Eagle Asset Management Inc. Has $81.36 Million Position in TransUnion (TRU)

Eagle Asset Management Inc. increased its position in shares of TransUnion (NYSE:TRU) by 11.2% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,432,827 shares of the business services provider’s stock after acquiring an additional 144,711 shares during the period. Eagle Asset Management Inc. owned about 0.78% of TransUnion worth $81,355,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. New York State Teachers Retirement System boosted its position in shares of TransUnion by 6.0% during the 1st quarter. New York State Teachers Retirement System now owns 14,200 shares of the business services provider’s stock worth $806,000 after acquiring an additional 800 shares in the last quarter. Public Employees Retirement Association of Colorado boosted its position in shares of TransUnion by 3.6% during the 1st quarter. Public Employees Retirement Association of Colorado now owns 24,672 shares of the business services provider’s stock worth $1,401,000 after acquiring an additional 855 shares in the last quarter. US Bancorp DE boosted its position in TransUnion by 5.9% in the first quarter. US Bancorp DE now owns 17,334 shares of the business services provider’s stock valued at $984,000 after buying an additional 964 shares in the last quarter. Aperio Group LLC boosted its position in TransUnion by 11.0% in the first quarter. Aperio Group LLC now owns 18,155 shares of the business services provider’s stock valued at $1,031,000 after buying an additional 1,806 shares in the last quarter. Finally, Strs Ohio acquired a new stake in TransUnion in the fourth quarter valued at approximately $107,000.

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A number of brokerages have weighed in on TRU. Stifel Nicolaus raised their target price on shares of TransUnion from $62.00 to $74.00 and gave the company a “buy” rating in a research report on Monday, April 23rd. Wells Fargo set a $65.00 target price on shares of TransUnion and gave the company a “hold” rating in a research report on Monday, April 23rd. Morgan Stanley raised their target price on shares of TransUnion from $57.00 to $62.00 and gave the company a “hold” rating in a research report on Monday, April 23rd. Robert W. Baird raised their target price on shares of TransUnion from $65.00 to $74.00 and gave the company an “outperform” rating in a research report on Monday, April 23rd. Finally, Zacks Investment Research upgraded shares of TransUnion from a “hold” rating to a “buy” rating and set a $75.00 target price on the stock in a research report on Tuesday, April 24th. Two analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of $66.64.

Shares of TransUnion opened at $68.80 on Friday, Marketbeat reports. The firm has a market cap of $12.71 billion, a PE ratio of 40.23, a price-to-earnings-growth ratio of 3.12 and a beta of 0.72. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of 1.21. TransUnion has a 52 week low of $41.07 and a 52 week high of $69.69.

TransUnion (NYSE:TRU) last issued its quarterly earnings results on Friday, April 20th. The business services provider reported $0.53 EPS for the quarter, topping analysts’ consensus estimates of $0.46 by $0.07. The company had revenue of $537.40 million for the quarter, compared to analyst estimates of $507.68 million. TransUnion had a net margin of 22.41% and a return on equity of 20.95%. TransUnion’s revenue was up 18.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.42 earnings per share. equities analysts anticipate that TransUnion will post 2.22 earnings per share for the current year.

The firm also recently declared a special dividend, which will be paid on Thursday, June 7th. Stockholders of record on Wednesday, May 23rd will be issued a dividend of $0.075 per share. The ex-dividend date of this dividend is Tuesday, May 22nd.

In other news, insider James M. Peck sold 209,500 shares of TransUnion stock in a transaction on Friday, April 27th. The shares were sold at an average price of $64.64, for a total transaction of $13,542,080.00. Following the transaction, the insider now owns 467,127 shares in the company, valued at $30,195,089.28. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CAO Timothy Elberfeld sold 1,450 shares of TransUnion stock in a transaction on Thursday, March 1st. The stock was 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. In the last quarter, insiders have sold 283,904 shares of company stock worth $17,900,021. 2.10% of the stock is owned by company insiders.

About TransUnion

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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Institutional Ownership by Quarter for TransUnion (NYSE:TRU)