Bank of America Corp DE boosted its position in TransUnion (NYSE:TRU – Free Report) by 9.4% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,447,914 shares of the business services provider’s stock after purchasing an additional 124,294 shares during the period. Bank of America Corp DE owned about 0.75% of TransUnion worth $100,181,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Eagle Bay Advisors LLC acquired a new position in shares of TransUnion during the 4th quarter worth $25,000. Geneos Wealth Management Inc. grew its stake in TransUnion by 1,318.2% in the 1st quarter. Geneos Wealth Management Inc. now owns 312 shares of the business services provider’s stock valued at $26,000 after acquiring an additional 290 shares during the last quarter. Cornerstone Planning Group LLC increased its holdings in TransUnion by 130.2% during the 4th quarter. Cornerstone Planning Group LLC now owns 389 shares of the business services provider’s stock valued at $32,000 after acquiring an additional 220 shares in the last quarter. Measured Wealth Private Client Group LLC purchased a new position in TransUnion during the 3rd quarter valued at about $36,000. Finally, Osterweis Capital Management Inc. acquired a new position in TransUnion during the second quarter worth about $45,000.
Insiders Place Their Bets
In related news, insider Todd C. Skinner sold 950 shares of the company’s stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $79.96, for a total value of $75,962.00. Following the completion of the transaction, the insider directly owned 63,849 shares in the company, valued at approximately $5,105,366.04. This represents a 1.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Heather J. Russell sold 6,683 shares of the stock in a transaction dated Friday, May 29th. The stock was sold at an average price of $71.87, for a total value of $480,307.21. Following the transaction, the executive vice president owned 45,248 shares in the company, valued at $3,251,973.76. This trade represents a 12.87% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 50,100 shares of company stock valued at $3,934,484. 0.37% of the stock is currently owned by company insiders.
TransUnion Stock Performance
TransUnion (NYSE:TRU – Get Free Report) last announced its quarterly earnings data 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. TransUnion had a net margin of 15.08% and a return on equity of 16.29%. The business had revenue of $1.31 billion for the quarter, compared to the consensus estimate of $1.28 billion. During the same quarter in the prior year, the firm posted $1.08 earnings per share. The company’s quarterly revenue was up 14.9% compared to the same quarter last year. TransUnion has set its Q3 2026 guidance at 1.180-1.210 EPS and its FY 2026 guidance at 4.750-4.830 EPS. On average, equities analysts anticipate that TransUnion will post 4.24 earnings per share for the current year.
TransUnion Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 4th. Stockholders of record on Thursday, August 20th will be given a $0.125 dividend. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 0.6%. TransUnion’s payout ratio is currently 13.19%.
Wall Street Analyst Weigh In
TRU has been the topic of several recent research reports. Wells Fargo & Company upped their price target on shares of TransUnion from $90.00 to $102.00 and gave the company an “overweight” rating in a report on Wednesday, July 29th. Bank of America cut their price objective on TransUnion from $83.00 to $80.00 and set a “neutral” rating for the company in a research report on Tuesday, May 19th. BNP Paribas Exane raised TransUnion from a “neutral” rating to an “outperform” rating in a research note on Tuesday, July 28th. Wall Street Zen upgraded TransUnion from a “hold” rating to a “buy” rating in a report on Saturday, August 1st. Finally, Mizuho dropped their price target on TransUnion from $88.00 to $77.00 and set a “neutral” rating for the company in a research report on Thursday, July 2nd. Ten analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $94.38.
View Our Latest Research Report on TRU
TransUnion Company 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.
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