Federated Hermes Inc. Has $1.46 Million Holdings in TransUnion $TRU

Federated Hermes Inc. grew its holdings in shares of TransUnion (NYSE:TRU) by 22,593.5% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 17,474 shares of the business services provider’s stock after buying an additional 17,397 shares during the period. Federated Hermes Inc.’s holdings in TransUnion were worth $1,464,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Royal Bank of Canada boosted its stake in TransUnion by 85.3% during the first quarter. Royal Bank of Canada now owns 75,761 shares of the business services provider’s stock worth $6,288,000 after acquiring an additional 34,867 shares in the last quarter. Geneos Wealth Management Inc. raised its holdings in shares of TransUnion by 1,318.2% during the first quarter. Geneos Wealth Management Inc. now owns 312 shares of the business services provider’s stock valued at $26,000 after purchasing an additional 290 shares during the period. DAVENPORT & Co LLC raised its holdings in shares of TransUnion by 3.4% during the second quarter. DAVENPORT & Co LLC now owns 33,029 shares of the business services provider’s stock valued at $2,889,000 after purchasing an additional 1,076 shares during the period. KLP Kapitalforvaltning AS grew its stake in shares of TransUnion by 1.8% in the 2nd quarter. KLP Kapitalforvaltning AS now owns 68,900 shares of the business services provider’s stock valued at $6,063,000 after buying an additional 1,200 shares during the period. Finally, Vontobel Holding Ltd. grew its stake in shares of TransUnion by 127.0% in the 2nd quarter. Vontobel Holding Ltd. now owns 12,020 shares of the business services provider’s stock valued at $1,058,000 after buying an additional 6,724 shares during the period.

Insiders Place Their Bets

In other TransUnion news, insider Todd C. Skinner sold 500 shares of the business’s stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $78.79, for a total value of $39,395.00. Following the transaction, the insider owned 31,725 shares of the company’s stock, valued at approximately $2,499,612.75. The trade was a 1.55% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Tiffani Chambers sold 4,318 shares of the firm’s stock in a transaction on Wednesday, December 17th. The shares were sold at an average price of $86.00, for a total value 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. This represents a 7.89% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 7,818 shares of company stock valued at $663,883 in the last 90 days. 0.22% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of research analysts recently weighed in on the company. The Goldman Sachs Group upped their price target on TransUnion from $78.00 to $86.00 and gave the stock a “neutral” rating in a research note on Friday, October 24th. BMO Capital Markets raised TransUnion to a “strong-buy” rating in a research report on Friday, January 23rd. UBS Group set a $90.00 price target on shares of TransUnion and gave the company a “neutral” rating in a research report on Friday, October 24th. Weiss Ratings restated a “hold (c)” rating on shares of TransUnion in a research note on Wednesday, January 21st. Finally, JPMorgan Chase & Co. lowered their price objective on shares of TransUnion from $118.00 to $107.00 and set an “overweight” rating on the stock in a report on Friday, October 24th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, TransUnion currently has a consensus rating of “Moderate Buy” and a consensus target price of $101.08.

TransUnion Stock Performance

NYSE TRU opened at $70.16 on Friday. The company has a fifty day moving average price of $83.53 and a 200-day moving average price of $85.19. The firm has a market cap of $13.62 billion, a price-to-earnings ratio of 32.78, a PEG ratio of 1.30 and a beta of 1.70. The company has a debt-to-equity ratio of 1.10, a current ratio of 2.01 and a quick ratio of 2.01. TransUnion has a 1 year low of $65.24 and a 1 year high of $101.19.

About TransUnion

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.