TransUnion (TRU) EVP John W. Blenke Sells 20,000 Shares
TransUnion (NYSE:TRU) EVP John W. Blenke sold 20,000 shares of the company’s stock in a transaction that occurred on Thursday, November 2nd. The shares were sold at an average price of $52.25, for a total value of $1,045,000.00. Following the completion of the transaction, the executive vice president now owns 59,717 shares in the company, valued at $3,120,213.25. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
TransUnion (NYSE TRU) traded up $0.38 during trading hours on Friday, reaching $53.86. The company had a trading volume of 1,029,169 shares, compared to its average volume of 1,730,809. The stock has a market capitalization of $9,746.83, a PE ratio of 31.62 and a beta of 0.62.
TransUnion (NYSE:TRU) last posted its earnings results on Friday, October 27th. The business services provider reported $0.49 EPS for the quarter, beating the consensus estimate of $0.43 by $0.06. The firm had revenue of $498.00 million for the quarter, compared to analyst estimates of $475.52 million. TransUnion had a return on equity of 21.37% and a net margin of 13.17%. TransUnion’s revenue for the quarter was up 13.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.38 earnings per share. equities research analysts predict that TransUnion will post 1.71 EPS for the current year.
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A number of research analysts have commented on the company. Zacks Investment Research cut TransUnion from a “buy” rating to a “hold” rating in a research note on Wednesday, September 6th. J P Morgan Chase & Co upped their price target on TransUnion from $54.00 to $60.00 and gave the stock an “overweight” rating in a research note on Monday. Cowen and Company restated a “buy” rating and set a $48.00 price target on shares of TransUnion in a research note on Friday, July 28th. Royal Bank Of Canada restated a “buy” rating and set a $57.00 price target on shares of TransUnion in a research note on Friday, October 27th. Finally, Morgan Stanley cut 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. Two research 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 stock. TransUnion currently has an average rating of “Buy” and a consensus target price of $55.00.
Several hedge funds have recently modified their holdings of TRU. BlackRock Inc. grew its holdings in shares of TransUnion by 6,627.6% during the first quarter. BlackRock Inc. now owns 3,246,883 shares of the business services provider’s stock worth $124,517,000 after purchasing an additional 3,198,621 shares during the last quarter. Atlanta Capital Management Co. L L C grew its holdings in shares of TransUnion by 43.6% during the second quarter. Atlanta Capital Management Co. L L C now owns 8,359,334 shares of the business services provider’s stock worth $362,043,000 after purchasing an additional 2,536,898 shares during the last quarter. Egerton Capital UK LLP grew its holdings in shares of TransUnion by 114.8% during the third quarter. Egerton Capital UK LLP now owns 4,574,259 shares of the business services provider’s stock worth $216,179,000 after purchasing an additional 2,444,617 shares during the last quarter. FMR LLC grew its holdings in shares of TransUnion by 25.8% during the second quarter. FMR LLC now owns 7,589,877 shares of the business services provider’s stock worth $328,718,000 after purchasing an additional 1,557,572 shares during the last quarter. Finally, Vanguard Group Inc. grew its holdings in shares of TransUnion by 17.6% during the second quarter. Vanguard Group Inc. now owns 9,731,758 shares of the business services provider’s stock worth $421,483,000 after purchasing an additional 1,458,148 shares during the last quarter.
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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