US Bancorp DE lessened its position in shares of TransUnion (NYSE:TRU - Free Report) by 32.1% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 12,760 shares of the business services provider's stock after selling 6,029 shares during the period. US Bancorp DE's holdings in TransUnion were worth $1,336,000 at the end of the most recent reporting period.
Other hedge funds have also added to or reduced their stakes in the company. Larson Financial Group LLC boosted its holdings in shares of TransUnion by 237.5% in the first quarter. Larson Financial Group LLC now owns 486 shares of the business services provider's stock worth $39,000 after acquiring an additional 342 shares during the period. Quarry LP grew its position in shares of TransUnion by 963.0% during the 2nd quarter. Quarry LP now owns 574 shares of the business services provider's stock valued at $43,000 after acquiring an additional 520 shares during the period. Signaturefd LLC increased its holdings in TransUnion by 15.0% in the 3rd quarter. Signaturefd LLC now owns 788 shares of the business services provider's stock worth $83,000 after acquiring an additional 103 shares in the last quarter. Blue Trust Inc. grew its holdings in TransUnion by 156.6% during the 2nd quarter. Blue Trust Inc. now owns 857 shares of the business services provider's stock valued at $68,000 after buying an additional 523 shares in the last quarter. Finally, National Bank of Canada FI grew its holdings in TransUnion by 22.3% during the 2nd quarter. National Bank of Canada FI now owns 910 shares of the business services provider's stock valued at $66,000 after purchasing an additional 166 shares during the last quarter.
Insider Activity
In related news, CAO Jennifer A. Williams sold 405 shares of TransUnion stock in a transaction dated Thursday, August 29th. The stock was sold at an average price of $95.58, for a total transaction of $38,709.90. Following the completion of the sale, the chief accounting officer now owns 7,186 shares of the company's stock, valued at $686,837.88. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In related news, EVP Timothy J. Martin sold 2,500 shares of the business's stock in a transaction on Tuesday, October 1st. The shares were sold at an average price of $104.59, for a total transaction of $261,475.00. Following the completion of the transaction, the executive vice president now owns 46,739 shares in the company, valued at approximately $4,888,432.01. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CAO Jennifer A. Williams sold 405 shares of the stock in a transaction that occurred on Thursday, August 29th. The stock was sold at an average price of $95.58, for a total value of $38,709.90. Following the sale, the chief accounting officer now directly owns 7,186 shares of the company's stock, valued at $686,837.88. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 9,815 shares of company stock worth $961,407. Corporate insiders own 0.22% of the company's stock.
TransUnion Stock Up 0.6 %
TRU stock traded up $0.59 during mid-day trading on Friday, reaching $106.96. 542,552 shares of the company traded hands, compared to its average volume of 1,589,114. TransUnion has a fifty-two week low of $51.40 and a fifty-two week high of $113.17. The company has a quick ratio of 1.68, a current ratio of 1.68 and a debt-to-equity ratio of 1.19. The firm's 50 day moving average price is $102.83 and its 200 day moving average price is $87.57. The stock has a market cap of $20.85 billion, a price-to-earnings ratio of 92.45, a P/E/G ratio of 1.42 and a beta of 1.62.
TransUnion (NYSE:TRU - Get Free Report) last released its earnings results on Wednesday, October 23rd. The business services provider reported $1.04 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.01 by $0.03. The business had revenue of $1.09 billion during the quarter, compared to the consensus estimate of $1.06 billion. TransUnion had a return on equity of 15.38% and a net margin of 5.47%. The business's revenue for the quarter was up 12.0% on a year-over-year basis. During the same period last year, the business posted $0.80 earnings per share. As a group, equities research analysts predict that TransUnion will post 3.46 EPS for the current fiscal year.
Wall Street Analyst Weigh In
TRU has been the subject of several recent research reports. Royal Bank of Canada reissued an "outperform" rating and issued a $121.00 price target on shares of TransUnion in a research report on Thursday, October 24th. Wolfe Research raised shares of TransUnion from a "peer perform" rating to an "outperform" rating and set a $130.00 target price on the stock in a report on Thursday, October 10th. Wells Fargo & Company lifted their price target on TransUnion from $125.00 to $135.00 and gave the company an "overweight" rating in a research note on Thursday, October 24th. Barclays increased their price objective on shares of TransUnion from $80.00 to $105.00 and gave the stock an "equal weight" rating in a report on Friday, September 13th. Finally, Oppenheimer boosted their price objective on shares of TransUnion from $118.00 to $122.00 and gave the stock an "outperform" rating in a research note on Thursday, October 24th. Seven equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $104.53.
Check Out Our Latest Stock Analysis on TransUnion
TransUnion Company Profile
(
Free Report)
TransUnion operates as a global consumer credit reporting agency that provides risk and information solutions. The company operates through U.S. Markets, International, and Consumer Interactive segments. The U.S. Markets segment provides consumer reports, actionable insights, and analytic services to businesses, which uses 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 mitigate fraud risk.
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