Greenleaf Trust trimmed its stake in shares of TransUnion (NYSE:TRU – Free Report) by 20.5% in the second quarter, Holdings Channel.com reports. The fund owned 10,262 shares of the business services provider’s stock after selling 2,650 shares during the period. Greenleaf Trust’s holdings in TransUnion were worth $903,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Massachusetts Financial Services Co. MA raised its stake in shares of TransUnion by 10.9% during the 1st quarter. Massachusetts Financial Services Co. MA now owns 21,674,473 shares of the business services provider’s stock worth $1,798,765,000 after buying an additional 2,134,342 shares during the last quarter. Vanguard Group Inc. raised its stake in shares of TransUnion by 1.1% during the 1st quarter. Vanguard Group Inc. now owns 18,264,902 shares of the business services provider’s stock worth $1,515,804,000 after buying an additional 198,245 shares during the last quarter. Wellington Management Group LLP raised its position in TransUnion by 61.2% during the first quarter. Wellington Management Group LLP now owns 10,877,953 shares of the business services provider’s stock worth $902,761,000 after acquiring an additional 4,128,104 shares during the last quarter. T. Rowe Price Investment Management Inc. raised its position in TransUnion by 0.9% during the first quarter. T. Rowe Price Investment Management Inc. now owns 3,411,925 shares of the business services provider’s stock worth $283,156,000 after acquiring an additional 28,996 shares during the last quarter. Finally, Victory Capital Management Inc. raised its position in TransUnion by 15.3% during the first quarter. Victory Capital Management Inc. now owns 3,146,693 shares of the business services provider’s stock worth $261,144,000 after acquiring an additional 418,693 shares during the last quarter.
Analysts Set New Price Targets
Several research analysts recently issued reports on TRU shares. Oppenheimer lifted their price objective on TransUnion from $100.00 to $108.00 and gave the stock an “outperform” rating in a research report on Tuesday, July 8th. Wall Street Zen cut TransUnion from a “buy” rating to a “hold” rating in a report on Sunday, August 3rd. Needham & Company LLC raised TransUnion from a “hold” rating to a “buy” rating and set a $115.00 price target for the company in a report on Wednesday, September 3rd. BMO Capital Markets boosted their price target on TransUnion from $115.00 to $118.00 and gave the stock an “outperform” rating in a report on Friday, July 25th. Finally, Wells Fargo & Company cut their target price on shares of TransUnion from $124.00 to $118.00 and set an “overweight” rating for the company in a research note on Friday, July 25th. Eleven analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, TransUnion currently has an average rating of “Moderate Buy” and an average target price of $112.92.
Insider Buying and Selling
In other news, EVP Heather J. Russell sold 5,337 shares of the company’s 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 completion of the sale, the executive vice president directly owned 23,011 shares in the company, valued at $2,071,220.11. This represents a 18.83% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, insider Steven M. Chaouki sold 1,000 shares of the company’s stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $86.12, for a total value of $86,120.00. Following the sale, the insider owned 65,592 shares of the company’s stock, valued at approximately $5,648,783.04. The trade was a 1.50% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 9,309 shares of company stock valued at $836,649. Insiders own 0.22% of the company’s stock.
TransUnion Stock Performance
TransUnion stock opened at $82.27 on Thursday. The firm has a market capitalization of $16.03 billion, a P/E ratio of 41.14, a PEG ratio of 2.35 and a beta of 1.72. The stock has a fifty day moving average price of $90.14 and a 200 day moving average price of $86.71. TransUnion has a 52 week low of $66.38 and a 52 week 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.
TransUnion (NYSE:TRU – Get Free Report) last posted its quarterly earnings data on Thursday, July 24th. The business services provider reported $1.08 EPS for the quarter, beating analysts’ consensus estimates of $0.99 by $0.09. TransUnion had a net margin of 8.99% and a return on equity of 16.08%. The company had revenue of $1.14 billion during the quarter, compared to the consensus estimate of $1.10 billion. During the same quarter in the prior year, the company posted $0.99 EPS. The company’s quarterly revenue was up 9.5% compared to the same quarter last year. TransUnion has set its FY 2025 guidance at 4.030-4.140 EPS. Q3 2025 guidance at 0.990-1.040 EPS. Equities research analysts anticipate that TransUnion will post 3.99 earnings per share for the current year.
TransUnion Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Monday, September 8th. Investors of record on Friday, August 22nd were given a dividend of $0.115 per share. The ex-dividend date of this dividend was Friday, August 22nd. This represents a $0.46 annualized dividend and a yield of 0.6%. TransUnion’s dividend payout ratio is 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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