TransUnion Target of Unusually Large Options Trading (TRU)
TransUnion (NYSE:TRU) was the recipient of unusually large options trading on Wednesday. Stock investors purchased 1,267 put options on the stock. This represents an increase of 1,524% compared to the typical volume of 78 put options.
Several research analysts recently issued reports on TRU shares. Deutsche Bank restated a “buy” rating on shares of TransUnion in a research report on Friday, September 8th. SunTrust Banks lifted their price objective on TransUnion to $64.00 and gave the stock a “buy” rating in a research report on Monday, October 30th. Zacks Investment Research upgraded TransUnion from a “hold” rating to a “buy” rating and set a $52.00 price objective for the company in a research report on Wednesday, August 23rd. Stifel Nicolaus reiterated a “buy” rating and issued a $59.00 price target (up from $50.00) on shares of TransUnion in a report on Sunday, October 29th. Finally, Barclays boosted their price target on TransUnion from $50.00 to $55.00 and gave the company an “overweight” rating in a report on Monday, October 30th. One equities research analyst has rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $55.00.
In related news, CEO James M. Peck sold 18,106 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 transaction of $946,038.50. Following the completion of the transaction, the chief executive officer now directly owns 202,343 shares in the company, valued at approximately $10,572,421.75. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Christopher A. Cartwright sold 234,565 shares of TransUnion stock in a transaction that occurred on Tuesday, November 21st. The stock was sold at an average price of $55.05, for a total value of $12,912,803.25. Following the transaction, the executive vice president now owns 105,917 shares of the company’s stock, valued at $5,830,730.85. The disclosure for this sale can be found here. Insiders have sold a total of 4,256,366 shares of company stock valued at $222,165,192 over the last 90 days. Insiders own 2.10% of the company’s stock.
TransUnion (NYSE:TRU) opened at $55.61 on Friday. The company has a quick ratio of 1.84, a current ratio of 1.84 and a debt-to-equity ratio of 1.51. The firm has a market capitalization of $10,042.30, a price-to-earnings ratio of 32.58, a price-to-earnings-growth ratio of 3.23 and a beta of 0.64. TransUnion has a twelve month low of $30.39 and a twelve month high of $56.44.
TransUnion (NYSE:TRU) last issued its quarterly earnings results on Friday, October 27th. The business services provider reported $0.49 earnings per share for the quarter, beating the Thomson Reuters’ 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 return on equity of 21.37% and a net margin of 13.17%. TransUnion’s revenue was up 13.8% on a year-over-year basis. During the same period in the previous year, the firm posted $0.38 EPS. equities research analysts anticipate that TransUnion will post 1.71 earnings per share for the current fiscal year.
COPYRIGHT VIOLATION NOTICE: “TransUnion Target of Unusually Large Options Trading (TRU)” was originally published by American Banking News and is the sole property of of American Banking News. If you are viewing this story on another publication, it was illegally copied and republished in violation of US & international trademark & copyright law. The original version of this story can be read at https://www.americanbankingnews.com/2017/12/09/transunion-target-of-unusually-large-options-trading-tru.html.
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.