Eagle Asset Management Inc. lifted its stake in TransUnion (NYSE:TRU) by 2.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,659,448 shares of the business services provider’s stock after buying an additional 38,004 shares during the period. TransUnion makes up approximately 0.7% of Eagle Asset Management Inc.’s holdings, making the stock its 25th largest holding. Eagle Asset Management Inc. owned about 0.88% of TransUnion worth $134,597,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Parallel Advisors LLC increased its holdings in shares of TransUnion by 287.3% in the third quarter. Parallel Advisors LLC now owns 306 shares of the business services provider’s stock worth $25,000 after buying an additional 227 shares during the period. CSat Investment Advisory L.P. purchased a new position in TransUnion during the 2nd quarter valued at about $30,000. Cullen Frost Bankers Inc. increased its holdings in TransUnion by 222.9% during the 2nd quarter. Cullen Frost Bankers Inc. now owns 678 shares of the business services provider’s stock valued at $50,000 after purchasing an additional 468 shares during the period. CENTRAL TRUST Co purchased a new position in TransUnion during the 2nd quarter valued at about $54,000. Finally, Massey Quick Simon & CO. LLC purchased a new position in TransUnion during the 3rd quarter valued at about $99,000.
In other TransUnion news, Director James M. Peck sold 101,167 shares of the company’s stock in a transaction that occurred on Friday, October 25th. The stock was sold at an average price of $83.02, for a total transaction of $8,398,884.34. Following the transaction, the director now owns 243,181 shares in the company, valued at approximately $20,188,886.62. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Todd M. Cello sold 7,500 shares of the company’s stock in a transaction that occurred on Friday, October 25th. The stock was sold at an average price of $83.81, for a total value of $628,575.00. Following the transaction, the chief financial officer now owns 41,318 shares in the company, valued at approximately $3,462,861.58. The disclosure for this sale can be found here. Insiders have sold a total of 127,329 shares of company stock worth $10,580,429 in the last quarter. Company insiders own 0.92% of the company’s stock.
Shares of TRU stock traded down $0.16 during midday trading on Friday, reaching $80.62. 625,083 shares of the stock were exchanged, compared to its average volume of 1,251,200. TransUnion has a 1 year low of $52.15 and a 1 year high of $85.50. The company’s 50 day moving average is $81.04 and its two-hundred day moving average is $76.26. The company has a current ratio of 1.42, a quick ratio of 1.42 and a debt-to-equity ratio of 1.71. The firm has a market cap of $15.27 billion, a PE ratio of 34.90, a price-to-earnings-growth ratio of 2.19 and a beta of 0.99.
TransUnion (NYSE:TRU) last posted its earnings results on Tuesday, October 22nd. The business services provider reported $0.76 earnings per share for the quarter, topping analysts’ consensus estimates of $0.71 by $0.05. TransUnion had a return on equity of 23.59% and a net margin of 14.17%. The firm had revenue of $689.00 million for the quarter, compared to the consensus estimate of $676.37 million. During the same quarter in the prior year, the business earned $0.65 EPS. The business’s revenue for the quarter was up 14.1% on a year-over-year basis. As a group, equities analysts expect that TransUnion will post 2.55 EPS for the current fiscal year.
TRU has been the topic of a number of research analyst reports. Deutsche Bank boosted their price target on TransUnion from $78.00 to $85.00 and gave the company a “buy” rating in a report on Wednesday, October 23rd. Zacks Investment Research upgraded TransUnion from a “hold” rating to a “buy” rating and set a $89.00 price target on the stock in a report on Monday, July 29th. ValuEngine downgraded TransUnion from a “buy” rating to a “hold” rating in a report on Wednesday, October 2nd. William Blair restated an “outperform” rating on shares of TransUnion in a report on Wednesday, October 23rd. Finally, Atlantic Securities downgraded TransUnion from an “overweight” rating to a “neutral” rating in a report on Tuesday, July 30th. Six equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of $79.50.
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.
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