Bridges Investment Management Inc. Lowers Holdings in TransUnion $TRU

Bridges Investment Management Inc. reduced its stake in shares of TransUnion (NYSE:TRU) by 11.6% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,912 shares of the business services provider’s stock after selling 382 shares during the quarter. Bridges Investment Management Inc.’s holdings in TransUnion were worth $256,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Teacher Retirement System of Texas bought a new position in shares of TransUnion during the first quarter worth $2,364,000. Bank of New York Mellon Corp boosted its holdings in shares of TransUnion by 1.3% during the 1st quarter. Bank of New York Mellon Corp now owns 1,167,843 shares of the business services provider’s stock valued at $96,919,000 after purchasing an additional 15,030 shares during the last quarter. Charles Schwab Investment Management Inc. grew its position in shares of TransUnion by 1.8% during the first quarter. Charles Schwab Investment Management Inc. now owns 712,890 shares of the business services provider’s stock valued at $59,163,000 after purchasing an additional 12,372 shares in the last quarter. LPL Financial LLC grew its position in shares of TransUnion by 7.1% during the first quarter. LPL Financial LLC now owns 58,161 shares of the business services provider’s stock valued at $4,827,000 after purchasing an additional 3,869 shares in the last quarter. Finally, Citigroup Inc. increased its holdings in shares of TransUnion by 20.7% in the first quarter. Citigroup Inc. now owns 139,238 shares of the business services provider’s stock worth $11,555,000 after purchasing an additional 23,915 shares during the last quarter.

TransUnion Stock Performance

NYSE TRU opened at $78.45 on Friday. The business’s 50 day moving average price is $86.10 and its 200-day moving average price is $86.12. TransUnion has a fifty-two week low of $66.38 and a fifty-two week high of $113.17. The company has a market cap of $15.28 billion, a P/E ratio of 39.23, a P/E/G ratio of 2.09 and a beta of 1.71. The company has a debt-to-equity ratio of 1.09, a quick ratio of 2.02 and a current ratio of 2.03.

TransUnion (NYSE:TRU) last posted its quarterly earnings data 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. 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 analyst estimates of $1.10 billion. During the same period in the previous year, the firm earned $0.99 earnings per share. TransUnion’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. Sell-side analysts predict that TransUnion will post 3.99 earnings per share for the current year.

TransUnion Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 8th. Shareholders of record on Friday, August 22nd were paid a $0.115 dividend. 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 (DPR) is presently 23.00%.

Analyst Ratings Changes

TRU has been the subject of a number of research reports. The Goldman Sachs Group dropped their price target on TransUnion from $96.00 to $83.00 and set a “neutral” rating for the company in a research note on Thursday, October 2nd. Wells Fargo & Company lowered their target price on TransUnion from $124.00 to $118.00 and set an “overweight” rating for the company in a research report on Friday, July 25th. Weiss Ratings reissued a “hold (c)” rating on shares of TransUnion in a report on Wednesday, October 8th. Oppenheimer initiated coverage on shares of TransUnion in a research note on Monday. They set an “outperform” rating and a $93.00 price target on the stock. Finally, UBS Group reiterated a “neutral” rating and set a $105.00 price objective (up previously from $98.00) on shares of TransUnion in a research report on Friday, July 25th. Ten research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $108.15.

Insider Buying and Selling at TransUnion

In other news, EVP Heather J. Russell sold 5,337 shares of the company’s stock in a transaction that occurred 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 transaction, the executive vice president owned 23,011 shares of the company’s stock, 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 filing with the SEC, which can be accessed through this link. Also, CAO Jennifer A. Williams sold 972 shares of the firm’s stock in a transaction that occurred on Monday, August 4th. The stock was sold at an average price of $92.89, for a total value of $90,289.08. Following the sale, the chief accounting officer directly owned 7,108 shares of the company’s stock, valued at $660,262.12. This represents a 12.03% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 10,309 shares of company stock worth $919,839 over the last 90 days. Company insiders own 0.22% of the company’s stock.

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.