.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 8,215 shares of the business services provider’s stock after acquiring an additional 157 shares during the quarter. Xponance Inc.’s holdings in TransUnion were worth $564,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of TRU. SG Americas Securities LLC acquired a new stake in shares of TransUnion during the 3rd quarter worth $1,063,000. Simplicity Solutions LLC lifted its position in TransUnion by 5.3% during the third quarter. Simplicity Solutions LLC now owns 15,126 shares of the business services provider’s stock valued at $1,086,000 after buying an additional 764 shares in the last quarter. Copeland Capital Management LLC increased its position in shares of TransUnion by 0.4% in the third quarter. Copeland Capital Management LLC now owns 351,413 shares of the business services provider’s stock worth $25,228,000 after acquiring an additional 1,471 shares in the last quarter. Commonwealth Equity Services LLC increased its position in shares of TransUnion by 11.7% in the third quarter. Commonwealth Equity Services LLC now owns 111,040 shares of the business services provider’s stock worth $7,972,000 after acquiring an additional 11,607 shares in the last quarter. Finally, Fjarde AP Fonden Fourth Swedish National Pension Fund raised its stake in shares of TransUnion by 12.6% in the 3rd quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 44,535 shares of the business services provider’s stock valued at $3,197,000 after acquiring an additional 5,000 shares during the period.

TransUnion Price Performance

TRU opened at $74.47 on Friday. The company has a debt-to-equity ratio of 1.28, a quick ratio of 1.47 and a current ratio of 1.47. The stock’s 50 day moving average price is $76.33 and its 200 day moving average price is $67.88. TransUnion has a 12 month low of $42.09 and a 12 month high of $82.75.

TransUnion (NYSE:TRU) last announced its earnings results on Thursday, April 25th. The business services provider reported $0.83 EPS for the quarter, beating the consensus estimate of $0.71 by $0.12. The business had revenue of $1.02 billion during the quarter, compared to the consensus estimate of $977.62 million. TransUnion had a positive return on equity of 14.22% and a negative net margin of 7.02%. On average, analysts anticipate that TransUnion will post 3.31 EPS for the current fiscal year.

TransUnion Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 22nd. Stockholders of record on Thursday, March 7th were given a $0.105 dividend. The ex-dividend date was Wednesday, March 6th. This represents a $0.42 annualized dividend and a dividend yield of 0.56%. TransUnion’s dividend payout ratio (DPR) is presently -29.37%.

Analysts Set New Price Targets

Several research firms have commented on TRU. Jefferies Financial Group raised their price objective on TransUnion from $75.00 to $85.00 and gave the company a “buy” rating in a research report on Wednesday, January 17th. Wells Fargo & Company upped their price target on TransUnion from $80.00 to $85.00 and gave the stock an “overweight” rating in a report on Wednesday, February 14th. Truist Financial lifted their price objective on shares of TransUnion from $65.00 to $75.00 and gave the company a “hold” rating in a research note on Wednesday, February 14th. JPMorgan Chase & Co. upped their target price on shares of TransUnion from $69.00 to $84.00 and gave the company an “overweight” rating in a research note on Wednesday, February 14th. Finally, Needham & Company LLC raised their price target on shares of TransUnion from $87.00 to $89.00 and gave the company a “buy” rating in a report on Thursday. Six research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, TransUnion currently has an average rating of “Moderate Buy” and an average price target of $83.60.

Insider Activity

In related news, EVP Timothy J. Martin sold 12,000 shares of the stock in a transaction dated Tuesday, March 5th. The stock was sold at an average price of $78.59, for a total value of $943,080.00. Following the completion of the sale, the executive vice president now directly owns 54,522 shares of the company’s stock, valued at approximately $4,284,883.98. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In other TransUnion news, insider Steven M. Chaouki sold 1,775 shares of the business’s stock in a transaction dated Monday, April 1st. The stock was sold at an average price of $81.30, for a total value of $144,307.50. Following the transaction, the insider now owns 75,099 shares in the company, valued at $6,105,548.70. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Timothy J. Martin sold 12,000 shares of the business’s stock in a transaction that occurred on Tuesday, March 5th. The shares were sold at an average price of $78.59, for a total value of $943,080.00. Following the completion of the sale, the executive vice president now directly owns 54,522 shares of the company’s stock, valued at approximately $4,284,883.98. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 15,275 shares of company stock worth $1,204,538. 0.22% of the stock is owned by corporate insiders.

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.