Spear Holdings RSC Ltd Buys New Stake in TransUnion $TRU

Key Points

• Spear Holdings RSC Ltd has acquired a new stake in TransUnion (NYSE:TRU) during the second quarter, purchasing 524,184 shares valued at approximately $46.1 million.
• TransUnion recently reported earnings per share of $1.08 for the most recent quarter, exceeding analysts' estimates and marking a 9.5% year-over-year revenue growth.
• The company declared a quarterly dividend of $0.115 per share, representing an annualized payout of $0.46, with a current dividend yield of 0.6%.

Spear Holdings RSC Ltd acquired a new position in TransUnion (NYSE:TRU - Free Report) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 524,184 shares of the business services provider's stock, valued at approximately $46,128,000. TransUnion accounts for about 3.4% of Spear Holdings RSC Ltd's portfolio, making the stock its 10th largest holding. Spear Holdings RSC Ltd owned about 0.27% of TransUnion at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the company. Teacher Retirement System of Texas acquired a new position in shares of TransUnion during the 1st quarter worth about $2,364,000. Bank of New York Mellon Corp grew its stake in shares of TransUnion by 1.3% in the 1st quarter. Bank of New York Mellon Corp now owns 1,167,843 shares of the business services provider's stock valued at $96,919,000 after buying an additional 15,030 shares during the period. Charles Schwab Investment Management Inc. boosted its position in shares of TransUnion by 1.8% during the 1st 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 during the period. LPL Financial LLC boosted its position in shares of TransUnion by 7.1% during the 1st quarter. LPL Financial LLC now owns 58,161 shares of the business services provider's stock worth $4,827,000 after purchasing an additional 3,869 shares during the period. Finally, Citigroup Inc. boosted its position in shares of TransUnion by 20.7% during the 1st quarter. Citigroup Inc. now owns 139,238 shares of the business services provider's stock worth $11,555,000 after purchasing an additional 23,915 shares during the period.

TransUnion Price Performance

Shares of TRU opened at $76.65 on Tuesday. The firm has a market cap of $14.93 billion, a PE ratio of 38.33, a PEG ratio of 2.17 and a beta of 1.71. The firm's 50 day moving average price is $88.78 and its 200 day moving average price is $86.55. 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 has a twelve month low of $66.38 and a twelve month high of $113.17.

TransUnion (NYSE:TRU - Get Free Report) last issued its quarterly earnings data on Thursday, July 24th. The business services provider reported $1.08 earnings per share 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 quarter last year, the firm earned $0.99 earnings per share. 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. As a group, research analysts expect that TransUnion will post 3.99 EPS for the current fiscal 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 paid 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 payout ratio is currently 23.00%.

Insiders Place Their Bets

In other TransUnion news, insider Steven M. Chaouki sold 1,000 shares of TransUnion stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $83.19, for a total transaction of $83,190.00. Following the sale, the insider owned 64,592 shares in the company, valued at $5,373,408.48. The trade was a 1.52% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Heather J. Russell sold 5,337 shares of TransUnion stock in a transaction 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 sale, 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 position. The disclosure for this sale can be found here. Insiders have sold 10,309 shares of company stock worth $919,839 over the last 90 days. Corporate insiders own 0.25% of the company's stock.

Wall Street Analysts Forecast Growth

TRU has been the topic of a number of recent research reports. Oppenheimer lifted their price objective on shares of TransUnion from $100.00 to $108.00 and gave the company an "outperform" rating in a research note on Tuesday, July 8th. Wells Fargo & Company decreased 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 research report on Sunday, August 3rd. Needham & Company LLC upgraded shares of TransUnion from a "hold" rating to a "buy" rating and set a $115.00 price objective for the company in a research note on Wednesday, September 3rd. Finally, The Goldman Sachs Group decreased their price objective on shares of TransUnion from $96.00 to $83.00 and set a "neutral" rating for the company in a research note on Thursday, October 2nd. Eleven equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $110.79.

About TransUnion

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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