Chicago Equity Partners LLC Grows Position in TransUnion (TRU)
Chicago Equity Partners LLC increased its stake in shares of TransUnion (NYSE:TRU) by 198.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 86,625 shares of the business services provider’s stock after buying an additional 57,580 shares during the quarter. Chicago Equity Partners LLC’s holdings in TransUnion were worth $4,761,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Strs Ohio purchased a new position in shares of TransUnion during the fourth quarter worth about $107,000. Robeco Institutional Asset Management B.V. purchased a new position in shares of TransUnion during the fourth quarter worth about $136,000. Livforsakringsbolaget Skandia Omsesidigt purchased a new position in shares of TransUnion during the fourth quarter worth about $137,000. ETRADE Capital Management LLC purchased a new position in shares of TransUnion during the third quarter worth about $204,000. Finally, Alpine Global Management LLC purchased a new position in shares of TransUnion during the second quarter worth about $217,000.
In other TransUnion news, EVP John W. Blenke sold 10,000 shares of TransUnion stock in a transaction that occurred on Tuesday, November 14th. The stock was sold at an average price of $54.25, for a total value of $542,500.00. Following the sale, the executive vice president now owns 49,717 shares of the company’s stock, valued at approximately $2,697,147.25. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider James M. Peck sold 35,886 shares of TransUnion stock in a transaction that occurred on Friday, December 1st. The shares were sold at an average price of $54.93, for a total value of $1,971,217.98. Following the completion of the sale, the insider now directly owns 202,343 shares in the company, valued at approximately $11,114,700.99. The disclosure for this sale can be found here. Insiders sold a total of 806,007 shares of company stock worth $44,165,182 in the last ninety days. 2.10% of the stock is owned by corporate insiders.
TRU has been the topic of a number of research reports. Royal Bank of Canada reissued a “buy” rating and set a $57.00 price target on shares of TransUnion in a report on Friday, October 27th. Zacks Investment Research lowered TransUnion from a “buy” rating to a “hold” rating in a report on Tuesday, January 2nd. JPMorgan Chase & Co. raised their price target on TransUnion from $54.00 to $60.00 and gave the stock an “overweight” rating in a report on Monday, October 30th. Barclays reaffirmed a “buy” rating and issued a $65.00 price objective on shares of TransUnion in a report on Friday, December 15th. Finally, Robert W. Baird reaffirmed a “buy” rating and issued a $62.00 price objective on shares of TransUnion in a report on Tuesday, January 9th. One investment analyst has rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of $58.55.
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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