Zurcher Kantonalbank Zurich Cantonalbank Has $1.47 Million Stake in TransUnion (TRU)
Zurcher Kantonalbank Zurich Cantonalbank grew its stake in TransUnion (NYSE:TRU) by 425.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 26,729 shares of the business services provider’s stock after purchasing an additional 21,638 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in TransUnion were worth $1,469,000 at the end of the most recent reporting period.
Other hedge funds also recently bought and sold shares of the company. Strs Ohio acquired a new position in shares of TransUnion in the 4th quarter valued at $107,000. Robeco Institutional Asset Management B.V. acquired a new position in shares of TransUnion in the 4th quarter valued at $136,000. Livforsakringsbolaget Skandia Omsesidigt acquired a new position in shares of TransUnion in the 4th quarter valued at $137,000. ETRADE Capital Management LLC bought a new stake in shares of TransUnion in the 3rd quarter valued at $204,000. Finally, Harbor Advisors LLC bought a new stake in shares of TransUnion in the 3rd quarter valued at $236,000.
TRU has been the subject of a number of recent analyst reports. Morgan Stanley upped their price objective on shares of TransUnion from $50.00 to $51.00 and gave the company an “overweight” rating in a research report on Monday, October 23rd. Deutsche Bank restated a “buy” rating and issued a $55.00 price objective (up previously from $50.00) on shares of TransUnion in a research report on Tuesday, October 24th. Royal Bank of Canada restated a “buy” rating and issued a $57.00 price objective on shares of TransUnion in a research report on Friday, October 27th. Stifel Nicolaus restated a “buy” rating and issued a $59.00 price objective (up previously from $50.00) on shares of TransUnion in a research report on Sunday, October 29th. Finally, SunTrust Banks upped their price objective on shares of TransUnion to $64.00 and gave the company a “buy” rating in a research report on Monday, October 30th. One research analyst has rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of $58.73.
TransUnion (NYSE:TRU) last released its earnings results on Tuesday, February 13th. The business services provider reported $0.50 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.48 by $0.02. The firm had revenue of $506.10 million during the quarter, compared to analysts’ expectations of $487.83 million. TransUnion had a return on equity of 21.37% and a net margin of 13.17%. The company’s revenue was up 16.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.44 EPS. research analysts expect that TransUnion will post 1.71 earnings per share for the current year.
In other TransUnion news, EVP Christopher A. Cartwright sold 234,565 shares of the stock in a transaction dated Tuesday, November 21st. The stock was sold at an average price of $55.05, for a total transaction of $12,912,803.25. Following the completion of the transaction, the executive vice president now owns 105,917 shares in the company, valued at approximately $5,830,730.85. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider James M. Peck sold 215,381 shares of the stock in a transaction dated Friday, December 15th. The stock was sold at an average price of $54.80, for a total value of $11,802,878.80. Following the transaction, the insider now owns 402,343 shares of the company’s stock, valued at approximately $22,048,396.40. The disclosure for this sale can be found here. In the last quarter, insiders have sold 796,007 shares of company stock valued at $43,622,682. Corporate insiders own 2.10% of the company’s stock.
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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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