TransUnion (TRU) EVP Sells $462,400.00 in Stock
TransUnion (NYSE:TRU) EVP John W. Blenke sold 10,000 shares of the firm’s stock in a transaction on Tuesday, August 15th. The shares were sold at an average price of $46.24, for a total value of $462,400.00. Following the sale, the executive vice president now directly owns 79,717 shares of the company’s stock, valued at $3,686,114.08. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.
Shares of TransUnion (NYSE TRU) traded down 0.92% during trading on Thursday, reaching $46.37. The company’s stock had a trading volume of 789,372 shares. TransUnion has a 12-month low of $28.92 and a 12-month high of $46.91. The company has a 50 day moving average of $45.07 and a 200-day moving average of $40.71. The stock has a market cap of $8.43 billion, a price-to-earnings ratio of 39.91 and a beta of 0.61.
TransUnion (NYSE:TRU) last posted its quarterly earnings data on Tuesday, July 25th. The business services provider reported $0.47 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.44 by $0.03. TransUnion had a return on equity of 20.32% and a net margin of 12.08%. The company had revenue of $474.80 million for the quarter, compared to analysts’ expectations of $464.77 million. During the same period in the previous year, the firm posted $0.37 EPS. TransUnion’s revenue was up 11.5% compared to the same quarter last year. Analysts forecast that TransUnion will post $1.83 EPS for the current year.
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Several hedge funds and other institutional investors have recently modified their holdings of TRU. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in TransUnion by 37.2% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,086 shares of the business services provider’s stock worth $157,000 after buying an additional 1,108 shares in the last quarter. Public Employees Retirement Association of Colorado boosted its position in TransUnion by 138.6% in the second quarter. Public Employees Retirement Association of Colorado now owns 4,009 shares of the business services provider’s stock worth $174,000 after buying an additional 2,329 shares in the last quarter. SG Americas Securities LLC acquired a new position in TransUnion during the second quarter worth approximately $212,000. Alpine Global Management LLC acquired a new position in TransUnion during the second quarter worth approximately $217,000. Finally, Schmidt P J Investment Management Inc. acquired a new position in TransUnion during the second quarter worth approximately $230,000.
Several brokerages have recently issued reports on TRU. Morgan Stanley reaffirmed an “overweight” rating and set a $50.00 target price (up from $47.00) on shares of TransUnion in a research report on Wednesday, July 26th. TheStreet upgraded TransUnion from a “c” rating to a “b-” rating in a research note on Monday, June 26th. Deutsche Bank AG reiterated a “buy” rating and set a $47.00 price target (up previously from $45.00) on shares of TransUnion in a research note on Saturday, April 29th. BidaskClub upgraded TransUnion from a “buy” rating to a “strong-buy” rating in a research note on Monday. Finally, Barclays PLC reiterated an “overweight” rating and set a $48.00 price target (up previously from $45.00) on shares of TransUnion in a research note on Friday, June 16th. One equities research analyst has rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the stock. TransUnion presently 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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