Trading Report: Today, Teacher Retirement System of Texas Boosts Position in TransUnion (TRU)

Today, Teacher Retirement System of Texas Boosts Position in TransUnion (TRU)

Teacher Retirement System of Texas boosted its position in shares of TransUnion (NYSE:TRU) by 71.5% during the second quarter, Holdings Channel reports. The fund owned 7,684 shares of the company’s stock after buying an additional 3,204 shares during the period. Teacher Retirement System of Texas’ holdings in TransUnion were worth $257,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Barclays PLC increased its stake in TransUnion by 526.2% in the first quarter. Barclays PLC now owns 58,530 shares of the company’s stock worth $1,581,000 after buying an additional 49,183 shares during the last quarter. TIAA CREF Investment Management LLC increased its stake in TransUnion by 100.9% in the first quarter. TIAA CREF Investment Management LLC now owns 185,101 shares of the company’s stock worth $5,111,000 after buying an additional 92,986 shares during the last quarter. Panagora Asset Management Inc. purchased a new stake in TransUnion during the first quarter worth $6,514,000. A.R.T. Advisors LLC purchased a new stake in TransUnion during the first quarter worth $2,360,000. Finally, JPMorgan Chase & Co. purchased a new stake in TransUnion during the first quarter worth $10,256,000. Institutional investors and hedge funds own 98.41% of the company’s stock.

Shares of TransUnion (NYSE:TRU) opened at 32.59 on Tuesday. TransUnion has a 52-week low of $20.43 and a 52-week high of $35.79. The company has a market capitalization of $5.96 billion, a PE ratio of 133.57 and a beta of 0.36. The firm’s 50-day moving average price is $33.30 and its 200 day moving average price is $32.19.

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

TRU has been the topic of several analyst reports. Stifel Nicolaus lifted their price objective on TransUnion from $36.50 to $39.00 and gave the stock a “buy” rating in a report on Wednesday, July 27th. Barclays PLC lifted their price objective on TransUnion from $30.00 to $37.00 and gave the stock an “equal weight” rating in a report on Wednesday, July 27th. Morgan Stanley reiterated a “hold” rating and issued a $36.00 price objective on shares of TransUnion in a report on Thursday, July 28th. Finally, Zacks Investment Research downgraded TransUnion from a “strong-buy” rating to a “hold” rating in a report on Wednesday, June 29th. Two research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of $34.11.

In other news, 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 sale was disclosed in a legal filing with the SEC, which is available through this link. Also, 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 disclosure for this sale can be found here. Company insiders own 1.60% of the company’s stock.

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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