Teachers Advisors LLC Has $2.50 Million Position in TransUnion (TRU)
Teachers Advisors LLC raised its stake in shares of TransUnion (NYSE:TRU) by 5.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 65,272 shares of the business services provider’s stock after buying an additional 3,250 shares during the period. Teachers Advisors LLC’s holdings in TransUnion were worth $2,503,000 as of its most recent SEC filing.
Other institutional investors have also made changes to their positions in the company. American Century Companies Inc. raised its stake in TransUnion by 44.1% in the first quarter. American Century Companies Inc. now owns 42,133 shares of the business services provider’s stock valued at $1,616,000 after buying an additional 12,891 shares during the period. Chicago Equity Partners LLC bought a new stake in shares of TransUnion during the first quarter worth approximately $864,000. Sumitomo Mitsui Trust Holdings Inc. raised its stake in shares of TransUnion by 68.6% in the first quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 11,800 shares of the business services provider’s stock worth $453,000 after buying an additional 4,800 shares during the last quarter. Stoneridge Investment Partners LLC raised its stake in shares of TransUnion by 23.5% in the first quarter. Stoneridge Investment Partners LLC now owns 23,523 shares of the business services provider’s stock worth $902,000 after buying an additional 4,473 shares during the last quarter. Finally, Great West Life Assurance Co. Can raised its stake in shares of TransUnion by 37.3% in the first quarter. Great West Life Assurance Co. Can now owns 11,789 shares of the business services provider’s stock worth $451,000 after buying an additional 3,200 shares during the last quarter.
TransUnion (NYSE TRU) traded up 0.19% during midday trading on Wednesday, hitting $46.42. 94,109 shares of the stock were exchanged. The stock has a market cap of $8.44 billion, a PE ratio of 39.95 and a beta of 0.61. The company’s 50 day moving average is $44.98 and its 200-day moving average is $40.67. TransUnion has a 1-year low of $28.92 and a 1-year high of $46.53.
TransUnion (NYSE:TRU) last posted its quarterly earnings results on Tuesday, July 25th. The business services provider reported $0.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.44 by $0.03. The firm had revenue of $474.80 million during the quarter, compared to analyst estimates of $464.77 million. TransUnion had a return on equity of 20.32% and a net margin of 12.08%. TransUnion’s quarterly revenue was up 11.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.37 EPS. On average, analysts expect that TransUnion will post $1.83 earnings per share for the current year.
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TRU has been the topic of a number of research analyst reports. TheStreet upgraded shares of TransUnion from a “c” rating to a “b-” rating in a report on Monday, June 26th. Zacks Investment Research downgraded shares of TransUnion from a “buy” rating to a “hold” rating in a research report on Monday, May 1st. Morgan Stanley reissued an “overweight” rating and issued a $47.00 price objective (up previously from $45.00) on shares of TransUnion in a research report on Tuesday, July 18th. Deutsche Bank AG reissued a “buy” rating and issued a $47.00 price objective (up previously from $45.00) on shares of TransUnion in a research report on Saturday, April 29th. Finally, Barclays PLC restated an “overweight” rating and set a $48.00 target price (up previously from $45.00) on shares of TransUnion in a research note on Friday, June 16th. One equities research analyst has rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $46.75.
In other TransUnion news, CAO Timothy Elberfeld sold 902 shares of the business’s 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 completion of the sale, the chief accounting officer now directly owns 15,423 shares in the company, valued at approximately $700,666.89. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, major shareholder Goldman Sachs Group Inc sold 13,734,177 shares of the business’s stock in a transaction dated Friday, August 4th. The shares were sold at an average price of $45.60, for a total value of $626,278,471.20. The disclosure for this sale can be found here. In the last three months, insiders sold 14,037,490 shares of company stock valued at $640,098,799. 2.10% of the stock is owned by insiders.
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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