TransUnion (TRU) Holdings Cut by Russell Investments Group Ltd.

Russell Investments Group Ltd. cut its holdings in TransUnion (NYSE:TRU) by 85.2% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 92,005 shares of the business services provider’s stock after selling 529,801 shares during the quarter. Russell Investments Group Ltd. owned 0.05% of TransUnion worth $4,349,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Sumitomo Mitsui Trust Holdings Inc. lifted its stake in TransUnion by 109.7% in the third quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 345,800 shares of the business services provider’s stock valued at $16,343,000 after buying an additional 180,900 shares during the period. Bank of New York Mellon Corp lifted its stake in TransUnion by 21.7% in the third quarter. Bank of New York Mellon Corp now owns 512,065 shares of the business services provider’s stock valued at $24,199,000 after buying an additional 91,330 shares during the period. TCW Group Inc. lifted its stake in TransUnion by 14.2% in the third quarter. TCW Group Inc. now owns 1,437,378 shares of the business services provider’s stock valued at $67,930,000 after buying an additional 179,254 shares during the period. Teacher Retirement System of Texas lifted its stake in TransUnion by 26.7% in the third quarter. Teacher Retirement System of Texas now owns 12,739 shares of the business services provider’s stock valued at $602,000 after buying an additional 2,681 shares during the period. Finally, Rhumbline Advisers lifted its stake in TransUnion by 7.8% in the third quarter. Rhumbline Advisers now owns 154,446 shares of the business services provider’s stock valued at $7,299,000 after buying an additional 11,198 shares during the period.

In related news, major shareholder Goldman Sachs Group Inc sold 3,698,137 shares of the company’s stock in a transaction on Thursday, November 2nd. The stock was sold at an average price of $52.25, for a total transaction of $193,227,658.25. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Siddharth N. Mehta sold 65,000 shares of the company’s stock in a transaction on Thursday, November 2nd. The stock was sold at an average price of $52.25, for a total value of $3,396,250.00. Following the sale, the director now owns 33,389 shares of the company’s stock, valued at approximately $1,744,575.25. The disclosure for this sale can be found here. Insiders have sold 4,235,025 shares of company stock worth $221,248,596 over the last ninety days. 2.10% of the stock is owned by insiders.

Several brokerages have issued reports on TRU. Atlantic Securities raised TransUnion from a “neutral” rating to an “overweight” rating in a research note on Friday, November 17th. Barclays boosted their price target on TransUnion from $50.00 to $55.00 and gave the company an “overweight” rating in a research note on Monday, October 30th. J P Morgan Chase & Co boosted their price target on TransUnion from $54.00 to $60.00 and gave the company an “overweight” rating in a research note on Monday, October 30th. SunTrust Banks upped their target price on TransUnion to $64.00 and gave the stock a “buy” rating in a research report on Monday, October 30th. Finally, Morgan Stanley lowered TransUnion from an “overweight” rating to an “equal weight” rating and set a $54.00 target price on the stock. in a research report on Monday, October 30th. One investment analyst has rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the stock. TransUnion has an average rating of “Buy” and an average target price of $55.00.

Shares of TransUnion (TRU) traded down $0.14 during trading hours on Thursday, hitting $54.86. The stock had a trading volume of 1,724,800 shares, compared to its average volume of 1,398,706. The company has a debt-to-equity ratio of 1.51, a current ratio of 1.84 and a quick ratio of 1.84. TransUnion has a one year low of $30.39 and a one year high of $56.44. The firm has a market capitalization of $10,031.36, a price-to-earnings ratio of 32.54, a price-to-earnings-growth ratio of 3.22 and a beta of 0.64.

TransUnion (NYSE:TRU) last issued its earnings results on Friday, October 27th. The business services provider reported $0.49 earnings per share for the quarter, topping analysts’ consensus estimates of $0.43 by $0.06. TransUnion had a return on equity of 21.37% and a net margin of 13.17%. The company had revenue of $498.00 million for the quarter, compared to analyst estimates of $475.52 million. During the same period in the prior year, the firm earned $0.38 earnings per share. TransUnion’s revenue for the quarter was up 13.8% on a year-over-year basis. research analysts anticipate that TransUnion will post 1.71 EPS for the current year.

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About TransUnion

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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