Allianz Asset Management GmbH Buys 109,662 Shares of TransUnion $TRU

Allianz Asset Management GmbH raised its stake in shares of TransUnion (NYSE:TRU) by 202.1% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 163,911 shares of the business services provider’s stock after buying an additional 109,662 shares during the quarter. Allianz Asset Management GmbH owned about 0.08% of TransUnion worth $13,732,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Callan Family Office LLC increased its holdings in shares of TransUnion by 11.8% during the third quarter. Callan Family Office LLC now owns 3,907 shares of the business services provider’s stock valued at $327,000 after acquiring an additional 411 shares in the last quarter. Jones Financial Companies Lllp grew its position in TransUnion by 12.3% during the 3rd quarter. Jones Financial Companies Lllp now owns 5,398 shares of the business services provider’s stock valued at $459,000 after purchasing an additional 590 shares during the last quarter. Principal Financial Group Inc. increased its stake in TransUnion by 5,046.6% during the 3rd quarter. Principal Financial Group Inc. now owns 432,881 shares of the business services provider’s stock valued at $36,267,000 after purchasing an additional 424,470 shares in the last quarter. UMB Bank n.a. raised its holdings in TransUnion by 14,870.0% in the third quarter. UMB Bank n.a. now owns 1,497 shares of the business services provider’s stock worth $125,000 after buying an additional 1,487 shares during the last quarter. Finally, Thrivent Financial for Lutherans lifted its stake in shares of TransUnion by 65.4% in the third quarter. Thrivent Financial for Lutherans now owns 181,587 shares of the business services provider’s stock worth $15,213,000 after buying an additional 71,810 shares in the last quarter.

Insider Activity at TransUnion

In other news, insider Steven M. Chaouki sold 1,000 shares of TransUnion stock in a transaction on Friday, January 2nd. The shares were sold at an average price of $85.71, for a total transaction of $85,710.00. Following the transaction, the insider owned 61,592 shares in the company, valued at $5,279,050.32. This trade represents a 1.60% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Tiffani Chambers sold 4,318 shares of the business’s stock in a transaction on Wednesday, December 17th. The shares were sold at an average price of $86.00, for a total transaction of $371,348.00. Following the sale, the executive vice president directly owned 50,427 shares of the company’s stock, valued at approximately $4,336,722. The trade was a 7.89% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 7,818 shares of company stock worth $663,883. 0.22% of the stock is owned by company insiders.

TransUnion Trading Up 4.7%

Shares of NYSE:TRU opened at $73.55 on Friday. The stock’s 50-day simple moving average is $83.30 and its two-hundred day simple moving average is $85.01. The stock has a market capitalization of $14.28 billion, a price-to-earnings ratio of 34.37, a PEG ratio of 1.38 and a beta of 1.70. TransUnion has a 52-week low of $65.24 and a 52-week high of $101.19. The company has a debt-to-equity ratio of 1.10, a quick ratio of 2.01 and a current ratio of 2.01.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on TRU shares. BMO Capital Markets raised TransUnion to a “strong-buy” rating in a research report on Friday, January 23rd. Oppenheimer started coverage on TransUnion in a research note on Monday, October 13th. They issued an “outperform” rating and a $93.00 price target for the company. Wells Fargo & Company dropped their price objective on TransUnion from $118.00 to $100.00 and set an “overweight” rating on the stock in a research report on Wednesday, January 14th. JPMorgan Chase & Co. decreased their target price on TransUnion from $118.00 to $107.00 and set an “overweight” rating for the company in a research report on Friday, October 24th. Finally, Morgan Stanley lowered their target price on shares of TransUnion from $122.00 to $120.00 and set an “overweight” rating on the stock in a research note on Wednesday, December 17th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $101.08.

TransUnion Profile

TransUnion is a global information and insights company that helps businesses and consumers make critical decisions using data and analytics. As one of the three major credit bureaus in the United States, TransUnion collects and aggregates credit information on individuals and businesses, providing credit reports, risk scores and portfolio management tools to financial institutions, lenders, landlords and other decision makers. Its consumer-facing products enable individuals to monitor credit status, detect identity theft and access personalized financial insights.

The company’s offerings span credit risk assessment, identity management, fraud prevention and marketing solutions.