Traders Purchase Large Volume of Call Options on TransUnion (TRU)
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.
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.
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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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