TransUnion (TRU) Sees Large Drop in Short Interest

TransUnion (NYSE:TRU) was the target of a large decrease in short interest in the month of January. As of January 31st, there was short interest totalling 1,408,414 shares, a decrease of 43.5% from the January 12th total of 2,492,354 shares. Approximately 0.8% of the company’s shares are short sold. Based on an average trading volume of 939,415 shares, the short-interest ratio is currently 1.5 days.

Shares of TransUnion (NYSE TRU) opened at $55.82 on Thursday. The stock has a market cap of $10,600.41, a P/E ratio of 42.94, a P/E/G ratio of 2.99 and a beta of 0.67. TransUnion has a 1 year low of $36.08 and a 1 year high of $61.42. The company has a current ratio of 1.84, a quick ratio of 1.84 and a debt-to-equity ratio of 1.51.

TransUnion (NYSE:TRU) last posted its earnings results on Tuesday, February 13th. The business services provider reported $0.50 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.45 by $0.05. The firm had revenue of $506.10 million during the quarter, compared to the consensus estimate of $487.83 million. TransUnion had a net margin of 13.17% and a return on equity of 21.37%. The company’s revenue was up 16.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.44 EPS. analysts expect that TransUnion will post 1.71 earnings per share for the current year.

TRU has been the topic of several recent analyst reports. Morgan Stanley increased their price objective on shares of TransUnion from $50.00 to $51.00 and gave the stock an “overweight” rating in a report on Monday, October 23rd. Deutsche Bank reiterated a “buy” rating and set a $55.00 price objective (up from $50.00) on shares of TransUnion in a report on Tuesday, October 24th. Royal Bank of Canada reissued a “buy” rating and set a $57.00 target price on shares of TransUnion in a research report on Friday, October 27th. Stifel Nicolaus reissued a “buy” rating and set a $59.00 target price (up previously from $50.00) on shares of TransUnion in a research report on Sunday, October 29th. Finally, SunTrust Banks increased their target price on shares of TransUnion to $64.00 and gave the stock a “buy” rating in a research report on Monday, October 30th. One investment analyst has rated the stock with a hold rating, eleven 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 $58.73.

In other news, CEO James M. Peck sold 200,000 shares of the stock in a transaction dated Wednesday, December 13th. The shares were sold at an average price of $54.74, for a total transaction of $10,948,000.00. Following the transaction, the chief executive officer now directly owns 402,343 shares in the company, valued at approximately $22,024,255.82. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP John T. Danaher sold 25,000 shares of the stock in a transaction dated Tuesday, December 5th. The stock was sold at an average price of $54.92, for a total transaction of $1,373,000.00. Following the transaction, the executive vice president now owns 61,619 shares in the company, valued at $3,384,115.48. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 710,832 shares of company stock worth $39,007,900. Insiders own 2.10% of the company’s stock.

A number of large investors have recently modified their holdings of the business. The Manufacturers Life Insurance Company grew its position in TransUnion by 8.0% in 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. Strs Ohio acquired a new stake in TransUnion in the fourth quarter valued at approximately $107,000. Valeo Financial Advisors LLC acquired a new stake in TransUnion in the fourth quarter valued at approximately $113,000. Highland Capital Management LLC grew its position in TransUnion by 30.0% in the fourth quarter. Highland Capital Management LLC now owns 9,111 shares of the business services provider’s stock valued at $501,000 after acquiring an additional 2,104 shares in the last quarter. Finally, LS Investment Advisors LLC acquired a new stake in TransUnion in the fourth quarter valued at approximately $131,000.

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About TransUnion

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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