Goldman Sachs Group Inc. decreased its position in TransUnion (NYSE:TRU) by 15.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 19,855,632 shares of the business services provider’s stock after selling 3,696,534 shares during the quarter. Goldman Sachs Group Inc. owned 0.11% of TransUnion worth $1,091,266,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in TRU. The Manufacturers Life Insurance Company raised its stake in shares of TransUnion by 8.0% in 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 purchasing an additional 404 shares during the period. Raymond James Financial Services Advisors Inc. acquired a new stake in shares of TransUnion in the 3rd quarter valued at about $268,000. State Board of Administration of Florida Retirement System raised its stake in shares of TransUnion by 6.3% in the 3rd quarter. State Board of Administration of Florida Retirement System now owns 126,683 shares of the business services provider’s stock valued at $5,987,000 after purchasing an additional 7,520 shares during the period. Chicago Equity Partners LLC raised its stake in shares of TransUnion by 38.7% in the 3rd quarter. Chicago Equity Partners LLC now owns 29,045 shares of the business services provider’s stock valued at $1,373,000 after purchasing an additional 8,105 shares during the period. Finally, State of Wisconsin Investment Board raised its stake in shares of TransUnion by 20.2% in 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 purchasing an additional 5,143 shares during the period.
In related news, insider James M. Peck sold 18,342 shares of TransUnion stock in a transaction dated Thursday, March 8th. The stock was sold at an average price of $57.60, for a total transaction of $1,056,499.20. Following the completion of the transaction, the insider now owns 257,627 shares in the company, valued at $14,839,315.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP John T. Danaher sold 85,630 shares of TransUnion stock in a transaction dated Friday, February 16th. The stock was sold at an average price of $58.34, for a total value of $4,995,654.20. Following the transaction, the executive vice president now owns 61,794 shares of the company’s stock, valued at approximately $3,605,061.96. The disclosure for this sale can be found here. Insiders have sold 539,432 shares of company stock valued at $29,969,215 in the last quarter. 2.10% of the stock is currently owned by corporate insiders.
TransUnion (NYSE:TRU) last posted its quarterly earnings results on Tuesday, February 13th. The business services provider reported $0.50 EPS for the quarter, topping analysts’ consensus estimates of $0.45 by $0.05. TransUnion had a return on equity of 20.73% and a net margin of 22.81%. The business had revenue of $506.10 million during the quarter, compared to analysts’ expectations of $487.83 million. During the same quarter last year, the company posted $0.44 earnings per share. TransUnion’s quarterly revenue was up 16.1% on a year-over-year basis. analysts forecast that TransUnion will post 2.1 EPS for the current fiscal year.
TRU has been the topic of a number of recent research reports. Robert W. Baird reaffirmed a “buy” rating and issued a $62.00 target price on shares of TransUnion in a research report on Tuesday, January 9th. Zacks Investment Research raised TransUnion from a “hold” rating to a “buy” rating and set a $62.00 target price on the stock in a research report on Friday, January 5th. Barclays reaffirmed a “buy” rating and issued a $65.00 target price on shares of TransUnion in a research report on Friday, December 15th. Bank of America raised TransUnion from a “neutral” rating to a “buy” rating in a research report on Thursday, January 18th. Finally, Stifel Nicolaus reaffirmed a “buy” rating and issued a $62.00 target price (up previously from $59.00) on shares of TransUnion in a research report on Wednesday, February 14th. One analyst has rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the stock. The stock has an average rating of “Buy” and an average price target of $58.64.
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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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