Short Interest in TransUnion (TRU) Grows By 47.0%

TransUnion (NYSE:TRU) was the recipient of a large increase in short interest in the month of February. As of February 28th, there was short interest totalling 2,885,861 shares, an increase of 47.0% from the February 15th total of 1,963,078 shares. Approximately 2.7% of the shares of the stock are short sold. Based on an average daily trading volume, of 881,910 shares, the short-interest ratio is currently 3.3 days.

Shares of TRU traded down $0.89 during midday trading on Friday, hitting $56.18. The stock had a trading volume of 881,670 shares, compared to its average volume of 1,369,852. TransUnion has a fifty-two week low of $37.83 and a fifty-two week high of $61.42. The stock has a market cap of $10,314.65, a price-to-earnings ratio of 32.85, a PEG ratio of 2.68 and a beta of 0.74. The company has a debt-to-equity ratio of 1.29, a current ratio of 1.28 and a quick ratio of 1.28.

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TransUnion (NYSE:TRU) last announced its earnings results on Tuesday, February 13th. The business services provider reported $0.50 EPS for the quarter, topping the 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 during the quarter, compared to analysts’ expectations of $487.83 million. During the same period last year, the company posted $0.44 earnings per share. The business’s revenue for the quarter was up 16.1% on a year-over-year basis. analysts anticipate that TransUnion will post 2.1 earnings per share for the current year.

In other TransUnion news, EVP David M. Neenan sold 50,000 shares of the firm’s stock in a transaction dated 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 transaction, the executive vice president now owns 99,583 shares of the company’s stock, valued at approximately $5,817,638.86. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CAO Timothy Elberfeld sold 1,450 shares of the firm’s stock in a transaction dated Thursday, March 1st. The shares were sold at an average price of $56.92, for a total transaction of $82,534.00. The disclosure for this sale can be found here. In the last three months, insiders have sold 174,345 shares of company stock worth $10,156,056. 2.10% of the stock is owned by corporate insiders.

Hedge funds have recently bought and sold shares of the stock. Strs Ohio acquired a new stake in shares of TransUnion during the fourth quarter worth approximately $107,000. Valeo Financial Advisors LLC acquired a new stake in shares of TransUnion during the fourth quarter worth approximately $113,000. LS Investment Advisors LLC acquired a new stake in shares of TransUnion during the fourth quarter worth approximately $131,000. Robeco Institutional Asset Management B.V. acquired a new stake in shares of TransUnion during the fourth quarter worth approximately $136,000. Finally, Livforsakringsbolaget Skandia Omsesidigt acquired a new stake in shares of TransUnion during the fourth quarter worth approximately $137,000.

Several equities analysts have recently weighed in on TRU shares. Zacks Investment Research lowered shares of TransUnion from a “buy” rating to a “hold” rating in a research report on Tuesday, January 2nd. Bank of America upgraded shares of TransUnion from a “neutral” rating to a “buy” rating in a research report on Thursday, January 18th. Barclays restated a “buy” rating and set a $65.00 price objective on shares of TransUnion in a research report on Friday, December 15th. Morgan Stanley raised 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. Finally, Robert W. Baird restated a “buy” rating and set a $62.00 price objective on shares of TransUnion in a research report on Tuesday, January 9th. One equities research analyst has rated the stock with a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the stock. TransUnion presently has a consensus rating of “Buy” and a consensus price target of $60.30.

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About TransUnion

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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