TransUnion (NYSE:TRU) Position Boosted by Blair William & Co. IL

Key Points

• Blair William & Co. IL increased its stake in TransUnion by 370.3% during Q1, now holding 73,863 shares valued at approximately $6.13 million.
• TransUnion's earnings report revealed a $1.08 EPS, exceeding expectations and representing a 9.5% revenue growth compared to the previous year.
• While Wall Street analysts generally have a positive outlook, with multiple buy ratings, some firms have adjusted their price targets downward, indicating a consensus "Moderate Buy" rating with a target price of $112.46.

Blair William & Co. IL lifted its holdings in shares of TransUnion (NYSE:TRU - Free Report) by 370.3% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 73,863 shares of the business services provider's stock after purchasing an additional 58,156 shares during the period. Blair William & Co. IL's holdings in TransUnion were worth $6,130,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of the stock. CCLA Investment Management boosted its stake in shares of TransUnion by 4.1% during the 1st quarter. CCLA Investment Management now owns 1,189,729 shares of the business services provider's stock worth $98,604,000 after purchasing an additional 46,624 shares during the last quarter. PNC Financial Services Group Inc. lifted its stake in shares of TransUnion by 8.5% during the first quarter. PNC Financial Services Group Inc. now owns 2,867 shares of the business services provider's stock valued at $238,000 after buying an additional 225 shares during the period. Jefferies Financial Group Inc. acquired a new stake in TransUnion during the first quarter worth approximately $366,000. Pacific Capital Partners Ltd purchased a new stake in TransUnion in the 1st quarter worth approximately $1,245,000. Finally, Banque Cantonale Vaudoise acquired a new position in TransUnion in the 1st quarter valued at $876,000.

TransUnion Stock Down 0.3%

TransUnion stock traded down $0.31 during midday trading on Thursday, hitting $90.59. 1,039,500 shares of the stock were exchanged, compared to its average volume of 2,227,292. TransUnion has a 1 year low of $66.38 and a 1 year high of $113.17. The company has a debt-to-equity ratio of 1.09, a current ratio of 2.03 and a quick ratio of 2.02. The firm has a market cap of $17.65 billion, a P/E ratio of 45.30, a P/E/G ratio of 2.54 and a beta of 1.65. The company has a 50 day moving average price of $90.32 and a two-hundred day moving average price of $87.92.

TransUnion (NYSE:TRU - Get Free Report) last released its quarterly earnings results on Thursday, July 24th. The business services provider reported $1.08 EPS for the quarter, topping the consensus estimate of $0.99 by $0.09. The business had revenue of $1.14 billion for the quarter, compared to analysts' expectations of $1.10 billion. TransUnion had a return on equity of 16.08% and a net margin of 8.99%. The company's revenue was up 9.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.99 earnings per share. On average, sell-side analysts predict that TransUnion will post 3.99 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities analysts recently weighed in on TRU shares. Stifel Nicolaus reduced their target price on TransUnion from $120.00 to $112.00 and set a "buy" rating on the stock in a research report on Friday, April 25th. Bank of America began coverage on TransUnion in a research report on Thursday, April 10th. They set an "underperform" rating and a $84.00 price target for the company. BMO Capital Markets upped their price target on TransUnion from $115.00 to $118.00 and gave the stock an "outperform" rating in a research note on Friday, July 25th. Needham & Company LLC reaffirmed a "hold" rating on shares of TransUnion in a research note on Friday, July 25th. Finally, Wall Street Zen downgraded shares of TransUnion from a "buy" rating to a "hold" rating in a research report on Sunday. One analyst has rated the stock with a sell rating, five have given a hold rating and ten have issued a buy rating to the company. According to MarketBeat, TransUnion presently has a consensus rating of "Moderate Buy" and a consensus price target of $112.46.

Insider Buying and Selling at TransUnion

In related news, CAO Jennifer A. Williams sold 972 shares of the firm's stock in a transaction that occurred on Monday, August 4th. The stock was sold at an average price of $92.89, for a total value of $90,289.08. Following the sale, the chief accounting officer owned 7,108 shares of the company's stock, valued at approximately $660,262.12. This trade represents a 12.03% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Steven M. Chaouki sold 1,000 shares of the company's stock in a transaction dated Tuesday, July 1st. The stock was sold at an average price of $87.14, for a total transaction of $87,140.00. Following the transaction, the insider owned 74,393 shares of the company's stock, valued at $6,482,606.02. This represents a 1.33% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 2,972 shares of company stock valued at $262,339. 0.22% of the stock is owned by insiders.

TransUnion Company Profile

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.