Xn LP Has $146.37 Million Stake in TransUnion (NYSE:TRU)

Xn LP increased its position in TransUnion (NYSE:TRU) by 194.7% during the second quarter, Holdings Channel reports. The firm owned 1,973,684 shares of the business services provider’s stock after buying an additional 1,303,996 shares during the quarter. TransUnion makes up approximately 6.1% of Xn LP’s portfolio, making the stock its 4th largest holding. Xn LP’s holdings in TransUnion were worth $146,368,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the company. Larson Financial Group LLC boosted its position in TransUnion by 237.5% during the first quarter. Larson Financial Group LLC now owns 486 shares of the business services provider’s stock worth $39,000 after purchasing an additional 342 shares during the period. GAMMA Investing LLC lifted its stake in shares of TransUnion by 32.9% during the 1st quarter. GAMMA Investing LLC now owns 573 shares of the business services provider’s stock worth $46,000 after buying an additional 142 shares during the last quarter. National Bank of Canada FI boosted its holdings in shares of TransUnion by 22.3% during the 2nd quarter. National Bank of Canada FI now owns 910 shares of the business services provider’s stock worth $66,000 after buying an additional 166 shares during the period. Blue Trust Inc. boosted its holdings in shares of TransUnion by 156.6% during the 2nd quarter. Blue Trust Inc. now owns 857 shares of the business services provider’s stock worth $68,000 after buying an additional 523 shares during the period. Finally, Assetmark Inc. grew its stake in TransUnion by 48.6% in the 4th quarter. Assetmark Inc. now owns 1,030 shares of the business services provider’s stock valued at $71,000 after buying an additional 337 shares during the last quarter.

TransUnion Price Performance

TRU stock opened at $99.97 on Wednesday. The company’s 50-day moving average price is $89.50 and its two-hundred day moving average price is $80.48. The firm has a market cap of $19.41 billion, a P/E ratio of -69.91, a P/E/G ratio of 1.42 and a beta of 1.62. The company has a quick ratio of 1.66, a current ratio of 1.66 and a debt-to-equity ratio of 1.22. TransUnion has a 12 month low of $42.09 and a 12 month high of $102.00.

TransUnion (NYSE:TRU) last announced its quarterly earnings data on Thursday, July 25th. The business services provider reported $0.99 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.86 by $0.13. TransUnion had a negative net margin of 6.11% and a positive return on equity of 15.03%. The business had revenue of $1.04 billion for the quarter, compared to analysts’ expectations of $1.02 billion. During the same period last year, the firm posted $0.76 earnings per share. The firm’s quarterly revenue was up 7.5% compared to the same quarter last year. On average, analysts anticipate that TransUnion will post 3.44 earnings per share for the current fiscal year.

TransUnion Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 9th. Investors of record on Friday, August 23rd were paid a $0.105 dividend. This represents a $0.42 annualized dividend and a yield of 0.42%. The ex-dividend date was Friday, August 23rd. TransUnion’s dividend payout ratio (DPR) is presently -29.37%.

Analysts Set New Price Targets

Several equities research analysts have issued reports on TRU shares. Morgan Stanley raised their price objective on shares of TransUnion from $96.00 to $103.00 and gave the stock an “overweight” rating in a research report on Thursday, September 12th. Robert W. Baird boosted their price target on TransUnion from $94.00 to $104.00 and gave the company an “outperform” rating in a research note on Friday, July 26th. Barclays increased their price objective on TransUnion from $80.00 to $105.00 and gave the stock an “equal weight” rating in a research report on Friday, September 13th. Bank of America raised TransUnion from a “neutral” rating to a “buy” rating and set a $92.00 target price for the company in a report on Thursday, June 20th. Finally, The Goldman Sachs Group upped their price target on shares of TransUnion from $87.00 to $97.00 and gave the company a “neutral” rating in a research note on Tuesday, August 20th. Seven investment analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $92.00.

Insider Activity at TransUnion

In other news, CFO Todd M. Cello sold 12,865 shares of the stock in a transaction dated Friday, July 12th. The shares were sold at an average price of $80.00, for a total value of $1,029,200.00. Following the completion of the transaction, the chief financial officer now owns 101,426 shares of the company’s stock, valued at $8,114,080. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, CFO Todd M. Cello sold 12,865 shares of the company’s stock in a transaction that occurred on Friday, July 12th. The shares were sold at an average price of $80.00, for a total transaction of $1,029,200.00. Following the completion of the transaction, the chief financial officer now directly owns 101,426 shares in the company, valued at approximately $8,114,080. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CAO Jennifer A. Williams sold 405 shares of the firm’s stock in a transaction that occurred on Thursday, August 29th. The shares were sold at an average price of $95.58, for a total transaction of $38,709.90. Following the completion of the sale, the chief accounting officer now owns 7,186 shares in the company, valued at approximately $686,837.88. The disclosure for this sale can be found here. Insiders have sold 32,200 shares of company stock valued at $2,665,257 over the last ninety days. 0.22% of the stock is owned by corporate insiders.

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.