Nomura Asset Management Co. Ltd. purchased a new position in TransUnion (NYSE:TRU) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 46,441 shares of the business services provider’s stock, valued at approximately $2,553,000.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. Strs Ohio bought a new position in shares of TransUnion in the fourth quarter worth about $107,000. Valeo Financial Advisors LLC bought a new position in shares of TransUnion in the fourth quarter worth about $113,000. LS Investment Advisors LLC bought a new position in shares of TransUnion in the fourth quarter worth about $131,000. Robeco Institutional Asset Management B.V. bought a new position in shares of TransUnion in the fourth quarter worth about $136,000. Finally, Livforsakringsbolaget Skandia Omsesidigt bought a new position in shares of TransUnion in the fourth quarter worth about $137,000.
A number of research firms have recently commented on TRU. Morgan Stanley upped their price target on shares of TransUnion from $54.00 to $58.00 and gave the stock an “equal weight” rating in a report on Wednesday, January 31st. Zacks Investment Research upgraded shares of TransUnion from a “hold” rating to a “buy” rating and set a $63.00 target price on the stock in a report on Friday, February 16th. Royal Bank of Canada increased their target price on shares of TransUnion to $67.00 and gave the stock an “outperform” rating in a report on Friday, January 19th. Bank of America upgraded shares of TransUnion from a “neutral” rating to a “buy” rating in a report on Thursday, January 18th. Finally, Robert W. Baird reiterated a “buy” rating and set a $62.00 target price on shares of TransUnion in a report on Tuesday, January 9th. One investment analyst has rated the stock with a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $60.30.
NYSE:TRU opened at $56.18 on Friday. TransUnion has a fifty-two week low of $37.83 and a fifty-two week high of $61.42. The stock has a market capitalization of $10,327.50, a PE ratio of 32.85, a PEG ratio of 2.68 and a beta of 0.74. 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 (NYSE:TRU) last released its quarterly earnings results on Tuesday, February 13th. The business services provider reported $0.50 earnings per share for the quarter, beating analysts’ consensus estimates of $0.45 by $0.05. TransUnion had a net margin of 22.81% and a return on equity of 20.73%. The business had revenue of $506.10 million for the quarter, compared to analysts’ expectations of $487.83 million. During the same period last year, the business earned $0.44 EPS. The company’s revenue was up 16.1% compared to the same quarter last year. equities research analysts forecast that TransUnion will post 2.1 EPS for the current year.
In other news, CAO Timothy Elberfeld sold 1,450 shares of the firm’s stock in a transaction dated Thursday, March 1st. The shares were sold at an average price of $56.92, for a total value of $82,534.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP John T. Danaher sold 85,630 shares of the firm’s stock in a transaction dated Friday, February 16th. The shares were sold at an average price of $58.34, for a total transaction of $4,995,654.20. Following the completion of the sale, 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 sold a total of 174,345 shares of company stock worth $10,156,056 over the last 90 days. Company insiders own 2.10% of the company’s stock.
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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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