State of New Jersey Common Pension Fund D Cuts Stake in TransUnion $TRU

Key Points

• The State of New Jersey Common Pension Fund D reduced its stake in TransUnion by 8.5%, owning 64,953 shares valued at approximately $5.39 million after selling 6,034 shares.
• Several large investors significantly increased their holdings in TransUnion, including Aberdeen Group which grew its stake by 128.5%, owning 125,611 shares worth $10.42 million after an additional purchase.
• TransUnion has received mixed analyst ratings, with one firm downgrading it from a "buy" to a "hold," while another raised its price target from $100 to $108, indicating a Moderate Buy consensus rating.

State of New Jersey Common Pension Fund D reduced its position in TransUnion (NYSE:TRU - Free Report) by 8.5% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 64,953 shares of the business services provider's stock after selling 6,034 shares during the period. State of New Jersey Common Pension Fund D's holdings in TransUnion were worth $5,390,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Raymond James Financial Inc. acquired a new stake in shares of TransUnion in the 4th quarter valued at $16,002,000. NewEdge Advisors LLC grew its stake in shares of TransUnion by 72.1% in the fourth quarter. NewEdge Advisors LLC now owns 649 shares of the business services provider's stock worth $60,000 after acquiring an additional 272 shares during the last quarter. Canada Pension Plan Investment Board increased its position in TransUnion by 1,375.0% during the fourth quarter. Canada Pension Plan Investment Board now owns 17,700 shares of the business services provider's stock worth $1,641,000 after acquiring an additional 16,500 shares during the period. CANADA LIFE ASSURANCE Co raised its stake in TransUnion by 4.4% during the 4th quarter. CANADA LIFE ASSURANCE Co now owns 196,749 shares of the business services provider's stock valued at $18,221,000 after purchasing an additional 8,273 shares during the last quarter. Finally, Forum Financial Management LP boosted its holdings in TransUnion by 20.9% in the 4th quarter. Forum Financial Management LP now owns 3,848 shares of the business services provider's stock valued at $357,000 after purchasing an additional 665 shares during the period.

Insider Transactions at TransUnion

In other news, insider Steven M. Chaouki sold 1,000 shares of the company's stock in a transaction that occurred on Tuesday, July 1st. The stock was sold at an average price of $87.14, for a total transaction of $87,140.00. Following the sale, the insider owned 74,393 shares in the company, valued at $6,482,606.02. This represents a 1.33% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, CAO Jennifer A. Williams sold 972 shares of the firm's stock in a transaction on Monday, August 4th. The shares were sold at an average price of $92.89, for a total value of $90,289.08. Following the sale, the chief accounting officer directly owned 7,108 shares of the company's stock, valued at $660,262.12. This represents a 12.03% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 3,972 shares of company stock valued at $353,549. Company insiders own 0.22% of the company's stock.

TransUnion Price Performance

Shares of TRU traded down $1.1830 on Thursday, hitting $86.5770. The company's stock had a trading volume of 1,042,860 shares, compared to its average volume of 1,962,982. The company has a 50 day moving average price of $90.76 and a 200 day moving average price of $87.34. TransUnion has a fifty-two week low of $66.38 and a fifty-two week high of $113.17. The company has a market capitalization of $16.87 billion, a PE ratio of 43.29, a PEG ratio of 2.45 and a beta of 1.65. 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 issued its quarterly earnings results on Thursday, July 24th. The business services provider reported $1.08 earnings per share for the quarter, beating 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 analyst estimates of $1.10 billion. During the same quarter last year, the business 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, research analysts anticipate that TransUnion will post 3.99 earnings per share for the current fiscal year.

TransUnion Dividend Announcement

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

Wall Street Analyst Weigh In

A number of brokerages have recently commented on TRU. Wall Street Zen lowered shares of TransUnion from a "buy" rating to a "hold" rating in a research report on Sunday, August 3rd. BMO Capital Markets upped their price target 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 decreased their price objective on TransUnion from $124.00 to $118.00 and set an "overweight" rating on the stock in a report on Friday, July 25th. Needham & Company LLC reaffirmed a "hold" rating on shares of TransUnion in a research report on Friday, July 25th. Finally, Oppenheimer boosted their price target on shares of TransUnion from $100.00 to $108.00 and gave the company an "outperform" rating in a report on Tuesday, July 8th. Ten equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $112.46.

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.