Hsbc Holdings PLC purchased a new stake in TransUnion (NYSE:TRU – Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 113,679 shares of the business services provider’s stock, valued at approximately $8,196,000. Hsbc Holdings PLC owned approximately 0.06% of TransUnion as of its most recent filing with the SEC.
A number of other hedge funds have also recently added to or reduced their stakes in TRU. Canada Pension Plan Investment Board acquired a new position in TransUnion in the second quarter worth approximately $1,904,000. Legal & General Group Plc acquired a new stake in TransUnion in the second quarter valued at approximately $52,530,000. The Manufacturers Life Insurance Company acquired a new stake in TransUnion in the second quarter valued at approximately $34,374,000. Manning & Napier Advisors LLC bought a new stake in TransUnion in the second quarter worth approximately $137,000. Finally, Theleme Partners LLP bought a new stake in TransUnion in the second quarter worth approximately $170,954,000.
Insider Buying and Selling at TransUnion
In related news, EVP Mohamed Abdelsadek sold 23,495 shares of the company’s stock in a transaction on Tuesday, July 28th. The shares were sold at an average price of $85.00, for a total transaction of $1,997,075.00. Following the completion of the transaction, the executive vice president directly owned 57,182 shares in the company, valued at $4,860,470. This represents a 29.12% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Alicia Brooke Zuiker sold 8,673 shares of the firm’s stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of $78.49, for a total transaction of $680,743.77. Following the completion of the sale, the executive vice president owned 41,883 shares in the company, valued at $3,287,396.67. This represents a 17.16% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 52,090 shares of company stock valued at $4,134,921 in the last three months. 0.37% of the stock is owned by insiders.
TransUnion Price Performance
TransUnion (NYSE:TRU – Get Free Report) last released its earnings results on Tuesday, July 28th. The business services provider reported $1.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.16 by $0.07. The firm had revenue of $1.31 billion for the quarter, compared to analyst estimates of $1.28 billion. TransUnion had a return on equity of 16.29% and a net margin of 15.08%.The company’s revenue was up 14.9% on a year-over-year basis. During the same quarter last year, the firm posted $1.08 EPS. TransUnion has set its Q3 2026 guidance at 1.180-1.210 EPS and its FY 2026 guidance at 4.750-4.830 EPS. Research analysts anticipate that TransUnion will post 4.24 EPS for the current year.
TransUnion Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 4th. Stockholders of record on Thursday, August 20th will be paid a $0.125 dividend. The ex-dividend date is Thursday, August 20th. This represents a $0.50 annualized dividend and a dividend yield of 0.6%. TransUnion’s dividend payout ratio (DPR) is presently 13.19%.
Analysts Set New Price Targets
TRU has been the topic of a number of recent research reports. Morgan Stanley restated an “overweight” rating and set a $106.00 price target on shares of TransUnion in a report on Wednesday, July 29th. BNP Paribas Exane upgraded shares of TransUnion from a “neutral” rating to an “outperform” rating in a report on Tuesday, July 28th. Mizuho lowered their target price on shares of TransUnion from $88.00 to $77.00 and set a “neutral” rating on the stock in a research report on Thursday, July 2nd. Weiss Ratings upgraded TransUnion from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, August 13th. Finally, Stifel Nicolaus boosted their price target on TransUnion from $88.00 to $96.00 and gave the stock a “buy” rating in a research report on Wednesday, July 29th. Ten investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, TransUnion has an average rating of “Moderate Buy” and a consensus target price of $94.38.
Check Out Our Latest Analysis on TRU
About TransUnion
TransUnion is a global information and insights company that helps businesses and consumers make critical decisions using data and analytics. As one of the three major credit bureaus in the United States, TransUnion collects and aggregates credit information on individuals and businesses, providing credit reports, risk scores and portfolio management tools to financial institutions, lenders, landlords and other decision makers. Its consumer-facing products enable individuals to monitor credit status, detect identity theft and access personalized financial insights.
The company’s offerings span credit risk assessment, identity management, fraud prevention and marketing solutions.
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