Prudential Financial Inc. Grows Position in TransUnion (TRU)

Prudential Financial Inc. lifted its position in shares of TransUnion (NYSE:TRU) by 12.5% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 10,690 shares of the business services provider’s stock after purchasing an additional 1,190 shares during the quarter. Prudential Financial Inc.’s holdings in TransUnion were worth $463,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. State of Wisconsin Investment Board boosted its position in shares of TransUnion by 141.8% during the second quarter. State of Wisconsin Investment Board now owns 25,408 shares of the business services provider’s stock valued at $1,100,000 after purchasing an additional 14,900 shares in the last quarter. Morgan Stanley boosted its position in shares of TransUnion by 1,433.7% during the first quarter. Morgan Stanley now owns 769,615 shares of the business services provider’s stock valued at $29,514,000 after purchasing an additional 719,436 shares in the last quarter. Sumitomo Mitsui Trust Holdings Inc. boosted its position in shares of TransUnion by 1,297.5% during the second quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 164,900 shares of the business services provider’s stock valued at $7,142,000 after purchasing an additional 153,100 shares in the last quarter. Caldera Capital LLC boosted its position in shares of TransUnion by 78.1% during the first quarter. Caldera Capital LLC now owns 283,399 shares of the business services provider’s stock valued at $10,868,000 after purchasing an additional 124,291 shares in the last quarter. Finally, Vanguard Group Inc. boosted its position in shares of TransUnion by 25.5% during the first quarter. Vanguard Group Inc. now owns 8,273,610 shares of the business services provider’s stock valued at $317,293,000 after purchasing an additional 1,680,062 shares in the last quarter.

In other TransUnion news, insider James M. Peck sold 75,658 shares of the stock in a transaction on Friday, July 28th. The stock was sold at an average price of $45.46, for a total transaction of $3,439,412.68. Following the sale, the insider now owns 276,284 shares of the company’s stock, valued at approximately $12,559,870.64. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Timothy Elberfeld sold 902 shares of the stock in a transaction on Friday, July 28th. The shares were sold at an average price of $45.43, for a total value of $40,977.86. Following the sale, the chief accounting officer now directly owns 15,423 shares in the company, valued at approximately $700,666.89. The disclosure for this sale can be found here. Insiders have sold a total of 14,108,242 shares of company stock worth $643,363,096 in the last ninety days. Insiders own 2.10% of the company’s stock.

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TransUnion (NYSE TRU) opened at 49.86 on Wednesday. The stock has a market cap of $9.07 billion, a PE ratio of 42.91 and a beta of 0.58. TransUnion has a 52 week low of $28.92 and a 52 week high of $50.15. The firm’s 50-day moving average price is $46.31 and its 200-day moving average price is $46.31.

TransUnion (NYSE:TRU) last announced its earnings results on Tuesday, July 25th. The business services provider reported $0.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.44 by $0.03. The business had revenue of $474.80 million for the quarter, compared to analysts’ expectations of $464.77 million. TransUnion had a return on equity of 20.32% and a net margin of 12.08%. The business’s revenue for the quarter was up 11.5% on a year-over-year basis. During the same quarter last year, the firm earned $0.37 EPS. Equities analysts predict that TransUnion will post $1.83 earnings per share for the current fiscal year.

Several equities research analysts recently weighed in on TRU shares. Deutsche Bank AG restated a “buy” rating on shares of TransUnion in a research report on Friday, September 8th. Morgan Stanley restated an “overweight” rating and set a $50.00 price target (up from $47.00) on shares of TransUnion in a research report on Wednesday, July 26th. SunTrust Banks, Inc. started coverage on TransUnion in a research report on Tuesday, September 5th. They set a “buy” rating and a $54.00 price target on the stock. TheStreet upgraded TransUnion from a “c” rating to a “b-” rating in a research report on Monday, June 26th. Finally, Zacks Investment Research upgraded TransUnion from a “hold” rating to a “buy” rating and set a $52.00 price target on the stock in a research report on Wednesday, August 23rd. Two analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $47.44.

About TransUnion

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.

Institutional Ownership by Quarter for TransUnion (NYSE:TRU)

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