Bradley Foster & Sargent Inc. CT decreased its position in TransUnion (NYSE:TRU) by 10.5% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 25,320 shares of the business services provider’s stock after selling 2,985 shares during the period. Bradley Foster & Sargent Inc. CT’s holdings in TransUnion were worth $1,438,000 as of its most recent SEC filing.
A number of other institutional investors have also recently bought and sold shares of the stock. New York State Teachers Retirement System lifted its stake in TransUnion by 6.0% in the first quarter. New York State Teachers Retirement System now owns 14,200 shares of the business services provider’s stock valued at $806,000 after purchasing an additional 800 shares during the last quarter. Public Employees Retirement Association of Colorado raised its holdings in TransUnion by 3.6% during the 1st quarter. Public Employees Retirement Association of Colorado now owns 24,672 shares of the business services provider’s stock valued at $1,401,000 after acquiring an additional 855 shares during the period. Strs Ohio bought a new stake in TransUnion during the 4th quarter valued at $107,000. Valeo Financial Advisors LLC bought a new stake in TransUnion during the 4th quarter valued at $113,000. Finally, Highland Capital Management LLC raised its holdings in TransUnion by 30.0% during the 4th quarter. Highland Capital Management LLC now owns 9,111 shares of the business services provider’s stock valued at $501,000 after acquiring an additional 2,104 shares during the period.
A number of equities research analysts have issued reports on the stock. Morgan Stanley set a $57.00 target price on shares of TransUnion and gave the company a “hold” rating in a report on Wednesday, February 14th. Stifel Nicolaus reissued a “buy” rating and set a $62.00 target price (up previously from $59.00) on shares of TransUnion in a report on Wednesday, February 14th. Zacks Investment Research cut shares of TransUnion from a “buy” rating to a “hold” rating in a report on Tuesday, April 17th. Wells Fargo set a $65.00 target price on shares of TransUnion and gave the company a “hold” rating in a report on Monday, April 23rd. Finally, SunTrust Banks boosted their target price on shares of TransUnion from $64.00 to $78.00 and gave the company a “buy” rating in a report on Monday, April 23rd. Two analysts have rated the stock with a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of $66.64.
In other news, EVP John T. Danaher sold 4,318 shares of the company’s stock in a transaction on Monday, April 30th. The shares were sold at an average price of $65.12, for a total value of $281,188.16. Following the transaction, the executive vice president now owns 49,491 shares of the company’s stock, valued at $3,222,853.92. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CAO Timothy Elberfeld sold 1,450 shares of the company’s stock in a transaction on Thursday, March 1st. The stock was sold at an average price of $56.92, for a total transaction of $82,534.00. The disclosure for this sale can be found here. In the last ninety days, insiders sold 388,163 shares of company stock worth $23,979,324. Insiders own 1.18% of the company’s stock.
TransUnion stock opened at $69.13 on Friday. The firm has a market cap of $12.59 billion, a price-to-earnings ratio of 40.43, a PEG ratio of 3.09 and a beta of 0.72. The company has a debt-to-equity ratio of 1.21, a current ratio of 1.61 and a quick ratio of 1.61.
TransUnion (NYSE:TRU) last released its quarterly earnings results on Friday, April 20th. The business services provider reported $0.53 earnings per share for the quarter, topping the consensus estimate of $0.46 by $0.07. The firm had revenue of $537.40 million for the quarter, compared to analysts’ expectations of $507.68 million. TransUnion had a net margin of 22.41% and a return on equity of 20.95%. The business’s quarterly revenue was up 18.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.42 earnings per share. research analysts expect that TransUnion will post 2.22 EPS for the current year.
The company also recently declared a special dividend, which will be paid on Thursday, June 7th. Stockholders of record on Wednesday, May 23rd will be issued a $0.075 dividend. The ex-dividend date is Tuesday, May 22nd.
TransUnion Company Profile
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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