TransUnion (TRU) EVP Sells $1,140,000.00 in Stock
TransUnion (NYSE:TRU) EVP John W. Blenke sold 25,000 shares of the stock in a transaction that occurred on Friday, August 4th. The stock was sold at an average price of $45.60, for a total value of $1,140,000.00. Following the completion of the sale, the executive vice president now owns 89,717 shares in the company, valued at $4,091,095.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Shares of TransUnion (TRU) traded down 0.490% on Wednesday, reaching $45.735. The company had a trading volume of 92,014 shares. TransUnion has a 1-year low of $28.92 and a 1-year high of $46.53. The stock has a market capitalization of $8.32 billion, a P/E ratio of 39.359 and a beta of 0.61. The company’s 50 day moving average price is $44.58 and its 200-day moving average price is $39.86.
TransUnion (NYSE:TRU) last released its quarterly earnings data on Tuesday, July 25th. The business services provider reported $0.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.44 by $0.03. TransUnion had a net margin of 12.08% and a return on equity of 20.32%. The company had revenue of $474.80 million during the quarter, compared to the consensus estimate of $464.77 million. During the same quarter in the prior year, the firm posted $0.37 earnings per share. TransUnion’s revenue for the quarter was up 11.5% on a year-over-year basis. Equities analysts predict that TransUnion will post $1.83 EPS for the current year.
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A number of institutional investors have recently added to or reduced their stakes in TRU. Swiss National Bank increased its position in TransUnion by 16.7% in the second quarter. Swiss National Bank now owns 209,484 shares of the business services provider’s stock valued at $9,073,000 after buying an additional 30,000 shares in the last quarter. Eagle Asset Management Inc. bought a new position in TransUnion during the second quarter valued at about $41,015,000. Principal Financial Group Inc. increased its position in TransUnion by 260.4% in the second quarter. Principal Financial Group Inc. now owns 34,320 shares of the business services provider’s stock valued at $1,487,000 after buying an additional 24,798 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its position in TransUnion by 17.0% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,780 shares of the business services provider’s stock valued at $207,000 after buying an additional 694 shares in the last quarter. Finally, Pacer Advisors Inc. increased its position in TransUnion by 26.9% in the second quarter. Pacer Advisors Inc. now owns 18,724 shares of the business services provider’s stock valued at $811,000 after buying an additional 3,972 shares in the last quarter.
Several brokerages have recently weighed in on TRU. Cowen and Company reiterated a “buy” rating and issued a $48.00 price target on shares of TransUnion in a report on Friday, July 28th. Zacks Investment Research upgraded TransUnion from a “hold” rating to a “buy” rating and set a $51.00 price target on the stock in a report on Thursday, July 27th. Barclays PLC reiterated a “buy” rating and issued a $45.00 price target on shares of TransUnion in a report on Thursday, April 27th. Morgan Stanley reiterated an “overweight” rating and issued a $47.00 price target (up from $45.00) on shares of TransUnion in a report on Tuesday, July 18th. Finally, Royal Bank Of Canada reiterated a “buy” rating and issued a $45.00 price target on shares of TransUnion in a report on Wednesday, April 26th. One investment analyst has rated the stock with a hold rating and seven have issued a buy rating to the company. The company currently has an average rating of “Buy” and an average target price of $46.75.
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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