Jefferies Group LLC purchased a new position in shares of TransUnion (NYSE:TRU) in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 24,425 shares of the business services provider’s stock, valued at approximately $1,342,000.
Several other institutional investors have also recently added to or reduced their stakes in TRU. Strs Ohio bought a new position in shares of TransUnion during the fourth quarter worth about $107,000. Valeo Financial Advisors LLC bought a new position in shares of TransUnion during the fourth quarter worth about $113,000. LS Investment Advisors LLC bought a new position in shares of TransUnion during the fourth quarter worth about $131,000. Robeco Institutional Asset Management B.V. bought a new position in shares of TransUnion during the fourth quarter worth about $136,000. Finally, Livforsakringsbolaget Skandia Omsesidigt bought a new position in shares of TransUnion during the fourth quarter worth about $137,000.
In other TransUnion news, EVP David M. Neenan sold 50,000 shares of the company’s stock in a transaction dated Wednesday, March 14th. The shares were sold at an average price of $58.42, for a total value of $2,921,000.00. Following the completion of the sale, the executive vice president now directly owns 99,583 shares of the company’s stock, valued at approximately $5,817,638.86. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider James M. Peck sold 18,629 shares of the company’s stock in a transaction dated Friday, February 16th. The shares were sold at an average price of $58.17, for a total transaction of $1,083,648.93. Following the completion of the sale, the insider now directly owns 221,886 shares of the company’s stock, valued at $12,907,108.62. The disclosure for this sale can be found here. Insiders sold a total of 174,051 shares of company stock valued at $10,139,336 over the last three months. 2.10% of the stock is owned by corporate insiders.
TransUnion (NYSE:TRU) last issued its quarterly earnings results on Tuesday, February 13th. The business services provider reported $0.50 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.45 by $0.05. TransUnion had a net margin of 22.81% and a return on equity of 20.73%. The company had revenue of $506.10 million during the quarter, compared to the consensus estimate of $487.83 million. During the same period in the prior year, the company earned $0.44 EPS. TransUnion’s revenue was up 16.1% on a year-over-year basis. equities research analysts anticipate that TransUnion will post 2.1 earnings per share for the current fiscal year.
Several equities analysts have recently commented on the stock. 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 research 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 for the company in a research report on Friday, February 16th. Royal Bank of Canada increased their target price on shares of TransUnion to $67.00 and gave the company an “outperform” rating in a research report on Friday, January 19th. Bank of America upgraded shares of TransUnion from a “neutral” rating to a “buy” rating in a research report on Thursday, January 18th. Finally, Robert W. Baird reiterated a “buy” rating and issued a $62.00 target price on shares of TransUnion in a research report on Tuesday, January 9th. One research analyst has rated the stock with a hold rating, eleven 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 an average price target of $58.64.
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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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