Bamco Inc. NY Buys Shares of 544,036 TransUnion $TRU

Bamco Inc. NY bought a new stake in TransUnion (NYSE:TRU - Free Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 544,036 shares of the business services provider's stock, valued at approximately $39,247,000. Bamco Inc. NY owned about 0.28% of TransUnion as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of TRU. Royal Bank of Canada raised its stake in shares of TransUnion by 85.3% during the first quarter. Royal Bank of Canada now owns 75,761 shares of the business services provider's stock valued at $6,288,000 after acquiring an additional 34,867 shares during the last quarter. Geneos Wealth Management Inc. raised its stake in TransUnion by 1,318.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 312 shares of the business services provider's stock worth $26,000 after buying an additional 290 shares during the period. Invesco Ltd. lifted its holdings in shares of TransUnion by 4.5% in the 2nd quarter. Invesco Ltd. now owns 578,599 shares of the business services provider's stock worth $50,917,000 after purchasing an additional 24,736 shares in the last quarter. EverSource Wealth Advisors LLC grew its holdings in shares of TransUnion by 59.5% during the second quarter. EverSource Wealth Advisors LLC now owns 528 shares of the business services provider's stock valued at $46,000 after buying an additional 197 shares during the last quarter. Finally, The Manufacturers Life Insurance Company increased its holdings in TransUnion by 2.2% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 576,019 shares of the business services provider's stock worth $50,690,000 after purchasing an additional 12,280 shares in the last quarter.

TransUnion Stock Down 0.6%

Shares of TransUnion stock opened at $84.48 on Thursday. The company has a current ratio of 1.90, a quick ratio of 1.90 and a debt-to-equity ratio of 1.07. TransUnion has a 12-month low of $63.37 and a 12-month high of $95.50. The company has a market cap of $16.19 billion, a P/E ratio of 22.29, a PEG ratio of 1.40 and a beta of 1.53. The company's fifty day simple moving average is $77.37 and its two-hundred day simple moving average is $73.62.

TransUnion (NYSE:TRU - Get Free Report) last issued its quarterly 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. TransUnion had a return on equity of 16.29% and a net margin of 15.08%.The company had revenue of $1.31 billion for the quarter, compared to analysts' expectations of $1.28 billion. During the same period in the prior year, the firm earned $1.08 earnings per share. The firm's revenue for the quarter 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. Research analysts anticipate that TransUnion will post 4.24 EPS for the current year.

TransUnion Announces Dividend

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

Insider Activity at TransUnion

In related news, insider Todd C. Skinner sold 1,000 shares of the firm's stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $72.64, for a total value of $72,640.00. Following the sale, the insider owned 64,634 shares in the company, 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 can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Heather J. Russell sold 6,683 shares of the business's stock in a transaction dated Friday, May 29th. The shares were sold at an average price of $71.87, for a total value of $480,307.21. Following the sale, the executive vice president owned 45,248 shares of the company's stock, valued at approximately $3,251,973.76. This represents a 12.87% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 58,773 shares of company stock valued at $4,615,228 over the last quarter. 0.37% of the stock is owned by company insiders.

Analyst Ratings Changes

TRU has been the topic of several analyst reports. Morgan Stanley restated an "overweight" rating and set a $106.00 price target on shares of TransUnion in a report on Wednesday, July 29th. Needham & Company LLC raised their price target on TransUnion from $95.00 to $100.00 and gave the stock a "buy" rating in a report on Wednesday, July 29th. UBS Group increased their target price 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. Weiss Ratings raised TransUnion from a "hold (c-)" rating to a "hold (c)" rating in a report on Thursday, August 13th. Finally, Griffin Securities set a $98.00 price target on TransUnion in a research report on Wednesday, July 29th. Ten equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $94.38.

TransUnion Company 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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