Platinum Investment Management Ltd. Cuts Stock Holdings in TransUnion $TRU

Key Points

• Platinum Investment Management Ltd. has reduced its holdings in TransUnion by 58.3% during the second quarter, now owning 713,760 shares, which accounts for 4.2% of its portfolio.
• Several institutional investors have increased their stakes in TransUnion, with significant growth from MassMutual Private Wealth & Trust FSB, which raised its holdings by 132.7%.
• Wall Street analysts show a generally positive outlook on TransUnion, with an average rating of "Moderate Buy" and a consensus target price of $112.92.

Platinum Investment Management Ltd. decreased its holdings in shares of TransUnion (NYSE:TRU - Free Report) by 58.3% during the second quarter, according to its most recent filing with the SEC. The firm owned 713,760 shares of the business services provider's stock after selling 997,619 shares during the period. TransUnion accounts for about 4.2% of Platinum Investment Management Ltd.'s portfolio, making the stock its 14th largest position. Platinum Investment Management Ltd. owned 0.37% of TransUnion worth $62,811,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Park Avenue Securities LLC grew its holdings in shares of TransUnion by 2.2% during the second quarter. Park Avenue Securities LLC now owns 7,193 shares of the business services provider's stock valued at $633,000 after buying an additional 155 shares during the last quarter. Integrated Investment Consultants LLC grew its holdings in shares of TransUnion by 1.4% during the first quarter. Integrated Investment Consultants LLC now owns 11,380 shares of the business services provider's stock valued at $944,000 after buying an additional 162 shares during the last quarter. Rovin Capital UT ADV grew its stake in TransUnion by 3.2% during the 1st quarter. Rovin Capital UT ADV now owns 6,232 shares of the business services provider's stock valued at $517,000 after purchasing an additional 195 shares during the last quarter. MassMutual Private Wealth & Trust FSB grew its stake in TransUnion by 132.7% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 349 shares of the business services provider's stock valued at $31,000 after purchasing an additional 199 shares during the last quarter. Finally, New Century Financial Group LLC grew its stake in TransUnion by 8.7% during the 1st quarter. New Century Financial Group LLC now owns 2,643 shares of the business services provider's stock valued at $219,000 after purchasing an additional 212 shares during the last quarter.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on TRU shares. Oppenheimer upped their target price on TransUnion from $100.00 to $108.00 and gave the company an "outperform" rating in a research report on Tuesday, July 8th. BMO Capital Markets upped their price objective on shares of TransUnion from $115.00 to $118.00 and gave the company an "outperform" rating in a report on Friday, July 25th. Wells Fargo & Company dropped their price objective on shares of TransUnion from $124.00 to $118.00 and set an "overweight" rating on the stock in a report on Friday, July 25th. Wall Street Zen lowered shares of TransUnion from a "buy" rating to a "hold" rating in a report on Sunday, August 3rd. Finally, UBS Group reaffirmed a "neutral" rating and issued a $105.00 price target (up from $98.00) on shares of TransUnion in a report on Friday, July 25th. Eleven research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $112.92.

Insider Activity

In other news, EVP Heather J. Russell sold 5,337 shares of the stock in a transaction that occurred on Friday, September 5th. The stock was sold at an average price of $90.01, for a total transaction of $480,383.37. Following the transaction, the executive vice president owned 23,011 shares in the company, valued at $2,071,220.11. This trade represents a 18.83% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Steven M. Chaouki sold 1,000 shares of the stock in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of $86.12, for a total value of $86,120.00. Following the transaction, the insider owned 65,592 shares in the company, valued at $5,648,783.04. This trade represents a 1.50% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 9,309 shares of company stock worth $836,649 in the last quarter. Corporate insiders own 0.22% of the company's stock.

TransUnion Stock Performance

Shares of NYSE TRU opened at $82.27 on Thursday. The company's fifty day moving average price is $90.14 and its 200 day moving average price is $86.71. TransUnion has a 1 year low of $66.38 and a 1 year high of $113.17. The company has a market capitalization of $16.03 billion, a PE ratio of 41.14, a price-to-earnings-growth ratio of 2.35 and a beta of 1.72. The company has a debt-to-equity ratio of 1.09, a quick ratio of 2.02 and a current ratio of 2.03.

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

TransUnion Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 8th. Shareholders of record on Friday, August 22nd were given a dividend of $0.115 per share. The ex-dividend date was Friday, August 22nd. This represents a $0.46 dividend on an annualized basis and a yield of 0.6%. TransUnion's dividend payout ratio is currently 23.00%.

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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