Northwestern Mutual Wealth Management Co. Trims Stake in TransUnion $TRU

Key Points

• Northwestern Mutual Wealth Management Co. reduced its position in TransUnion by 72.1%, owning 1,976 shares after selling 5,111 in the first quarter.
• Several hedge funds are adjusting their stakes, with Wellington Management Group increasing its holdings by 61.2% to over 10 million shares worth approximately $902 million.
• TransUnion announced a quarterly dividend of $0.115, yielding 0.5%, set to be paid on September 8th to investors of record.

Northwestern Mutual Wealth Management Co. lessened its stake in shares of TransUnion (NYSE:TRU - Free Report) by 72.1% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,976 shares of the business services provider's stock after selling 5,111 shares during the period. Northwestern Mutual Wealth Management Co.'s holdings in TransUnion were worth $164,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of TRU. Wellington Management Group LLP boosted its holdings in shares of TransUnion by 61.2% in the 1st quarter. Wellington Management Group LLP now owns 10,877,953 shares of the business services provider's stock valued at $902,761,000 after purchasing an additional 4,128,104 shares in the last quarter. Massachusetts Financial Services Co. MA lifted its position in shares of TransUnion by 10.9% during the 1st quarter. Massachusetts Financial Services Co. MA now owns 21,674,473 shares of the business services provider's stock valued at $1,798,765,000 after acquiring an additional 2,134,342 shares during the period. Point72 Asset Management L.P. acquired a new position in TransUnion during the 4th quarter worth approximately $74,283,000. Nuveen LLC acquired a new position in TransUnion during the 1st quarter worth approximately $55,607,000. Finally, Victory Capital Management Inc. increased its holdings in TransUnion by 15.3% during the 1st quarter. Victory Capital Management Inc. now owns 3,146,693 shares of the business services provider's stock worth $261,144,000 after purchasing an additional 418,693 shares in the last quarter.

Analyst Ratings Changes

Several equities analysts recently commented on the company. Needham & Company LLC upgraded TransUnion from a "hold" rating to a "buy" rating and set a $115.00 price objective on the stock in a research note on Wednesday. BMO Capital Markets raised their price objective on TransUnion from $115.00 to $118.00 and gave the company an "outperform" rating in a report on Friday, July 25th. Wells Fargo & Company cut their price target on shares of TransUnion from $124.00 to $118.00 and set an "overweight" rating for the company in a research report on Friday, July 25th. Wall Street Zen cut shares of TransUnion from a "buy" rating to a "hold" rating in a report on Sunday, August 3rd. Finally, Oppenheimer raised their price objective on shares of TransUnion from $100.00 to $108.00 and gave the stock an "outperform" rating in a report on Tuesday, July 8th. Eleven analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, TransUnion presently has a consensus rating of "Moderate Buy" and a consensus target price of $112.64.

TransUnion Stock Performance

NYSE:TRU traded up $1.05 during trading hours on Friday, reaching $90.07. The company had a trading volume of 2,366,578 shares, compared to its average volume of 1,631,844. The company has a current ratio of 2.03, a quick ratio of 2.02 and a debt-to-equity ratio of 1.09. TransUnion has a 52 week low of $66.38 and a 52 week high of $113.17. The firm has a market cap of $17.54 billion, a price-to-earnings ratio of 45.03, a PEG ratio of 2.51 and a beta of 1.71. The firm's 50 day moving average price is $91.26 and its 200-day moving average price is $86.66.

TransUnion (NYSE:TRU - Get Free Report) last posted its earnings results on Thursday, July 24th. The business services provider reported $1.08 EPS 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 business had revenue of $1.14 billion during the quarter, compared to the consensus estimate of $1.10 billion. During the same quarter in the previous year, the firm posted $0.99 EPS. The firm's 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, analysts forecast that TransUnion will post 3.99 EPS for the current year.

TransUnion Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 8th. Stockholders of record on Friday, August 22nd will be paid a $0.115 dividend. This represents a $0.46 annualized dividend and a dividend yield of 0.5%. The ex-dividend date is Friday, August 22nd. TransUnion's dividend payout ratio is 23.00%.

Insider Buying and Selling at TransUnion

In other news, CAO Jennifer A. Williams sold 755 shares of the company's stock in a transaction on Friday, August 29th. The stock was sold at an average price of $88.46, for a total value of $66,787.30. Following the completion of the sale, the chief accounting officer directly owned 5,691 shares in the company, valued at $503,425.86. This represents a 11.71% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, insider Steven M. Chaouki sold 1,000 shares of the company's stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $86.12, for a total value of $86,120.00. Following the completion of the sale, 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 disclosure for this sale can be found here. Insiders sold a total of 4,972 shares of company stock valued at $443,405 over the last 90 days. 0.22% of the stock is currently owned by company insiders.

About TransUnion

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.