Everpoint Asset Management adds TransUnion (TRU) to its portfolio

TransUnion (TRU) : Everpoint Asset Management added new position in TransUnion during the most recent quarter end. The investment management firm now holds 1,130,914 shares of TransUnion which is valued at $37,207,071 , the company said in a statement filed on Aug 15, 2016 with the SEC.TransUnion makes up approximately 0.98% of Everpoint Asset Management’s portfolio.

Other Hedge Funds, Including , Adage Capital Partners Gp L.l.c. reduced its stake in TRU by selling 25,000 shares or 4.17% in the most recent quarter. The Hedge Fund company now holds 575,000 shares of TRU which is valued at $18,917,500. TransUnion makes up approx 0.05% of Adage Capital Partners Gp L.l.c.’s portfolio.Norges Bank boosted its stake in TRU in the latest quarter, The investment management firm added 242,590 additional shares and now holds a total of 342,590 shares of TransUnion which is valued at $11,271,211. TransUnion makes up approx 0.01% of Norges Bank’s portfolio.Credit Suisse Ag reduced its stake in TRU by selling 2,555 shares or 6.57% in the most recent quarter. The Hedge Fund company now holds 36,307 shares of TRU which is valued at $1,194,500.Teachers Advisors Inc boosted its stake in TRU in the latest quarter, The investment management firm added 52,929 additional shares and now holds a total of 383,315 shares of TransUnion which is valued at $12,611,064. TransUnion makes up approx 0.02% of Teachers Advisors Inc’s portfolio.Pacad Investment Ltd. reduced its stake in TRU by selling 3,000 shares or 14.96% in the most recent quarter. The Hedge Fund company now holds 17,058 shares of TRU which is valued at $561,208. TransUnion makes up approx 0.07% of Pacad Investment Ltd.’s portfolio.

TransUnion opened for trading at $33.1 and hit $33.22 on the upside on Thursday, eventually ending the session at $33.2, with a gain of 0.64% or 0.21 points. The heightened volatility saw the trading volume jump to 3,61,320 shares. Company has a market cap of $6,066 M.

On the company’s financial health, TransUnion reported $0.32 EPS for the quarter, beating the analyst consensus estimate by $ 0.06 according to the earnings call on Apr 26, 2016. Analyst had a consensus of $0.26. The company had revenue of $406.00 million for the quarter, compared to analysts expectations of $379.96 million. The company’s revenue was up 15.0% compared to the same quarter last year.

Many Wall Street Analysts have commented on TransUnion. Company shares were Reiterated by Barclays on Jul 27, 2016 to “Equal Weight”, Firm has raised the Price Target to $ 37 from a previous price target of $30 .Company shares were Reiterated by Stifel on Jul 27, 2016 to “Buy”, Firm has raised the Price Target to $ 39 from a previous price target of $36.50 .Company shares were Reiterated by Stifel on Jun 8, 2016 to “Buy”, Firm has raised the Price Target to $ 36.50 from a previous price target of $33 .

TransUnion formerly TransUnion Holding Company Inc. is a risk and information solutions provider to businesses and consumers. The Company manages its business in three segments: U.S. Information Services (USIS) International and Consumer Interactive. USIS segment provides consumer reports risk scores analytical services and decisioning capabilities to businesses. Its International segment includes Developed Markets which include Canada and Hong Kong and Emerging Markets which include South Africa Brazil India and other countries in the Africa Latin America and Asia Pacific regions. Consumer Interactive segment include credit reports and scores credit monitoring fraud protection and resolution and financial management. The Company’s solutions include AdSurety CreditVision Insurance Coverage Discovery and TLOxp. It has a global presence in over 30 countries across North America Africa Latin America and Asia.

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