KAMES CAPITAL plc cut its holdings in shares of TransUnion (NYSE:TRU) by 23.1% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 32,975 shares of the business services provider’s stock after selling 9,904 shares during the period. KAMES CAPITAL plc’s holdings in TransUnion were worth $1,811,000 as of its most recent SEC filing.
Several other large investors have also bought and sold shares of TRU. Schwab Charles Investment Management Inc. grew its position in shares of TransUnion by 29.6% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 360,776 shares of the business services provider’s stock valued at $15,626,000 after acquiring an additional 82,504 shares during the period. SG Americas Securities LLC acquired a new stake in shares of TransUnion during the 2nd quarter valued at about $212,000. Bank of New York Mellon Corp grew its position in shares of TransUnion by 56.8% during the 2nd quarter. Bank of New York Mellon Corp now owns 420,735 shares of the business services provider’s stock valued at $18,222,000 after acquiring an additional 152,390 shares during the period. Legal & General Group Plc lifted its stake in TransUnion by 155.5% in the 2nd quarter. Legal & General Group Plc now owns 32,544 shares of the business services provider’s stock valued at $1,410,000 after buying an additional 19,807 shares in the last quarter. Finally, Comerica Bank purchased a new position in TransUnion in the 2nd quarter valued at about $267,000.
A number of research analysts recently weighed in on the stock. Zacks Investment Research raised shares of TransUnion from a “hold” rating to a “buy” rating and set a $64.00 price target on the stock in a research note on Friday. Robert W. Baird reaffirmed a “buy” rating and issued a $62.00 price target on shares of TransUnion in a research note on Tuesday, January 9th. Royal Bank of Canada raised their price target on shares of TransUnion to $60.00 and gave the company an “outperform” rating in a research note on Tuesday, December 19th. Barclays reaffirmed a “buy” rating and issued a $65.00 price target on shares of TransUnion in a research note on Friday, December 15th. Finally, Atlantic Securities raised shares of TransUnion from a “neutral” rating to an “overweight” rating in a research note on Friday, November 17th. One research analyst has rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $57.55.
TransUnion (NYSE:TRU) last released its earnings results on Friday, October 27th. The business services provider reported $0.49 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.43 by $0.06. TransUnion had a net margin of 13.17% and a return on equity of 21.37%. The business had revenue of $498.00 million for the quarter, compared to analyst estimates of $475.52 million. During the same period last year, the company posted $0.38 EPS. The business’s revenue was up 13.8% on a year-over-year basis. sell-side analysts predict that TransUnion will post 1.71 earnings per share for the current fiscal year.
In other TransUnion news, EVP Christopher A. Cartwright sold 234,565 shares of the firm’s stock in a transaction that occurred on Tuesday, November 21st. The shares were sold at an average price of $55.05, for a total value of $12,912,803.25. Following the transaction, the executive vice president now directly owns 105,917 shares of the company’s stock, valued at approximately $5,830,730.85. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, major shareholder Goldman Sachs Group Inc sold 3,698,137 shares of the firm’s stock in a transaction that occurred on Thursday, November 2nd. The stock was sold at an average price of $52.25, for a total transaction of $193,227,658.25. The disclosure for this sale can be found here. Insiders sold a total of 4,630,224 shares of company stock worth $243,986,497 over the last three months. Corporate insiders own 2.10% of the company’s stock.
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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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