Monashee Investment Management adds TransUnion (TRU) to its portfolio

TransUnion (TRU) : Monashee Investment Management added new position in TransUnion during the most recent quarter end. The investment management firm now holds 145,000 shares of TransUnion which is valued at $4.5 Million , the company said in a statement filed on May 13, 2016 with the SEC.TransUnion makes up approximately 7.86% of Monashee Investment Management’s portfolio.

Other Hedge Funds, Including , Vaughan Nelson Investment Management reduced its stake in TRU by selling 556,500 shares or 21.9% in the most recent quarter. The Hedge Fund company now holds 1,984,950 shares of TRU which is valued at $61.8 Million. TransUnion makes up approx 0.79% of Vaughan Nelson Investment Management’s portfolio. Great Lakes Advisors added TRU to its portfolio by purchasing 44,482 company shares during the most recent quarter which is valued at $1.4 Million. TransUnion makes up approx 0.04% of Great Lakes Advisors’s portfolio.Schwab Charles Investment Management Inc boosted its stake in TRU in the latest quarter, The investment management firm added 62,556 additional shares and now holds a total of 143,477 shares of TransUnion which is valued at $4.4 Million. TransUnion makes up approx 0.01% of Schwab Charles Investment Management Inc’s portfolio.State Of Wisconsin Investment Board reduced its stake in TRU by selling 1,060 shares or 4.49% in the most recent quarter. The Hedge Fund company now holds 22,530 shares of TRU which is valued at $684,011.Aperio Group boosted its stake in TRU in the latest quarter, The investment management firm added 10,979 additional shares and now holds a total of 21,228 shares of TransUnion which is valued at $635,779. TransUnion makes up approx 0.01% of Aperio Group’s portfolio.

TransUnion opened for trading at $32.74 and hit $32.86 on the upside on Wednesday, eventually ending the session at $32.75, with a gain of 0.89% or 0.29 points. The heightened volatility saw the trading volume jump to 7,34,969 shares. Company has a market cap of $5,976 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. Robert W. Baird Initiated TransUnion on May 26, 2016 to “Outperform”, Price Target of the shares are set at $36.Company shares were Reiterated by RBC Capital Mkts on Apr 27, 2016 to “Outperform”, Firm has raised the Price Target to $ 32 from a previous price target of $30 .Company shares were Reiterated by RBC Capital Mkts on Apr 26, 2016 to “Outperform”, Firm has raised the Price Target to $ 30 from a previous price target of $29 .

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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