Bamco Inc. NY increased its stake in shares of TransUnion (NYSE:TRU) by 35.3% in the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 864,169 shares of the business services provider’s stock after buying an additional 225,243 shares during the period. Bamco Inc. NY owned about 0.47% of TransUnion worth $40,841,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently bought and sold shares of TRU. Teachers Advisors LLC increased its holdings in TransUnion by 5.2% during the first 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 during the last quarter. Dimensional Fund Advisors LP boosted its position in TransUnion by 20.4% during the first quarter. Dimensional Fund Advisors LP now owns 311,633 shares of the business services provider’s stock worth $11,951,000 after purchasing an additional 52,875 shares during the period. Aperio Group LLC boosted its position in TransUnion by 2.7% during the second quarter. Aperio Group LLC now owns 12,220 shares of the business services provider’s stock worth $529,000 after purchasing an additional 321 shares during the period. Public Employees Retirement Association of Colorado boosted its position in TransUnion by 138.6% during the second 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 during the period. Finally, NGAM Advisors L.P. boosted its position in TransUnion by 22.1% during the second quarter. NGAM Advisors L.P. now owns 12,657 shares of the business services provider’s stock worth $548,000 after purchasing an additional 2,294 shares during the period.
TransUnion (TRU) traded down $0.71 during mid-day trading on Wednesday, hitting $55.00. 1,068,800 shares of the stock were exchanged, compared to its average volume of 1,397,342. The company has a debt-to-equity ratio of 1.51, a current ratio of 1.84 and a quick ratio of 1.84. TransUnion has a one year low of $30.39 and a one year high of $56.44. The company has a market capitalization of $10,160.85, a price-to-earnings ratio of 32.96, a P/E/G ratio of 3.26 and a beta of 0.64.
TransUnion (NYSE:TRU) last released its quarterly earnings data on Friday, October 27th. The business services provider reported $0.49 EPS for the quarter, beating analysts’ consensus estimates of $0.43 by $0.06. TransUnion had a net margin of 13.17% and a return on equity of 21.37%. The company had revenue of $498.00 million during the quarter, compared to analyst estimates of $475.52 million. During the same period last year, the business earned $0.38 earnings per share. TransUnion’s revenue was up 13.8% compared to the same quarter last year. analysts anticipate that TransUnion will post 1.71 EPS for the current fiscal year.
In other news, EVP John T. Danaher sold 25,000 shares of the firm’s stock in a transaction that occurred on Tuesday, December 5th. The shares were sold at an average price of $54.92, for a total value of $1,373,000.00. Following the completion of the transaction, the executive vice president now directly owns 61,619 shares in the company, valued at $3,384,115.48. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, major shareholder Goldman Sachs Group Inc sold 3,698,137 shares of the firm’s stock in a transaction that occurred on Thursday, November 2nd. The shares were 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. Insiders sold 4,256,366 shares of company stock valued at $222,165,192 over the last 90 days. 2.10% of the stock is owned by company insiders.
TRU has been the subject of a number of research reports. Deutsche Bank reiterated a “buy” rating on shares of TransUnion in a research report on Friday, September 8th. SunTrust Banks increased their target price on shares of TransUnion to $64.00 and gave the stock a “buy” rating in a research report on Monday, October 30th. Zacks Investment Research upgraded shares of TransUnion from a “hold” rating to a “buy” rating and set a $52.00 target price for the company in a research report on Wednesday, August 23rd. Stifel Nicolaus reiterated a “buy” rating and set a $59.00 target price (up previously from $50.00) on shares of TransUnion in a research report on Sunday, October 29th. Finally, Barclays increased their target price on shares of TransUnion from $50.00 to $55.00 and gave the stock an “overweight” rating in a research report on Monday, October 30th. One investment analyst has rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the stock. TransUnion presently has a consensus rating of “Buy” and an average target price of $55.00.
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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