Meritage Group LP Takes Position in TransUnion $TRU

Key Points

• Meritage Group LP acquired 3.66 million TransUnion shares valued at approximately $263.8 million, making up 10.2% of its portfolio and representing about 1.91% of TransUnion.
• TransUnion exceeded quarterly expectations with $1.23 in EPS and $1.31 billion in revenue, while revenue increased 14.9% year over year. Analysts maintain a “Moderate Buy” consensus with an average price target of $94.38.
• The company declared a quarterly dividend of $0.125 per share, equivalent to a $0.50 annualized payout and a 0.6% yield; insiders have sold 58,773 shares worth approximately $4.6 million over the past 90 days.

Meritage Group LP purchased a new stake in TransUnion (NYSE:TRU - Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 3,656,097 shares of the business services provider's stock, valued at approximately $263,751,000. TransUnion makes up approximately 10.2% of Meritage Group LP's portfolio, making the stock its 4th largest holding. Meritage Group LP owned approximately 1.91% of TransUnion as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of TRU. Geneos Wealth Management Inc. boosted its holdings in TransUnion by 1,318.2% in the 1st quarter. Geneos Wealth Management Inc. now owns 312 shares of the business services provider's stock valued at $26,000 after purchasing an additional 290 shares during the period. Cornerstone Planning Group LLC increased its holdings in shares of TransUnion by 130.2% during the fourth quarter. Cornerstone Planning Group LLC now owns 389 shares of the business services provider's stock worth $32,000 after purchasing an additional 220 shares during the period. Measured Wealth Private Client Group LLC bought a new position in shares of TransUnion during the third quarter worth approximately $36,000. Essential Partners LLC raised its position in shares of TransUnion by 63.7% in the first quarter. Essential Partners LLC now owns 609 shares of the business services provider's stock valued at $42,000 after buying an additional 237 shares in the last quarter. Finally, Osterweis Capital Management Inc. acquired a new stake in shares of TransUnion in the second quarter valued at approximately $45,000.

TransUnion Price Performance

Shares of NYSE:TRU opened at $84.82 on Monday. The firm has a 50 day moving average of $76.29 and a 200-day moving average of $73.29. The stock has a market capitalization of $16.25 billion, a PE ratio of 22.38, a PEG ratio of 1.39 and a beta of 1.53. The company has a current ratio of 1.90, a quick ratio of 1.90 and a debt-to-equity ratio of 1.07. TransUnion has a 12 month low of $63.37 and a 12 month high of $95.50.

TransUnion (NYSE:TRU - Get Free Report) last issued its quarterly earnings results on Tuesday, July 28th. The business services provider reported $1.23 earnings per share for the quarter, topping analysts' consensus estimates of $1.16 by $0.07. The company had revenue of $1.31 billion during the quarter, compared to the consensus estimate of $1.28 billion. TransUnion had a net margin of 15.08% and a return on equity of 16.29%. The firm's quarterly revenue was up 14.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.08 EPS. TransUnion has set its Q3 2026 guidance at 1.180-1.210 EPS and its FY 2026 guidance at 4.750-4.830 EPS. On average, equities research analysts predict that TransUnion will post 4.24 EPS for the current fiscal year.

TransUnion Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 4th. Shareholders of record on Thursday, August 20th will be paid a dividend of $0.125 per share. The ex-dividend date is Thursday, August 20th. This represents a $0.50 annualized dividend and a yield of 0.6%. TransUnion's dividend payout ratio is presently 13.19%.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on TRU. Weiss Ratings upgraded TransUnion from a "hold (c-)" rating to a "hold (c)" rating in a research note on Thursday, August 13th. UBS Group raised their price objective on TransUnion from $72.00 to $77.00 and gave the stock a "neutral" rating in a research note on Thursday, July 2nd. Morgan Stanley reaffirmed an "overweight" rating and issued a $106.00 price objective on shares of TransUnion in a report on Wednesday, July 29th. BNP Paribas Exane upgraded TransUnion from a "neutral" rating to an "outperform" rating in a research report on Tuesday, July 28th. Finally, Needham & Company LLC increased their target price on TransUnion from $95.00 to $100.00 and gave the stock a "buy" rating in a report on Wednesday, July 29th. Ten analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $94.38.

Insider Transactions at TransUnion

In other news, EVP Alicia Brooke Zuiker sold 8,673 shares of the business's stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of $78.49, for a total transaction of $680,743.77. Following the completion of the transaction, the executive vice president owned 41,883 shares of the company's stock, valued at approximately $3,287,396.67. The trade was a 17.16% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Todd C. Skinner sold 950 shares of the company's stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $79.96, for a total value of $75,962.00. Following the sale, the insider owned 63,849 shares of the company's stock, valued at approximately $5,105,366.04. This represents a 1.47% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 58,773 shares of company stock worth $4,615,228. 0.37% of the stock is owned by insiders.

About TransUnion

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.

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