Prana Capital Management LP bought a new stake in shares of TransUnion (NYSE:TRU) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 59,750 shares of the business services provider’s stock, valued at approximately $3,284,000. TransUnion comprises 1.1% of Prana Capital Management LP’s investment portfolio, making the stock its 22nd largest holding.
A number of other institutional investors and hedge funds have also modified their holdings of the business. The Manufacturers Life Insurance Company boosted its stake in TransUnion by 8.0% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 5,482 shares of the business services provider’s stock valued at $238,000 after purchasing an additional 404 shares during the last quarter. Strs Ohio purchased a new stake in TransUnion during the 4th quarter valued at $107,000. Valeo Financial Advisors LLC purchased a new stake in TransUnion during the 4th quarter valued at $113,000. Highland Capital Management LLC boosted its stake in TransUnion by 30.0% during the 4th quarter. Highland Capital Management LLC now owns 9,111 shares of the business services provider’s stock valued at $501,000 after purchasing an additional 2,104 shares during the last quarter. Finally, LS Investment Advisors LLC purchased a new stake in TransUnion during the 4th quarter valued at $131,000.
TransUnion (NYSE:TRU) opened at $58.02 on Monday. The firm has a market capitalization of $10,652.47, a price-to-earnings ratio of 25.01, a P/E/G ratio of 2.77 and a beta of 0.73. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 1.29. TransUnion has a 52-week low of $36.95 and a 52-week high of $61.42.
Several brokerages have commented on TRU. Zacks Investment Research upgraded TransUnion from a “hold” rating to a “buy” rating and set a $63.00 target price on the stock in a research note on Friday, February 16th. Morgan Stanley set a $57.00 price target on TransUnion and gave the stock a “hold” rating in a research note on Wednesday, February 14th. Stifel Nicolaus restated a “buy” rating and issued a $62.00 price target (up from $59.00) on shares of TransUnion in a research note on Wednesday, February 14th. Royal Bank of Canada raised their price target on TransUnion to $67.00 and gave the stock an “outperform” rating in a research note on Friday, January 19th. Finally, Bank of America upgraded TransUnion from a “neutral” rating to a “buy” rating in a research note on Thursday, January 18th. One investment analyst has rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $58.64.
In related news, CAO Timothy Elberfeld sold 1,450 shares of TransUnion stock in a transaction on Thursday, March 1st. The stock was sold at an average price of $56.92, for a total transaction of $82,534.00. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP John T. Danaher sold 85,630 shares of TransUnion stock in a transaction on Friday, February 16th. The shares were sold at an average price of $58.34, for a total value of $4,995,654.20. Following the transaction, the executive vice president now owns 61,794 shares in the company, valued at $3,605,061.96. The disclosure for this sale can be found here. Insiders have sold 539,432 shares of company stock worth $29,969,215 over the last quarter. 2.10% of the stock is owned by company insiders.
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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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