Van ECK Associates Corp Increases Position in TransUnion (NYSE:TRU)

Van ECK Associates Corp raised its holdings in shares of TransUnion (NYSE:TRU) by 7.4% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 5,139,607 shares of the business services provider’s stock after purchasing an additional 356,306 shares during the period. Van ECK Associates Corp’s holdings in TransUnion were worth $476,493,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in TRU. Sumitomo Mitsui Trust Group Inc. increased its position in TransUnion by 12.1% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,308,028 shares of the business services provider’s stock valued at $136,951,000 after buying an additional 140,952 shares in the last quarter. FMR LLC grew its stake in shares of TransUnion by 307.7% in the third quarter. FMR LLC now owns 4,540,896 shares of the business services provider’s stock worth $475,432,000 after acquiring an additional 3,427,199 shares during the last quarter. Captrust Financial Advisors bought a new position in shares of TransUnion during the third quarter valued at $892,000. Assetmark Inc. raised its position in shares of TransUnion by 6,720.7% in the 3rd quarter. Assetmark Inc. now owns 128,706 shares of the business services provider’s stock worth $13,476,000 after purchasing an additional 126,819 shares during the last quarter. Finally, Assenagon Asset Management S.A. boosted its stake in TransUnion by 22.0% in the 4th quarter. Assenagon Asset Management S.A. now owns 26,308 shares of the business services provider’s stock worth $2,439,000 after purchasing an additional 4,743 shares in the last quarter.

Analysts Set New Price Targets

TRU has been the subject of a number of analyst reports. Oppenheimer reduced their price objective on shares of TransUnion from $115.00 to $112.00 and set an “outperform” rating for the company in a research note on Tuesday, January 7th. Morgan Stanley reduced their price target on shares of TransUnion from $130.00 to $127.00 and set an “overweight” rating for the company in a research report on Tuesday, January 28th. Robert W. Baird upped their price objective on TransUnion from $104.00 to $130.00 and gave the company an “outperform” rating in a research report on Thursday, October 24th. UBS Group lifted their target price on TransUnion from $102.00 to $104.00 and gave the stock a “neutral” rating in a report on Monday, February 3rd. Finally, Jefferies Financial Group decreased their price target on TransUnion from $125.00 to $115.00 and set a “buy” rating for the company in a research note on Wednesday, January 15th. Six research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to MarketBeat.com, TransUnion presently has an average rating of “Moderate Buy” and a consensus target price of $107.63.

TransUnion Stock Down 0.5 %

TRU stock opened at $93.46 on Thursday. The company has a market cap of $18.22 billion, a price-to-earnings ratio of 81.27, a P/E/G ratio of 1.16 and a beta of 1.63. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.68 and a current ratio of 1.68. The business’s 50-day moving average is $95.09 and its two-hundred day moving average is $97.75. TransUnion has a fifty-two week low of $66.07 and a fifty-two week high of $113.17.

Insider Activity

In other TransUnion news, Director George M. Awad sold 12,000 shares of the stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $100.00, for a total value of $1,200,000.00. Following the transaction, the director now directly owns 27,026 shares in the company, valued at approximately $2,702,600. This trade represents a 30.75 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Todd C. Skinner sold 3,090 shares of the business’s stock in a transaction on Friday, November 29th. The shares were sold at an average price of $101.48, for a total transaction of $313,573.20. Following the sale, the insider now directly owns 24,333 shares of the company’s stock, valued at approximately $2,469,312.84. The trade was a 11.27 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 18,590 shares of company stock valued at $1,854,218 in the last quarter. 0.22% of the stock is currently owned by insiders.

About TransUnion

TransUnion operates as a global consumer credit reporting agency that provides risk and information solutions. The company operates through U.S. Markets, International, and Consumer Interactive segments. The U.S. Markets segment provides consumer reports, actionable insights, and analytic services to businesses, which uses 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 mitigate fraud risk.