Connor Clark & Lunn Investment Management Ltd. Purchases New Shares in TransUnion $TRU

Connor Clark & Lunn Investment Management Ltd. acquired a new position in shares of TransUnion (NYSE:TRU - Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 18,908 shares of the business services provider's stock, valued at approximately $1,364,000.

Several other hedge funds and other institutional investors have also made changes to their positions in TRU. Global Retirement Partners LLC grew its holdings in TransUnion by 26.1% during the 4th quarter. Global Retirement Partners LLC now owns 690 shares of the business services provider's stock valued at $59,000 after purchasing an additional 143 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC lifted its stake in TransUnion by 14.7% in the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 1,188 shares of the business services provider's stock worth $82,000 after purchasing an additional 152 shares during the last quarter. CIBC Asset Management Inc boosted its position in shares of TransUnion by 2.2% during the fourth quarter. CIBC Asset Management Inc now owns 8,560 shares of the business services provider's stock valued at $734,000 after buying an additional 182 shares during the period. Parallel Advisors LLC grew its stake in shares of TransUnion by 29.5% during the fourth quarter. Parallel Advisors LLC now owns 829 shares of the business services provider's stock valued at $71,000 after buying an additional 189 shares during the last quarter. Finally, IHT Wealth Management LLC grew its stake in shares of TransUnion by 7.9% during the fourth quarter. IHT Wealth Management LLC now owns 2,659 shares of the business services provider's stock valued at $228,000 after buying an additional 195 shares during the last quarter.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on TRU. Griffin Securities set a $98.00 price target on TransUnion in a research note on Wednesday, July 29th. Robert W. Baird upped their price objective on TransUnion from $108.00 to $115.00 and gave the company an "outperform" rating in a research report on Wednesday, July 29th. Morgan Stanley reiterated an "overweight" rating and issued a $106.00 target price on shares of TransUnion in a research note on Wednesday, July 29th. UBS Group lifted their target price on TransUnion from $72.00 to $77.00 and gave the stock a "neutral" rating in a research report on Thursday, July 2nd. Finally, BMO Capital Markets boosted their target price on shares of TransUnion from $85.00 to $98.00 and gave the company an "outperform" rating in a research note on Wednesday, July 29th. Ten analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $94.38.

Insiders Place Their Bets

In other news, EVP Alicia Brooke Zuiker sold 8,673 shares of TransUnion stock in a transaction that occurred on Tuesday, August 11th. The shares were sold at an average price of $78.49, for a total value of $680,743.77. Following the transaction, the executive vice president owned 41,883 shares of the company's stock, valued at $3,287,396.67. The trade was a 17.16% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Mohamed Abdelsadek sold 23,495 shares of the business's stock in a transaction that occurred on Tuesday, July 28th. The stock was sold at an average price of $85.00, for a total transaction of $1,997,075.00. Following the transaction, the executive vice president owned 57,182 shares of the company's stock, valued at approximately $4,860,470. This trade represents a 29.12% 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. In the last ninety days, insiders sold 46,090 shares of company stock worth $3,710,541. Insiders own 0.37% of the company's stock.

TransUnion Stock Up 0.0%

TransUnion stock opened at $85.68 on Monday. The company has a quick ratio of 1.90, a current ratio of 1.90 and a debt-to-equity ratio of 1.07. The firm has a market cap of $16.42 billion, a P/E ratio of 22.61, a P/E/G ratio of 1.41 and a beta of 1.53. The business has a fifty day moving average of $78.18 and a two-hundred day moving average of $73.77. TransUnion has a twelve month low of $63.37 and a twelve month high of $95.50.

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

TransUnion Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, September 4th. Shareholders of record on Thursday, August 20th will be given 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 of this dividend is Thursday, August 20th. TransUnion's dividend payout ratio is presently 13.19%.

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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