702,283 Shares in TransUnion $TRU Purchased by Deutsche Bank AG

Key Points

• Deutsche Bank acquired 702,283 TransUnion shares during the second quarter, worth approximately $50.7 million and representing a 0.37% stake. Several other institutional investors also increased or initiated positions.
• TransUnion exceeded quarterly expectations, reporting $1.23 in earnings per share versus the $1.16 consensus and $1.31 billion in revenue, up 14.9% year over year. Analysts maintain a “Moderate Buy” consensus with an average price target of $94.38.
• The company declared a quarterly dividend of $0.125 per share, equivalent to $0.50 annually and a 0.6% yield. Insiders sold 58,773 shares worth about $4.6 million over the past three months.

Deutsche Bank AG bought a new stake in shares of TransUnion (NYSE:TRU - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 702,283 shares of the business services provider's stock, valued at approximately $50,663,000. Deutsche Bank AG owned 0.37% of TransUnion as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of the business. Wealth High Governance Capital Ltda purchased a new position in shares of TransUnion in the 4th quarter valued at $10,466,000. Mirabaud Asset Management Ltd lifted its stake in shares of TransUnion by 49.3% during the 4th 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 during the last quarter. Financiere des Professionnels Fonds d investissement inc. boosted its position in TransUnion by 18.6% during the fourth quarter. Financiere des Professionnels Fonds d investissement inc. now owns 292,452 shares of the business services provider's stock valued at $25,078,000 after purchasing an additional 45,840 shares in the last quarter. BNP Paribas Financial Markets boosted its position in TransUnion by 280.6% during the fourth quarter. BNP Paribas Financial Markets now owns 269,550 shares of the business services provider's stock valued at $23,114,000 after purchasing an additional 198,726 shares in the last quarter. Finally, PBCay One RSC Ltd purchased a new position in TransUnion in the fourth quarter valued at about $52,131,000.

TransUnion Stock Performance

Shares of TransUnion stock opened at $85.08 on Friday. The company has a 50 day moving average price of $75.92 and a 200 day moving average price of $73.23. The firm has a market capitalization of $16.30 billion, a P/E ratio of 22.45, a PEG ratio of 1.37 and a beta of 1.53. 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 has a 52 week low of $63.37 and a 52 week high of $95.50.

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

TransUnion Announces Dividend

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

Insider Buying and Selling

In other news, EVP Heather J. Russell sold 6,683 shares of the firm's stock in a transaction dated Friday, May 29th. The stock was sold at an average price of $71.87, for a total value of $480,307.21. Following the completion of the transaction, the executive vice president directly owned 45,248 shares in the company, valued at $3,251,973.76. This trade represents a 12.87% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Steven M. Chaouki sold 10,000 shares of TransUnion stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $72.64, for a total value of $726,400.00. Following the sale, the insider directly owned 89,906 shares of the company's stock, valued at $6,530,771.84. This trade represents a 10.01% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 58,773 shares of company stock worth $4,615,228 over the last three months. Corporate insiders own 0.37% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on TRU shares. Needham & Company LLC raised their price target on shares of TransUnion from $95.00 to $100.00 and gave the company a "buy" rating in a report on Wednesday, July 29th. Robert W. Baird increased their target price on shares of TransUnion from $108.00 to $115.00 and gave the company an "outperform" rating in a research report on Wednesday, July 29th. Morgan Stanley restated an "overweight" rating and issued a $106.00 target price on shares of TransUnion in a research note on Wednesday, July 29th. UBS Group upped their price target on TransUnion from $72.00 to $77.00 and gave the stock a "neutral" rating in a research report on Thursday, July 2nd. Finally, Mizuho decreased their price objective on TransUnion from $88.00 to $77.00 and set a "neutral" rating for the company in a report on Thursday, July 2nd. Ten equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $94.38.

About TransUnion

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source