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

Van ECK Associates Corp lifted its holdings in shares of TransUnion (NYSE:TRU) by 7.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,139,607 shares of the business services provider’s stock after purchasing an additional 356,306 shares during the quarter. Van ECK Associates Corp owned 2.64% of TransUnion worth $476,493,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the stock. Huntington National Bank grew its stake in TransUnion by 84.5% in the 3rd quarter. Huntington National Bank now owns 286 shares of the business services provider’s stock worth $30,000 after buying an additional 131 shares in the last quarter. Versant Capital Management Inc lifted its holdings in shares of TransUnion by 82.1% during the 4th quarter. Versant Capital Management Inc now owns 428 shares of the business services provider’s stock worth $40,000 after acquiring an additional 193 shares during the last quarter. True Wealth Design LLC grew its position in TransUnion by 4,590.0% in the third quarter. True Wealth Design LLC now owns 469 shares of the business services provider’s stock worth $49,000 after acquiring an additional 459 shares in the last quarter. Retirement Wealth Solutions LLC bought a new position in TransUnion in the fourth quarter valued at $44,000. Finally, Signaturefd LLC raised its position in TransUnion by 15.0% during the third quarter. Signaturefd LLC now owns 788 shares of the business services provider’s stock valued at $83,000 after purchasing an additional 103 shares in the last quarter.

Insider Buying and Selling at TransUnion

In other TransUnion news, 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 transaction, 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Steven M. Chaouki sold 1,000 shares of the company’s stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $95.95, for a total transaction of $95,950.00. Following the completion of the transaction, the insider now owns 58,488 shares of the company’s stock, valued at $5,611,923.60. This trade represents a 1.68 % decrease in their ownership of the stock. 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 90 days. Insiders own 0.22% of the company’s stock.

TransUnion Stock Performance

TransUnion stock opened at $93.46 on Thursday. The company has a current ratio of 1.68, a quick ratio of 1.68 and a debt-to-equity ratio of 1.19. The firm has a market cap of $18.22 billion, a P/E ratio of 81.27, a P/E/G ratio of 1.16 and a beta of 1.63. TransUnion has a 1-year low of $66.07 and a 1-year high of $113.17. The firm has a 50-day moving average of $95.09 and a 200-day moving average of $97.75.

Analysts Set New Price Targets

A number of research firms have recently issued reports on TRU. Stifel Nicolaus upped their price objective on TransUnion from $103.00 to $120.00 and gave the stock a “buy” rating in a report on Thursday, October 24th. UBS Group upped their target price on TransUnion from $102.00 to $104.00 and gave the stock a “neutral” rating in a research note on Monday, February 3rd. Needham & Company LLC reiterated a “hold” rating on shares of TransUnion in a research report on Thursday, January 16th. Jefferies Financial Group lowered their price objective on shares of TransUnion from $125.00 to $115.00 and set a “buy” rating for the company in a report on Wednesday, January 15th. Finally, Morgan Stanley reduced their target price on shares of TransUnion from $130.00 to $127.00 and set an “overweight” rating on the stock in a report on Tuesday, January 28th. Six equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $107.63.

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.