TransUnion (TRU) Stake Lessened by Three Peaks Capital Management LLC
Three Peaks Capital Management LLC lessened its stake in TransUnion (NYSE:TRU) by 44.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 206,154 shares of the business services provider’s stock after selling 162,979 shares during the quarter. TransUnion accounts for approximately 1.4% of Three Peaks Capital Management LLC’s holdings, making the stock its 28th biggest position. Three Peaks Capital Management LLC owned approximately 0.11% of TransUnion worth $9,743,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently bought and sold shares of the company. Teachers Advisors LLC increased its holdings in TransUnion by 5.2% in the 1st quarter. Teachers Advisors LLC now owns 65,272 shares of the business services provider’s stock worth $2,503,000 after buying an additional 3,250 shares in the last quarter. Legal & General Group Plc increased its holdings in TransUnion by 1,005.6% in the 1st quarter. Legal & General Group Plc now owns 12,737 shares of the business services provider’s stock worth $488,000 after buying an additional 11,585 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in TransUnion by 20.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 311,633 shares of the business services provider’s stock worth $11,951,000 after buying an additional 52,875 shares in the last quarter. BlackRock Inc. increased its holdings in TransUnion by 6,627.6% in the 1st quarter. BlackRock Inc. now owns 3,246,883 shares of the business services provider’s stock worth $124,517,000 after buying an additional 3,198,621 shares in the last quarter. Finally, State Street Corp increased its holdings in TransUnion by 8.1% in the 1st quarter. State Street Corp now owns 762,151 shares of the business services provider’s stock worth $29,228,000 after buying an additional 56,879 shares in the last quarter.
TransUnion (NYSE TRU) traded up $0.20 during trading on Friday, hitting $55.22. The company’s stock had a trading volume of 678,000 shares, compared to its average volume of 1,383,110. The company has a market cap of $10,071.48, a P/E ratio of 32.67, a P/E/G ratio of 3.23 and a beta of 0.62. TransUnion has a 1-year low of $28.92 and a 1-year high of $55.75. The company has a current ratio of 1.84, a quick ratio of 1.84 and a debt-to-equity ratio of 1.51.
TransUnion (NYSE:TRU) last released its quarterly earnings results on Friday, October 27th. The business services provider reported $0.49 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.43 by $0.06. The business had revenue of $498.00 million during the quarter, compared to the consensus estimate of $475.52 million. TransUnion had a return on equity of 21.37% and a net margin of 13.17%. The business’s quarterly revenue was up 13.8% compared to the same quarter last year. During the same period in the previous year, the company posted $0.38 EPS. equities research analysts forecast that TransUnion will post 1.71 EPS for the current fiscal year.
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Several equities research analysts recently commented on the company. Zacks Investment Research downgraded TransUnion from a “buy” rating to a “hold” rating in a report on Wednesday, September 6th. Cowen Inc reiterated a “buy” rating and issued a $48.00 price objective on shares of TransUnion in a report on Friday, July 28th. Royal Bank Of Canada reiterated a “buy” rating and issued a $57.00 price objective on shares of TransUnion in a report on Friday, October 27th. J P Morgan Chase & Co lifted their price objective on TransUnion from $54.00 to $60.00 and gave the stock an “overweight” rating in a report on Monday, October 30th. Finally, Atlantic Securities upgraded TransUnion from a “neutral” rating to an “overweight” rating in a report on Friday, November 17th. One 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 stock. The company presently has an average rating of “Buy” and an average price target of $55.00.
In other TransUnion news, Director Siddharth N. Mehta sold 65,000 shares of the business’s stock in a transaction dated Thursday, November 2nd. The stock was sold at an average price of $52.25, for a total transaction of $3,396,250.00. Following the completion of the sale, the director now directly owns 33,389 shares in the company, valued at approximately $1,744,575.25. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Todd M. Cello sold 4,110 shares of the business’s stock in a transaction dated Wednesday, November 1st. The shares were sold at an average price of $52.97, for a total value of $217,706.70. Following the sale, the chief financial officer now owns 21,963 shares of the company’s stock, valued at $1,163,380.11. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 4,249,709 shares of company stock valued at $220,700,448. Corporate insiders own 2.10% of the company’s stock.
TransUnion Company Profile
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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