TransUnion (NYSE:TRU) was the target of some unusual options trading activity on Friday. Investors acquired 1,090 call options on the company. This represents an increase of Infinity compared to the average daily volume of 0 call options.

TRU has been the subject of several analyst reports. Royal Bank Of Canada restated a “buy” rating and issued a $57.00 price objective on shares of TransUnion in a research note on Friday, October 27th. Zacks Investment Research upgraded TransUnion from a “hold” rating to a “buy” rating and set a $54.00 price objective for the company in a research note on Thursday, September 7th. Cowen and Company restated a “buy” rating and issued a $48.00 price objective on shares of TransUnion in a research note on Thursday, September 7th. SunTrust Banks, Inc. initiated coverage on TransUnion in a research note on Tuesday, September 5th. They issued a “buy” rating and a $54.00 price objective for the company. Finally, Deutsche Bank AG restated a “buy” rating on shares of TransUnion in a research note on Friday, September 8th. One investment analyst has rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $55.00.

In other news, insider James M. Peck sold 39,229 shares of the company’s stock in a transaction on Friday, September 1st. The stock was sold at an average price of $47.83, for a total value of $1,876,323.07. Following the completion of the sale, the insider now directly owns 202,343 shares in the company, valued at approximately $9,678,065.69. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, major shareholder Goldman Sachs Group Inc sold 3,698,137 shares of the company’s stock in a transaction on Thursday, November 2nd. The stock was sold at an average price of $52.25, for a total value of $193,227,658.25. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 3,929,969 shares of company stock valued at $203,172,863. Company insiders own 2.10% of the company’s stock.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Aperio Group LLC boosted its holdings in shares of TransUnion by 2.7% during the 2nd quarter. Aperio Group LLC now owns 12,220 shares of the business services provider’s stock valued at $529,000 after purchasing an additional 321 shares during the last quarter. The Manufacturers Life Insurance Company boosted its holdings in shares of TransUnion by 8.0% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 5,482 shares of the business services provider’s stock valued at $238,000 after purchasing an additional 404 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in shares of TransUnion by 17.0% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,780 shares of the business services provider’s stock valued at $207,000 after purchasing an additional 694 shares during the last quarter. Prudential Financial Inc. boosted its holdings in shares of TransUnion by 12.5% during the 2nd quarter. Prudential Financial Inc. now owns 10,690 shares of the business services provider’s stock valued at $463,000 after purchasing an additional 1,190 shares during the last quarter. Finally, Teacher Retirement System of Texas boosted its holdings in shares of TransUnion by 18.1% during the 2nd quarter. Teacher Retirement System of Texas now owns 10,058 shares of the business services provider’s stock valued at $436,000 after purchasing an additional 1,543 shares during the last quarter.

TransUnion (TRU) opened at $55.29 on Monday. The firm has a market cap of $10,084.25, a price-to-earnings ratio of 32.72, a P/E/G ratio of 3.24 and a beta of 0.62. The company has a quick ratio of 1.84, a current ratio of 1.84 and a debt-to-equity ratio of 1.51. TransUnion has a 1-year low of $28.92 and a 1-year high of $55.75.

TransUnion (NYSE:TRU) last issued its earnings results on Friday, October 27th. The business services provider reported $0.49 earnings per share for the quarter, topping the consensus estimate of $0.43 by $0.06. The company had revenue of $498.00 million during the quarter, compared to the consensus estimate of $475.52 million. TransUnion had a net margin of 13.17% and a return on equity of 21.37%. TransUnion’s quarterly revenue was up 13.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.38 EPS. analysts expect that TransUnion will post 1.71 earnings per share for the current fiscal year.

ILLEGAL ACTIVITY WARNING: This report was published by American Banking News and is owned by of American Banking News. If you are reading this report on another publication, it was illegally copied and republished in violation of United States and international trademark & copyright legislation. The legal version of this report can be viewed at https://www.americanbankingnews.com/2017/11/20/traders-purchase-large-volume-of-call-options-on-transunion-tru.html.

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.

Receive News & Ratings for TransUnion Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TransUnion and related companies with MarketBeat.com's FREE daily email newsletter.