Norges Bank Acquires Shares of 1,708,329 TransUnion $TRU

Norges Bank acquired a new stake in TransUnion (NYSE:TRU) in the 2nd quarter, HoldingsChannel reports. The fund acquired 1,708,329 shares of the business services provider’s stock, valued at approximately $150,333,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Penserra Capital Management LLC boosted its position in TransUnion by 12.8% in the 2nd quarter. Penserra Capital Management LLC now owns 1,055 shares of the business services provider’s stock worth $92,000 after purchasing an additional 120 shares in the last quarter. Park Avenue Securities LLC lifted its stake in shares of TransUnion by 2.2% in the 2nd quarter. Park Avenue Securities LLC now owns 7,193 shares of the business services provider’s stock valued at $633,000 after purchasing an additional 155 shares during the period. MassMutual Private Wealth & Trust FSB lifted its stake in shares of TransUnion by 132.7% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 349 shares of the business services provider’s stock valued at $31,000 after purchasing an additional 199 shares during the period. PNC Financial Services Group Inc. grew its position in TransUnion by 8.5% during the first quarter. PNC Financial Services Group Inc. now owns 2,867 shares of the business services provider’s stock valued at $238,000 after buying an additional 225 shares during the period. Finally, DekaBank Deutsche Girozentrale grew its position in TransUnion by 0.4% during the second quarter. DekaBank Deutsche Girozentrale now owns 64,891 shares of the business services provider’s stock valued at $5,637,000 after buying an additional 234 shares during the period.

Insider Activity

In related news, EVP Heather J. Russell sold 5,337 shares of the stock in a transaction that occurred on Friday, September 5th. The stock was sold at an average price of $90.01, for a total value of $480,383.37. Following the completion of the sale, the executive vice president owned 23,011 shares of the company’s stock, valued at approximately $2,071,220.11. This trade represents a 18.83% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Steven M. Chaouki sold 1,000 shares of TransUnion stock in a transaction that occurred on Monday, December 1st. The stock was sold at an average price of $84.04, for a total value of $84,040.00. Following the transaction, the insider owned 62,592 shares in the company, valued at approximately $5,260,231.68. The trade was a 1.57% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 8,337 shares of company stock valued at $728,083. 0.25% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

TRU has been the topic of several recent analyst reports. Stifel Nicolaus set a $103.00 target price on shares of TransUnion in a research note on Friday, October 24th. The Goldman Sachs Group increased their price target on TransUnion from $78.00 to $86.00 and gave the stock a “neutral” rating in a research report on Friday, October 24th. UBS Group set a $90.00 price objective on TransUnion and gave the company a “neutral” rating in a research report on Friday, October 24th. JPMorgan Chase & Co. decreased their target price on TransUnion from $118.00 to $107.00 and set an “overweight” rating on the stock in a research report on Friday, October 24th. Finally, Oppenheimer initiated coverage on shares of TransUnion in a report on Monday, October 13th. They issued an “outperform” rating and a $93.00 price target for the company. Nine research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $104.08.

TransUnion Stock Performance

NYSE TRU opened at $82.43 on Wednesday. The company has a debt-to-equity ratio of 1.10, a current ratio of 2.01 and a quick ratio of 2.01. The stock’s 50 day simple moving average is $81.28 and its 200-day simple moving average is $86.65. The company has a market cap of $16.01 billion, a PE ratio of 38.52, a price-to-earnings-growth ratio of 1.83 and a beta of 1.73. TransUnion has a 1-year low of $66.38 and a 1-year high of $101.42.

TransUnion (NYSE:TRU) last posted its quarterly earnings data on Thursday, October 23rd. The business services provider reported $1.10 EPS for the quarter, beating the consensus estimate of $1.04 by $0.06. TransUnion had a return on equity of 16.05% and a net margin of 9.47%.The firm had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.13 billion. During the same period in the prior year, the company earned $1.04 EPS. The firm’s revenue was up 7.8% compared to the same quarter last year. TransUnion has set its Q4 2025 guidance at 0.970-1.02 EPS and its FY 2025 guidance at 4.190-4.250 EPS. As a group, equities research analysts anticipate that TransUnion will post 3.99 EPS for the current fiscal year.

TransUnion Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 8th. Investors of record on Friday, November 21st will be given a dividend of $0.115 per share. The ex-dividend date is Friday, November 21st. This represents a $0.46 dividend on an annualized basis and a yield of 0.6%. TransUnion’s payout ratio is presently 21.50%.

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.