Two Sigma Advisers LP increased its position in TransUnion (NYSE:TRU) by 1,163.3% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 506,492 shares of the business services provider’s stock after acquiring an additional 466,398 shares during the period. Two Sigma Advisers LP owned about 0.28% of TransUnion worth $27,837,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. The Manufacturers Life Insurance Company raised its stake in TransUnion by 8.0% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 5,482 shares of the business services provider’s stock valued at $238,000 after buying an additional 404 shares during the last quarter. Raymond James Financial Services Advisors Inc. purchased a new stake in TransUnion during the 3rd quarter valued at $268,000. State of Wisconsin Investment Board raised its stake in TransUnion by 20.2% during the 3rd quarter. State of Wisconsin Investment Board now owns 30,551 shares of the business services provider’s stock valued at $1,444,000 after buying an additional 5,143 shares during the last quarter. New York State Common Retirement Fund raised its stake in TransUnion by 15.6% during the 3rd quarter. New York State Common Retirement Fund now owns 341,200 shares of the business services provider’s stock valued at $16,125,000 after buying an additional 45,932 shares during the last quarter. Finally, Los Angeles Capital Management & Equity Research Inc. purchased a new stake in TransUnion during the 3rd quarter valued at $1,050,000.
In other TransUnion news, EVP John T. Danaher sold 85,630 shares of the stock in a transaction dated Friday, February 16th. The shares were sold at an average price of $58.34, for a total transaction of $4,995,654.20. Following the completion of the transaction, the executive vice president now owns 61,794 shares of the company’s stock, valued at approximately $3,605,061.96. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Timothy Elberfeld sold 1,450 shares of the stock in a transaction dated Thursday, March 1st. The shares were sold at an average price of $56.92, for a total transaction of $82,534.00. 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 in the last ninety days. 2.10% of the stock is currently owned by insiders.
TransUnion stock opened at $59.20 on Monday. The firm has a market cap of $10,869.12, a price-to-earnings ratio of 34.42, a P/E/G ratio of 2.82 and a beta of 0.73. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 1.29. TransUnion has a 1-year low of $36.95 and a 1-year high of $61.42.
TransUnion (NYSE:TRU) last issued its earnings results on Tuesday, February 13th. The business services provider reported $0.50 earnings per share for the quarter, topping the consensus estimate of $0.45 by $0.05. The company had revenue of $506.10 million during the quarter, compared to the consensus estimate of $487.83 million. TransUnion had a net margin of 22.81% and a return on equity of 20.73%. TransUnion’s quarterly revenue was up 16.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.44 EPS. analysts expect that TransUnion will post 2.1 earnings per share for the current fiscal year.
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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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