Massachusetts Financial Services Co. MA Purchases 432,056 Shares of TransUnion (TRU)

Massachusetts Financial Services Co. MA grew its position in shares of TransUnion (NYSE:TRU) by 15.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,291,094 shares of the business services provider’s stock after acquiring an additional 432,056 shares during the quarter. Massachusetts Financial Services Co. MA’s holdings in TransUnion were worth $242,158,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Xact Kapitalforvaltning AB increased its holdings in shares of TransUnion by 3.7% during the second quarter. Xact Kapitalforvaltning AB now owns 19,372 shares of the business services provider’s stock valued at $1,388,000 after acquiring an additional 700 shares in the last quarter. Pendal Group Ltd increased its holdings in shares of TransUnion by 14.4% during the second quarter. Pendal Group Ltd now owns 6,111 shares of the business services provider’s stock valued at $438,000 after acquiring an additional 768 shares in the last quarter. Bfsg LLC increased its holdings in shares of TransUnion by 14.1% during the second quarter. Bfsg LLC now owns 6,265 shares of the business services provider’s stock valued at $449,000 after acquiring an additional 774 shares in the last quarter. Keybank National Association OH increased its holdings in shares of TransUnion by 19.0% during the second quarter. Keybank National Association OH now owns 4,961 shares of the business services provider’s stock valued at $355,000 after acquiring an additional 793 shares in the last quarter. Finally, United Services Automobile Association increased its holdings in shares of TransUnion by 0.4% during the second quarter. United Services Automobile Association now owns 217,750 shares of the business services provider’s stock valued at $15,600,000 after acquiring an additional 813 shares in the last quarter. Hedge funds and other institutional investors own 98.17% of the company’s stock.

Shares of NYSE:TRU opened at $61.59 on Friday. The company has a market cap of $11.84 billion, a P/E ratio of 36.02, a P/E/G ratio of 3.55 and a beta of 0.69. The company has a debt-to-equity ratio of 2.07, a quick ratio of 1.59 and a current ratio of 1.62. TransUnion has a 12-month low of $51.44 and a 12-month high of $79.48.



TransUnion (NYSE:TRU) last announced its earnings results on Tuesday, October 23rd. The business services provider reported $0.65 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.63 by $0.02. The company had revenue of $603.60 million for the quarter, compared to analysts’ expectations of $617.92 million. TransUnion had a return on equity of 21.22% and a net margin of 18.98%. TransUnion’s quarterly revenue was up 21.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.49 earnings per share. As a group, research analysts predict that TransUnion will post 2.24 earnings per share for the current fiscal year.

In other TransUnion news, EVP Gerald M. Mccarthy, Jr. sold 62,752 shares of the business’s stock in a transaction on Monday, July 30th. The stock was sold at an average price of $70.61, for a total value of $4,430,918.72. Following the transaction, the executive vice president now owns 99,390 shares of the company’s stock, valued at $7,017,927.90. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, EVP John T. Danaher sold 4,318 shares of the business’s stock in a transaction on Monday, August 6th. The stock was sold at an average price of $73.76, for a total value of $318,495.68. Following the completion of the transaction, the executive vice president now directly owns 49,491 shares in the company, valued at approximately $3,650,456.16. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 68,660 shares of company stock worth $4,864,356. 2.10% of the stock is owned by insiders.

TRU has been the subject of several recent research reports. Atlantic Securities upgraded TransUnion from a “neutral” rating to an “overweight” rating and set a $82.00 price objective for the company in a report on Wednesday. Bank of America initiated coverage on TransUnion in a report on Tuesday, October 23rd. They set a “buy” rating and a $84.00 price objective for the company. Zacks Investment Research cut TransUnion from a “buy” rating to a “hold” rating in a research report on Friday, July 27th. Robert W. Baird lifted their target price on TransUnion from $80.00 to $81.00 and gave the company an “outperform” rating in a research report on Wednesday, July 25th. Finally, Cowen reaffirmed a “buy” rating and set a $77.00 target price on shares of TransUnion in a research report on Friday, July 20th. Three equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $78.54.

About TransUnion

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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