Bank of New York Mellon Corp Cuts Stock Holdings in TransUnion $TRU

Bank of New York Mellon Corp trimmed its position in TransUnion (NYSE:TRU) by 0.9% in the first quarter, HoldingsChannel reports. The firm owned 1,491,932 shares of the business services provider’s stock after selling 14,094 shares during the quarter. Bank of New York Mellon Corp’s holdings in TransUnion were worth $103,227,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of TRU. Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its holdings in shares of TransUnion by 46.2% in the 1st quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 3,979 shares of the business services provider’s stock worth $275,000 after purchasing an additional 1,257 shares during the period. State of Michigan Retirement System grew its stake in shares of TransUnion by 0.9% during the 1st quarter. State of Michigan Retirement System now owns 46,300 shares of the business services provider’s stock worth $3,203,000 after acquiring an additional 400 shares during the period. Principal Financial Group Inc. raised its stake in TransUnion by 2.8% in the 1st quarter. Principal Financial Group Inc. now owns 429,558 shares of the business services provider’s stock valued at $29,721,000 after acquiring an additional 11,680 shares during the period. Applied Finance Capital Management LLC lifted its holdings in TransUnion by 4.7% during the first quarter. Applied Finance Capital Management LLC now owns 4,576 shares of the business services provider’s stock valued at $317,000 after purchasing an additional 204 shares during the last quarter. Finally, Procyon Advisors LLC boosted its position in TransUnion by 42.8% during the first quarter. Procyon Advisors LLC now owns 5,713 shares of the business services provider’s stock worth $395,000 after purchasing an additional 1,711 shares during the period.

Insider Activity at TransUnion

In other TransUnion news, EVP Heather J. Russell sold 6,683 shares of the business’s stock in a transaction on Friday, May 29th. The shares were sold at an average price of $71.87, for a total transaction of $480,307.21. Following the completion of the sale, the executive vice president directly owned 45,248 shares in the company, valued at approximately $3,251,973.76. The trade was a 12.87% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Jennifer A. Williams sold 972 shares of the stock in a transaction that occurred on Tuesday, July 7th. The stock was sold at an average price of $80.00, for a total transaction of $77,760.00. Following the completion of the transaction, the chief accounting officer owned 5,843 shares in the company, valued at $467,440. This trade represents a 14.26% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 30,155 shares of company stock worth $2,177,102 over the last quarter. 0.37% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several research analysts recently commented on TRU shares. Wall Street Zen downgraded shares of TransUnion from a “buy” rating to a “hold” rating in a report on Saturday, April 18th. UBS Group lifted their price target on TransUnion from $72.00 to $77.00 and gave the company a “neutral” rating in a research report on Thursday, July 2nd. Needham & Company LLC reissued a “buy” rating and set a $95.00 price objective on shares of TransUnion in a report on Wednesday, April 29th. Bank of America reduced their target price on TransUnion from $83.00 to $80.00 and set a “neutral” rating for the company in a report on Tuesday, May 19th. Finally, Robert W. Baird set a $108.00 price target on shares of TransUnion in a report on Wednesday, April 29th. One equities research 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. Based on data from MarketBeat.com, TransUnion has a consensus rating of “Moderate Buy” and an average price target of $91.60.

TransUnion Stock Down 1.0%

Shares of NYSE TRU opened at $79.05 on Tuesday. The firm’s fifty day moving average is $71.22 and its 200 day moving average is $73.95. TransUnion has a 52 week low of $63.37 and a 52 week high of $99.39. The company has a quick ratio of 1.93, a current ratio of 1.93 and a debt-to-equity ratio of 1.10. The company has a market cap of $15.24 billion, a price-to-earnings ratio of 21.90, a PEG ratio of 1.43 and a beta of 1.55.

TransUnion (NYSE:TRU) last announced its earnings results on Tuesday, April 28th. The business services provider reported $1.18 earnings per share for the quarter, beating 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 firm had revenue of $1.25 billion for the quarter, compared to analyst estimates of $1.21 billion. During the same quarter in the previous year, the firm posted $1.05 EPS. The company’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. On average, equities research analysts expect that TransUnion will post 4.14 earnings per share for the current year.

TransUnion Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 11th. Shareholders of record on Wednesday, May 27th were given 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 0.6%. TransUnion’s payout ratio is 13.85%.

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.