Oak Ridge Investments LLC acquired a new position in shares of TransUnion (NYSE:TRU) during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund acquired 58,967 shares of the business services provider’s stock, valued at approximately $2,787,000.
Other hedge funds have also bought and sold shares of the company. Public Employees Retirement Association of Colorado increased its holdings in TransUnion by 138.6% during the 2nd quarter. Public Employees Retirement Association of Colorado now owns 4,009 shares of the business services provider’s stock worth $174,000 after purchasing an additional 2,329 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in TransUnion by 17.0% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,780 shares of the business services provider’s stock worth $207,000 after purchasing an additional 694 shares during the last quarter. SG Americas Securities LLC purchased a new stake in TransUnion during the 2nd quarter worth approximately $212,000. Alpine Global Management LLC purchased a new stake in TransUnion during the 2nd quarter worth approximately $217,000. Finally, Harbor Advisors LLC purchased a new stake in TransUnion during the 3rd quarter worth approximately $236,000.
Several equities research analysts have issued reports on the company. Atlantic Securities upgraded TransUnion from a “neutral” rating to an “overweight” rating in a report on Friday. Royal Bank Of Canada restated a “buy” rating and set a $57.00 price objective on shares of TransUnion in a report on Friday, October 27th. Stifel Nicolaus restated a “buy” rating and set a $59.00 price objective (up from $50.00) on shares of TransUnion in a report on Sunday, October 29th. Morgan Stanley downgraded TransUnion from an “overweight” rating to an “equal weight” rating and set a $54.00 price objective on the stock. in a report on Monday, October 30th. Finally, SunTrust Banks, Inc. lifted their price objective on TransUnion to $64.00 and gave the stock a “buy” rating in a report on Monday, October 30th. One equities research analyst has rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company’s stock. TransUnion currently has a consensus rating of “Buy” and a consensus target price of $55.00.
Shares of TransUnion (TRU) traded up $0.97 on Friday, hitting $55.29. The stock had a trading volume of 1,880,000 shares, compared to its average volume of 1,560,000. The firm has a market cap of $10,270.00 and a price-to-earnings ratio of 32.23. The company has a current ratio of 1.84, a quick ratio of 1.84 and a debt-to-equity ratio of 1.51. TransUnion has a one year low of $28.92 and a one year high of $55.75.
TransUnion (NYSE:TRU) last issued its earnings results on Friday, October 27th. The business services provider reported $0.49 EPS for the quarter, topping the consensus estimate of $0.43 by $0.06. The company had revenue of $498.00 million during the quarter, compared to analyst estimates of $475.52 million. TransUnion had a return on equity of 21.37% and a net margin of 13.17%. The business’s revenue was up 13.8% on a year-over-year basis. During the same quarter last year, the firm earned $0.38 EPS. sell-side analysts forecast that TransUnion will post 1.71 EPS for the current year.
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.
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