Artemis Investment Management LLP Purchases New Position in TransUnion (NYSE:TRU)

Artemis Investment Management LLP purchased a new stake in shares of TransUnion (NYSE:TRU) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 452,342 shares of the business services provider’s stock, valued at approximately $36,610,000. Artemis Investment Management LLP owned about 0.24% of TransUnion at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the stock. CENTRAL TRUST Co bought a new stake in shares of TransUnion during the 2nd quarter worth approximately $54,000. Eagle Asset Management Inc. lifted its stake in shares of TransUnion by 0.9% during the 2nd quarter. Eagle Asset Management Inc. now owns 1,621,444 shares of the business services provider’s stock worth $119,192,000 after acquiring an additional 15,079 shares during the last quarter. CSat Investment Advisory L.P. bought a new stake in shares of TransUnion during the 2nd quarter worth approximately $30,000. Parametric Portfolio Associates LLC lifted its stake in shares of TransUnion by 6.0% during the 2nd quarter. Parametric Portfolio Associates LLC now owns 242,654 shares of the business services provider’s stock worth $17,837,000 after acquiring an additional 13,661 shares during the last quarter. Finally, Russell Investments Group Ltd. lifted its stake in shares of TransUnion by 11.9% during the 2nd quarter. Russell Investments Group Ltd. now owns 18,778 shares of the business services provider’s stock worth $1,374,000 after acquiring an additional 1,997 shares during the last quarter.

In other news, EVP Richard Dane Mauldin sold 2,919 shares of TransUnion stock in a transaction on Monday, July 29th. The stock was sold at an average price of $82.76, for a total value of $241,576.44. Following the transaction, the executive vice president now directly owns 19,758 shares in the company, valued at approximately $1,635,172.08. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Timothy Elberfeld sold 2,500 shares of TransUnion stock in a transaction on Tuesday, July 23rd. The shares were sold at an average price of $80.00, for a total value of $200,000.00. Following the completion of the transaction, the chief accounting officer now owns 8,242 shares in the company, valued at $659,360. The disclosure for this sale can be found here. Insiders sold a total of 241,704 shares of company stock worth $20,068,465 over the last quarter. Company insiders own 0.92% of the company’s stock.

A number of brokerages recently issued reports on TRU. ValuEngine lowered TransUnion from a “buy” rating to a “hold” rating in a research note on Wednesday, October 2nd. Deutsche Bank raised their price target on TransUnion from $75.00 to $78.00 and gave the stock a “buy” rating in a research note on Tuesday, July 2nd. Morgan Stanley decreased their price target on TransUnion from $83.00 to $81.00 and set an “equal weight” rating for the company in a research note on Thursday. Atlantic Securities lowered TransUnion from an “overweight” rating to a “neutral” rating in a research note on Tuesday, July 30th. Finally, SunTrust Banks restated a “positive” rating and set a $90.00 price objective on shares of TransUnion in a report on Wednesday, July 24th. They noted that the move was a valuation call. Six research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. TransUnion has an average rating of “Buy” and a consensus target price of $79.25.

TRU traded up $0.12 during trading on Thursday, hitting $79.96. 13,297 shares of the stock were exchanged, compared to its average volume of 1,109,613. The firm has a 50 day simple moving average of $81.61 and a 200 day simple moving average of $74.29. The firm has a market cap of $15.02 billion, a price-to-earnings ratio of 34.61, a P/E/G ratio of 3.24 and a beta of 0.99. TransUnion has a 1 year low of $52.15 and a 1 year high of $85.50. The company has a debt-to-equity ratio of 1.82, a quick ratio of 1.51 and a current ratio of 1.51.

TransUnion (NYSE:TRU) last released its quarterly earnings data on Tuesday, July 23rd. The business services provider reported $0.66 EPS for the quarter, topping the consensus estimate of $0.58 by $0.08. The company had revenue of $661.90 million for the quarter, compared to the consensus estimate of $644.73 million. TransUnion had a return on equity of 22.94% and a net margin of 12.84%. TransUnion’s quarterly revenue was up 17.5% on a year-over-year basis. During the same period last year, the business posted $0.62 EPS. As a group, equities analysts anticipate that TransUnion will post 2.47 earnings per share for the current fiscal year.

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)

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