Moody Aldrich Partners LLC Decreases Position in TransUnion (NYSE:TRU)

Moody Aldrich Partners LLC lowered its stake in shares of TransUnion (NYSE:TRU) by 33.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,594 shares of the business services provider’s stock after selling 1,803 shares during the period. Moody Aldrich Partners LLC’s holdings in TransUnion were worth $313,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Fred Alger Management LLC grew its stake in TransUnion by 53.0% in the 1st quarter. Fred Alger Management LLC now owns 465 shares of the business services provider’s stock valued at $31,000 after buying an additional 161 shares in the last quarter. Ellevest Inc. grew its stake in TransUnion by 47.1% in the 1st quarter. Ellevest Inc. now owns 550 shares of the business services provider’s stock valued at $36,000 after buying an additional 176 shares in the last quarter. Parkside Financial Bank & Trust grew its stake in TransUnion by 174.4% in the 1st quarter. Parkside Financial Bank & Trust now owns 601 shares of the business services provider’s stock valued at $39,000 after buying an additional 382 shares in the last quarter. Balentine LLC purchased a new position in TransUnion in the 1st quarter valued at approximately $41,000. Finally, Ninety One SA PTY Ltd purchased a new position in TransUnion in the 1st quarter valued at approximately $45,000. Institutional investors own 97.54% of the company’s stock.

Several equities research analysts have recently weighed in on the company. Barclays upped their price target on TransUnion from $75.00 to $105.00 in a research report on Wednesday, June 10th. SunTrust Banks increased their target price on shares of TransUnion from $88.00 to $92.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. JPMorgan Chase & Co. raised their price target on shares of TransUnion from $92.00 to $105.00 and gave the company an “overweight” rating in a report on Wednesday. Robert W. Baird raised shares of TransUnion from a “neutral” rating to an “outperform” rating and set a $101.00 price target on the stock in a report on Wednesday, July 22nd. Finally, Royal Bank of Canada dropped their price objective on TransUnion from $110.00 to $90.00 and set an “outperform” rating for the company in a research note on Thursday, April 9th. Two research analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $96.40.

In other TransUnion news, EVP Timothy J. Martin sold 3,000 shares of the company’s stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $85.00, for a total transaction of $255,000.00. Following the completion of the sale, the executive vice president now directly owns 34,129 shares in the company, valued at $2,900,965. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Christopher A. Cartwright sold 196,894 shares of the firm’s stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $79.28, for a total value of $15,609,756.32. Following the transaction, the chief executive officer now directly owns 360,162 shares in the company, valued at $28,553,643.36. The disclosure for this sale can be found here. In the last ninety days, insiders sold 222,894 shares of company stock valued at $17,988,156. 0.38% of the stock is owned by insiders.

TRU traded down $1.04 during trading on Friday, reaching $89.57. The stock had a trading volume of 1,101,125 shares, compared to its average volume of 1,134,934. The business has a 50-day moving average of $87.23 and a 200-day moving average of $83.46. TransUnion has a one year low of $52.50 and a one year high of $101.16. The company has a debt-to-equity ratio of 1.60, a quick ratio of 1.66 and a current ratio of 1.83. The stock has a market cap of $16.93 billion, a PE ratio of 33.67, a PEG ratio of 2.56 and a beta of 1.19.

TransUnion (NYSE:TRU) last posted its quarterly earnings data on Tuesday, July 28th. The business services provider reported $0.66 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.49 by $0.17. The firm had revenue of $634.40 million during the quarter, compared to analysts’ expectations of $586.32 million. TransUnion had a return on equity of 23.04% and a net margin of 11.62%. The company’s revenue for the quarter was down 4.2% compared to the same quarter last year. During the same period in the prior year, the business earned $0.69 EPS. Equities research analysts forecast that TransUnion will post 2.49 EPS for the current fiscal year.

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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