Three Peaks Capital Management LLC Boosts Position in TransUnion (TRU)

Three Peaks Capital Management LLC lifted its stake in shares of TransUnion (NYSE:TRU) by 16.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 240,158 shares of the business services provider’s stock after purchasing an additional 34,004 shares during the quarter. TransUnion comprises 2.0% of Three Peaks Capital Management LLC’s investment portfolio, making the stock its 12th biggest holding. Three Peaks Capital Management LLC owned about 0.13% of TransUnion worth $13,199,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in the company. TIAA FSB acquired a new stake in shares of TransUnion in the 4th quarter worth about $2,163,000. Highland Capital Management LLC increased its stake in TransUnion by 30.0% in the 4th quarter. Highland Capital Management LLC now owns 9,111 shares of the business services provider’s stock valued at $501,000 after buying an additional 2,104 shares during the last quarter. Robeco Institutional Asset Management B.V. purchased a new stake in TransUnion in the 4th quarter valued at about $136,000. Sumitomo Mitsui Asset Management Company LTD purchased a new stake in TransUnion in the 4th quarter valued at about $530,000. Finally, Cortland Associates Inc. MO increased its stake in TransUnion by 1.2% in the 4th quarter. Cortland Associates Inc. MO now owns 328,860 shares of the business services provider’s stock valued at $18,074,000 after buying an additional 3,793 shares during the last quarter.

Several research firms have commented on TRU. Morgan Stanley set a $57.00 price objective on shares of TransUnion and gave the company a “hold” rating in a research note on Wednesday. Stifel Nicolaus restated a “buy” rating and set a $62.00 price target (up previously from $59.00) on shares of TransUnion in a research note on Wednesday. Royal Bank of Canada raised their price target on shares of TransUnion to $67.00 and gave the stock an “outperform” rating in a research note on Friday, January 19th. Bank of America upgraded shares of TransUnion from a “neutral” rating to a “buy” rating in a research note on Thursday, January 18th. Finally, Zacks Investment Research upgraded shares of TransUnion from a “hold” rating to a “buy” rating and set a $64.00 price target for the company in a research note on Friday, January 12th. One investment analyst has rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of $58.73.

TransUnion (TRU) traded up $0.71 during trading on Wednesday, hitting $55.66. 1,177,460 shares of the stock traded hands, compared to its average volume of 1,139,176. The company has a debt-to-equity ratio of 1.51, a quick ratio of 1.84 and a current ratio of 1.84. The stock has a market cap of $10,600.41, a PE ratio of 42.88, a P/E/G ratio of 2.99 and a beta of 0.67. TransUnion has a 12-month low of $36.08 and a 12-month high of $61.42.

TransUnion (NYSE:TRU) last posted its quarterly earnings data on Tuesday, February 13th. The business services provider reported $0.50 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.48 by $0.02. The firm had revenue of $506.10 million for the quarter, compared to analysts’ expectations of $487.83 million. TransUnion had a net margin of 13.17% and a return on equity of 21.37%. The business’s quarterly revenue was up 16.1% on a year-over-year basis. During the same quarter last year, the company posted $0.44 EPS. equities research analysts forecast that TransUnion will post 1.71 EPS for the current year.

In other TransUnion news, EVP Christopher A. Cartwright sold 234,565 shares of the business’s stock in a transaction dated Tuesday, November 21st. The shares were sold at an average price of $55.05, for a total value of $12,912,803.25. Following the transaction, the executive vice president now owns 105,917 shares in the company, valued at $5,830,730.85. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Christopher A. Cartwright sold 85,175 shares of TransUnion stock in a transaction dated Thursday, November 16th. The shares were sold at an average price of $54.18, for a total transaction of $4,614,781.50. The disclosure for this sale can be found here. In the last quarter, insiders sold 796,007 shares of company stock worth $43,622,682. 2.10% of the stock is owned by corporate insiders.

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TransUnion Company Profile

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.

Institutional Ownership by Quarter for TransUnion (NYSE:TRU)

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