Swedbank AB Has $18.23 Million Stock Position in TransUnion $TRU

Key Points

• Swedbank AB has increased its holdings in TransUnion by 14.8%, now owning approximately 0.11% of the company, valued at $18.2 million.
• Several hedge funds have also boosted their stakes in TransUnion, with Massachusetts Financial Services Co. acquiring the largest position increase of 10.9% during the 1st quarter.
• TransUnion’s stock has exhibited strong performance, reporting a 9.5% increase in quarterly revenue year-over-year and surpassing earnings expectations with $1.08 per share.

Swedbank AB grew its position in shares of TransUnion (NYSE:TRU - Free Report) by 14.8% during the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 207,166 shares of the business services provider's stock after purchasing an additional 26,664 shares during the quarter. Swedbank AB owned 0.11% of TransUnion worth $18,231,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Financiere des Professionnels Fonds d investissement inc. lifted its position in shares of TransUnion by 12.3% during the 2nd quarter. Financiere des Professionnels Fonds d investissement inc. now owns 251,568 shares of the business services provider's stock valued at $22,138,000 after acquiring an additional 27,536 shares during the last quarter. Harbor Capital Advisors Inc. increased its position in shares of TransUnion by 2.1% in the second quarter. Harbor Capital Advisors Inc. now owns 18,327 shares of the business services provider's stock worth $1,613,000 after acquiring an additional 375 shares in the last quarter. MassMutual Private Wealth & Trust FSB lifted its position in shares of TransUnion by 132.7% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 349 shares of the business services provider's stock valued at $31,000 after acquiring an additional 199 shares in the last quarter. Everpar Advisors LLC acquired a new position in TransUnion in the 2nd quarter worth approximately $200,000. Finally, Thurston Springer Miller Herd & Titak Inc. grew its position in TransUnion by 301.0% during the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 413 shares of the business services provider's stock worth $36,000 after purchasing an additional 310 shares in the last quarter.

TransUnion Stock Up 0.6%

TRU stock traded up $0.54 during trading hours on Tuesday, reaching $88.28. 953,960 shares of the stock were exchanged, compared to its average volume of 2,258,992. The firm's 50-day moving average is $91.18 and its 200-day moving average is $86.62. TransUnion has a 12 month low of $66.38 and a 12 month high of $113.17. The company has a market cap of $17.20 billion, a price-to-earnings ratio of 44.17, a PEG ratio of 2.52 and a beta of 1.71. 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 posted its quarterly earnings data on Thursday, July 24th. The business services provider reported $1.08 earnings per share for the quarter, topping the consensus estimate of $0.99 by $0.09. The company had revenue of $1.14 billion during the quarter, compared to analysts' expectations of $1.10 billion. TransUnion had a return on equity of 16.08% and a net margin of 8.99%.TransUnion's revenue for the quarter was up 9.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.99 earnings per share. TransUnion has set its FY 2025 guidance at 4.030-4.140 EPS. Q3 2025 guidance at 0.990-1.040 EPS. On average, equities research analysts expect that TransUnion will post 3.99 earnings per share for the current year.

TransUnion Dividend Announcement

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

Insider Buying and Selling at TransUnion

In related news, EVP Heather J. Russell sold 5,337 shares of the stock in a transaction that occurred on Friday, September 5th. The stock was sold at an average price of $90.01, for a total transaction of $480,383.37. Following the completion of the transaction, the executive vice president directly owned 23,011 shares of the company's stock, valued at approximately $2,071,220.11. This represents a 18.83% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Steven M. Chaouki sold 1,000 shares of the business's stock in a transaction that occurred 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 transaction, the insider directly owned 65,592 shares in the company, valued at $5,648,783.04. This trade represents a 1.50% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 10,309 shares of company stock worth $923,789. Insiders own 0.25% of the company's stock.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on TRU. Needham & Company LLC upgraded TransUnion from a "hold" rating to a "buy" rating and set a $115.00 price target on the stock in a report on Wednesday, September 3rd. Wells Fargo & Company dropped their target price on TransUnion from $124.00 to $118.00 and set an "overweight" rating on the stock in a report on Friday, July 25th. BMO Capital Markets increased their price target on shares of TransUnion from $115.00 to $118.00 and gave the stock an "outperform" rating in a research report on Friday, July 25th. UBS Group restated a "neutral" rating and set a $105.00 price target (up from $98.00) on shares of TransUnion in a report on Friday, July 25th. Finally, Wall Street Zen downgraded shares of TransUnion from a "buy" rating to a "hold" rating in a research report on Sunday, August 3rd. Eleven investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, TransUnion presently has a consensus rating of "Moderate Buy" and a consensus target price of $112.64.

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.