Van ECK Associates Corp Purchases 323,149 Shares of TransUnion $TRU

Van ECK Associates Corp raised its position in shares of TransUnion (NYSE:TRU) by 7.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,932,203 shares of the business services provider’s stock after acquiring an additional 323,149 shares during the period. Van ECK Associates Corp’s holdings in TransUnion were worth $422,936,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of TRU. Royal Bank of Canada increased its position in TransUnion by 85.3% during the first quarter. Royal Bank of Canada now owns 75,761 shares of the business services provider’s stock valued at $6,288,000 after acquiring an additional 34,867 shares during the last quarter. Geneos Wealth Management Inc. increased its position in TransUnion by 1,318.2% during the first 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. Invesco Ltd. increased its position in TransUnion by 4.5% during the second quarter. Invesco Ltd. now owns 578,599 shares of the business services provider’s stock valued at $50,917,000 after acquiring an additional 24,736 shares during the last quarter. EverSource Wealth Advisors LLC increased its position in TransUnion by 59.5% during the second quarter. EverSource Wealth Advisors LLC now owns 528 shares of the business services provider’s stock valued at $46,000 after acquiring an additional 197 shares during the last quarter. Finally, The Manufacturers Life Insurance Company boosted its stake in shares of TransUnion by 2.2% during the second quarter. The Manufacturers Life Insurance Company now owns 576,019 shares of the business services provider’s stock valued at $50,690,000 after purchasing an additional 12,280 shares during the period.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on TRU. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $111.00 target price on shares of TransUnion in a research note on Friday, February 13th. Wall Street Zen lowered shares of TransUnion from a “buy” rating to a “hold” rating in a research note on Saturday, April 18th. Mizuho began coverage on shares of TransUnion in a research note on Thursday, April 16th. They set a “neutral” rating and a $80.00 target price for the company. JPMorgan Chase & Co. lowered their target price on shares of TransUnion from $95.00 to $90.00 and set an “overweight” rating for the company in a research note on Wednesday, April 29th. Finally, Wells Fargo & Company lowered their target price on shares of TransUnion from $100.00 to $90.00 and set an “overweight” rating for the company in a research note on Friday, February 13th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat.com, TransUnion currently has an average rating of “Moderate Buy” and an average target price of $91.27.

TransUnion Stock Up 0.8%

NYSE:TRU opened at $66.24 on Friday. TransUnion has a 1-year low of $64.51 and a 1-year high of $99.39. The company has a 50-day moving average of $70.71 and a 200 day moving average of $76.22. The firm has a market cap of $12.77 billion, a PE ratio of 18.35, a price-to-earnings-growth ratio of 1.16 and a beta of 1.56. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.93 and a quick ratio of 1.93.

TransUnion (NYSE:TRU) last released its quarterly earnings data on Tuesday, April 28th. The business services provider reported $1.18 earnings per share for the quarter, topping analysts’ consensus estimates of $1.11 by $0.07. TransUnion had a net margin of 14.91% and a return on equity of 16.09%. The company had revenue of $1.25 billion during the quarter, compared to analyst estimates of $1.21 billion. During the same period in the prior year, the firm earned $1.05 earnings per share. The firm’s revenue for the quarter was up 13.7% compared to the same quarter last year. TransUnion has set its Q2 2026 guidance at 1.130-1.150 EPS. As a group, research analysts anticipate that TransUnion will post 4.21 EPS for the current fiscal year.

TransUnion Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 11th. Investors of record on Wednesday, May 27th were paid a $0.125 dividend. The ex-dividend date of this dividend was Wednesday, May 27th. This represents a $0.50 dividend on an annualized basis and a yield of 0.8%. TransUnion’s dividend payout ratio is 13.85%.

Insider Buying and Selling

In related news, EVP Heather J. Russell sold 6,683 shares of the company’s stock in a transaction dated Friday, May 29th. The shares were sold at an average price of $71.87, for a total value of $480,307.21. Following the completion of the sale, the executive vice president directly owned 45,248 shares of the company’s stock, valued at $3,251,973.76. This represents a 12.87% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Steven M. Chaouki sold 5,000 shares of the business’s stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $70.73, for a total transaction of $353,650.00. Following the completion of the transaction, the insider owned 99,906 shares of the company’s stock, valued at $7,066,351.38. This represents a 4.77% 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. Insiders sold a total of 25,666 shares of company stock valued at $1,843,542 over the last three months. 0.37% of the stock is owned by company insiders.

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.