Danske Bank A S Acquires New Shares in TransUnion $TRU

Danske Bank A S acquired a new position in TransUnion (NYSE:TRU) during the second quarter, HoldingsChannel.com reports. The fund acquired 59,387 shares of the business services provider’s stock, valued at approximately $4,284,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in TRU. BlackRock Inc. bought a new position in shares of TransUnion in the 2nd quarter worth $1,367,560,000. Dodge & Cox purchased a new position in TransUnion in the fourth quarter worth $843,952,000. Independent Franchise Partners LLP grew its position in TransUnion by 99.7% during the fourth quarter. Independent Franchise Partners LLP now owns 9,136,903 shares of the business services provider’s stock valued at $783,489,000 after buying an additional 4,561,619 shares during the period. State Street Corp boosted its stake in TransUnion by 62.2% in the third quarter. State Street Corp now owns 6,781,771 shares of the business services provider’s stock valued at $568,177,000 after acquiring an additional 2,600,425 shares during the last quarter. Finally, Invesco Ltd. lifted its stake in TransUnion by 355.9% in the third quarter. Invesco Ltd. now owns 2,637,776 shares of the business services provider’s stock valued at $220,993,000 after purchasing an additional 2,059,177 shares during the last quarter.

TransUnion Stock Down 0.3%

NYSE:TRU opened at $84.82 on Friday. The firm has a 50-day simple moving average of $76.29 and a two-hundred day simple moving average of $73.31. The company has a debt-to-equity ratio of 1.07, a quick ratio of 1.90 and a current ratio of 1.90. The firm has a market cap of $16.25 billion, a P/E ratio of 22.38, a P/E/G ratio of 1.40 and a beta of 1.53. TransUnion has a fifty-two week low of $63.37 and a fifty-two week high of $95.50.

TransUnion (NYSE:TRU) last released its earnings results on Tuesday, July 28th. The business services provider reported $1.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.16 by $0.07. The firm had revenue of $1.31 billion for the quarter, compared to the consensus estimate of $1.28 billion. TransUnion had a return on equity of 16.29% and a net margin of 15.08%.The firm’s revenue was up 14.9% on a year-over-year basis. During the same period in the prior year, the firm earned $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. Analysts predict that TransUnion will post 4.24 earnings per share for the current fiscal year.

TransUnion Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 4th. Stockholders of record on Thursday, August 20th will be issued a $0.125 dividend. This represents a $0.50 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend is Thursday, August 20th. TransUnion’s dividend payout ratio (DPR) is currently 13.19%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on TRU. BMO Capital Markets upped their price target on TransUnion from $85.00 to $98.00 and gave the company an “outperform” rating in a research report on Wednesday, July 29th. The Goldman Sachs Group reissued a “neutral” rating and issued a $82.00 price target on shares of TransUnion in a report on Tuesday, July 28th. JPMorgan Chase & Co. decreased their target price on shares of TransUnion from $95.00 to $90.00 and set an “overweight” rating on the stock in a report on Wednesday, April 29th. Wall Street Zen cut shares of TransUnion from a “buy” rating to a “hold” rating in a report on Sunday, August 9th. Finally, Morgan Stanley restated an “overweight” rating and set a $106.00 target price on shares of TransUnion in a research report on Wednesday, July 29th. Ten research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $94.38.

Insider Activity at TransUnion

In related news, CAO Jennifer A. Williams sold 972 shares of the firm’s stock in a transaction that occurred on Tuesday, July 7th. The shares were sold at an average price of $80.00, for a total transaction of $77,760.00. Following the sale, the chief accounting officer owned 5,843 shares in the company, valued at approximately $467,440. This trade represents a 14.26% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Mohamed Abdelsadek sold 23,495 shares of the stock in a transaction on Tuesday, July 28th. The shares were sold at an average price of $85.00, for a total value of $1,997,075.00. Following the completion of the sale, the executive vice president owned 57,182 shares of the company’s stock, valued at approximately $4,860,470. This represents a 29.12% 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. In the last 90 days, insiders sold 58,773 shares of company stock worth $4,615,228. 0.37% of the stock is currently owned by company insiders.

TransUnion Profile

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.