Prudential Financial Inc. reduced its stake in TransUnion (NYSE:TRU) by 31.7% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,500 shares of the business services provider’s stock after selling 4,410 shares during the period. Prudential Financial Inc.’s holdings in TransUnion were worth $364,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. State Board of Administration of Florida Retirement System raised its position in shares of TransUnion by 1.9% in the fourth quarter. State Board of Administration of Florida Retirement System now owns 18,646 shares of the business services provider’s stock valued at $577,000 after buying an additional 345 shares during the period. Envestnet Asset Management Inc. raised its position in shares of TransUnion by 10.9% in the fourth quarter. Envestnet Asset Management Inc. now owns 6,220 shares of the business services provider’s stock valued at $193,000 after buying an additional 609 shares during the period. Massmutual Trust Co. FSB ADV raised its position in shares of TransUnion by 6.2% in the first quarter. Massmutual Trust Co. FSB ADV now owns 11,877 shares of the business services provider’s stock valued at $455,000 after buying an additional 698 shares during the period. GSA Capital Partners LLP raised its position in shares of TransUnion by 17.4% in the fourth quarter. GSA Capital Partners LLP now owns 7,324 shares of the business services provider’s stock valued at $227,000 after buying an additional 1,085 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of TransUnion by 37.2% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,086 shares of the business services provider’s stock valued at $157,000 after buying an additional 1,108 shares during the period.

TransUnion (NYSE:TRU) opened at 44.34 on Tuesday. The stock has a market capitalization of $8.10 billion, a price-to-earnings ratio of 48.57 and a beta of 0.60. The firm has a 50-day moving average price of $42.98 and a 200 day moving average price of $37.53. TransUnion has a 52-week low of $28.92 and a 52-week high of $44.88.

TransUnion (NYSE:TRU) last released its quarterly earnings data on Tuesday, April 25th. The business services provider reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.36 by $0.06. TransUnion had a net margin of 9.71% and a return on equity of 19.14%. The business had revenue of $445 million during the quarter, compared to analyst estimates of $444.53 million. During the same quarter in the previous year, the business earned $0.32 EPS. TransUnion’s quarterly revenue was up 9.6% compared to the same quarter last year. On average, equities research analysts predict that TransUnion will post $1.79 EPS for the current year.

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Several research analysts recently weighed in on the company. Zacks Investment Research raised TransUnion from a “hold” rating to a “buy” rating and set a $43.00 target price on the stock in a research report on Tuesday, April 4th. Barclays PLC reaffirmed a “buy” rating and issued a $45.00 target price on shares of TransUnion in a research report on Thursday, April 27th. Cowen and Company increased their target price on TransUnion from $42.00 to $44.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 26th. Royal Bank Of Canada reaffirmed a “buy” rating and issued a $45.00 target price on shares of TransUnion in a research report on Wednesday, April 26th. Finally, Deutsche Bank AG reaffirmed a “buy” rating and issued a $47.00 target price (up from $45.00) on shares of TransUnion in a research report on Saturday, April 29th. Two analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. TransUnion presently has a consensus rating of “Buy” and a consensus price target of $44.00.

In related news, major shareholder International Corp/Ma Advent sold 11,027,445 shares of TransUnion stock in a transaction on Tuesday, May 2nd. The shares were sold at an average price of $39.15, for a total value of $431,724,471.75. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP David M. Neenan sold 60,000 shares of TransUnion stock in a transaction on Tuesday, May 2nd. The shares were sold at an average price of $39.15, for a total transaction of $2,349,000.00. Following the completion of the sale, the executive vice president now directly owns 80,430 shares of the company’s stock, valued at approximately $3,148,834.50. The disclosure for this sale can be found here. In the last ninety days, insiders sold 11,320,945 shares of company stock valued at $443,241,697. 2.10% of the stock is owned by company insiders.

About TransUnion

TransUnion is a risk and information solutions provider to businesses and consumers. The Company provides consumer reports, risk scores, analytical services and decision capabilities to businesses. The Company operates through three segments: U.S. Information Services (USIS), International and Consumer Interactive.

Institutional Ownership by Quarter for TransUnion (NYSE:TRU)

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