KLP Kapitalforvaltning AS Raises Stock Position in TransUnion $TRU

KLP Kapitalforvaltning AS boosted its holdings in TransUnion (NYSE:TRU) by 1.8% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 68,900 shares of the business services provider’s stock after buying an additional 1,200 shares during the period. KLP Kapitalforvaltning AS’s holdings in TransUnion were worth $6,063,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of the business. Spear Holdings RSC Ltd purchased a new stake in TransUnion in the 2nd quarter worth $46,128,000. DAVENPORT & Co LLC grew its position in shares of TransUnion by 3.4% during the second quarter. DAVENPORT & Co LLC now owns 33,029 shares of the business services provider’s stock valued at $2,889,000 after purchasing an additional 1,076 shares in the last quarter. Triad Wealth Partners LLC grew its position in shares of TransUnion by 9.5% during the second quarter. Triad Wealth Partners LLC now owns 3,780 shares of the business services provider’s stock valued at $333,000 after purchasing an additional 329 shares in the last quarter. Genesis Private Wealth LLC grew its position in shares of TransUnion by 9.7% during the second quarter. Genesis Private Wealth LLC now owns 2,803 shares of the business services provider’s stock valued at $247,000 after purchasing an additional 248 shares in the last quarter. Finally, Avior Wealth Management LLC grew its position in shares of TransUnion by 12.2% during the second quarter. Avior Wealth Management LLC now owns 6,010 shares of the business services provider’s stock valued at $529,000 after purchasing an additional 653 shares in the last quarter.

TransUnion Trading Down 1.8%

TRU opened at $77.57 on Friday. The firm has a market cap of $15.11 billion, a P/E ratio of 38.79, a P/E/G ratio of 2.13 and a beta of 1.71. TransUnion has a 12 month low of $66.38 and a 12 month high of $113.17. The company has a current ratio of 2.03, a quick ratio of 2.02 and a debt-to-equity ratio of 1.09. The stock has a 50-day moving average of $87.37 and a 200 day moving average of $86.30.

TransUnion (NYSE:TRU) last announced its quarterly earnings data on Thursday, July 24th. The business services provider reported $1.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.99 by $0.09. The business had revenue of $1.14 billion during the quarter, compared to the consensus estimate of $1.10 billion. TransUnion had a net margin of 8.99% and a return on equity of 16.08%. The firm’s quarterly revenue was up 9.5% compared to the same quarter last year. During the same quarter last year, the firm earned $0.99 earnings per share. TransUnion has set its FY 2025 guidance at 4.030-4.140 EPS. Q3 2025 guidance at 0.990-1.040 EPS. As a group, research analysts forecast that TransUnion will post 3.99 EPS for the current year.

TransUnion Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 8th. Shareholders of record on Friday, August 22nd were paid a $0.115 dividend. The ex-dividend date of this dividend was Friday, August 22nd. This represents a $0.46 annualized dividend and a yield of 0.6%. TransUnion’s dividend payout ratio (DPR) is presently 23.00%.

Wall Street Analyst Weigh In

TRU has been the subject of a number of research analyst reports. The Goldman Sachs Group cut their price objective on TransUnion from $96.00 to $83.00 and set a “neutral” rating for the company in a research report on Thursday, October 2nd. Wall Street Zen lowered TransUnion from a “buy” rating to a “hold” rating in a research report on Sunday, August 3rd. Oppenheimer raised their price objective on TransUnion from $100.00 to $108.00 and gave the company an “outperform” rating in a research report on Tuesday, July 8th. Needham & Company LLC upgraded TransUnion from a “hold” rating to a “buy” rating and set a $115.00 price objective for the company in a research report on Wednesday, September 3rd. Finally, BMO Capital Markets lifted their price target on TransUnion from $115.00 to $118.00 and gave the stock an “outperform” rating in a research report on Friday, July 25th. Ten equities 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 stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $109.31.

Insiders Place Their Bets

In other TransUnion news, insider Steven M. Chaouki sold 1,000 shares of the firm’s stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $83.19, for a total value of $83,190.00. Following the completion of the sale, the insider owned 64,592 shares of the company’s stock, valued at $5,373,408.48. This trade represents a 1.52% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Heather J. Russell sold 5,337 shares of the firm’s stock in a transaction dated Friday, September 5th. The stock was sold at an average price of $90.01, for a total transaction of $480,383.37. Following the completion of the sale, the executive vice president directly owned 23,011 shares of the company’s stock, valued at approximately $2,071,220.11. The trade was a 18.83% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 10,309 shares of company stock valued at $919,839 over the last 90 days. Insiders own 0.22% of the company’s stock.

TransUnion Profile

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.