Sumitomo Mitsui Trust Group Inc. Has $27.25 Million Position in TransUnion $TRU

Sumitomo Mitsui Trust Group Inc. cut its stake in TransUnion (NYSE:TRU) by 6.6% during the 1st quarter, Holdings Channel.com reports. The firm owned 393,818 shares of the business services provider’s stock after selling 27,641 shares during the period. Sumitomo Mitsui Trust Group Inc.’s holdings in TransUnion were worth $27,248,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently modified their holdings of TRU. Dodge & Cox acquired a new position in TransUnion in the 4th quarter valued at about $843,952,000. Independent Franchise Partners LLP grew its position in shares of TransUnion by 99.7% in the fourth quarter. Independent Franchise Partners LLP now owns 9,136,903 shares of the business services provider’s stock valued at $783,489,000 after purchasing an additional 4,561,619 shares during the last quarter. State Street Corp grew its position in shares of TransUnion by 62.2% in the third quarter. State Street Corp now owns 6,781,771 shares of the business services provider’s stock valued at $568,177,000 after purchasing an additional 2,600,425 shares during the last quarter. Invesco Ltd. increased its stake in shares of TransUnion by 355.9% during the third quarter. Invesco Ltd. now owns 2,637,776 shares of the business services provider’s stock worth $220,993,000 after purchasing an additional 2,059,177 shares during the period. Finally, Danica Pension Livsforsikringsaktieselskab acquired a new stake in TransUnion during the 3rd quarter worth approximately $109,156,000.

Analysts Set New Price Targets

A number of research analysts have commented on the company. JPMorgan Chase & Co. decreased their price objective on TransUnion from $95.00 to $90.00 and set an “overweight” rating on the stock in a report on Wednesday, April 29th. Robert W. Baird set a $108.00 price target on shares of TransUnion in a research note on Wednesday, April 29th. Mizuho dropped their price objective on shares of TransUnion from $88.00 to $77.00 and set a “neutral” rating for the company in a research note on Thursday, July 2nd. UBS Group boosted their price objective on shares of TransUnion from $72.00 to $77.00 and gave the company a “neutral” rating in a report on Thursday, July 2nd. Finally, Needham & Company LLC restated a “buy” rating and set a $95.00 target price on shares of TransUnion in a research report on Wednesday, April 29th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $91.60.

Insider Activity at TransUnion

In other news, insider Steven M. Chaouki sold 10,000 shares of the company’s stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $72.64, for a total value of $726,400.00. Following the completion of the transaction, the insider owned 89,906 shares of the company’s stock, valued at $6,530,771.84. This represents a 10.01% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Jennifer A. Williams sold 972 shares of the company’s stock in a transaction that occurred on Tuesday, July 7th. The shares were sold at an average price of $80.00, for a total transaction of $77,760.00. Following the completion of the transaction, the chief accounting officer owned 5,843 shares of the company’s stock, valued at approximately $467,440. This trade represents a 14.26% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 32,138 shares of company stock worth $2,335,742. Corporate insiders own 0.37% of the company’s stock.

TransUnion Price Performance

TRU stock opened at $76.27 on Tuesday. The company’s 50-day moving average price is $70.44 and its two-hundred day moving average price is $74.25. The firm has a market cap of $14.71 billion, a P/E ratio of 21.13, a P/E/G ratio of 1.34 and a beta of 1.55. The company has a quick ratio of 1.93, a current ratio of 1.93 and a debt-to-equity ratio of 1.10. TransUnion has a 12 month low of $63.37 and a 12 month high of $99.39.

TransUnion (NYSE:TRU) last issued its quarterly earnings results on Tuesday, April 28th. The business services provider reported $1.18 earnings per share for the quarter, topping analysts’ consensus estimates of $1.11 by $0.07. The company had revenue of $1.25 billion during the quarter, compared to the consensus estimate of $1.21 billion. TransUnion had a net margin of 14.91% and a return on equity of 16.09%. The firm’s quarterly revenue was up 13.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.05 EPS. TransUnion has set its Q2 2026 guidance at 1.130-1.150 EPS. On average, analysts anticipate that TransUnion will post 4.14 earnings per share for the current fiscal year.

TransUnion Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, June 11th. Stockholders of record on Wednesday, May 27th were issued a $0.125 dividend. The ex-dividend date of this dividend was Wednesday, May 27th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 0.7%. TransUnion’s dividend payout ratio is 13.85%.

TransUnion Company Profile

TransUnion is a global information and insights company that helps businesses and consumers make critical decisions using data and analytics. As one of the three major credit bureaus in the United States, TransUnion collects and aggregates credit information on individuals and businesses, providing credit reports, risk scores and portfolio management tools to financial institutions, lenders, landlords and other decision makers. Its consumer-facing products enable individuals to monitor credit status, detect identity theft and access personalized financial insights.

The company’s offerings span credit risk assessment, identity management, fraud prevention and marketing solutions.