Envestnet Asset Management Inc. Has $34.74 Million Stock Position in TransUnion $TRU

Envestnet Asset Management Inc. cut its holdings in shares of TransUnion (NYSE:TRU) by 12.2% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 414,605 shares of the business services provider’s stock after selling 57,561 shares during the quarter. Envestnet Asset Management Inc. owned approximately 0.21% of TransUnion worth $34,736,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in TRU. Geneos Wealth Management Inc. lifted its position in shares of TransUnion by 1,318.2% in the first quarter. Geneos Wealth Management Inc. now owns 312 shares of the business services provider’s stock valued at $26,000 after buying an additional 290 shares during the last quarter. Generali Asset Management SPA SGR acquired a new position in shares of TransUnion during the 2nd quarter worth approximately $30,000. Elevation Point Wealth Partners LLC acquired a new stake in shares of TransUnion in the second quarter valued at approximately $34,000. MAI Capital Management raised its stake in TransUnion by 333.3% in the second quarter. MAI Capital Management now owns 403 shares of the business services provider’s stock valued at $35,000 after purchasing an additional 310 shares in the last quarter. Finally, Osterweis Capital Management Inc. acquired a new stake in shares of TransUnion in the 2nd quarter valued at $45,000.

Insider Transactions at TransUnion

In other news, EVP Tiffani Chambers sold 4,318 shares of TransUnion stock in a transaction dated Wednesday, December 17th. The stock was sold at an average price of $86.00, for a total value of $371,348.00. Following the transaction, the executive vice president owned 50,427 shares in the company, valued at approximately $4,336,722. The trade was a 7.89% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Todd C. Skinner sold 500 shares of the stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $78.79, for a total value of $39,395.00. Following the sale, the insider owned 31,725 shares of the company’s stock, valued at $2,499,612.75. This represents a 1.55% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 7,818 shares of company stock valued at $663,883 in the last quarter. Insiders own 0.22% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on TRU shares. The Goldman Sachs Group boosted their price objective on shares of TransUnion from $78.00 to $86.00 and gave the stock a “neutral” rating in a research note on Friday, October 24th. UBS Group set a $90.00 price target on TransUnion and gave the stock a “neutral” rating in a report on Friday, October 24th. Needham & Company LLC restated a “buy” rating and issued a $115.00 target price on shares of TransUnion in a research note on Monday, October 20th. Stifel Nicolaus set a $103.00 price target on TransUnion in a research report on Friday, October 24th. Finally, Robert W. Baird set a $125.00 price target on TransUnion in a research note on Friday, October 24th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $101.08.

TransUnion Trading Down 3.3%

Shares of TransUnion stock opened at $71.68 on Thursday. TransUnion has a 12-month low of $65.24 and a 12-month high of $101.19. The company has a market cap of $13.92 billion, a price-to-earnings ratio of 33.50, a PEG ratio of 1.39 and a beta of 1.70. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 1.10. The company’s 50-day moving average price is $82.72 and its 200-day moving average price is $84.51.

TransUnion Company 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.