Copeland Capital Management LLC Lowers Holdings in TransUnion $TRU

Key Points

• Copeland Capital Management LLC reduced its stake in TransUnion by 9.8% during the 2nd quarter, holding approximately 289,349 shares valued at $25.5 million.
• Multiple hedge funds increased their positions in TransUnion, with Geneos Wealth Management's stake soaring by 1,318.2% in the first quarter, while MassMutual Private Wealth & Trust boosted their position by 132.7% in the second quarter.
• TransUnion's stock was recently downgraded from a "buy" to a "hold" rating by Wall Street Zen, while various analysts have set price targets ranging from $83.00 to $118.00.

Copeland Capital Management LLC trimmed its holdings in TransUnion (NYSE:TRU - Free Report) by 9.8% in the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 289,349 shares of the business services provider's stock after selling 31,490 shares during the period. Copeland Capital Management LLC owned approximately 0.15% of TransUnion worth $25,463,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Geneos Wealth Management Inc. grew its position in TransUnion by 1,318.2% in the first quarter. Geneos Wealth Management Inc. now owns 312 shares of the business services provider's stock worth $26,000 after acquiring an additional 290 shares during the period. MassMutual Private Wealth & Trust FSB boosted its position in shares of TransUnion by 132.7% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 349 shares of the business services provider's stock worth $31,000 after buying an additional 199 shares during the period. Thurston Springer Miller Herd & Titak Inc. boosted its position in shares of TransUnion by 301.0% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 413 shares of the business services provider's stock worth $36,000 after buying an additional 310 shares during the period. Fifth Third Bancorp boosted its position in shares of TransUnion by 105.3% during the first quarter. Fifth Third Bancorp now owns 423 shares of the business services provider's stock worth $35,000 after buying an additional 217 shares during the period. Finally, S Bank Fund Management Ltd purchased a new position in shares of TransUnion during the first quarter worth $44,000.

Insider Transactions at TransUnion

In related news, insider Steven M. Chaouki sold 1,000 shares of the firm's stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $86.12, for a total transaction of $86,120.00. Following the transaction, the insider owned 65,592 shares of the company's stock, valued at $5,648,783.04. This trade represents a 1.50% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CAO Jennifer A. Williams sold 755 shares of the firm's stock in a transaction dated Friday, August 29th. The stock was sold at an average price of $88.46, for a total value of $66,787.30. Following the transaction, the chief accounting officer directly owned 5,691 shares in the company, valued at approximately $503,425.86. This represents a 11.71% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 9,309 shares of company stock worth $836,649. Corporate insiders own 0.22% of the company's stock.

Analyst Ratings Changes

Several research analysts have recently commented on the company. Wall Street Zen lowered TransUnion from a "buy" rating to a "hold" rating in a research report on Sunday, August 3rd. Oppenheimer raised their price target on TransUnion from $100.00 to $108.00 and gave the stock an "outperform" rating in a research report on Tuesday, July 8th. Needham & Company LLC upgraded TransUnion from a "hold" rating to a "buy" rating and set a $115.00 price target for the company in a research report on Wednesday, September 3rd. The Goldman Sachs Group lowered their price target on TransUnion from $96.00 to $83.00 and set a "neutral" rating for the company in a research report on Thursday. Finally, BMO Capital Markets raised their price target on TransUnion from $115.00 to $118.00 and gave the stock an "outperform" rating in a research report on Friday, July 25th. Eleven analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $110.79.

TransUnion Stock Down 10.3%

TransUnion stock opened at $73.82 on Friday. TransUnion has a 1-year low of $66.38 and a 1-year high of $113.17. The company has a debt-to-equity ratio of 1.09, a current ratio of 2.03 and a quick ratio of 2.02. The stock has a market cap of $14.38 billion, a PE ratio of 36.91, a P/E/G ratio of 2.31 and a beta of 1.71. The stock's fifty day moving average is $89.65 and its two-hundred day moving average is $86.63.

TransUnion (NYSE:TRU - Get Free Report) last posted its quarterly earnings results on Thursday, July 24th. The business services provider reported $1.08 earnings per share for the quarter, beating analysts' consensus estimates of $0.99 by $0.09. TransUnion had a return on equity of 16.08% and a net margin of 8.99%.The company had revenue of $1.14 billion for the quarter, compared to analysts' expectations of $1.10 billion. During the same period last year, the firm earned $0.99 earnings per share. TransUnion's quarterly revenue was up 9.5% on a year-over-year basis. TransUnion has set its FY 2025 guidance at 4.030-4.140 EPS. Q3 2025 guidance at 0.990-1.040 EPS. On average, sell-side analysts expect that TransUnion will post 3.99 EPS for the current fiscal year.

TransUnion Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 8th. Stockholders of record on Friday, August 22nd were given a dividend of $0.115 per share. The ex-dividend date was Friday, August 22nd. This represents a $0.46 dividend on an annualized basis and a dividend yield of 0.6%. TransUnion's payout ratio is 23.00%.

TransUnion 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.

Want to see what other hedge funds are holding TRU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for TransUnion (NYSE:TRU - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.