CIBC Private Wealth Group LLC Has $14.46 Million Stake in TransUnion (TRU)

CIBC Private Wealth Group LLC lifted its stake in shares of TransUnion (NYSE:TRU) by 0.6% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 254,593 shares of the business services provider’s stock after purchasing an additional 1,551 shares during the period. CIBC Private Wealth Group LLC’s holdings in TransUnion were worth $14,461,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in the company. Vanguard Group Inc increased its position in TransUnion by 0.7% during the 3rd quarter. Vanguard Group Inc now owns 15,801,372 shares of the business services provider’s stock worth $1,162,665,000 after buying an additional 116,055 shares during the period. BlackRock Inc. increased its position in TransUnion by 12.6% during the 3rd quarter. BlackRock Inc. now owns 10,100,257 shares of the business services provider’s stock worth $743,177,000 after buying an additional 1,133,283 shares during the period. FMR LLC increased its position in TransUnion by 14.3% during the 2nd quarter. FMR LLC now owns 9,409,480 shares of the business services provider’s stock worth $674,095,000 after buying an additional 1,179,299 shares during the period. Massachusetts Financial Services Co. MA increased its position in TransUnion by 15.1% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 3,291,094 shares of the business services provider’s stock worth $242,158,000 after buying an additional 432,056 shares during the period. Finally, Neuberger Berman Group LLC increased its position in TransUnion by 0.6% during the 3rd quarter. Neuberger Berman Group LLC now owns 2,040,769 shares of the business services provider’s stock worth $150,160,000 after buying an additional 11,989 shares during the period. Institutional investors own 99.00% of the company’s stock.

Several research analysts have weighed in on TRU shares. Deutsche Bank lowered their price objective on TransUnion from $87.00 to $55.00 and set a “buy” rating on the stock in a research report on Monday, January 14th. Bank of America started coverage on TransUnion in a research report on Tuesday, October 23rd. They set a “buy” rating and a $84.00 price objective on the stock. Zacks Investment Research upgraded TransUnion from a “sell” rating to a “hold” rating in a research report on Saturday, January 26th. JPMorgan Chase & Co. lowered their price objective on TransUnion from $88.00 to $84.00 and set an “overweight” rating on the stock in a research report on Wednesday, October 24th. Finally, Atlantic Securities upgraded TransUnion from a “neutral” rating to an “overweight” rating and set a $82.00 price objective on the stock in a research report on Wednesday, October 24th. Five equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. TransUnion has an average rating of “Buy” and a consensus price target of $75.14.

In other news, EVP John T. Danaher sold 4,319 shares of the stock in a transaction on Wednesday, November 28th. The stock was sold at an average price of $63.51, for a total transaction of $274,299.69. Following the sale, the executive vice president now directly owns 49,492 shares of the company’s stock, valued at approximately $3,143,236.92. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, EVP David M. Neenan sold 29,322 shares of the stock in a transaction on Thursday, December 13th. The stock was sold at an average price of $61.02, for a total value of $1,789,228.44. Following the sale, the executive vice president now directly owns 153,029 shares in the company, valued at $9,337,829.58. The disclosure for this sale can be found here. Corporate insiders own 1.18% of the company’s stock.

TRU opened at $63.26 on Wednesday. The firm has a market cap of $11.58 billion, a PE ratio of 36.99, a P/E/G ratio of 3.04 and a beta of 0.94. TransUnion has a 52-week low of $52.15 and a 52-week high of $79.48. The company has a current ratio of 1.62, a quick ratio of 1.62 and a debt-to-equity ratio of 2.07.

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TransUnion Company Profile

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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