TransUnion (TRU) Director Siddharth N. Mehta Sells 65,000 Shares
TransUnion (NYSE:TRU) Director Siddharth N. Mehta sold 65,000 shares of TransUnion stock in a transaction that occurred on Thursday, November 2nd. The stock was sold at an average price of $52.25, for a total value of $3,396,250.00. Following the completion of the transaction, the director now directly owns 33,389 shares in the company, valued at $1,744,575.25. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.
TransUnion (NYSE TRU) traded up $0.38 during midday trading on Friday, hitting $53.86. The stock had a trading volume of 1,029,169 shares, compared to its average volume of 1,730,809. The stock has a market cap of $9,746.83, a P/E ratio of 31.62 and a beta of 0.62.
TransUnion (NYSE:TRU) last released its quarterly earnings data on Friday, October 27th. The business services provider reported $0.49 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.43 by $0.06. The firm had revenue of $498.00 million during the quarter, compared to the consensus estimate of $475.52 million. TransUnion had a return on equity of 21.37% and a net margin of 13.17%. The company’s quarterly revenue was up 13.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.38 earnings per share. equities research analysts forecast that TransUnion will post 1.71 EPS for the current year.
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Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Aperio Group LLC increased its holdings in shares of TransUnion by 2.7% during the second quarter. Aperio Group LLC now owns 12,220 shares of the business services provider’s stock valued at $529,000 after acquiring an additional 321 shares in the last quarter. The Manufacturers Life Insurance Company increased its holdings in shares of TransUnion by 8.0% during the second quarter. The Manufacturers Life Insurance Company now owns 5,482 shares of the business services provider’s stock valued at $238,000 after acquiring an additional 404 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in shares of TransUnion by 17.0% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,780 shares of the business services provider’s stock valued at $207,000 after acquiring an additional 694 shares in the last quarter. Prudential Financial Inc. increased its holdings in shares of TransUnion by 12.5% during the second quarter. Prudential Financial Inc. now owns 10,690 shares of the business services provider’s stock valued at $463,000 after acquiring an additional 1,190 shares in the last quarter. Finally, Teacher Retirement System of Texas grew its holdings in TransUnion by 18.1% during the second quarter. Teacher Retirement System of Texas now owns 10,058 shares of the business services provider’s stock worth $436,000 after buying an additional 1,543 shares in the last quarter.
TRU has been the topic of several recent analyst reports. Royal Bank Of Canada reissued a “buy” rating and issued a $57.00 price target on shares of TransUnion in a research note on Friday, October 27th. Stifel Nicolaus reissued a “buy” rating and issued a $59.00 price target (up from $50.00) on shares of TransUnion in a research note on Sunday, October 29th. Morgan Stanley lowered TransUnion from an “overweight” rating to an “equal weight” rating and set a $54.00 price target on the stock. in a research note on Monday. SunTrust Banks, Inc. boosted their price target on TransUnion to $64.00 and gave the company a “buy” rating in a research note on Monday. Finally, J P Morgan Chase & Co boosted their price target on TransUnion from $54.00 to $60.00 and gave the company an “overweight” rating in a research note on Monday. Two investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of $55.00.
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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