TransUnion (TRU) Holdings Cut by American Century Companies Inc.
American Century Companies Inc. cut its position in TransUnion (NYSE:TRU) by 4.3% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27,168 shares of the business services provider’s stock after selling 1,225 shares during the quarter. American Century Companies Inc.’s holdings in TransUnion were worth $1,284,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Public Employees Retirement Association of Colorado lifted its stake in TransUnion by 138.6% in the 2nd quarter. Public Employees Retirement Association of Colorado now owns 4,009 shares of the business services provider’s stock worth $174,000 after purchasing an additional 2,329 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted 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 worth $207,000 after purchasing an additional 694 shares in the last quarter. SG Americas Securities LLC purchased a new stake in TransUnion in the 2nd quarter worth approximately $212,000. Alpine Global Management LLC purchased a new stake in TransUnion in the 2nd quarter worth approximately $217,000. Finally, Harbor Advisors LLC purchased a new stake in TransUnion in the 3rd quarter worth approximately $236,000.
Several analysts have issued reports on the stock. Atlantic Securities upgraded shares of TransUnion from a “neutral” rating to an “overweight” rating in a research note on Friday, November 17th. Royal Bank Of Canada reiterated a “buy” rating and issued a $57.00 target price on shares of TransUnion in a research note on Friday, October 27th. Stifel Nicolaus reiterated a “buy” rating and issued a $59.00 target price (up from $50.00) on shares of TransUnion in a research note on Sunday, October 29th. Morgan Stanley cut shares of TransUnion from an “overweight” rating to an “equal weight” rating and set a $54.00 target price on the stock. in a research note on Monday, October 30th. Finally, SunTrust Banks increased their target price on shares of TransUnion to $64.00 and gave the stock a “buy” rating in a research note on Monday, October 30th. One investment analyst has rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company’s stock. TransUnion currently has an average rating of “Buy” and an average target price of $55.00.
In related news, CFO Todd M. Cello sold 4,110 shares of TransUnion stock in a transaction on Wednesday, November 1st. The shares were sold at an average price of $52.97, for a total value of $217,706.70. Following the transaction, the chief financial officer now owns 21,963 shares in the company, valued at approximately $1,163,380.11. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, major shareholder Goldman Sachs Group Inc sold 3,698,137 shares of TransUnion stock in a transaction on Thursday, November 2nd. The stock was sold at an average price of $52.25, for a total transaction of $193,227,658.25. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 4,234,709 shares of company stock worth $220,697,298. Corporate insiders own 2.10% of the company’s stock.
TransUnion (TRU) traded up $0.02 during trading on Wednesday, hitting $55.61. 1,116,000 shares of the stock traded hands, compared to its average volume of 1,375,537. The company has a debt-to-equity ratio of 1.51, a quick ratio of 1.84 and a current ratio of 1.84. The stock has a market cap of $10,200.00 and a PE ratio of 32.62. TransUnion has a 12-month low of $28.92 and a 12-month high of $56.21.
TransUnion (NYSE:TRU) last posted its quarterly earnings data on Friday, October 27th. The business services provider reported $0.49 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.43 by $0.06. The firm had revenue of $498.00 million for the quarter, compared to analysts’ expectations of $475.52 million. TransUnion had a net margin of 13.17% and a return on equity of 21.37%. The business’s quarterly revenue was up 13.8% on a year-over-year basis. During the same quarter last year, the company posted $0.38 EPS. equities research analysts forecast that TransUnion will post 1.71 EPS for the current year.
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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