1,256,532 Shares in TransUnion $TRU Bought by Bank of New York Mellon Corp

Bank of New York Mellon Corp bought a new stake in shares of TransUnion (NYSE:TRU - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 1,256,532 shares of the business services provider's stock, valued at approximately $90,646,000. Bank of New York Mellon Corp owned about 0.66% of TransUnion at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Mirabaud Asset Management Ltd lifted its position in shares of TransUnion by 49.3% during the fourth quarter. Mirabaud Asset Management Ltd now owns 76,844 shares of the business services provider's stock worth $7,221,000 after purchasing an additional 25,381 shares in the last quarter. Wealth High Governance Capital Ltda acquired a new position in shares of TransUnion in the fourth quarter valued at approximately $10,466,000. Financiere des Professionnels Fonds d investissement inc. increased its stake in TransUnion by 18.6% during the 4th quarter. Financiere des Professionnels Fonds d investissement inc. now owns 292,452 shares of the business services provider's stock worth $25,078,000 after buying an additional 45,840 shares during the period. BNP Paribas Financial Markets lifted its holdings in TransUnion by 280.6% during the 4th quarter. BNP Paribas Financial Markets now owns 269,550 shares of the business services provider's stock worth $23,114,000 after buying an additional 198,726 shares in the last quarter. Finally, PBCay One RSC Ltd acquired a new stake in TransUnion during the 4th quarter worth approximately $52,131,000.

Wall Street Analysts Forecast Growth

TRU has been the subject of a number of recent research reports. UBS Group lifted their price target on shares of TransUnion from $72.00 to $77.00 and gave the stock a "neutral" rating in a research note on Thursday, July 2nd. The Goldman Sachs Group restated a "neutral" rating and issued a $82.00 price objective on shares of TransUnion in a report on Tuesday, July 28th. JPMorgan Chase & Co. decreased their price objective on shares of TransUnion from $95.00 to $90.00 and set an "overweight" rating for the company in a research report on Wednesday, April 29th. BMO Capital Markets boosted their target price on shares of TransUnion from $85.00 to $98.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 29th. Finally, Wells Fargo & Company increased their target price on TransUnion from $90.00 to $102.00 and gave the company an "overweight" rating in a report on Wednesday, July 29th. Ten analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $94.38.

Insider Activity

In other news, insider Todd C. Skinner sold 1,000 shares of the stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $72.64, for a total transaction of $72,640.00. Following the transaction, the insider owned 64,634 shares of the company's stock, valued at approximately $4,695,013.76. This trade represents a 1.52% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Alicia Brooke Zuiker sold 8,673 shares of the business's stock in a transaction on Tuesday, August 11th. The shares were sold at an average price of $78.49, for a total transaction of $680,743.77. Following the sale, the executive vice president owned 41,883 shares of the company's stock, valued at approximately $3,287,396.67. The trade was a 17.16% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 58,773 shares of company stock worth $4,615,228 in the last ninety days. 0.37% of the stock is currently owned by company insiders.

TransUnion Stock Performance

Shares of TRU stock opened at $84.79 on Tuesday. The stock has a market capitalization of $16.25 billion, a PE ratio of 22.37, a price-to-earnings-growth ratio of 1.39 and a beta of 1.53. TransUnion has a 52-week low of $63.37 and a 52-week high of $95.50. The stock's 50-day moving average price is $76.64 and its 200 day moving average price is $73.41. The company has a quick ratio of 1.90, a current ratio of 1.90 and a debt-to-equity ratio of 1.07.

TransUnion (NYSE:TRU - Get Free Report) last released its quarterly earnings data on Tuesday, July 28th. The business services provider reported $1.23 EPS for the quarter, topping analysts' consensus estimates of $1.16 by $0.07. TransUnion had a net margin of 15.08% and a return on equity of 16.29%. The firm had revenue of $1.31 billion for the quarter, compared to the consensus estimate of $1.28 billion. During the same quarter in the previous year, the firm earned $1.08 earnings per share. The firm's revenue was up 14.9% on a year-over-year basis. TransUnion has set its Q3 2026 guidance at 1.180-1.210 EPS and its FY 2026 guidance at 4.750-4.830 EPS. As a group, equities research analysts forecast that TransUnion will post 4.24 EPS for the current year.

TransUnion Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, September 4th. Investors of record on Thursday, August 20th will be issued a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a dividend yield of 0.6%. The ex-dividend date is Thursday, August 20th. TransUnion's dividend payout ratio (DPR) is presently 13.19%.

TransUnion 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.

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