Three Peaks Capital Management LLC decreased its holdings in shares of TransUnion (NYSE:TRU) by 5.9% during the 4th quarter, Holdings Channel.com reports. The fund owned 84,269 shares of the business services provider’s stock after selling 5,330 shares during the period. TransUnion makes up approximately 1.9% of Three Peaks Capital Management LLC’s portfolio, making the stock its 4th biggest position. Three Peaks Capital Management LLC’s holdings in TransUnion were worth $7,214,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Vanguard Group Inc. raised its stake in TransUnion by 1.8% during the second quarter. Vanguard Group Inc. now owns 16,402,625 shares of the business services provider’s stock worth $1,205,757,000 after acquiring an additional 286,889 shares during the period. BlackRock Inc. grew its position in TransUnion by 4.4% in the 2nd quarter. BlackRock Inc. now owns 13,913,336 shares of the business services provider’s stock worth $1,022,770,000 after purchasing an additional 590,167 shares during the last quarter. Massachusetts Financial Services Co. MA grew its position in TransUnion by 3.7% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 4,366,812 shares of the business services provider’s stock worth $354,192,000 after purchasing an additional 157,523 shares during the last quarter. State Street Corp grew its position in TransUnion by 0.8% in the 3rd quarter. State Street Corp now owns 3,813,571 shares of the business services provider’s stock worth $309,319,000 after purchasing an additional 30,622 shares during the last quarter. Finally, Pictet Asset Management Ltd. grew its position in TransUnion by 49.3% in the 2nd quarter. Pictet Asset Management Ltd. now owns 2,072,684 shares of the business services provider’s stock worth $152,363,000 after purchasing an additional 684,297 shares during the last quarter. Hedge funds and other institutional investors own 98.16% of the company’s stock.
Several research analysts have commented on the stock. ValuEngine cut shares of TransUnion from a “buy” rating to a “hold” rating in a research report on Wednesday, October 2nd. Zacks Investment Research cut shares of TransUnion from a “hold” rating to a “sell” rating and set a $110.00 target price for the company. in a research report on Monday, January 6th. Deutsche Bank upped their target price on shares of TransUnion from $78.00 to $85.00 and gave the stock a “buy” rating in a research report on Wednesday, October 23rd. Jefferies Financial Group assumed coverage on shares of TransUnion in a research report on Wednesday, November 27th. They issued a “hold” rating and a $86.00 target price for the company. Finally, Morgan Stanley upgraded shares of TransUnion from an “equal weight” rating to an “overweight” rating and upped their target price for the stock from $84.00 to $100.00 in a research report on Tuesday, January 7th. One analyst has rated the stock with a sell rating, five have given a hold rating and six have issued a buy rating to the company. TransUnion presently has a consensus rating of “Hold” and a consensus target price of $86.11.
In related news, CEO Christopher A. Cartwright sold 54,325 shares of the firm’s stock in a transaction that occurred on Friday, November 15th. The shares were sold at an average price of $85.59, for a total transaction of $4,649,676.75. Following the completion of the sale, the chief executive officer now directly owns 210,303 shares in the company, valued at $17,999,833.77. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Steven M. Chaouki sold 13,662 shares of the firm’s stock in a transaction that occurred on Friday, October 25th. The stock was sold at an average price of $83.02, for a total transaction of $1,134,219.24. Following the sale, the executive vice president now owns 54,674 shares of the company’s stock, valued at $4,539,035.48. The disclosure for this sale can be found here. Insiders sold 243,977 shares of company stock valued at $20,554,404 over the last quarter. Insiders own 0.92% of the company’s stock.
Shares of TransUnion stock traded up $0.30 on Friday, hitting $92.86. The company had a trading volume of 4,369 shares, compared to its average volume of 1,038,544. The business has a 50-day simple moving average of $86.84 and a 200-day simple moving average of $82.46. The company has a debt-to-equity ratio of 1.71, a current ratio of 1.42 and a quick ratio of 1.42. The company has a market cap of $17.40 billion, a PE ratio of 40.20, a PEG ratio of 2.25 and a beta of 0.97. TransUnion has a 52 week low of $57.36 and a 52 week high of $92.66.
TransUnion (NYSE:TRU) last posted its quarterly earnings data on Tuesday, October 22nd. The business services provider reported $0.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.71 by $0.05. The business had revenue of $689.00 million during the quarter, compared to analysts’ expectations of $676.37 million. TransUnion had a net margin of 14.17% and a return on equity of 23.59%. The business’s revenue was up 14.1% on a year-over-year basis. During the same period last year, the firm posted $0.65 earnings per share. On average, equities research analysts predict that TransUnion will post 2.55 earnings per share for the current fiscal year.
TransUnion Company Profile
TransUnion provides risk and information solutions. The company operates in three segments: U.S. Information Services (USIS), International, and Consumer Interactive. The USIS segment provides consumer reports, risk scores, and analytical and decisioning services for businesses. These businesses use 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 investigate potential fraud.
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