Massey Quick Simon & CO. LLC purchased a new stake in TransUnion (NYSE:TRU) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 1,225 shares of the business services provider’s stock, valued at approximately $99,000.
A number of other hedge funds have also modified their holdings of the business. Roundview Capital LLC increased its stake in TransUnion by 2.3% in the 2nd quarter. Roundview Capital LLC now owns 6,643 shares of the business services provider’s stock valued at $488,000 after buying an additional 150 shares during the last quarter. First Republic Investment Management Inc. increased its stake in shares of TransUnion by 2.4% during the 2nd quarter. First Republic Investment Management Inc. now owns 6,711 shares of the business services provider’s stock worth $493,000 after purchasing an additional 159 shares during the last quarter. Sepio Capital LLC increased its stake in shares of TransUnion by 0.6% during the 1st quarter. Sepio Capital LLC now owns 27,666 shares of the business services provider’s stock worth $1,849,000 after purchasing an additional 167 shares during the last quarter. Natixis Advisors L.P. increased its stake in shares of TransUnion by 0.3% during the 2nd quarter. Natixis Advisors L.P. now owns 73,380 shares of the business services provider’s stock worth $5,394,000 after purchasing an additional 196 shares during the last quarter. Finally, Cerebellum GP LLC increased its stake in shares of TransUnion by 6.3% during the 3rd quarter. Cerebellum GP LLC now owns 5,330 shares of the business services provider’s stock worth $432,000 after purchasing an additional 315 shares during the last quarter.
TRU has been the topic of several recent analyst reports. Zacks Investment Research upgraded shares of TransUnion from a “hold” rating to a “buy” rating and set a $89.00 price objective on the stock in a research note on Monday, July 29th. Atlantic Securities lowered shares of TransUnion from an “overweight” rating to a “neutral” rating in a research note on Tuesday, July 30th. Deutsche Bank boosted their price objective on shares of TransUnion from $75.00 to $78.00 and gave the stock a “buy” rating in a research note on Tuesday, July 2nd. Morgan Stanley lowered their price objective on shares of TransUnion from $83.00 to $81.00 and set an “equal weight” rating on the stock in a research note on Thursday, October 10th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of TransUnion from $78.00 to $92.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 24th. Six analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of $79.25.
Shares of TransUnion stock traded down $0.76 during trading on Wednesday, hitting $80.89. 142,113 shares of the stock were exchanged, compared to its average volume of 992,716. The stock has a market capitalization of $15.11 billion, a price-to-earnings ratio of 35.02, a price-to-earnings-growth ratio of 3.26 and a beta of 0.99. The company has a fifty day moving average price of $81.31 and a 200-day moving average price of $74.75. TransUnion has a 1-year low of $52.15 and a 1-year high of $85.50. The company has a current ratio of 1.51, a quick ratio of 1.51 and a debt-to-equity ratio of 1.82.
TransUnion (NYSE:TRU) last announced its earnings results on Tuesday, July 23rd. The business services provider reported $0.66 EPS for the quarter, topping the consensus estimate of $0.58 by $0.08. The business had revenue of $661.90 million during the quarter, compared to the consensus estimate of $644.73 million. TransUnion had a net margin of 12.84% and a return on equity of 22.94%. TransUnion’s revenue was up 17.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.62 EPS. Equities research analysts forecast that TransUnion will post 2.47 EPS for the current fiscal year.
In related news, Director James M. Peck sold 103,331 shares of TransUnion stock in a transaction dated Friday, July 26th. The shares were sold at an average price of $84.10, for a total transaction of $8,690,137.10. Following the completion of the sale, the director now owns 245,345 shares of the company’s stock, valued at approximately $20,633,514.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Timothy Elberfeld sold 2,500 shares of TransUnion stock in a transaction dated Tuesday, July 23rd. The stock was sold at an average price of $80.00, for a total transaction of $200,000.00. Following the sale, the chief accounting officer now directly owns 8,242 shares of the company’s stock, valued at approximately $659,360. The disclosure for this sale can be found here. Insiders have sold a total of 241,704 shares of company stock valued at $20,068,465 in the last ninety days. 0.92% of the stock is currently owned by insiders.
TransUnion Company Profile
TransUnion provides risk and information solutions. The company operates in three segments: U.S. Information Services (USIS), International, and Consumer Interactive. The USIS segment provides consumer reports, risk scores, and analytical and decisioning services for businesses. These businesses use its services to acquire new customers; assess consumer ability to pay for services; identify cross-selling opportunities; measure and manage debt portfolio risk; collect debt; verify consumer identities; and investigate potential fraud.
Featured Article: How to calculate the annual rate of depreciation
Want to see what other hedge funds are holding TRU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for TransUnion (NYSE:TRU).
Receive News & Ratings for TransUnion Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TransUnion and related companies with MarketBeat.com's FREE daily email newsletter.