Praxis Investment Management Inc. Invests $379,000 in TransUnion $TRU

Key Points

• Praxis Investment Management Inc. invested approximately $379,000 in TransUnion by acquiring 4,310 shares during the second quarter.
• Multiple institutional investors, including Teacher Retirement System of Texas and Citigroup Inc., have also increased their holdings in TransUnion, indicating a strong interest in the stock.
• TransUnion's most recent financial results showed a 9.5% year-over-year revenue growth and an EPS of $1.08, surpassing analysts' expectations.

Praxis Investment Management Inc. purchased a new position in shares of TransUnion (NYSE:TRU - Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 4,310 shares of the business services provider's stock, valued at approximately $379,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Teacher Retirement System of Texas bought a new position in shares of TransUnion during the first quarter worth $2,364,000. Bank of New York Mellon Corp boosted its position in shares of TransUnion by 1.3% during the first quarter. Bank of New York Mellon Corp now owns 1,167,843 shares of the business services provider's stock worth $96,919,000 after purchasing an additional 15,030 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position in shares of TransUnion by 1.8% during the first quarter. Charles Schwab Investment Management Inc. now owns 712,890 shares of the business services provider's stock worth $59,163,000 after purchasing an additional 12,372 shares in the last quarter. LPL Financial LLC raised its holdings in shares of TransUnion by 7.1% during the first quarter. LPL Financial LLC now owns 58,161 shares of the business services provider's stock worth $4,827,000 after acquiring an additional 3,869 shares during the period. Finally, Citigroup Inc. raised its holdings in shares of TransUnion by 20.7% during the first quarter. Citigroup Inc. now owns 139,238 shares of the business services provider's stock worth $11,555,000 after acquiring an additional 23,915 shares during the period.

Analysts Set New Price Targets

A number of brokerages recently commented on TRU. Oppenheimer began coverage on shares of TransUnion in a report on Monday, October 13th. They set an "outperform" rating and a $93.00 price objective on the stock. BMO Capital Markets raised their price objective on shares of TransUnion from $115.00 to $118.00 and gave the stock an "outperform" rating in a report on Friday, July 25th. Seaport Res Ptn upgraded shares of TransUnion to a "hold" rating in a report on Wednesday, October 1st. UBS Group restated a "neutral" rating and set a $105.00 price objective (up from $98.00) on shares of TransUnion in a report on Friday, July 25th. Finally, 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. Ten analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $108.15.

Insider Transactions at TransUnion

In other news, CAO Jennifer A. Williams sold 972 shares of the business's stock in a transaction dated Monday, August 4th. The shares were sold at an average price of $92.89, for a total transaction of $90,289.08. Following the transaction, the chief accounting officer directly owned 7,108 shares in the company, valued at $660,262.12. The trade was a 12.03% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Heather J. Russell sold 5,337 shares of the business's stock in a transaction dated 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 represents a 18.83% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 10,309 shares of company stock worth $919,839 in the last ninety days. Insiders own 0.22% of the company's stock.

TransUnion Stock Up 0.2%

Shares of TRU stock opened at $78.45 on Friday. The company has a current ratio of 2.03, a quick ratio of 2.02 and a debt-to-equity ratio of 1.09. TransUnion has a 1 year low of $66.38 and a 1 year high of $113.17. The firm's fifty day moving average price is $86.10 and its two-hundred day moving average price is $86.12. The firm has a market capitalization of $15.28 billion, a P/E ratio of 39.23, a PEG ratio of 2.09 and a beta of 1.71.

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

TransUnion Dividend Announcement

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

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.

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