Allspring Global Investments Holdings LLC reduced its holdings in TransUnion (NYSE:TRU – Free Report) by 0.4% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 440,395 shares of the business services provider’s stock after selling 1,614 shares during the quarter. Allspring Global Investments Holdings LLC owned about 0.23% of TransUnion worth $39,592,000 as of its most recent filing with the SEC.
Several other large investors have also made changes to their positions in TRU. Park Avenue Securities LLC lifted its stake in TransUnion by 2.2% during the second quarter. Park Avenue Securities LLC now owns 7,193 shares of the business services provider’s stock worth $633,000 after purchasing an additional 155 shares during the period. Integrated Investment Consultants LLC lifted its position in shares of TransUnion by 1.4% during the 1st quarter. Integrated Investment Consultants LLC now owns 11,380 shares of the business services provider’s stock worth $944,000 after buying an additional 162 shares during the period. Rovin Capital UT ADV boosted its stake in TransUnion by 3.2% in the 1st 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. MassMutual Private Wealth & Trust FSB grew its position in TransUnion by 132.7% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 349 shares of the business services provider’s stock valued at $31,000 after acquiring an additional 199 shares during the period. Finally, Fifth Third Bancorp raised its stake in TransUnion by 105.3% during 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.
Insider Buying and Selling
In related news, EVP Heather J. Russell sold 5,337 shares of the company’s stock in a transaction dated Friday, September 5th. The stock was sold at an average price of $90.01, for a total value of $480,383.37. Following the completion of the sale, the executive vice president owned 23,011 shares in the company, valued at approximately $2,071,220.11. This represents a 18.83% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Steven M. Chaouki sold 1,000 shares of the stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $83.19, for a total value of $83,190.00. Following the completion of the transaction, the insider directly owned 64,592 shares in the company, valued at $5,373,408.48. The trade was a 1.52% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 10,309 shares of company stock valued at $919,839 over the last three months. Company insiders own 0.22% of the company’s stock.
TransUnion Stock Performance
TransUnion (NYSE:TRU – Get Free Report) last issued its quarterly earnings results on Thursday, July 24th. The business services provider reported $1.08 EPS for the quarter, topping the consensus estimate of $0.99 by $0.09. The company had revenue of $1.14 billion during the quarter, compared to analysts’ expectations of $1.10 billion. TransUnion had a net margin of 8.99% and a return on equity of 16.08%. TransUnion’s revenue was up 9.5% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.99 EPS. TransUnion has set its FY 2025 guidance at 4.030-4.140 EPS. Q3 2025 guidance at 0.990-1.040 EPS. Equities analysts predict that TransUnion will post 3.99 earnings per share for the current year.
TransUnion Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Monday, September 8th. Stockholders of record on Friday, August 22nd were given a $0.115 dividend. This represents a $0.46 annualized dividend and a dividend yield of 0.6%. The ex-dividend date was Friday, August 22nd. TransUnion’s dividend payout ratio (DPR) is currently 23.00%.
Analyst Upgrades and Downgrades
Several brokerages have recently commented on TRU. UBS Group restated a “neutral” rating and issued a $105.00 target price (up previously from $98.00) on shares of TransUnion in a research note on Friday, July 25th. Seaport Res Ptn upgraded shares of TransUnion to a “hold” rating in a research report on Wednesday, October 1st. Oppenheimer assumed coverage on shares of TransUnion in a research note on Monday. They set an “outperform” rating and a $93.00 price objective on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of TransUnion in a research note on Wednesday, October 8th. Finally, Wall Street Zen cut TransUnion from a “buy” rating to a “hold” rating in a report on Sunday, August 3rd. Ten research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $108.15.
Read Our Latest Report on TransUnion
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.
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