Several other research firms also recently weighed in on TRU. Zacks Investment Research downgraded TransUnion from a buy rating to a hold rating in a research report on Monday, August 28th. SunTrust Banks, Inc. reaffirmed a buy rating and issued a $56.00 target price on shares of TransUnion in a research report on Friday, October 13th. Deutsche Bank AG reaffirmed a buy rating and issued a $55.00 target price (up from $50.00) on shares of TransUnion in a research report on Tuesday, October 24th. Cowen and Company reaffirmed a buy rating and issued a $48.00 target price on shares of TransUnion in a research report on Thursday, October 12th. Finally, Barclays PLC reaffirmed an overweight rating and issued a $50.00 target price (up from $48.00) on shares of TransUnion in a research report on Thursday, September 14th. One equities research analyst has rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the stock. The company presently has an average rating of Buy and a consensus price target of $55.00.
TransUnion (NYSE TRU) traded up $0.97 during midday trading on Friday, reaching $55.29. The company’s stock had a trading volume of 1,880,000 shares, compared to its average volume of 1,560,000. The firm has a market cap of $10,270.00 and a P/E ratio of 32.23. The company has a debt-to-equity ratio of 1.51, a quick ratio of 1.84 and a current ratio of 1.84. TransUnion has a 52 week low of $28.92 and a 52 week high of $55.75.
TransUnion (NYSE:TRU) last released its earnings results on Friday, October 27th. The business services provider reported $0.49 earnings per share for the quarter, beating the consensus estimate of $0.43 by $0.06. The company had revenue of $498.00 million during the quarter, compared to the consensus estimate of $475.52 million. TransUnion had a return on equity of 21.37% and a net margin of 13.17%. TransUnion’s revenue was up 13.8% compared to the same quarter last year. During the same period in the previous year, the company posted $0.38 EPS. sell-side analysts anticipate that TransUnion will post 1.71 EPS for the current fiscal year.
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In other news, CEO James M. Peck sold 18,106 shares of TransUnion stock in a transaction dated Thursday, November 2nd. The stock was sold at an average price of $52.25, for a total value of $946,038.50. Following the completion of the transaction, the chief executive officer now owns 202,343 shares in the company, valued at approximately $10,572,421.75. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, major shareholder Goldman Sachs Group Inc sold 3,698,137 shares of TransUnion stock in a transaction dated Thursday, November 2nd. The shares were sold at an average price of $52.25, for a total value of $193,227,658.25. The disclosure for this sale can be found here. Insiders sold a total of 3,929,969 shares of company stock valued at $203,172,863 in the last quarter. Company insiders own 2.10% of the company’s stock.
Institutional investors and hedge funds have recently made changes to their positions in the company. California State Teachers Retirement System boosted its stake in shares of TransUnion by 116.1% in the 2nd quarter. California State Teachers Retirement System now owns 227,221 shares of the business services provider’s stock valued at $9,841,000 after buying an additional 122,093 shares during the period. State of Wisconsin Investment Board lifted its stake in TransUnion by 141.8% during the second quarter. State of Wisconsin Investment Board now owns 25,408 shares of the business services provider’s stock worth $1,100,000 after purchasing an additional 14,900 shares during the last quarter. Eagle Asset Management Inc. purchased a new stake in TransUnion during the second quarter worth approximately $41,015,000. Sumitomo Mitsui Trust Holdings Inc. lifted its stake in TransUnion by 1,297.5% during the second quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 164,900 shares of the business services provider’s stock worth $7,142,000 after purchasing an additional 153,100 shares during the last quarter. Finally, Federated Investors Inc. PA lifted its stake in TransUnion by 46.9% during the second quarter. Federated Investors Inc. PA now owns 187,584 shares of the business services provider’s stock worth $8,124,000 after purchasing an additional 59,853 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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