Advent International Corpma Lowers stake in TransUnion (TRU)

TransUnion (TRU) : Advent International Corpma reduced its stake in TransUnion by 17.43% during the most recent quarter end. The investment management company now holds a total of 37,457,759 shares of TransUnion which is valued at $1,118,114,106 after selling 7,906,000 shares in TransUnion , the firm said in a disclosure report filed with the SEC on Nov 14, 2016.TransUnion makes up approximately 21.97% of Advent International Corpma’s portfolio.

Other Hedge Funds, Including , Junto Capital Management Lp boosted its stake in TRU in the latest quarter, The investment management firm added 661,856 additional shares and now holds a total of 1,891,643 shares of TransUnion which is valued at $56,465,544. TransUnion makes up approx 7.44% of Junto Capital Management Lp’s portfolio.California State Teachers Retirement System boosted its stake in TRU in the latest quarter, The investment management firm added 900 additional shares and now holds a total of 113,028 shares of TransUnion which is valued at $3,503,868. TransUnion makes up approx 0.01% of California State Teachers Retirement System’s portfolio.Tiaa Cref Investment Management boosted its stake in TRU in the latest quarter, The investment management firm added 172,180 additional shares and now holds a total of 441,123 shares of TransUnion which is valued at $14,049,768. TransUnion makes up approx 0.01% of Tiaa Cref Investment Management’s portfolio.Her Majesty The Queen In Right Of The Province Of Alberta… boosted its stake in TRU in the latest quarter, The investment management firm added 11,600 additional shares and now holds a total of 86,750 shares of TransUnion which is valued at $2,670,165. TransUnion makes up approx 0.03% of Her Majesty The Queen In Right Of The Province Of Alberta…’s portfolio.Public Employees Retirement Association Of Colorado boosted its stake in TRU in the latest quarter, The investment management firm added 7 additional shares and now holds a total of 1,707 shares of TransUnion which is valued at $52,541.

TransUnion closed down -0.23 points or -0.74% at $31.05 with 7,82,866 shares getting traded on Monday. Post opening the session at $31.28, the shares hit an intraday low of $30.94 and an intraday high of $31.49 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

On the company’s financial health, TransUnion reported $0.38 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on Oct 25, 2016. Analyst had a consensus of $0.36. The company had revenue of $437.60 million for the quarter, compared to analysts expectations of $424.72 million. The company’s revenue was up 12.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.30 EPS.

Many Wall Street Analysts have commented on TransUnion. Company shares were Reiterated by Deutsche Bank on Oct 26, 2016 to “Buy”, Firm has raised the Price Target to $ 38 from a previous price target of $37 .Barclays Upgraded TransUnion on Sep 21, 2016 to ” Overweight”, Price Target of the shares are set at $37.

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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