Vident Advisory LLC Invests $286,000 in TransUnion $TRU

Key Points

• Vident Advisory LLC has invested $286,000 in TransUnion by acquiring 3,449 shares of the company in the first quarter.
• TransUnion's stock has seen several analyst rating changes, with a consensus rating of "Moderate Buy" and an average price target of $112.64.
• The company recently declared a quarterly dividend of $0.115, resulting in a 0.5% dividend yield for stockholders.

Vident Advisory LLC bought a new stake in shares of TransUnion (NYSE:TRU - Free Report) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 3,449 shares of the business services provider's stock, valued at approximately $286,000.

Other large investors have also recently made changes to their positions in the company. Cetera Investment Advisers grew its stake in shares of TransUnion by 18.1% in the fourth quarter. Cetera Investment Advisers now owns 42,239 shares of the business services provider's stock worth $3,916,000 after acquiring an additional 6,488 shares during the last quarter. Ethic Inc. grew its stake in shares of TransUnion by 9.5% in the fourth quarter. Ethic Inc. now owns 19,036 shares of the business services provider's stock worth $1,765,000 after acquiring an additional 1,652 shares during the last quarter. Focus Partners Wealth grew its stake in shares of TransUnion by 8.8% in the fourth quarter. Focus Partners Wealth now owns 3,328 shares of the business services provider's stock worth $309,000 after acquiring an additional 269 shares during the last quarter. Gotham Asset Management LLC grew its stake in shares of TransUnion by 21.3% in the fourth quarter. Gotham Asset Management LLC now owns 102,851 shares of the business services provider's stock worth $9,535,000 after acquiring an additional 18,080 shares during the last quarter. Finally, Lazard Asset Management LLC grew its stake in shares of TransUnion by 319.6% in the fourth quarter. Lazard Asset Management LLC now owns 1,049 shares of the business services provider's stock worth $97,000 after acquiring an additional 799 shares during the last quarter.

Wall Street Analysts Forecast Growth

TRU has been the topic of a number of recent research reports. Wall Street Zen cut TransUnion from a "buy" rating to a "hold" rating in a research note on Sunday, August 3rd. Wells Fargo & Company decreased their price objective on shares of TransUnion from $124.00 to $118.00 and set an "overweight" rating for the company in a report on Friday, July 25th. Needham & Company LLC upgraded shares of TransUnion from a "hold" rating to a "buy" rating and set a $115.00 price objective for the company in a report on Wednesday, September 3rd. BMO Capital Markets boosted 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, UBS Group restated a "neutral" rating and issued a $105.00 price objective (up from $98.00) on shares of TransUnion in a report on Friday, July 25th. Eleven investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, TransUnion has a consensus rating of "Moderate Buy" and an average price target of $112.64.

Insider Transactions at TransUnion

In other news, insider Steven M. Chaouki sold 1,000 shares of the company's stock in a transaction 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 completion of the sale, the insider directly owned 65,592 shares in the company, valued at $5,648,783.04. This represents a 1.50% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, EVP Heather J. Russell sold 5,337 shares of the company's stock in a transaction 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 $2,071,220.11. This represents a 18.83% decrease in their position. The disclosure for this sale can be found here. Insiders sold 10,309 shares of company stock worth $923,789 in the last three months. Corporate insiders own 0.25% of the company's stock.

TransUnion Trading Up 0.5%

Shares of NYSE:TRU opened at $93.82 on Wednesday. The stock has a market capitalization of $18.28 billion, a price-to-earnings ratio of 46.91, a PEG ratio of 2.61 and a beta of 1.71. 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 stock's 50-day simple moving average is $91.45 and its two-hundred day simple moving average is $86.67. TransUnion has a 52-week low of $66.38 and a 52-week high of $113.17.

TransUnion (NYSE:TRU - Get Free Report) last announced its earnings results on Thursday, July 24th. The business services provider reported $1.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.99 by $0.09. The business had revenue of $1.14 billion for 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%.The business's revenue for the quarter was up 9.5% on a year-over-year basis. During the same period last year, the firm posted $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. Analysts expect that TransUnion will post 3.99 EPS for the current year.

TransUnion Announces Dividend

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

TransUnion Company 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.

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.