Entropy Technologies LP acquired a new position in TransUnion (NYSE:TRU – Free Report) during the fourth quarter, Holdings Channel.com reports. The firm acquired 8,068 shares of the business services provider’s stock, valued at approximately $748,000.
Several other institutional investors have also recently made changes to their positions in the business. FMR LLC grew its position in TransUnion by 307.7% during the 3rd quarter. FMR LLC now owns 4,540,896 shares of the business services provider’s stock worth $475,432,000 after purchasing an additional 3,427,199 shares during the period. Massachusetts Financial Services Co. MA grew its holdings in TransUnion by 17.4% during the third quarter. Massachusetts Financial Services Co. MA now owns 19,180,562 shares of the business services provider’s stock worth $2,008,205,000 after acquiring an additional 2,840,800 shares during the period. Westfield Capital Management Co. LP acquired a new stake in TransUnion during the third quarter worth about $92,661,000. Wellington Management Group LLP raised its position in TransUnion by 16.8% during the third quarter. Wellington Management Group LLP now owns 4,426,510 shares of the business services provider’s stock valued at $463,456,000 after acquiring an additional 635,581 shares in the last quarter. Finally, Principal Financial Group Inc. lifted its holdings in TransUnion by 1,428.4% in the third quarter. Principal Financial Group Inc. now owns 226,771 shares of the business services provider’s stock valued at $23,743,000 after acquiring an additional 211,934 shares during the period.
Insider Buying and Selling at TransUnion
In other news, Director George M. Awad sold 12,000 shares of the company’s stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $100.00, for a total value of $1,200,000.00. Following the transaction, the director now directly owns 27,026 shares in the company, valued at approximately $2,702,600. This represents a 30.75 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Todd C. Skinner sold 3,090 shares of TransUnion stock in a transaction that occurred 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 completion of the sale, the insider now owns 24,333 shares of the company’s stock, valued at $2,469,312.84. This trade represents a 11.27 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 18,590 shares of company stock worth $1,854,218 in the last ninety days. 0.22% of the stock is owned by insiders.
TransUnion Trading Down 0.5 %
Analysts Set New Price Targets
TRU has been the topic of a number of analyst reports. Royal Bank of Canada reaffirmed an “outperform” rating and set a $121.00 price objective on shares of TransUnion in a research note on Thursday, October 24th. Jefferies Financial Group cut 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. Stifel Nicolaus increased their price target on TransUnion from $103.00 to $120.00 and gave the stock a “buy” rating in a research report on Thursday, October 24th. Robert W. Baird upped their price target on shares of TransUnion from $104.00 to $130.00 and gave the stock an “outperform” rating in a research report on Thursday, October 24th. Finally, Wells Fargo & Company lowered their price objective on TransUnion from $135.00 to $126.00 and set an “overweight” rating on the stock in a report on Friday, January 10th. Six analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to MarketBeat.com, TransUnion currently has a consensus rating of “Moderate Buy” and a consensus target price of $107.63.
View Our Latest Stock Analysis on TRU
TransUnion 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.
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