Raymond James Financial Services Advisors Inc. Buys Shares of 5,673 TransUnion (TRU)

Raymond James Financial Services Advisors Inc. bought a new stake in shares of TransUnion (NYSE:TRU) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 5,673 shares of the business services provider’s stock, valued at approximately $268,000.

Several other hedge funds have also added to or reduced their stakes in TRU. Public Employees Retirement Association of Colorado grew its holdings in TransUnion by 138.6% in the 2nd quarter. Public Employees Retirement Association of Colorado now owns 4,009 shares of the business services provider’s stock worth $174,000 after acquiring an additional 2,329 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in TransUnion by 17.0% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,780 shares of the business services provider’s stock worth $207,000 after acquiring an additional 694 shares during the last quarter. SG Americas Securities LLC bought a new stake in TransUnion in the 2nd quarter worth $212,000. Alpine Global Management LLC bought a new stake in TransUnion in the 2nd quarter worth $217,000. Finally, Wolverine Trading LLC bought a new stake in TransUnion in the 2nd quarter worth $232,000.

In related news, EVP John T. Danaher sold 25,000 shares of TransUnion stock in a transaction dated Tuesday, December 5th. The shares were sold at an average price of $54.92, for a total transaction of $1,373,000.00. Following the completion of the transaction, the executive vice president now directly owns 61,619 shares of the company’s stock, valued at approximately $3,384,115.48. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP Samuel A. Hamood sold 21,341 shares of TransUnion stock in a transaction dated Thursday, September 14th. The shares were sold at an average price of $42.95, for a total transaction of $916,595.95. Following the transaction, the executive vice president now directly owns 20,243 shares of the company’s stock, valued at $869,436.85. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 4,256,366 shares of company stock valued at $222,165,192. Corporate insiders own 2.10% of the company’s stock.

TRU has been the topic of a number of recent analyst reports. Deutsche Bank reissued a “buy” rating on shares of TransUnion in a report on Friday, September 8th. SunTrust Banks raised their price target on shares of TransUnion to $64.00 and gave the stock a “buy” rating in a report on Monday, October 30th. Zacks Investment Research raised shares of TransUnion from a “hold” rating to a “buy” rating and set a $52.00 target price for the company in a research report on Wednesday, August 23rd. Stifel Nicolaus reaffirmed a “buy” rating and issued a $59.00 target price (up from $50.00) on shares of TransUnion in a research report on Sunday, October 29th. Finally, Barclays raised their target price on shares of TransUnion from $50.00 to $55.00 and gave the stock an “overweight” rating in a research report on Monday, October 30th. One analyst has rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company. The stock has an average rating of “Buy” and an average price target of $55.00.

TransUnion (TRU) traded up $0.02 during trading hours on Friday, hitting $55.61. 883,730 shares of the stock traded hands, compared to its average volume of 1,466,913. TransUnion has a 12-month low of $30.39 and a 12-month high of $56.44. 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 $10,142.60, a PE ratio of 32.91, a price-to-earnings-growth ratio of 3.26 and a beta of 0.64.

TransUnion (NYSE:TRU) last posted its earnings results on Friday, October 27th. The business services provider reported $0.49 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.43 by $0.06. TransUnion had a net margin of 13.17% and a return on equity of 21.37%. The firm had revenue of $498.00 million during the quarter, compared to analysts’ expectations of $475.52 million. During the same period last year, the company posted $0.38 EPS. The company’s quarterly revenue was up 13.8% compared to the same quarter last year. equities research analysts expect that TransUnion will post 1.71 earnings per share for the current fiscal year.

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TransUnion 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.

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Institutional Ownership by Quarter for TransUnion (NYSE:TRU)

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