William Blair Reduces Earnings Estimates for TransUnion

TransUnion (NYSE:TRU) – Research analysts at William Blair lowered their FY2024 earnings per share estimates for shares of TransUnion in a research note issued to investors on Tuesday, January 21st. William Blair analyst A. Nicholas now anticipates that the business services provider will earn $3.30 per share for the year, down from their previous estimate of $3.31. The consensus estimate for TransUnion’s current full-year earnings is $3.44 per share. William Blair also issued estimates for TransUnion’s FY2025 earnings at $3.74 EPS.

TransUnion (NYSE:TRU) last released its earnings results on Wednesday, October 23rd. The business services provider reported $1.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.01 by $0.03. TransUnion had a net margin of 5.47% and a return on equity of 15.38%. The company had revenue of $1.09 billion during the quarter, compared to the consensus estimate of $1.06 billion. During the same quarter in the prior year, the firm earned $0.80 EPS. The company’s revenue was up 12.0% compared to the same quarter last year.

TRU has been the subject of a number of other reports. Stifel Nicolaus raised their price target on TransUnion from $103.00 to $120.00 and gave the stock a “buy” rating in a research note on Thursday, October 24th. UBS Group started coverage on TransUnion in a report on Tuesday, October 1st. They set a “neutral” rating and a $110.00 target price on the stock. Wells Fargo & Company reduced their price target on TransUnion from $135.00 to $126.00 and set an “overweight” rating for the company in a research report on Friday, January 10th. Wolfe Research raised TransUnion from a “peer perform” rating to an “outperform” rating and set a $130.00 price objective on the stock in a report on Thursday, October 10th. Finally, Needham & Company LLC restated a “hold” rating on shares of TransUnion in a report on Thursday, January 16th. Six equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $108.19.

TransUnion Price Performance

TRU opened at $95.96 on Thursday. The stock has a fifty day moving average price of $95.95 and a 200 day moving average price of $95.97. The company has a current ratio of 1.68, a quick ratio of 1.68 and a debt-to-equity ratio of 1.19. TransUnion has a 1 year low of $66.07 and a 1 year high of $113.17. The stock has a market cap of $18.70 billion, a price-to-earnings ratio of 83.44, a PEG ratio of 1.16 and a beta of 1.62.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Robeco Institutional Asset Management B.V. lifted its holdings in shares of TransUnion by 26.7% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 207,093 shares of the business services provider’s stock valued at $19,200,000 after acquiring an additional 43,612 shares during the period. Center For Asset Management LLC bought a new position in TransUnion during the 4th quarter valued at about $217,000. KBC Group NV lifted its holdings in TransUnion by 317.6% during the 4th quarter. KBC Group NV now owns 260,007 shares of the business services provider’s stock valued at $24,105,000 after purchasing an additional 197,744 shares during the last quarter. Union Bancaire Privee UBP SA bought a new stake in TransUnion during the fourth quarter worth about $950,000. Finally, Blue Trust Inc. increased its holdings in shares of TransUnion by 14.1% during the fourth quarter. Blue Trust Inc. now owns 1,430 shares of the business services provider’s stock worth $133,000 after buying an additional 177 shares in the last quarter.

Insiders Place Their Bets

In related news, insider Todd C. Skinner sold 3,090 shares of the company’s stock in a transaction on Friday, November 29th. The stock was sold at an average price of $101.48, for a total value of $313,573.20. Following the completion of the transaction, the insider now directly owns 24,333 shares in the company, valued at approximately $2,469,312.84. This represents a 11.27 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Steven M. Chaouki sold 1,500 shares of TransUnion stock in a transaction on Friday, November 8th. The stock was sold at an average price of $105.66, for a total transaction of $158,490.00. Following the sale, the insider now owns 62,988 shares in the company, valued at $6,655,312.08. This represents a 2.33 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 19,090 shares of company stock worth $1,916,758 in the last ninety days. Insiders own 0.22% of the company’s stock.

TransUnion Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, December 9th. Shareholders of record on Friday, November 22nd were issued a $0.105 dividend. This represents a $0.42 dividend on an annualized basis and a yield of 0.44%. The ex-dividend date of this dividend was Friday, November 22nd. TransUnion’s dividend payout ratio (DPR) is presently 36.52%.

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.