TransUnion (NYSE:TRU) EVP David M. Neenan sold 50,000 shares of the stock in a transaction that occurred on Wednesday, March 14th. The shares were sold at an average price of $58.42, for a total transaction of $2,921,000.00. Following the sale, the executive vice president now owns 99,583 shares in the company, valued at approximately $5,817,638.86. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
TransUnion (NYSE:TRU) opened at $59.20 on Friday. The firm has a market cap of $10,768.14, a P/E ratio of 25.52, a P/E/G ratio of 2.80 and a beta of 0.73. TransUnion has a 52-week low of $36.95 and a 52-week high of $61.42. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 1.29.
TransUnion (NYSE:TRU) last issued its quarterly earnings data on Tuesday, February 13th. The business services provider reported $0.50 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.45 by $0.05. TransUnion had a net margin of 22.81% and a return on equity of 20.73%. The company had revenue of $506.10 million for the quarter, compared to the consensus estimate of $487.83 million. During the same quarter in the prior year, the firm earned $0.44 earnings per share. The firm’s revenue for the quarter was up 16.1% compared to the same quarter last year. equities analysts expect that TransUnion will post 2.1 EPS for the current year.
A number of institutional investors and hedge funds have recently added to or reduced their stakes in TRU. The Manufacturers Life Insurance Company raised its position in TransUnion by 8.0% in the second quarter. The Manufacturers Life Insurance Company now owns 5,482 shares of the business services provider’s stock worth $238,000 after acquiring an additional 404 shares during the period. Raymond James Financial Services Advisors Inc. bought a new position in TransUnion in the third quarter worth approximately $268,000. Chicago Equity Partners LLC raised its position in TransUnion by 38.7% in the third quarter. Chicago Equity Partners LLC now owns 29,045 shares of the business services provider’s stock worth $1,373,000 after acquiring an additional 8,105 shares during the period. State of Wisconsin Investment Board raised its position in TransUnion by 20.2% in the third quarter. State of Wisconsin Investment Board now owns 30,551 shares of the business services provider’s stock worth $1,444,000 after acquiring an additional 5,143 shares during the period. Finally, Principal Financial Group Inc. raised its position in TransUnion by 2,441.7% in the third quarter. Principal Financial Group Inc. now owns 872,324 shares of the business services provider’s stock worth $41,225,000 after acquiring an additional 838,004 shares during the period.
TRU has been the topic of a number of recent analyst reports. Zacks Investment Research upgraded shares of TransUnion from a “hold” rating to a “buy” rating and set a $62.00 price target on the stock in a report on Friday, January 5th. Bank of America upgraded shares of TransUnion from a “neutral” rating to a “buy” rating in a report on Thursday, January 18th. Royal Bank of Canada increased their price target on shares of TransUnion to $67.00 and gave the company an “outperform” rating in a report on Friday, January 19th. Barclays restated a “buy” rating and set a $65.00 price objective on shares of TransUnion in a research report on Friday, December 15th. Finally, Morgan Stanley increased their price objective on shares of TransUnion from $54.00 to $58.00 and gave the company an “equal weight” rating in a research report on Wednesday, January 31st. One research analyst has rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of $58.64.
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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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