Parallel Advisors LLC decreased its position in TransUnion (NYSE:TRU – Free Report) by 29.5% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 651 shares of the business services provider’s stock after selling 272 shares during the period. Parallel Advisors LLC’s holdings in TransUnion were worth $57,000 at the end of the most recent quarter.
Other large investors have also recently added to or reduced their stakes in the company. Integrated Investment Consultants LLC boosted its holdings in TransUnion by 1.4% in the 1st quarter. Integrated Investment Consultants LLC now owns 11,380 shares of the business services provider’s stock valued at $944,000 after purchasing an additional 162 shares in the last quarter. Rovin Capital UT ADV boosted its stake in shares of TransUnion by 3.2% in the first quarter. Rovin Capital UT ADV now owns 6,232 shares of the business services provider’s stock valued at $517,000 after buying an additional 195 shares in the last quarter. New Century Financial Group LLC grew its holdings in TransUnion by 8.7% during the first quarter. New Century Financial Group LLC now owns 2,643 shares of the business services provider’s stock worth $219,000 after acquiring an additional 212 shares during the period. Fifth Third Bancorp raised its position in TransUnion by 105.3% in the first quarter. Fifth Third Bancorp now owns 423 shares of the business services provider’s stock worth $35,000 after acquiring an additional 217 shares in the last quarter. Finally, PNC Financial Services Group Inc. raised its position in TransUnion by 8.5% in the first quarter. PNC Financial Services Group Inc. now owns 2,867 shares of the business services provider’s stock worth $238,000 after acquiring an additional 225 shares in the last quarter.
Analyst Upgrades and Downgrades
A number of equities analysts have recently weighed in on TRU shares. Oppenheimer upped their price target on shares of TransUnion from $100.00 to $108.00 and gave the stock an “outperform” rating in a research note on Tuesday, July 8th. Wall Street Zen lowered shares of TransUnion from a “buy” rating to a “hold” rating in a research report on Sunday, August 3rd. UBS Group reiterated a “neutral” rating and set a $105.00 price target (up from $98.00) on shares of TransUnion in a research report on Friday, July 25th. BMO Capital Markets boosted their price target on TransUnion from $115.00 to $118.00 and gave the stock an “outperform” rating in a research note on Friday, July 25th. Finally, Wells Fargo & Company dropped their price objective on 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, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $112.64.
Insiders Place Their Bets
In other TransUnion news, insider Steven M. Chaouki sold 1,000 shares of TransUnion stock in a transaction on Tuesday, July 1st. The shares were sold at an average price of $87.14, for a total value of $87,140.00. Following the transaction, the insider owned 74,393 shares in the company, valued at $6,482,606.02. This trade represents a 1.33% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, 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 value of $480,383.37. Following the sale, the executive vice president owned 23,011 shares of the company’s stock, valued at approximately $2,071,220.11. The trade was a 18.83% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 10,309 shares of company stock valued at $923,789 over the last quarter. Company insiders own 0.22% of the company’s stock.
TransUnion Stock Performance
Shares of TRU opened at $84.29 on Friday. TransUnion has a 1 year low of $66.38 and a 1 year high of $113.17. The company’s 50 day simple moving average is $90.87 and its 200 day simple moving average is $86.66. The company has a debt-to-equity ratio of 1.09, a quick ratio of 2.02 and a current ratio of 2.03. The company has a market capitalization of $16.42 billion, a price-to-earnings ratio of 42.15, a PEG ratio of 2.44 and a beta of 1.71.
TransUnion (NYSE:TRU – Get Free Report) last released its earnings results on Thursday, July 24th. The business services provider reported $1.08 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 during the quarter, compared to analyst estimates of $1.10 billion. During the same period in the prior year, the firm posted $0.99 earnings per share. The business’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. On average, sell-side analysts predict that TransUnion will post 3.99 EPS for the current year.
TransUnion Dividend Announcement
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 0.5%. 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.
Featured Articles
- Five stocks we like better than TransUnion
- How to Find Undervalued Stocks
- Lower Rates Put RV Stocks Back in the Fast Lane
- Pets Are Big Business: 4 Big-Ticket Pet Stocks to Add to Your Portfolio
- Alphabet: Time to Take Profits, Buy, or Wait for a Pullback?
- Best ESG Stocks: 11 Best Stocks for ESG Investing
- Hershey vs. Mondelez: Which Stock Wins Chocolate Season?
Want to see what other hedge funds are holding TRU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for TransUnion (NYSE:TRU – Free Report).
Receive News & Ratings for TransUnion Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TransUnion and related companies with MarketBeat.com's FREE daily email newsletter.