Swedbank AB Has $18.23 Million Stock Holdings 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 stake in TransUnion (NYSE:TRU - Free Report) by 14.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 207,166 shares of the business services provider's stock after buying an additional 26,664 shares during the period. Swedbank AB owned 0.11% of TransUnion worth $18,231,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Wellington Management Group LLP boosted its position in TransUnion by 61.2% during the first quarter. Wellington Management Group LLP now owns 10,877,953 shares of the business services provider's stock worth $902,761,000 after acquiring an additional 4,128,104 shares during the last quarter. Massachusetts Financial Services Co. MA raised its stake in shares of TransUnion by 10.9% in 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. Nuveen LLC acquired a new position in shares of TransUnion in the first quarter valued at approximately $55,607,000. Victory Capital Management Inc. grew 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 acquiring an additional 418,693 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD grew its holdings in TransUnion by 24.5% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 1,770,888 shares of the business services provider's stock worth $146,967,000 after acquiring an additional 348,489 shares in the last quarter.

Analyst Upgrades and Downgrades

Several research firms recently commented on TRU. Oppenheimer upped their price target on shares of TransUnion from $100.00 to $108.00 and gave the company an "outperform" rating in a research report on Tuesday, July 8th. Wall Street Zen cut shares of TransUnion from a "buy" rating to a "hold" rating in a research note on Sunday, August 3rd. Needham & Company LLC raised shares of 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, September 3rd. BMO Capital Markets raised their price target on shares of TransUnion from $115.00 to $118.00 and gave the stock an "outperform" rating in a research note on Friday, July 25th. Finally, UBS Group reiterated a "neutral" rating and set a $105.00 price objective (up from $98.00) on shares of TransUnion in a report on Friday, July 25th. Eleven analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $112.64.

Insider Activity at TransUnion

In other news, EVP Heather J. Russell sold 5,337 shares of the business's stock in a transaction on Friday, September 5th. The shares were sold at an average price of $90.01, for a total value of $480,383.37. Following the completion of the sale, the executive vice president directly owned 23,011 shares in the company, valued at approximately $2,071,220.11. The trade was a 18.83% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Jennifer A. Williams sold 972 shares of the company's stock in a transaction on Monday, August 4th. The shares were sold at an average price of $92.89, for a total transaction of $90,289.08. Following the transaction, the chief accounting officer owned 7,108 shares of the company's stock, valued at approximately $660,262.12. The trade was a 12.03% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 10,309 shares of company stock valued at $923,789. Corporate insiders own 0.25% of the company's stock.

TransUnion Stock Performance

TRU stock traded down $2.30 on Monday, reaching $87.60. The company's stock had a trading volume of 3,140,912 shares, compared to its average volume of 2,266,534. The company has a market capitalization of $17.07 billion, a P/E ratio of 43.80, a price-to-earnings-growth 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. The firm has a fifty day moving average of $91.27 and a two-hundred day moving average of $86.61. TransUnion has a 52 week low of $66.38 and a 52 week high of $113.17.

TransUnion (NYSE:TRU - Get Free Report) last released its earnings results on Thursday, July 24th. The business services provider reported $1.08 EPS for the quarter, beating the consensus estimate of $0.99 by $0.09. The firm had revenue of $1.14 billion for the quarter, compared to analysts' expectations of $1.10 billion. TransUnion had a net margin of 8.99% and a return on equity of 16.08%. TransUnion's quarterly revenue was up 9.5% on a year-over-year basis. During the same quarter last year, the company earned $0.99 EPS. 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, analysts predict that TransUnion will post 3.99 EPS for the current fiscal year.

TransUnion Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 8th. Investors of record on Friday, August 22nd were given a dividend of $0.115 per share. The ex-dividend date of this dividend was Friday, August 22nd. This represents a $0.46 dividend on an annualized basis and a yield of 0.5%. TransUnion's payout ratio is presently 23.00%.

TransUnion 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.