Public Employees Retirement System of Ohio Invests $4.30 Million in TransUnion $TRU

Key Points

• Public Employees Retirement System of Ohio bought 59,606 TransUnion shares worth approximately $4.3 million during the second quarter, joining several institutional investors that increased their holdings.
• Analysts remain broadly positive, with TransUnion carrying a “Moderate Buy” consensus rating and an average price target of $94.38; the company recently exceeded quarterly earnings and revenue expectations.
• TransUnion shares opened at $84.96, while the company declared a quarterly dividend of $0.125 per share, equal to a $0.50 annualized payout and a 0.6% yield.

Public Employees Retirement System of Ohio purchased a new stake in shares of TransUnion (NYSE:TRU - Free Report) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor purchased 59,606 shares of the business services provider's stock, valued at approximately $4,300,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Royal Bank of Canada increased its stake in TransUnion by 85.3% in the first quarter. Royal Bank of Canada now owns 75,761 shares of the business services provider's stock worth $6,288,000 after purchasing an additional 34,867 shares during the period. Geneos Wealth Management Inc. grew its holdings in shares of 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 purchasing an additional 290 shares during the last quarter. Invesco Ltd. increased its stake in TransUnion by 4.5% in the 2nd quarter. Invesco Ltd. now owns 578,599 shares of the business services provider's stock worth $50,917,000 after buying an additional 24,736 shares during the period. EverSource Wealth Advisors LLC lifted its holdings in TransUnion by 59.5% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 528 shares of the business services provider's stock valued at $46,000 after buying an additional 197 shares in the last quarter. Finally, The Manufacturers Life Insurance Company lifted its holdings in TransUnion by 2.2% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 576,019 shares of the business services provider's stock valued at $50,690,000 after buying an additional 12,280 shares in the last quarter.

Analyst Upgrades and Downgrades

A number of brokerages have commented on TRU. Morgan Stanley restated an "overweight" rating and issued a $106.00 target price on shares of TransUnion in a research note on Wednesday, July 29th. BNP Paribas Exane upgraded TransUnion from a "neutral" rating to an "outperform" rating in a report on Tuesday, July 28th. Wells Fargo & Company upped their target price on TransUnion from $90.00 to $102.00 and gave the stock an "overweight" rating in a report on Wednesday, July 29th. Bank of America cut their price target on TransUnion from $83.00 to $80.00 and set a "neutral" rating on the stock in a research note on Tuesday, May 19th. Finally, UBS Group upped their price target on shares of TransUnion from $72.00 to $77.00 and gave the stock a "neutral" rating in a research report on Thursday, July 2nd. Ten analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, TransUnion presently has an average rating of "Moderate Buy" and an average price target of $94.38.

TransUnion Stock Up 3.1%

TransUnion stock opened at $84.96 on Friday. TransUnion has a 1-year low of $63.37 and a 1-year high of $95.50. The business has a fifty day moving average price of $79.59 and a 200-day moving average price of $74.10. The company has a debt-to-equity ratio of 1.07, a current ratio of 1.90 and a quick ratio of 1.90. The stock has a market capitalization of $16.28 billion, a price-to-earnings ratio of 22.42, a PEG ratio of 1.36 and a beta of 1.54.

TransUnion (NYSE:TRU - Get Free Report) last issued its quarterly earnings results on Tuesday, July 28th. The business services provider reported $1.23 earnings per share for the quarter, topping 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 analyst estimates of $1.28 billion. During the same quarter in the previous year, the firm earned $1.08 earnings per share. The company's revenue was up 14.9% on a year-over-year basis. 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 forecast that TransUnion will post 4.24 EPS for the current fiscal year.

TransUnion Announces Dividend

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. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $0.50 dividend on an annualized basis and a yield of 0.6%. TransUnion's dividend payout ratio (DPR) is currently 13.19%.

Insider Activity at TransUnion

In other TransUnion news, insider Todd Skinner sold 1,000 shares of the company's stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $84.42, for a total value of $84,420.00. Following the sale, the insider directly owned 55,764 shares of the company's stock, valued at approximately $4,707,596.88. This represents a 1.76% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Jennifer Williams sold 1,070 shares of the firm's stock in a transaction dated Monday, August 31st. The stock was sold at an average price of $84.57, for a total value of $90,489.90. Following the sale, the chief accounting officer directly owned 4,327 shares in the company, valued at approximately $365,934.39. This trade represents a 19.83% 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. Insiders sold a total of 49,160 shares of company stock valued at $3,969,871 over the last ninety days. Corporate insiders own 0.37% of the company's stock.

About TransUnion

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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