TransUnion (NYSE:TRU) – William Blair upped their Q3 2017 earnings per share estimates for shares of TransUnion in a report issued on Tuesday. William Blair analyst T. Mchugh now anticipates that the business services provider will earn $0.43 per share for the quarter, up from their prior forecast of $0.42. William Blair also issued estimates for TransUnion’s FY2017 earnings at $1.68 EPS and FY2018 earnings at $1.90 EPS.
Other analysts also recently issued research reports about the stock. TheStreet raised shares of TransUnion from a “c” rating to a “b-” rating in a research report on Monday, June 26th. Cowen and Company reaffirmed a “buy” rating and set a $48.00 price objective on shares of TransUnion in a research report on Friday, July 28th. Zacks Investment Research raised shares of TransUnion from a “hold” rating to a “buy” rating and set a $51.00 price objective for the company in a research report on Thursday, July 27th. SunTrust Banks, Inc. started coverage on shares of TransUnion in a research report on Tuesday, September 5th. They set a “buy” rating and a $54.00 price objective for the company. Finally, Deutsche Bank AG reaffirmed a “buy” rating on shares of TransUnion in a research report on Friday, September 8th. One investment analyst has rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $48.33.
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TransUnion (NYSE:TRU) opened at 49.70 on Wednesday. TransUnion has a 12-month low of $28.92 and a 12-month high of $50.15. The stock has a 50 day moving average of $46.46 and a 200 day moving average of $46.46. The firm has a market cap of $9.04 billion, a PE ratio of 42.77 and a beta of 0.58.
TransUnion (NYSE:TRU) last released its quarterly earnings results on Tuesday, July 25th. The business services provider reported $0.47 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.44 by $0.03. The company had revenue of $474.80 million during the quarter, compared to analysts’ expectations of $464.77 million. TransUnion had a net margin of 12.08% and a return on equity of 20.32%. The business’s quarterly revenue was up 11.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.37 earnings per share.
In other TransUnion news, insider James M. Peck sold 75,658 shares of TransUnion stock in a transaction on Friday, July 28th. The shares were sold at an average price of $45.46, for a total transaction of $3,439,412.68. Following the transaction, the insider now directly owns 276,284 shares of the company’s stock, valued at approximately $12,559,870.64. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Timothy Elberfeld sold 902 shares of TransUnion stock in a transaction on Friday, July 28th. The stock was sold at an average price of $45.43, for a total transaction of $40,977.86. Following the transaction, the chief accounting officer now directly owns 15,423 shares in the company, valued at $700,666.89. The disclosure for this sale can be found here. In the last three months, insiders sold 14,108,242 shares of company stock valued at $643,363,096. 2.10% of the stock is currently owned by insiders.
Institutional investors and hedge funds have recently bought and sold shares of the business. State of Wisconsin Investment Board boosted its holdings in TransUnion by 141.8% during the 2nd quarter. State of Wisconsin Investment Board now owns 25,408 shares of the business services provider’s stock worth $1,100,000 after acquiring an additional 14,900 shares during the last quarter. Morgan Stanley boosted its holdings in TransUnion by 1,433.7% during the 1st quarter. Morgan Stanley now owns 769,615 shares of the business services provider’s stock worth $29,514,000 after acquiring an additional 719,436 shares during the last quarter. Eagle Asset Management Inc. purchased a new position in TransUnion during the 2nd quarter worth $41,015,000. Sumitomo Mitsui Trust Holdings Inc. boosted its holdings in TransUnion by 1,297.5% during the 2nd quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 164,900 shares of the business services provider’s stock worth $7,142,000 after acquiring an additional 153,100 shares during the last quarter. Finally, Caldera Capital LLC boosted its holdings in TransUnion by 78.1% during the 1st quarter. Caldera Capital LLC now owns 283,399 shares of the business services provider’s stock worth $10,868,000 after acquiring an additional 124,291 shares during the last quarter.
TransUnion Company Profile
TransUnion is a risk and information solutions provider to businesses and consumers. The Company provides consumer reports, risk scores, analytical services and decision capabilities to businesses. The Company operates through three segments: U.S. Information Services (USIS), International and Consumer Interactive.
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