Avalon Advisors LLC grew its holdings in TransUnion (NYSE:TRU) by 2.0% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 49,848 shares of the business services provider’s stock after purchasing an additional 963 shares during the quarter. Avalon Advisors LLC’s holdings in TransUnion were worth $3,332,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other large investors have also made changes to their positions in the company. Lunia Capital LP raised its stake in TransUnion by 7,134.4% during the 4th quarter. Lunia Capital LP now owns 16,708,913 shares of the business services provider’s stock worth $16,709,000 after buying an additional 16,477,948 shares during the period. Vanguard Group Inc raised its stake in TransUnion by 0.7% during the 3rd quarter. Vanguard Group Inc now owns 15,801,372 shares of the business services provider’s stock worth $1,162,665,000 after buying an additional 116,055 shares during the period. BlackRock Inc. raised its stake in TransUnion by 0.8% during the 4th quarter. BlackRock Inc. now owns 10,179,368 shares of the business services provider’s stock worth $578,186,000 after buying an additional 79,111 shares during the period. Atlanta Capital Management Co. L L C raised its stake in TransUnion by 7.4% during the 4th quarter. Atlanta Capital Management Co. L L C now owns 8,796,609 shares of the business services provider’s stock worth $499,647,000 after buying an additional 606,359 shares during the period. Finally, Principal Financial Group Inc. raised its stake in TransUnion by 0.4% during the 4th quarter. Principal Financial Group Inc. now owns 5,531,616 shares of the business services provider’s stock worth $314,196,000 after buying an additional 22,053 shares during the period.
A number of research firms recently weighed in on TRU. Zacks Investment Research raised TransUnion from a “sell” rating to a “hold” rating in a research note on Monday. Morgan Stanley set a $66.00 price target on TransUnion and gave the stock a “hold” rating in a research note on Tuesday, January 8th. ValuEngine raised TransUnion from a “hold” rating to a “buy” rating in a research note on Friday, February 22nd. Deutsche Bank lowered their price objective on TransUnion from $87.00 to $55.00 and set a “buy” rating for the company in a research note on Monday, January 14th. Finally, Exane BNP Paribas began coverage on TransUnion in a research note on Friday, March 15th. They issued a “neutral” rating and a $66.00 price objective for the company. Six equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of $75.07.
TransUnion (NYSE:TRU) last issued its quarterly earnings data on Tuesday, April 23rd. The business services provider reported $0.60 EPS for the quarter, topping the consensus estimate of $0.53 by $0.07. The firm had revenue of $623.50 million during the quarter, compared to the consensus estimate of $618.38 million. TransUnion had a return on equity of 22.98% and a net margin of 11.43%. The company’s quarterly revenue was up 16.0% compared to the same quarter last year. During the same period in the prior year, the business posted $0.57 earnings per share. On average, equities research analysts predict that TransUnion will post 2.35 earnings per share for the current fiscal year.
In other news, insider James M. Peck sold 2,327 shares of the company’s stock in a transaction that occurred on Tuesday, February 26th. The stock was sold at an average price of $64.14, for a total value of $149,253.78. Following the completion of the transaction, the insider now directly owns 335,243 shares of the company’s stock, valued at $21,502,486.02. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CAO Timothy Elberfeld sold 1,000 shares of the company’s stock in a transaction that occurred on Friday, April 12th. The shares were sold at an average price of $70.00, for a total value of $70,000.00. Following the completion of the transaction, the chief accounting officer now directly owns 13,062 shares of the company’s stock, valued at $914,340. The disclosure for this sale can be found here. Over the last three months, insiders sold 214,041 shares of company stock valued at $13,847,553. Company insiders own 0.92% of the company’s stock.
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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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