TimesSquare Capital Management LLC Trims Stake in TransUnion (NYSE:TRU)

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TimesSquare Capital Management LLC cut its position in shares of TransUnion (NYSE:TRU) by 17.6% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,455,275 shares of the business services provider’s stock after selling 524,780 shares during the quarter. TransUnion makes up about 1.8% of TimesSquare Capital Management LLC’s investment portfolio, making the stock its 3rd largest position. TimesSquare Capital Management LLC owned 1.30% of TransUnion worth $199,147,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in TRU. Parallel Advisors LLC increased its position in shares of TransUnion by 287.3% during the 3rd quarter. Parallel Advisors LLC now owns 306 shares of the business services provider’s stock valued at $25,000 after purchasing an additional 227 shares during the last quarter. CSat Investment Advisory L.P. bought a new position in shares of TransUnion during the 2nd quarter valued at about $30,000. Cullen Frost Bankers Inc. increased its position in shares of TransUnion by 222.9% during the 2nd quarter. Cullen Frost Bankers Inc. now owns 678 shares of the business services provider’s stock valued at $50,000 after purchasing an additional 468 shares during the last quarter. CENTRAL TRUST Co bought a new position in shares of TransUnion during the 2nd quarter valued at about $54,000. Finally, Massey Quick Simon & CO. LLC bought a new position in TransUnion during the 3rd quarter worth approximately $99,000.

TRU has been the topic of several recent research reports. Zacks Investment Research upgraded TransUnion from a “hold” rating to a “buy” rating and set a $89.00 price target on the stock in a research report on Monday, July 29th. William Blair restated an “outperform” rating on shares of TransUnion in a research report on Wednesday, October 23rd. ValuEngine lowered TransUnion from a “buy” rating to a “hold” rating in a research report on Wednesday, October 2nd. Atlantic Securities lowered TransUnion from an “overweight” rating to a “neutral” rating in a research report on Tuesday, July 30th. Finally, Deutsche Bank raised their price target on TransUnion from $78.00 to $85.00 and gave the stock a “buy” rating in a research report on Wednesday, October 23rd. Six analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $79.50.

In other news, EVP David E. Wojczynski sold 5,000 shares of TransUnion stock in a transaction that occurred on Monday, August 19th. The stock was sold at an average price of $83.75, for a total value of $418,750.00. Following the sale, the executive vice president now directly owns 29,384 shares in the company, valued at approximately $2,460,910. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director James M. Peck sold 101,167 shares of TransUnion stock in a transaction that occurred on Friday, October 25th. The stock was sold at an average price of $83.02, for a total value of $8,398,884.34. Following the completion of the sale, the director now owns 243,181 shares in the company, valued at $20,188,886.62. The disclosure for this sale can be found here. Over the last quarter, insiders sold 127,329 shares of company stock worth $10,580,429. Corporate insiders own 0.92% of the company’s stock.

TRU traded up $1.32 on Tuesday, hitting $82.97. 699,706 shares of the company were exchanged, compared to its average volume of 1,246,909. The firm has a fifty day simple moving average of $81.01 and a two-hundred day simple moving average of $76.40. The company has a debt-to-equity ratio of 1.71, a quick ratio of 1.42 and a current ratio of 1.42. TransUnion has a 12 month low of $52.15 and a 12 month high of $85.50. The stock has a market capitalization of $15.18 billion, a PE ratio of 35.92, a price-to-earnings-growth ratio of 2.23 and a beta of 0.99.

TransUnion (NYSE:TRU) last posted its quarterly earnings results on Tuesday, October 22nd. The business services provider reported $0.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.71 by $0.05. TransUnion had a return on equity of 23.59% and a net margin of 14.17%. The business had revenue of $689.00 million for the quarter, compared to analyst estimates of $676.37 million. During the same period last year, the company earned $0.65 EPS. TransUnion’s revenue for the quarter was up 14.1% compared to the same quarter last year. On average, equities analysts expect that TransUnion will post 2.55 earnings per share for the current 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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