Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of TransUnion (NYSE:TRU) by 5.1% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 34,764 shares of the business services provider’s stock after buying an additional 1,699 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in TransUnion were worth $2,324,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also recently modified their holdings of TRU. Lunia Capital LP grew its holdings in TransUnion by 7,134.4% in the fourth quarter. Lunia Capital LP now owns 16,708,913 shares of the business services provider’s stock valued at $16,709,000 after purchasing an additional 16,477,948 shares during the period. Vanguard Group Inc grew its holdings in TransUnion by 0.7% in the third quarter. Vanguard Group Inc now owns 15,801,372 shares of the business services provider’s stock valued at $1,162,665,000 after purchasing an additional 116,055 shares during the period. BlackRock Inc. grew its holdings in TransUnion by 0.8% in the fourth quarter. BlackRock Inc. now owns 10,179,368 shares of the business services provider’s stock valued at $578,186,000 after purchasing an additional 79,111 shares during the period. Atlanta Capital Management Co. L L C grew its holdings in TransUnion by 7.4% in the fourth quarter. Atlanta Capital Management Co. L L C now owns 8,796,609 shares of the business services provider’s stock valued at $499,647,000 after purchasing an additional 606,359 shares during the period. Finally, Principal Financial Group Inc. grew its holdings in TransUnion by 0.4% in the fourth quarter. Principal Financial Group Inc. now owns 5,531,616 shares of the business services provider’s stock valued at $314,196,000 after purchasing an additional 22,053 shares during the period.
In other news, insider James M. Peck sold 124,070 shares of the business’s stock in a transaction on Friday, April 26th. The shares were sold at an average price of $68.80, for a total transaction of $8,536,016.00. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CAO Timothy Elberfeld sold 1,000 shares of the business’s stock in a transaction on Friday, April 12th. The stock was sold at an average price of $70.00, for a total transaction of $70,000.00. Following the transaction, the chief accounting officer now directly owns 13,062 shares in the company, valued at $914,340. The disclosure for this sale can be found here. Over the last three months, insiders have sold 338,111 shares of company stock worth $22,383,569. Corporate insiders own 0.92% of the company’s stock.
TRU stock traded down $0.85 during midday trading on Thursday, reaching $65.25. 4,515 shares of the company’s stock traded hands, compared to its average volume of 1,549,519. The stock has a market cap of $12.74 billion, a price-to-earnings ratio of 28.02, a price-to-earnings-growth ratio of 4.11 and a beta of 0.94. The company has a quick ratio of 1.64, a current ratio of 1.64 and a debt-to-equity ratio of 1.90. TransUnion has a fifty-two week low of $52.15 and a fifty-two week high of $79.48.
TransUnion (NYSE:TRU) last announced its quarterly earnings results on Tuesday, April 23rd. The business services provider reported $0.60 earnings per share for the quarter, beating analysts’ consensus estimates of $0.53 by $0.07. The firm had revenue of $623.50 million for the quarter, compared to analysts’ expectations of $618.38 million. TransUnion had a net margin of 11.43% and a return on equity of 22.63%. TransUnion’s revenue was up 16.0% compared to the same quarter last year. During the same period in the previous year, the company posted $0.57 earnings per share. On average, equities analysts forecast that TransUnion will post 2.39 EPS for the current fiscal year.
TRU has been the subject of a number of recent analyst reports. Deutsche Bank boosted their target price on shares of TransUnion from $69.00 to $75.00 and gave the company a “buy” rating in a report on Wednesday, April 17th. Barclays restated a “buy” rating and issued a $80.00 target price on shares of TransUnion in a report on Sunday. ValuEngine raised shares of TransUnion from a “hold” rating to a “buy” rating in a research report on Friday, February 22nd. Zacks Investment Research raised shares of TransUnion from a “sell” rating to a “hold” rating in a research report on Saturday, January 26th. Finally, BNP Paribas started coverage on shares of TransUnion in a research report on Friday, March 15th. They set a “neutral” rating and a $66.00 price target on the stock. Six research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of $75.64.
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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