Andra AP fonden owns $5.73 million in TransUnion (NYSE:TRU)

VaselineSeptember 12, 2024

0 5 minutes read

Andra AP fonden boosted its holdings in shares of TransUnion (NYSE:TRU – Free Report) by 77.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 77,300 shares of the business services provider’s stock after purchasing an additional 33,700 shares during the quarter. Andra AP fonden’s holdings in TransUnion were worth $5,733,000 as of its most recent SEC filing.

Other hedge funds have added to or reduced their stakes in the company. Larson Financial Group LLC raised its holdings in TransUnion by 237.5% in the first quarter. Larson Financial Group LLC now owns 486 shares of the business services provider’s stock worth $39,000 after purchasing an additional 342 shares during the last quarter. GAMMA Investing LLC boosted its holdings in TransUnion by 32.9% in the first quarter. GAMMA Investing LLC now owns 573 shares of the business services provider’s stock worth $46,000 after purchasing an additional 142 shares in the last quarter. Westpac Banking Corp boosted 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 worth $62,000 after buying an additional 454 shares in the last quarter. National Bank of Canada FI boosted its holdings in TransUnion by 22.3% in the second quarter. National Bank of Canada FI now owns 910 shares of the business services provider’s stock worth $66,000 after buying an additional 166 shares in the last quarter. Finally, Blue Trust Inc. raised its holdings in TransUnion by 156.6% in the 2nd quarter. Blue Trust Inc. now owns 857 shares of the business services provider’s stock worth $68,000 after purchasing an additional 523 shares during the last quarter.

Insiders place their bets

In other news, CAO Jennifer A. Williams sold 405 shares of TransUnion stock in a transaction that occurred on Thursday, August 29th. The shares were sold at an average price of $95.58, for a total value of $38,709.90. Following the completion of the sale, the chief accounting officer now directly owns 7,186 shares in the company, valued at $686,837.88. The transaction was disclosed in a filing with the SEC, which can be accessed via this link. In other 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 sale, the executive vice president now directly owns 32,744 shares in the company, valued at $2,393,586.40. The transaction was disclosed in a filing with the SEC, which can be accessed via this link. Also, CAO Jennifer A. Williams sold 405 shares of the company’s stock in a transaction that occurred on Thursday, August 29th. The shares were sold at an average price of $95.58, for a total transaction of $38,709.90. Following the transaction, the chief accounting officer now owns 7,186 shares of the company’s stock, valued at $686,837.88. The disclosure for this sale can be found here. Insiders have sold 39,200 shares of company stock worth $3,176,957 over the last three months. Insiders hold 0.22% of the company’s stock.

Analysts on Wall Street are forecasting an increase

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Several equities analysts recently weighed in on the company. Barclays raised their price objective on TransUnion from $75.00 to $80.00 and gave the company an “equal weight” rating in a report on Friday, July 26th. Robert W. Baird raised their price objective on TransUnion from $94.00 to $104.00 and gave the company an “outperform” rating in a report on Friday, July 26th. Needham & Company LLC cut TransUnion from a “buy” rating to a “hold” rating in a report on Wednesday, August 28th. Royal Bank of Canada boosted their price objective on TransUnion from $85.00 to $106.00 and gave the company an “outperform” rating in a report on Friday, July 26th. Finally, Wells Fargo & Company upgraded TransUnion to a “strong-buy” rating in a report on Tuesday, August 13th. Seven analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company’s stock. TransUnion presently has an average rating of “Moderate Buy” and an average target price of $89.47, based on data from MarketBeat.com.

See the latest inventory analysis on TransUnion

TransUnion trading up 0.2%

Shares of TRU stock opened at $96.44 on Thursday. The firm has a 50 day moving average price of $87.19 and a two hundred day moving average price of $79.71. 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 company has a market cap of $18.73 billion, a PE ratio of -67.44, a price-to-earnings-growth ratio of 1.37 and a beta of 1.62. TransUnion has a 12-month low of $42.09 and a 12-month high of $99.00.

TransUnion (NYSE:TRU – Get Free Report ) last issued its quarterly earnings data on Thursday, July 25th. The business services provider reported $0.99 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.86 by $0.13. The firm had revenue of $1.04 billion during the quarter, compared to the consensus estimate 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 revenue for the quarter was up 7.5% compared to the same quarter last year. During the same period last year, the company posted earnings of $0.76 per share. As a group, analysts predict that TransUnion will post 3.44 earnings per share for the current year.

TransUnion Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 9th. Stockholders of record on Friday, August 23rd were given a dividend of $0.105 per share. The ex-dividend date was Friday, August 23. This represents an annualized dividend of $0.42 and a yield of 0.44%. TransUnion’s dividend payout ratio (DPR) is currently -29.37%.

TransUnion Company Profile

(Free Report)

TransUnion operates as a global consumer credit reporting agency that provides risk solutions and information. The company operates through the US, International and Consumer Interactive markets segments. The US Markets segment provides consumer reporting, actionable information and analytical services to businesses that use its services to acquire new customers; to assess the consumer’s ability to pay for services; identifying cross-selling opportunities; debt portfolio risk measurement and management; debt collection; verify the identity of consumers; and mitigating the risk of fraud.