Credit Agricole S A Sells 12,709 Shares of TransUnion $TRU

Key Points

• Credit Agricole S A reduced its stake in TransUnion by 7.1%, selling 12,709 shares and now owning approximately 0.09% of the company valued at $13.88 million.
• TransUnion's quarterly earnings exceeded analyst estimates, reporting $1.08 per share with revenues of $1.14 billion, a 9.5% increase year-over-year.
• The company declared a quarterly dividend of $0.115 per share, representing a dividend yield of 0.5%, with the ex-dividend date on August 22nd.

Credit Agricole S A decreased its position in shares of TransUnion (NYSE:TRU - Free Report) by 7.1% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 167,262 shares of the business services provider's stock after selling 12,709 shares during the period. Credit Agricole S A owned approximately 0.09% of TransUnion worth $13,881,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also bought and sold shares of the company. Teacher Retirement System of Texas bought a new position in TransUnion during the first quarter valued at $2,364,000. Bank of New York Mellon Corp increased its position in TransUnion by 1.3% during the first quarter. Bank of New York Mellon Corp now owns 1,167,843 shares of the business services provider's stock valued at $96,919,000 after acquiring an additional 15,030 shares during the last quarter. Charles Schwab Investment Management Inc. grew its holdings in shares of TransUnion by 1.8% in the first quarter. Charles Schwab Investment Management Inc. now owns 712,890 shares of the business services provider's stock worth $59,163,000 after purchasing an additional 12,372 shares during the last quarter. LPL Financial LLC grew its holdings in shares of TransUnion by 7.1% in the first quarter. LPL Financial LLC now owns 58,161 shares of the business services provider's stock worth $4,827,000 after purchasing an additional 3,869 shares during the last quarter. Finally, Citigroup Inc. grew its holdings in shares of TransUnion by 20.7% in the first quarter. Citigroup Inc. now owns 139,238 shares of the business services provider's stock worth $11,555,000 after purchasing an additional 23,915 shares during the last quarter.

Analyst Ratings Changes

A number of research firms have recently commented on TRU. Needham & Company LLC restated a "hold" rating on shares of TransUnion in a report on Friday, July 25th. Oppenheimer upped their price target on shares of TransUnion from $100.00 to $108.00 and gave the stock an "outperform" rating in a report on Tuesday, July 8th. BMO Capital Markets upped their price target on shares of TransUnion from $115.00 to $118.00 and gave the stock an "outperform" rating in a report on Friday, July 25th. Stifel Nicolaus cut their price target on shares of TransUnion from $120.00 to $112.00 and set a "buy" rating on the stock in a report on Friday, April 25th. Finally, Wall Street Zen cut shares of TransUnion from a "buy" rating to a "hold" rating in a report on Sunday, August 3rd. Ten research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, TransUnion presently has an average rating of "Moderate Buy" and an average target price of $112.46.

Insider Activity

In other TransUnion news, CAO Jennifer A. Williams sold 972 shares of the stock in a transaction dated Monday, August 4th. The shares were sold at an average price of $92.89, for a total transaction of $90,289.08. Following the completion of the sale, the chief accounting officer directly owned 7,108 shares of the company's stock, valued at approximately $660,262.12. This represents a 12.03% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Steven M. Chaouki sold 1,000 shares of the stock in a transaction dated Friday, August 8th. The shares were sold at an average price of $91.21, for a total transaction of $91,210.00. Following the sale, the insider directly owned 73,393 shares of the company's stock, valued at approximately $6,694,175.53. The trade was a 1.34% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 3,972 shares of company stock valued at $353,549. Insiders own 0.22% of the company's stock.

TransUnion Stock Down 0.5%

NYSE:TRU opened at $87.7680 on Thursday. TransUnion has a 1-year low of $66.38 and a 1-year high of $113.17. The company has a 50-day moving average of $90.76 and a 200 day moving average of $87.40. The firm has a market cap of $17.10 billion, a PE ratio of 43.88, a price-to-earnings-growth ratio of 2.46 and a beta of 1.65. The company has a debt-to-equity ratio of 1.09, a current ratio of 2.03 and a quick ratio of 2.02.

TransUnion (NYSE:TRU - Get Free Report) last released its quarterly earnings data on Thursday, July 24th. The business services provider reported $1.08 earnings per share for the quarter, topping analysts' consensus estimates of $0.99 by $0.09. TransUnion had a net margin of 8.99% and a return on equity of 16.08%. The company had revenue of $1.14 billion during the quarter, compared to analyst estimates of $1.10 billion. During the same period in the prior year, the firm earned $0.99 earnings per share. The firm's revenue for the quarter was up 9.5% compared to the same quarter last year. TransUnion has set its FY 2025 guidance at 4.030-4.140 EPS. Q3 2025 guidance at 0.990-1.040 EPS. As a group, research analysts anticipate that TransUnion will post 3.99 EPS for the current fiscal year.

TransUnion Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, September 8th. Shareholders of record on Friday, August 22nd will be given a dividend of $0.115 per share. This represents a $0.46 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend is Friday, August 22nd. TransUnion's dividend payout ratio is presently 23.00%.

TransUnion Company 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.

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