The UBS Asset Management Americas Inc. Raises its position in TransUnion (TRU) as a favorable investment target.

The UBS Asset Management Americas Inc. Raises its position in TransUnion (TRU) as a favorable investment target.

UBS Asset Management Americas Inc. boosted its stake in shares of TransUnion (NYSE:TRU) by 68.2% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 41,159 shares of the company’s stock after buying an additional 16,683 shares during the period. UBS Asset Management Americas Inc.’s holdings in TransUnion were worth $1,376,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. BNP Paribas Arbitrage SA increased its stake in TransUnion by 6.7% in the second quarter. BNP Paribas Arbitrage SA now owns 4,643 shares of the company’s stock valued at $155,000 after buying an additional 291 shares in the last quarter. M&T Bank Corp increased its stake in TransUnion by 5.1% in the first quarter. M&T Bank Corp now owns 18,400 shares of the company’s stock valued at $508,000 after buying an additional 900 shares in the last quarter. TD Asset Management Inc. increased its stake in TransUnion by 2.1% in the second quarter. TD Asset Management Inc. now owns 49,000 shares of the company’s stock valued at $1,639,000 after buying an additional 1,000 shares in the last quarter. EAM Investors LLC increased its stake in TransUnion by 4.2% in the second quarter. EAM Investors LLC now owns 91,776 shares of the company’s stock valued at $3,069,000 after buying an additional 3,679 shares in the last quarter. Finally, BlackRock Inc. increased its stake in TransUnion by 475.0% in the first quarter. BlackRock Inc. now owns 5,100 shares of the company’s stock valued at $140,000 after buying an additional 4,213 shares in the last quarter. 98.41% of the stock is owned by institutional investors and hedge funds.

Shares of TransUnion (NYSE:TRU) traded up 1.57% on Friday, hitting $32.99. The stock had a trading volume of 17,973 shares. TransUnion has a 12 month low of $20.43 and a 12 month high of $35.79. The company has a 50 day moving average price of $33.32 and a 200-day moving average price of $32.05. The stock has a market cap of $6.03 billion, a PE ratio of 135.20 and a beta of 0.36.

TransUnion (NYSE:TRU) last released its earnings results on Tuesday, July 26th. The company reported $0.37 earnings per share for the quarter, beating analysts’ consensus estimates of $0.32 by $0.05. TransUnion had a net margin of 2.81% and a return on equity of 16.06%. The company had revenue of $426 million for the quarter, compared to analysts’ expectations of $414.70 million. During the same quarter in the previous year, the company earned $0.27 EPS. TransUnion’s revenue for the quarter was up 12.5% on a year-over-year basis. On average, equities research analysts anticipate that TransUnion will post $1.39 earnings per share for the current year.

Several equities research analysts have issued reports on the company. Barclays PLC upgraded TransUnion from an “equal weight” rating to an “overweight” rating and set a $37.00 target price on the stock in a research report on Wednesday, September 21st. Morgan Stanley reiterated a “hold” rating and issued a $36.00 price objective on shares of TransUnion in a research report on Thursday, July 28th. Stifel Nicolaus increased their price objective on TransUnion from $36.50 to $39.00 and gave the stock a “buy” rating in a research report on Wednesday, July 27th. Zacks Investment Research downgraded TransUnion from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, June 29th. Finally, Deutsche Bank AG reiterated a “buy” rating on shares of TransUnion in a research report on Thursday, June 16th. Two investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of $34.11.

In related news, EVP Gerald M. Mccarthy, Jr. sold 12,522 shares of the company’s stock in a transaction dated Thursday, August 4th. The shares were sold at an average price of $32.22, for a total transaction of $403,458.84. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, VP Timothy Elberfeld sold 4,891 shares of the company’s stock in a transaction dated Wednesday, August 24th. The shares were sold at an average price of $32.80, for a total transaction of $160,424.80. The disclosure for this sale can be found here. 1.60% of the stock is currently owned by company insiders.

About TransUnion

TransUnion, formerly TransUnion Holding Company, Inc, is a risk and information solutions provider to businesses and consumers. The Company operates through three segments: US Information Services (USIS), International and Consumer Interactive. The USIS segment provides consumer reports, risk scores, analytical services and decisioning capabilities to businesses.

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