Kornitzer Capital Management Inc. KS Reduces Stock Holdings in TransUnion $TRU

Kornitzer Capital Management Inc. KS reduced its position in TransUnion (NYSE:TRU) by 14.7% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 129,285 shares of the business services provider’s stock after selling 22,261 shares during the period. Kornitzer Capital Management Inc. KS’s holdings in TransUnion were worth $8,945,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in TRU. Equitable Trust Co. acquired a new position in TransUnion in the 1st quarter worth about $3,985,000. Hsbc Holdings PLC lifted its holdings in TransUnion by 5.2% in the 1st quarter. Hsbc Holdings PLC now owns 105,959 shares of the business services provider’s stock valued at $7,318,000 after purchasing an additional 5,246 shares in the last quarter. Resona Asset Management Co. Ltd. lifted its holdings in TransUnion by 4.7% in the 1st quarter. Resona Asset Management Co. Ltd. now owns 58,378 shares of the business services provider’s stock valued at $4,017,000 after purchasing an additional 2,616 shares in the last quarter. Oregon Public Employees Retirement Fund boosted its stake in TransUnion by 2.1% during the 1st quarter. Oregon Public Employees Retirement Fund now owns 39,440 shares of the business services provider’s stock worth $2,729,000 after purchasing an additional 800 shares during the last quarter. Finally, R Squared Ltd purchased a new stake in shares of TransUnion during the first quarter worth $209,000.

TransUnion Stock Down 1.7%

TRU traded down $1.29 on Friday, hitting $75.04. 2,087,772 shares of the company were exchanged, compared to its average volume of 2,929,734. The firm has a 50-day moving average price of $70.33 and a two-hundred day moving average price of $74.42. The company has a current ratio of 1.93, a quick ratio of 1.93 and a debt-to-equity ratio of 1.10. TransUnion has a twelve month low of $63.37 and a twelve month high of $99.39. The company has a market cap of $14.47 billion, a price-to-earnings ratio of 20.79, a price-to-earnings-growth ratio of 1.37 and a beta of 1.55.

TransUnion (NYSE:TRU) last issued its quarterly earnings results on Tuesday, April 28th. The business services provider reported $1.18 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.11 by $0.07. The company had revenue of $1.25 billion during the quarter, compared to the consensus estimate of $1.21 billion. TransUnion had a net margin of 14.91% and a return on equity of 16.09%. The firm’s quarterly revenue was up 13.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.05 earnings per share. TransUnion has set its Q2 2026 guidance at 1.130-1.150 EPS. On average, equities analysts predict that TransUnion will post 4.14 earnings per share for the current year.

TransUnion Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, June 11th. Stockholders of record on Wednesday, May 27th were given a $0.125 dividend. The ex-dividend date was Wednesday, May 27th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 0.7%. TransUnion’s dividend payout ratio (DPR) is currently 13.85%.

Wall Street Analysts Forecast Growth

TRU has been the topic of a number of recent research reports. Robert W. Baird set a $108.00 price target on shares of TransUnion in a research report on Wednesday, April 29th. Bank of America lowered their target price on TransUnion from $83.00 to $80.00 and set a “neutral” rating on the stock in a report on Tuesday, May 19th. JPMorgan Chase & Co. cut their price target on TransUnion from $95.00 to $90.00 and set an “overweight” rating for the company in a report on Wednesday, April 29th. Wall Street Zen cut TransUnion from a “buy” rating to a “hold” rating in a report on Saturday, April 18th. Finally, UBS Group raised their target price on TransUnion from $72.00 to $77.00 and gave the stock a “neutral” rating in a research note on Thursday, July 2nd. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $91.60.

Insider Transactions at TransUnion

In other news, insider Steven M. Chaouki sold 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $72.64, for a total value of $726,400.00. Following the completion of the transaction, the insider owned 89,906 shares of the company’s stock, valued at $6,530,771.84. The trade was a 10.01% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Jennifer A. Williams sold 972 shares of the company’s stock in a transaction on Tuesday, July 7th. The shares were sold at an average price of $80.00, for a total value of $77,760.00. Following the completion of the transaction, the chief accounting officer owned 5,843 shares of the company’s stock, valued at $467,440. The trade was a 14.26% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 32,138 shares of company stock worth $2,335,742. Corporate insiders own 0.37% of the company’s stock.

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.