TransUnion (NYSE:TRU) EVP David M. Neenan sold 15,000 shares of the stock in a transaction that occurred on Friday, July 26th. The stock was sold at an average price of $84.10, for a total value of $1,261,500.00. Following the sale, the executive vice president now directly owns 149,763 shares of the company’s stock, valued at $12,595,068.30. The transaction was disclosed in a filing with the SEC, which is accessible through this link.
Shares of TRU traded up $1.44 during mid-day trading on Friday, hitting $82.27. 779,383 shares of the company’s stock were exchanged, compared to its average volume of 1,350,335. The company has a market cap of $15.42 billion, a PE ratio of 35.61, a P/E/G ratio of 3.33 and a beta of 1.00. TransUnion has a 52 week low of $52.15 and a 52 week high of $84.71. The company has a 50-day simple moving average of $78.48 and a 200 day simple moving average of $69.59. The company has a debt-to-equity ratio of 1.82, a current ratio of 1.51 and a quick ratio of 1.51.
TransUnion (NYSE:TRU) last issued its quarterly earnings results on Tuesday, July 23rd. The business services provider reported $0.66 earnings per share for the quarter, topping the consensus estimate of $0.58 by $0.08. The company had revenue of $661.90 million during the quarter, compared to analysts’ expectations of $644.73 million. TransUnion had a net margin of 12.84% and a return on equity of 22.94%. The business’s quarterly revenue was up 17.5% on a year-over-year basis. During the same period last year, the business earned $0.62 EPS. On average, analysts anticipate that TransUnion will post 2.47 earnings per share for the current year.
A number of research firms recently issued reports on TRU. Zacks Investment Research raised TransUnion from a “hold” rating to a “buy” rating and set a $89.00 target price for the company in a research note on Monday, July 29th. Morgan Stanley raised their price target on shares of TransUnion from $82.00 to $83.00 and gave the stock an “equal weight” rating in a research note on Wednesday, July 24th. ValuEngine raised shares of TransUnion from a “hold” rating to a “buy” rating in a research note on Tuesday, June 11th. Atlantic Securities cut shares of TransUnion from an “overweight” rating to a “neutral” rating in a research note on Tuesday, July 30th. Finally, SunTrust Banks reaffirmed a “positive” rating and set a $90.00 price target on shares of TransUnion in a research note on Wednesday, July 24th. They noted that the move was a valuation call. Five research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of $79.42.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. CSat Investment Advisory L.P. acquired a new stake in shares of TransUnion in the 2nd quarter valued at approximately $30,000. Cullen Frost Bankers Inc. boosted its holdings in shares of TransUnion by 222.9% in the 2nd quarter. Cullen Frost Bankers Inc. now owns 678 shares of the business services provider’s stock valued at $50,000 after buying an additional 468 shares during the last quarter. CENTRAL TRUST Co acquired a new stake in shares of TransUnion in the 2nd quarter valued at approximately $54,000. Harel Insurance Investments & Financial Services Ltd. acquired a new stake in shares of TransUnion in the 1st quarter valued at approximately $80,000. Finally, Canada Pension Plan Investment Board boosted its holdings in shares of TransUnion by 3,276.7% in the 2nd quarter. Canada Pension Plan Investment Board now owns 1,452 shares of the business services provider’s stock valued at $107,000 after buying an additional 1,409 shares during the last quarter.
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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