Amalgamated Bank lowered its stake in TransUnion (NYSE:TRU) by 18.1% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 7,734 shares of the business services provider’s stock after selling 1,707 shares during the period. Amalgamated Bank’s holdings in TransUnion were worth $297,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently modified their holdings of the company. State Board of Administration of Florida Retirement System boosted its position in shares of TransUnion by 1.9% in the fourth quarter. State Board of Administration of Florida Retirement System now owns 18,646 shares of the business services provider’s stock valued at $577,000 after buying an additional 345 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in shares of TransUnion by 154.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 258,758 shares of the business services provider’s stock valued at $8,003,000 after buying an additional 157,122 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in shares of TransUnion by 10.9% in the fourth quarter. Envestnet Asset Management Inc. now owns 6,220 shares of the business services provider’s stock valued at $193,000 after buying an additional 609 shares in the last quarter. GSA Capital Partners LLP boosted its position in shares of TransUnion by 17.4% in the fourth quarter. GSA Capital Partners LLP now owns 7,324 shares of the business services provider’s stock valued at $227,000 after buying an additional 1,085 shares in the last quarter. Finally, Guggenheim Capital LLC boosted its position in shares of TransUnion by 6.5% in the fourth quarter. Guggenheim Capital LLC now owns 34,575 shares of the business services provider’s stock valued at $1,069,000 after buying an additional 2,099 shares in the last quarter.
Shares of TransUnion (TRU) traded up 1.20% during mid-day trading on Monday, reaching $46.29. The company’s stock had a trading volume of 609,093 shares. The company has a market capitalization of $8.42 billion, a price-to-earnings ratio of 39.84 and a beta of 0.61. The firm’s 50 day moving average price is $44.87 and its 200-day moving average price is $40.34. TransUnion has a 1-year low of $28.92 and a 1-year high of $46.53.
TransUnion (NYSE:TRU) last announced its earnings results on Tuesday, July 25th. The business services provider reported $0.47 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.44 by $0.03. TransUnion had a net margin of 12.08% and a return on equity of 20.32%. The firm had revenue of $474.80 million for the quarter, compared to analyst estimates of $464.77 million. During the same quarter last year, the business earned $0.37 earnings per share. TransUnion’s revenue was up 11.5% compared to the same quarter last year. On average, analysts predict that TransUnion will post $1.83 EPS for the current year.
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TRU has been the topic of several recent research reports. Zacks Investment Research cut TransUnion from a “buy” rating to a “hold” rating in a report on Tuesday, April 18th. Cowen and Company upped their price objective on TransUnion from $42.00 to $44.00 and gave the company an “outperform” rating in a report on Wednesday, April 26th. Royal Bank Of Canada reiterated a “buy” rating and issued a $45.00 price objective on shares of TransUnion in a report on Wednesday, April 26th. Barclays PLC reiterated a “buy” rating and issued a $45.00 price objective on shares of TransUnion in a report on Thursday, April 27th. Finally, Deutsche Bank AG reiterated a “buy” rating and issued a $47.00 price objective (up from $45.00) on shares of TransUnion in a report on Saturday, April 29th. One analyst has rated the stock with a hold rating and seven have issued a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of $46.75.
In related news, EVP John W. Blenke sold 10,000 shares of TransUnion stock in a transaction on Tuesday, May 16th. The shares were sold at an average price of $41.82, for a total transaction of $418,200.00. Following the sale, the executive vice president now owns 114,717 shares of the company’s stock, valued at approximately $4,797,464.94. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, major shareholder Goldman Sachs Group Inc sold 13,734,177 shares of TransUnion stock in a transaction dated Friday, August 4th. The shares were sold at an average price of $45.60, for a total transaction of $626,278,471.20. The disclosure for this sale can be found here. In the last quarter, insiders sold 14,047,490 shares of company stock worth $640,516,999. 2.10% of the stock is owned by company insiders.
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.
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