TransUnion (TRU) Insider Sells $8,774,193.12 in Stock

TransUnion (NYSE:TRU) insider James M. Peck sold 141,428 shares of the company’s stock in a transaction on Friday, October 26th. The shares were sold at an average price of $62.04, for a total value of $8,774,193.12. Following the completion of the transaction, the insider now owns 381,627 shares of the company’s stock, valued at $23,676,139.08. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Shares of NYSE:TRU opened at $65.75 on Thursday. TransUnion has a fifty-two week low of $51.62 and a fifty-two week high of $79.48. The firm has a market capitalization of $11.41 billion, a price-to-earnings ratio of 38.43, a P/E/G ratio of 3.46 and a beta of 0.69. The company has a current ratio of 1.62, a quick ratio of 1.62 and a debt-to-equity ratio of 2.07.

TransUnion (NYSE:TRU) last announced its quarterly earnings results on Tuesday, October 23rd. The business services provider reported $0.65 earnings per share for the quarter, beating analysts’ consensus estimates of $0.63 by $0.02. TransUnion had a return on equity of 21.22% and a net margin of 18.98%. The firm had revenue of $603.60 million for the quarter, compared to analysts’ expectations of $617.92 million. During the same period in the prior year, the business posted $0.49 earnings per share. The business’s revenue was up 21.2% compared to the same quarter last year. As a group, research analysts predict that TransUnion will post 2.24 EPS for the current fiscal year.

A number of brokerages recently commented on TRU. Bank of America upped their target price on TransUnion from $76.00 to $80.00 and gave the company a “buy” rating in a research note on Wednesday, July 25th. Atlantic Securities upgraded TransUnion from a “neutral” rating to an “overweight” rating and set a $82.00 target price for the company in a research note on Wednesday, October 24th. Barclays upped their target price on TransUnion from $75.00 to $85.00 and gave the company an “overweight” rating in a research note on Thursday, July 12th. JPMorgan Chase & Co. cut their target price on TransUnion from $88.00 to $84.00 and set an “overweight” rating for the company in a research note on Wednesday, October 24th. Finally, Morgan Stanley set a $72.00 target price on TransUnion and gave the company a “hold” rating in a research note on Monday, October 15th. Three investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. TransUnion presently has an average rating of “Buy” and a consensus price target of $78.54.

A number of large investors have recently made changes to their positions in TRU. Massachusetts Financial Services Co. MA grew its position in TransUnion by 233.7% in the second quarter. Massachusetts Financial Services Co. MA now owns 2,859,038 shares of the business services provider’s stock valued at $204,821,000 after acquiring an additional 2,002,196 shares during the period. FMR LLC grew its holdings in shares of TransUnion by 14.3% during the second quarter. FMR LLC now owns 9,409,480 shares of the business services provider’s stock worth $674,095,000 after purchasing an additional 1,179,299 shares during the last quarter. Millennium Management LLC grew its holdings in shares of TransUnion by 2,426.1% during the second quarter. Millennium Management LLC now owns 741,506 shares of the business services provider’s stock worth $53,121,000 after purchasing an additional 712,152 shares during the last quarter. BlackRock Inc. grew its holdings in shares of TransUnion by 8.2% during the second quarter. BlackRock Inc. now owns 8,966,974 shares of the business services provider’s stock worth $642,394,000 after purchasing an additional 680,817 shares during the last quarter. Finally, Investec Asset Management LTD grew its holdings in shares of TransUnion by 44.0% during the second quarter. Investec Asset Management LTD now owns 2,126,235 shares of the business services provider’s stock worth $152,323,000 after purchasing an additional 650,036 shares during the last quarter. Hedge funds and other institutional investors own 98.12% of the company’s stock.

About TransUnion

TransUnion provides risk and information solutions. The company operates in three segments: U.S. Information Services (USIS), International, and Consumer Interactive. The USIS segment provides consumer reports, risk scores, and analytical and decisioning services for businesses. These businesses use its services to acquire new customers; assess consumer ability to pay for services; identify cross-selling opportunities; measure and manage debt portfolio risk; collect debt; verify consumer identities; and investigate potential fraud.

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Insider Buying and Selling by Quarter for TransUnion (NYSE:TRU)

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