Allianz Asset Management GmbH Raises Stock Holdings in TransUnion $TRU

Allianz Asset Management GmbH grew its stake in shares of TransUnion (NYSE:TRU) by 202.1% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 163,911 shares of the business services provider’s stock after buying an additional 109,662 shares during the period. Allianz Asset Management GmbH’s holdings in TransUnion were worth $13,732,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Royal Bank of Canada lifted its holdings in TransUnion by 85.3% during the first quarter. Royal Bank of Canada now owns 75,761 shares of the business services provider’s stock valued at $6,288,000 after purchasing an additional 34,867 shares in the last quarter. Geneos Wealth Management Inc. raised its position in shares of TransUnion by 1,318.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 312 shares of the business services provider’s stock valued at $26,000 after purchasing an additional 290 shares during the period. KLP Kapitalforvaltning AS raised its position in shares of TransUnion by 1.8% during the 2nd quarter. KLP Kapitalforvaltning AS now owns 68,900 shares of the business services provider’s stock valued at $6,063,000 after purchasing an additional 1,200 shares during the period. Vontobel Holding Ltd. lifted its stake in shares of TransUnion by 127.0% during the 2nd quarter. Vontobel Holding Ltd. now owns 12,020 shares of the business services provider’s stock valued at $1,058,000 after buying an additional 6,724 shares in the last quarter. Finally, Callan Family Office LLC bought a new position in TransUnion in the 2nd quarter worth $308,000.

TransUnion Price Performance

Shares of TransUnion stock opened at $73.55 on Friday. The firm has a market cap of $14.28 billion, a PE ratio of 34.37, a PEG ratio of 1.38 and a beta of 1.70. The stock has a 50 day moving average of $83.30 and a 200 day moving average of $85.01. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 1.10. TransUnion has a 12 month low of $65.24 and a 12 month high of $101.19.

Insider Activity

In related news, insider Steven M. Chaouki sold 1,000 shares of the firm’s stock in a transaction on Friday, January 2nd. The shares were sold at an average price of $85.71, for a total value of $85,710.00. Following the completion of the transaction, the insider directly owned 61,592 shares of the company’s stock, valued at approximately $5,279,050.32. This trade represents a 1.60% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Tiffani Chambers sold 4,318 shares of the business’s stock in a transaction on Wednesday, December 17th. The stock was sold at an average price of $86.00, for a total transaction of $371,348.00. Following the completion of the sale, the executive vice president owned 50,427 shares in the company, valued at $4,336,722. This represents a 7.89% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 7,818 shares of company stock worth $663,883. 0.22% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the company. Morgan Stanley cut their price target on TransUnion from $122.00 to $120.00 and set an “overweight” rating for the company in a research note on Wednesday, December 17th. Weiss Ratings reiterated a “hold (c)” rating on shares of TransUnion in a research report on Wednesday, January 21st. UBS Group set a $90.00 target price on TransUnion and gave the company a “neutral” rating in a research note on Friday, October 24th. Stifel Nicolaus set a $103.00 price target on TransUnion in a research note on Friday, October 24th. Finally, Robert W. Baird set a $125.00 price objective on shares of TransUnion in a research report on Friday, October 24th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $101.08.

About TransUnion

TransUnion is a global information and insights company that helps businesses and consumers make critical decisions using data and analytics. As one of the three major credit bureaus in the United States, TransUnion collects and aggregates credit information on individuals and businesses, providing credit reports, risk scores and portfolio management tools to financial institutions, lenders, landlords and other decision makers. Its consumer-facing products enable individuals to monitor credit status, detect identity theft and access personalized financial insights.

The company’s offerings span credit risk assessment, identity management, fraud prevention and marketing solutions.