TransUnion $TRU Shares Purchased by Assenagon Asset Management S.A.

Key Points

• Assenagon Asset Management S.A. increased its holdings in TransUnion by 583.1% during the second quarter, owning 69,379 shares valued at approximately $6.1 million.
• Analysts have a generally positive outlook on TransUnion, with an average rating of "Moderate Buy" and a consensus target price of $112.64.
• TransUnion reported a quarterly earnings beat of $1.08 EPS, exceeding estimates of $0.99, and announced a dividend of $0.115 per share with a yield of 0.5%.

Assenagon Asset Management S.A. boosted its holdings in TransUnion (NYSE:TRU - Free Report) by 583.1% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 69,379 shares of the business services provider's stock after acquiring an additional 59,222 shares during the period. Assenagon Asset Management S.A.'s holdings in TransUnion were worth $6,105,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in TRU. Integrated Investment Consultants LLC boosted its stake in shares of TransUnion by 1.4% during the 1st quarter. Integrated Investment Consultants LLC now owns 11,380 shares of the business services provider's stock worth $944,000 after purchasing an additional 162 shares during the last quarter. Rovin Capital UT ADV boosted its stake in shares of TransUnion by 3.2% during the 1st quarter. Rovin Capital UT ADV now owns 6,232 shares of the business services provider's stock worth $517,000 after purchasing an additional 195 shares during the last quarter. MassMutual Private Wealth & Trust FSB boosted its stake in shares of TransUnion by 132.7% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 349 shares of the business services provider's stock worth $31,000 after purchasing an additional 199 shares during the last quarter. New Century Financial Group LLC boosted its stake in shares of TransUnion by 8.7% during the 1st quarter. New Century Financial Group LLC now owns 2,643 shares of the business services provider's stock worth $219,000 after purchasing an additional 212 shares during the last quarter. Finally, Fifth Third Bancorp boosted its stake in shares of TransUnion by 105.3% during the 1st quarter. Fifth Third Bancorp now owns 423 shares of the business services provider's stock worth $35,000 after purchasing an additional 217 shares during the last quarter.

Analyst Ratings Changes

Several equities research analysts have issued reports on TRU shares. Needham & Company LLC raised shares of TransUnion from a "hold" rating to a "buy" rating and set a $115.00 price target on the stock in a research note on Wednesday, September 3rd. UBS Group reaffirmed a "neutral" rating and set a $105.00 price target (up from $98.00) on shares of TransUnion in a research note on Friday, July 25th. Wall Street Zen lowered shares of TransUnion from a "buy" rating to a "hold" rating in a report on Sunday, August 3rd. BMO Capital Markets increased their price objective on shares of TransUnion from $115.00 to $118.00 and gave the stock an "outperform" rating in a report on Friday, July 25th. Finally, Oppenheimer increased 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 investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, TransUnion has an average rating of "Moderate Buy" and a consensus target price of $112.64.

Insider Activity at TransUnion

In related news, EVP Heather J. Russell sold 5,337 shares of the firm's stock in a transaction that occurred 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 transaction, the executive vice president owned 23,011 shares in the company, valued at approximately $2,071,220.11. This trade represents a 18.83% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CAO Jennifer A. Williams sold 972 shares of the firm's stock in a transaction that occurred 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 completion of the transaction, the chief accounting officer owned 7,108 shares in the company, valued at $660,262.12. The trade was a 12.03% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 10,309 shares of company stock worth $923,789. Company insiders own 0.25% of the company's stock.

TransUnion Trading Up 0.5%

NYSE TRU opened at $88.18 on Wednesday. TransUnion has a one year low of $66.38 and a one year high of $113.17. The company's 50 day moving average price is $91.14 and its 200 day moving average price is $86.63. The company has a debt-to-equity ratio of 1.09, a quick ratio of 2.02 and a current ratio of 2.03. The firm has a market capitalization of $17.18 billion, a price-to-earnings ratio of 44.09, a PEG ratio of 2.46 and a beta of 1.71.

TransUnion (NYSE:TRU - Get Free Report) last posted its quarterly 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. TransUnion had a net margin of 8.99% and a return on equity of 16.08%. The firm had revenue of $1.14 billion for the quarter, compared to analyst estimates of $1.10 billion. During the same quarter last year, the firm posted $0.99 earnings per share. TransUnion's revenue for the quarter was up 9.5% compared to the same quarter last year. TransUnion has set its FY 2025 guidance at 4.030-4.140 EPS. Q3 2025 guidance at 0.990-1.040 EPS. On average, sell-side analysts predict that TransUnion will post 3.99 EPS for the current year.

TransUnion Dividend Announcement

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

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.