
Cinctive Capital Management LP Buys 43,655 Shares of TransUnion $TRU

Cinctive Capital Management LP increased its stake in TransUnion (NYSE:TRU) by 133.5% in Q1, acquiring an additional 43,655 shares, bringing its total to 76,367 shares valued at $6.34 million. Other institutional investors also adjusted their positions in TRU. Analysts have mixed ratings on the stock, with a consensus price target of $112.64. TransUnion reported Q2 earnings of $1.08 per share, exceeding estimates, and announced a quarterly dividend of $0.115, payable on September 8.
Cinctive Capital Management LP increased its holdings in shares of TransUnion (NYSE:TRU - Free Report) by 133.5% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 76,367 shares of the business services provider's stock after buying an additional 43,655 shares during the quarter. Cinctive Capital Management LP's holdings in TransUnion were worth $6,338,000 at the end of the most recent reporting period.
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Several other institutional investors and hedge funds also recently made changes to their positions in TRU. Teacher Retirement System of Texas bought a new position in TransUnion in the first quarter worth approximately $2,364,000. Bank of New York Mellon Corp grew its position in 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 buying an additional 15,030 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its stake in 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 during the last quarter. LPL Financial LLC lifted its stake in 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 purchasing an additional 3,869 shares during the last quarter. Finally, Citigroup Inc. lifted its stake in shares of TransUnion by 20.7% in the 1st quarter. Citigroup Inc. now owns 139,238 shares of the business services provider's stock valued at $11,555,000 after acquiring an additional 23,915 shares during the last quarter.
Wall Street Analyst Weigh In
A number of research analysts have weighed in on TRU shares. BMO Capital Markets upped their target price on TransUnion from $115.00 to $118.00 and gave the stock an "outperform" rating in a report on Friday, July 25th. UBS Group reiterated a "neutral" rating and set a $105.00 target price (up from $98.00) on shares of TransUnion in a research note on Friday, July 25th. Wall Street Zen downgraded TransUnion from a "buy" rating to a "hold" rating in a research note on Sunday, August 3rd. Needham & Company LLC upgraded TransUnion from a "hold" rating to a "buy" rating and set a $115.00 price target on the stock in a research note on Wednesday. Finally, Oppenheimer lifted 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. Eleven investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $112.64.
Read Our Latest Stock Analysis on TransUnion
TransUnion Stock Down 0.4%
TransUnion stock opened at $86.09 on Thursday. The business has a fifty day moving average of $91.20 and a two-hundred day moving average of $86.85. The firm has a market cap of $16.77 billion, a P/E ratio of 43.05, a P/E/G ratio of 2.47 and a beta of 1.71. The company has a quick ratio of 2.02, a current ratio of 2.03 and a debt-to-equity ratio of 1.09. TransUnion has a twelve month low of $66.38 and a twelve month high of $113.17.
TransUnion (NYSE:TRU - Get Free Report) last released 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 return on equity of 16.08% and a net margin of 8.99%.The firm had revenue of $1.14 billion for the quarter, compared to the consensus estimate of $1.10 billion. During the same period in the prior year, the firm earned $0.99 EPS. The firm's revenue 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, analysts forecast that TransUnion will post 3.99 earnings per share for the current fiscal year.
TransUnion Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Monday, September 8th. Shareholders of record on Friday, August 22nd will be paid a $0.115 dividend. The ex-dividend date is Friday, August 22nd. This represents a $0.46 annualized dividend and a dividend yield of 0.5%. TransUnion's payout ratio is 23.00%.
Insider Buying and Selling at TransUnion
In related news, CAO Jennifer A. Williams sold 972 shares of the business'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. The trade was a 12.03% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Steven M. Chaouki sold 1,000 shares of the company's stock in a transaction dated Tuesday, July 1st. The shares were sold at an average price of $87.14, for a total transaction of $87,140.00. Following the completion of the sale, the insider directly owned 74,393 shares of the company's stock, valued at $6,482,606.02. The trade was a 1.33% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 4,972 shares of company stock valued at $443,405. Insiders own 0.25% of the company's stock.
TransUnion Profile
(Free Report)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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