Artisan Partners Limited Partnership Takes Position in TransUnion (TRU)

Artisan Partners Limited Partnership purchased a new position in TransUnion (NYSE:TRU) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 2,108,177 shares of the business services provider’s stock, valued at approximately $99,632,000. Artisan Partners Limited Partnership owned about 1.16% of TransUnion at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of TRU. Atlanta Capital Management Co. L L C increased its stake in shares of TransUnion by 43.6% in the second quarter. Atlanta Capital Management Co. L L C now owns 8,359,334 shares of the business services provider’s stock worth $362,043,000 after acquiring an additional 2,536,898 shares during the last quarter. Egerton Capital UK LLP boosted its holdings in TransUnion by 114.8% in the third quarter. Egerton Capital UK LLP now owns 4,574,259 shares of the business services provider’s stock worth $216,179,000 after purchasing an additional 2,444,617 shares in the last quarter. TimesSquare Capital Management LLC boosted its holdings in TransUnion by 80.4% in the third quarter. TimesSquare Capital Management LLC now owns 3,871,900 shares of the business services provider’s stock worth $182,986,000 after purchasing an additional 1,725,300 shares in the last quarter. BlackRock Inc. boosted its holdings in TransUnion by 49.1% in the second quarter. BlackRock Inc. now owns 4,841,716 shares of the business services provider’s stock worth $209,693,000 after purchasing an additional 1,594,833 shares in the last quarter. Finally, FMR LLC boosted its holdings in TransUnion by 25.8% in the second quarter. FMR LLC now owns 7,589,877 shares of the business services provider’s stock worth $328,718,000 after purchasing an additional 1,557,572 shares in the last quarter.

Shares of TransUnion (NYSE TRU) traded up $0.13 during trading hours on Friday, reaching $55.65. 1,226,851 shares of the company were exchanged, compared to its average volume of 1,439,180. The company has a market capitalization of $10,149.89, a PE ratio of 32.93, a PEG ratio of 3.26 and a beta of 0.64. TransUnion has a 12-month low of $28.99 and a 12-month high of $56.21. The company has a debt-to-equity ratio of 1.51, a current ratio of 1.84 and a quick ratio of 1.84.

TransUnion (NYSE:TRU) last released its quarterly earnings results on Friday, October 27th. The business services provider reported $0.49 earnings per share (EPS) for the quarter, beating 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 company had revenue of $498.00 million during the quarter, compared to analysts’ expectations of $475.52 million. During the same period in the prior year, the company earned $0.38 earnings per share. The business’s quarterly revenue was up 13.8% compared to the same quarter last year. equities analysts anticipate that TransUnion will post 1.71 earnings per share for the current year.

In other TransUnion news, EVP Christopher A. Cartwright sold 234,565 shares of the company’s stock in a transaction dated Tuesday, November 21st. The shares were sold at an average price of $55.05, for a total transaction of $12,912,803.25. Following the completion of the sale, the executive vice president now directly owns 105,917 shares in the company, valued at $5,830,730.85. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Todd M. Cello sold 4,110 shares of the company’s stock in a transaction dated Wednesday, November 1st. The shares were sold at an average price of $52.97, for a total transaction of $217,706.70. Following the sale, the chief financial officer now owns 21,963 shares of the company’s stock, valued at $1,163,380.11. The disclosure for this sale can be found here. Insiders have sold 4,195,480 shares of company stock valued at $218,820,974 over the last 90 days. Corporate insiders own 2.10% of the company’s stock.

A number of brokerages recently issued reports on TRU. Atlantic Securities upgraded shares of TransUnion from a “neutral” rating to an “overweight” rating in a report on Friday, November 17th. Royal Bank Of Canada reiterated a “buy” rating and issued a $57.00 price objective on shares of TransUnion in a report on Friday, October 27th. Stifel Nicolaus reiterated a “buy” rating and issued a $59.00 price objective (up from $50.00) on shares of TransUnion in a report on Sunday, October 29th. Morgan Stanley cut shares of TransUnion from an “overweight” rating to an “equal weight” rating and set a $54.00 price objective for the company. in a report on Monday, October 30th. Finally, SunTrust Banks upped their price objective on shares of TransUnion to $64.00 and gave the stock a “buy” rating in a report on Monday, October 30th. One research analyst has rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company. TransUnion presently has an average rating of “Buy” and a consensus target price of $55.00.

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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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