Bridges Investment Management Inc. Trims Stock Position in TransUnion $TRU

Bridges Investment Management Inc. lessened its stake in shares of TransUnion (NYSE:TRU) by 11.6% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 2,912 shares of the business services provider’s stock after selling 382 shares during the period. Bridges Investment Management Inc.’s holdings in TransUnion were worth $256,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of TRU. Geneos Wealth Management Inc. raised its position in TransUnion by 1,318.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 312 shares of the business services provider’s stock valued at $26,000 after purchasing an additional 290 shares in the last quarter. Generali Asset Management SPA SGR bought a new stake in shares of TransUnion in the second quarter valued at about $30,000. MassMutual Private Wealth & Trust FSB lifted its stake in TransUnion by 132.7% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 349 shares of the business services provider’s stock worth $31,000 after acquiring an additional 199 shares during the period. Fifth Third Bancorp grew its holdings in 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 acquiring an additional 217 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. increased 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 valued at $36,000 after purchasing an additional 310 shares during the period.

Insider Activity at TransUnion

In other TransUnion news, insider Steven M. Chaouki sold 1,000 shares of the business’s stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $83.19, for a total transaction of $83,190.00. Following the sale, the insider owned 64,592 shares of the company’s stock, valued at approximately $5,373,408.48. The trade was a 1.52% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CAO Jennifer A. Williams sold 972 shares of the company’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 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. Insiders sold 10,309 shares of company stock valued at $919,839 in the last three months. 0.22% of the stock is owned by insiders.

TransUnion Stock Performance

Shares of TRU stock opened at $78.45 on Friday. TransUnion has a 12-month low of $66.38 and a 12-month high of $113.17. The business’s fifty day simple moving average is $86.10 and its 200-day simple moving average is $86.12. The company has a current ratio of 2.03, a quick ratio of 2.02 and a debt-to-equity ratio of 1.09. The company has a market cap of $15.28 billion, a PE ratio of 39.23, a PEG ratio of 2.09 and a beta of 1.71.

TransUnion (NYSE:TRU) last posted its quarterly earnings data on Thursday, July 24th. The business services provider reported $1.08 earnings per share for the quarter, topping analysts’ consensus estimates of $0.99 by $0.09. TransUnion had a return on equity of 16.08% and a net margin of 8.99%.The firm had revenue of $1.14 billion during the quarter, compared to analysts’ expectations of $1.10 billion. During the same quarter last year, the firm earned $0.99 EPS. The business’s quarterly revenue was up 9.5% on a year-over-year basis. 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 earnings per share for the current fiscal year.

TransUnion Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 8th. Stockholders of record on Friday, August 22nd were issued a dividend of $0.115 per share. The ex-dividend date was Friday, August 22nd. This represents a $0.46 annualized dividend and a dividend yield of 0.6%. TransUnion’s dividend payout ratio is 23.00%.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in 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 for the company in a research report on Wednesday, September 3rd. Weiss Ratings restated a “hold (c)” rating on shares of TransUnion in a report on Wednesday, October 8th. BMO Capital Markets increased their target price on TransUnion from $115.00 to $118.00 and gave the company an “outperform” rating in a research report on Friday, July 25th. Wells Fargo & Company reduced their price target on TransUnion from $124.00 to $118.00 and set an “overweight” rating for the company in a research report on Friday, July 25th. Finally, Seaport Res Ptn upgraded TransUnion to a “hold” rating in a research note on Wednesday, October 1st. Ten analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $108.15.

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.