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Danske Bank A S Makes New $4.28 Million Investment in TransUnion $TRU

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Key Points

  • Danske Bank A/S purchased 59,387 TransUnion shares during the second quarter, establishing a new position valued at approximately $4.28 million.
  • Analysts maintain a generally positive outlook, with 10 Buy ratings and six Holds producing a “Moderate Buy” consensus and an average price target of $94.38.
  • TransUnion exceeded quarterly earnings and revenue expectations, while insiders sold 58,773 shares worth about $4.62 million over the past three months; the company also declared a quarterly dividend of $0.125 per share.
  • Five stocks to consider instead of TransUnion.

Danske Bank A S bought a new position in shares of TransUnion (NYSE:TRU - Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 59,387 shares of the business services provider's stock, valued at approximately $4,284,000.

Several other hedge funds have also added to or reduced their stakes in the business. Geneos Wealth Management Inc. lifted 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 valued at $26,000 after acquiring an additional 290 shares in the last quarter. Cornerstone Planning Group LLC grew its position in shares of TransUnion by 130.2% in the fourth quarter. Cornerstone Planning Group LLC now owns 389 shares of the business services provider's stock valued at $32,000 after purchasing an additional 220 shares in the last quarter. Measured Wealth Private Client Group LLC purchased a new stake in TransUnion during the 3rd quarter worth about $36,000. Osterweis Capital Management Inc. bought a new stake in shares of TransUnion during the second quarter valued at about $45,000. Finally, EverSource Wealth Advisors LLC lifted its stake in TransUnion by 59.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 528 shares of the business services provider's stock worth $46,000 after purchasing an additional 197 shares in the last quarter.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on TRU shares. Wells Fargo & Company upped their price target on shares of TransUnion from $90.00 to $102.00 and gave the company an "overweight" rating in a report on Wednesday, July 29th. Wall Street Zen downgraded shares of TransUnion from a "buy" rating to a "hold" rating in a report on Sunday, August 9th. 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. JPMorgan Chase & Co. decreased their price objective on TransUnion from $95.00 to $90.00 and set an "overweight" rating for the company in a research note on Wednesday, April 29th. Finally, Stifel Nicolaus lifted their price objective on shares of TransUnion from $88.00 to $96.00 and gave the stock a "buy" rating in a research note on Wednesday, July 29th. Ten research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $94.38.

Read Our Latest Report on TRU

Insider Buying and Selling at TransUnion

In related news, EVP Alicia Brooke Zuiker sold 8,673 shares of the stock in a transaction dated Tuesday, August 11th. The stock was sold at an average price of $78.49, for a total value of $680,743.77. Following the completion of the sale, the executive vice president directly owned 41,883 shares of the company's stock, valued at approximately $3,287,396.67. This represents a 17.16% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Mohamed Abdelsadek sold 23,495 shares of the company's stock in a transaction 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 completion of the sale, the executive vice president owned 57,182 shares of the company's stock, valued at $4,860,470. This represents a 29.12% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 58,773 shares of company stock valued at $4,615,228. Corporate insiders own 0.37% of the company's stock.

TransUnion Stock Down 0.3%

TransUnion stock opened at $84.82 on Friday. The company has a market capitalization of $16.25 billion, a P/E ratio of 22.38, a PEG ratio of 1.40 and a beta of 1.53. TransUnion has a fifty-two week low of $63.37 and a fifty-two week high of $95.50. The stock has a 50-day simple moving average of $76.29 and a 200-day simple moving average of $73.31. The company has a debt-to-equity ratio of 1.07, a quick ratio of 1.90 and a current ratio of 1.90.

TransUnion (NYSE:TRU - Get Free Report) last posted 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. The company had revenue of $1.31 billion during 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%. The company's revenue for the quarter was up 14.9% on a year-over-year basis. During the same period last 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. Equities research analysts expect that TransUnion will post 4.24 earnings per share for the current year.

TransUnion Dividend Announcement

The firm 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 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date is Thursday, August 20th. TransUnion's payout ratio is 13.19%.

TransUnion Company Profile

(Free Report)

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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Institutional Ownership by Quarter for TransUnion (NYSE:TRU)

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