T. Rowe Price Investment Management Inc. Boosts Holdings in TransUnion $TRU

Key Points

• T. Rowe Price Investment Management Inc. increased its stake in TransUnion by 0.9%, now owning over 3.4 million shares valued at approximately $283 million.
• Various institutional investors, including Wellington Management and Massachusetts Financial Services, have significantly increased their holdings in TransUnion, indicating strong institutional interest.
• TransUnion reported a quarterly earnings beat with $1.08 EPS, exceeding analyst expectations, and announced a $0.115 quarterly dividend to shareholders.

T. Rowe Price Investment Management Inc. grew its stake in TransUnion (NYSE:TRU - Free Report) by 0.9% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 3,411,925 shares of the business services provider's stock after acquiring an additional 28,996 shares during the period. T. Rowe Price Investment Management Inc. owned about 1.75% of TransUnion worth $283,156,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. Wellington Management Group LLP grew its holdings in shares of TransUnion by 61.2% in the first quarter. Wellington Management Group LLP now owns 10,877,953 shares of the business services provider's stock valued at $902,761,000 after purchasing an additional 4,128,104 shares in the last quarter. Massachusetts Financial Services Co. MA grew its holdings in shares of TransUnion by 10.9% in the first quarter. Massachusetts Financial Services Co. MA now owns 21,674,473 shares of the business services provider's stock valued at $1,798,765,000 after purchasing an additional 2,134,342 shares in the last quarter. Point72 Asset Management L.P. acquired a new position in shares of TransUnion in the fourth quarter valued at approximately $74,283,000. Nuveen LLC acquired a new position in shares of TransUnion in the first quarter valued at approximately $55,607,000. Finally, Victory Capital Management Inc. grew its holdings in shares of TransUnion by 15.3% in the first quarter. Victory Capital Management Inc. now owns 3,146,693 shares of the business services provider's stock valued at $261,144,000 after purchasing an additional 418,693 shares in the last quarter.

Analyst Ratings Changes

A number of brokerages recently weighed in on TRU. Oppenheimer lifted their price objective on shares of TransUnion from $100.00 to $108.00 and gave the company an "outperform" rating in a report on Tuesday, July 8th. Stifel Nicolaus lowered their price target on shares of TransUnion from $120.00 to $112.00 and set a "buy" rating for the company in a report on Friday, April 25th. Needham & Company LLC reiterated a "hold" rating on shares of TransUnion in a report on Friday, July 25th. UBS Group reiterated a "neutral" rating and set a $105.00 price target (up previously from $98.00) on shares of TransUnion in a report on Friday, July 25th. Finally, Wells Fargo & Company lowered their price target on shares of TransUnion from $124.00 to $118.00 and set an "overweight" rating for the company in a report on Friday, July 25th. Ten investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, TransUnion presently has a consensus rating of "Moderate Buy" and a consensus target price of $112.46.

Insiders Place Their Bets

In other TransUnion news, CAO Jennifer A. Williams sold 972 shares of the company's stock in a transaction on Monday, August 4th. The shares were sold at an average price of $92.89, for a total transaction of $90,289.08. Following the completion of the transaction, the chief accounting officer owned 7,108 shares in the company, valued at approximately $660,262.12. This represents a 12.03% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Steven M. Chaouki sold 1,000 shares of the company's stock in a transaction on Tuesday, July 1st. The stock was sold at an average price of $87.14, for a total transaction of $87,140.00. Following the transaction, the insider owned 74,393 shares of the company's stock, valued at approximately $6,482,606.02. The trade was a 1.33% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 3,972 shares of company stock valued at $353,549. 0.22% of the stock is owned by insiders.

TransUnion Trading Down 0.5%

Shares of TransUnion stock opened at $87.7680 on Thursday. The company has a fifty day simple moving average of $90.76 and a 200-day simple moving average of $87.40. TransUnion has a 12-month low of $66.38 and a 12-month high of $113.17. The company has a current ratio of 2.03, a quick ratio of 2.02 and a debt-to-equity ratio of 1.09. The stock has a market cap of $17.10 billion, a price-to-earnings ratio of 43.88, a PEG ratio of 2.46 and a beta of 1.65.

TransUnion (NYSE:TRU - Get Free Report) last issued its 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 business had revenue of $1.14 billion during the quarter, compared to analysts' expectations of $1.10 billion. During the same quarter in the prior year, the business 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, equities analysts forecast that TransUnion will post 3.99 EPS for the current fiscal year.

TransUnion Dividend Announcement

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

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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