Barings LLC maintained its position in TransUnion (NYSE:TRU) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 13,900 shares of the business services provider’s stock at the end of the second quarter. Barings LLC’s holdings in TransUnion were worth $533,000 as of its most recent filing with the Securities & Exchange Commission.
Several other large investors also recently bought and sold shares of the company. Aperio Group LLC grew its stake in shares of TransUnion by 2.7% during the 2nd quarter. Aperio Group LLC now owns 12,220 shares of the business services provider’s stock worth $529,000 after purchasing an additional 321 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in TransUnion by 17.0% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,780 shares of the business services provider’s stock valued at $207,000 after acquiring an additional 694 shares during the last quarter. Teacher Retirement System of Texas grew its stake in TransUnion by 14.7% in the 1st quarter. Teacher Retirement System of Texas now owns 8,515 shares of the business services provider’s stock valued at $327,000 after acquiring an additional 1,094 shares during the last quarter. Prudential Financial Inc. grew its stake in TransUnion by 12.5% in the 2nd quarter. Prudential Financial Inc. now owns 10,690 shares of the business services provider’s stock valued at $463,000 after acquiring an additional 1,190 shares during the last quarter. Finally, Envestnet Asset Management Inc. grew its stake in TransUnion by 22.7% in the 1st quarter. Envestnet Asset Management Inc. now owns 7,629 shares of the business services provider’s stock valued at $292,000 after acquiring an additional 1,409 shares during the last quarter.
In other TransUnion news, CAO Timothy Elberfeld sold 902 shares of TransUnion stock in a transaction dated Friday, July 28th. The stock was sold at an average price of $45.43, for a total transaction of $40,977.86. Following the transaction, the chief accounting officer now owns 15,423 shares of the company’s stock, valued at approximately $700,666.89. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider James M. Peck sold 39,229 shares of TransUnion stock in a transaction dated Friday, September 1st. The shares were sold at an average price of $47.83, for a total value of $1,876,323.07. Following the transaction, the insider now directly owns 202,343 shares in the company, valued at approximately $9,678,065.69. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 14,108,242 shares of company stock worth $643,363,096. Company insiders own 2.10% of the company’s stock.
TRU has been the topic of a number of research reports. TheStreet raised shares of TransUnion from a “c” rating to a “b-” rating in a research note on Monday, June 26th. Morgan Stanley reissued an “overweight” rating and issued a $47.00 price objective (up from $45.00) on shares of TransUnion in a research note on Tuesday, July 18th. Zacks Investment Research raised shares of TransUnion from a “hold” rating to a “buy” rating and set a $51.00 price objective on the stock in a research note on Thursday, July 27th. Cowen and Company reissued a “buy” rating and issued a $48.00 price objective on shares of TransUnion in a research note on Friday, July 28th. Finally, BidaskClub raised shares of TransUnion from a “buy” rating to a “strong-buy” rating in a research note on Monday, August 14th. One research analyst has rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company. TransUnion presently has an average rating of “Buy” and an average target price of $48.56.
TransUnion (NYSE TRU) opened at 49.64 on Monday. TransUnion has a 12-month low of $28.92 and a 12-month high of $50.15. The firm has a 50-day moving average of $46.71 and a 200-day moving average of $46.71. The stock has a market capitalization of $9.03 billion, a price-to-earnings ratio of 42.72 and a beta of 0.58.
TransUnion (NYSE:TRU) last released its earnings results on Tuesday, July 25th. The business services provider reported $0.47 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.44 by $0.03. TransUnion had a return on equity of 20.32% and a net margin of 12.08%. The company had revenue of $474.80 million for the quarter, compared to analysts’ expectations of $464.77 million. During the same quarter in the previous year, the business posted $0.37 EPS. The business’s revenue for the quarter was up 11.5% on a year-over-year basis. Equities research analysts forecast that TransUnion will post $1.83 earnings per share for the current fiscal year.
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TransUnion Company Profile
TransUnion is a risk and information solutions provider to businesses and consumers. The Company provides consumer reports, risk scores, analytical services and decision capabilities to businesses. The Company operates through three segments: U.S. Information Services (USIS), International and Consumer Interactive.
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