Lansing Management LP Sells 3,350 Shares of TransUnion $TRU

Key Points

• Lansing Management LP reduced its stake in TransUnion by 1.8%, selling 3,350 shares, and now holds 179,019 shares valued at approximately $14.86 million.
• TransUnion recently announced a quarterly dividend of $0.115 per share, which translates to an annualized yield of 0.5% and a payout ratio of 23.00%.
• Wall Street analysts have mixed outlooks on TransUnion, with BMO Capital Markets raising its price target to $118.00, while others like UBS Group maintained a "neutral" rating and adjusted their target to $105.00.

Lansing Management LP reduced its stake in shares of TransUnion (NYSE:TRU - Free Report) by 1.8% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 179,019 shares of the business services provider's stock after selling 3,350 shares during the period. TransUnion accounts for about 12.5% of Lansing Management LP's portfolio, making the stock its 6th largest holding. Lansing Management LP owned approximately 0.09% of TransUnion worth $14,857,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Vident Advisory LLC acquired a new position in shares of TransUnion during the 1st quarter worth approximately $286,000. The Manufacturers Life Insurance Company raised its position in shares of TransUnion by 60.2% during the 1st quarter. The Manufacturers Life Insurance Company now owns 563,739 shares of the business services provider's stock valued at $46,785,000 after buying an additional 211,779 shares during the period. OMERS ADMINISTRATION Corp raised its position in shares of TransUnion by 1,397.0% during the 1st quarter. OMERS ADMINISTRATION Corp now owns 120,719 shares of the business services provider's stock valued at $10,018,000 after buying an additional 112,655 shares during the period. Kayne Anderson Rudnick Investment Management LLC raised its position in shares of TransUnion by 1.7% during the 1st quarter. Kayne Anderson Rudnick Investment Management LLC now owns 530,912 shares of the business services provider's stock valued at $44,060,000 after buying an additional 8,867 shares during the period. Finally, Comerica Bank raised its position in shares of TransUnion by 0.4% during the 1st quarter. Comerica Bank now owns 236,795 shares of the business services provider's stock valued at $19,652,000 after buying an additional 956 shares during the period.

Insider Buying and Selling

In other news, insider Steven M. Chaouki sold 1,000 shares of the company's stock in a transaction on Friday, August 8th. The stock was sold at an average price of $91.21, for a total transaction of $91,210.00. Following the sale, the insider owned 73,393 shares of the company's stock, valued at approximately $6,694,175.53. This represents a 1.34% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Jennifer A. Williams sold 972 shares of the company's stock in a transaction on Monday, August 4th. The stock was sold at an average price of $92.89, for a total value of $90,289.08. Following the sale, the chief accounting officer directly owned 7,108 shares in the company, valued at $660,262.12. This represents a 12.03% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 4,217 shares of company stock worth $375,408. 0.22% of the stock is owned by corporate insiders.

TransUnion Stock Down 0.3%

Shares of NYSE TRU opened at $88.41 on Friday. The firm has a market cap of $17.22 billion, a price-to-earnings ratio of 44.21, a PEG ratio of 2.47 and a beta of 1.65. The company has a quick ratio of 2.02, a current ratio of 2.03 and a debt-to-equity ratio of 1.09. TransUnion has a 52-week low of $66.38 and a 52-week high of $113.17. The business's 50 day moving average is $91.29 and its two-hundred day moving average is $87.08.

TransUnion (NYSE:TRU - Get Free Report) last announced its earnings results on Thursday, July 24th. The business services provider reported $1.08 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.99 by $0.09. The company had revenue of $1.14 billion for the quarter, compared to analyst estimates of $1.10 billion. TransUnion had a return on equity of 16.08% and a net margin of 8.99%.The firm's quarterly revenue was up 9.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.99 earnings per share. TransUnion has set its FY 2025 guidance at 4.030-4.140 EPS. Q3 2025 guidance at 0.990-1.040 EPS. Research analysts predict that TransUnion will post 3.99 EPS for the current year.

TransUnion Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, September 8th. Shareholders of record on Friday, August 22nd will be given a $0.115 dividend. The ex-dividend date of this dividend is Friday, August 22nd. This represents a $0.46 dividend on an annualized basis and a yield of 0.5%. TransUnion's payout ratio is presently 23.00%.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on TRU. BMO Capital Markets lifted their price target on shares of TransUnion from $115.00 to $118.00 and gave the company an "outperform" rating in a research report on Friday, July 25th. Wall Street Zen lowered shares of TransUnion from a "buy" rating to a "hold" rating in a research report on Sunday, August 3rd. Oppenheimer lifted their price target on shares of TransUnion from $100.00 to $108.00 and gave the company an "outperform" rating in a research report on Tuesday, July 8th. Wells Fargo & Company reduced their price target on shares of TransUnion from $124.00 to $118.00 and set an "overweight" rating on the stock in a research report on Friday, July 25th. Finally, UBS Group reaffirmed a "neutral" rating and set a $105.00 price target (up previously from $98.00) on shares of TransUnion in a research report on Friday, July 25th. Ten 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. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $112.46.

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.

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