TransUnion (NYSE:TRU) EVP David M. Neenan sold 50,000 shares of the company’s stock in a transaction on Wednesday, March 14th. The shares were sold at an average price of $58.42, for a total value of $2,921,000.00. Following the transaction, the executive vice president now directly owns 99,583 shares in the company, valued at approximately $5,817,638.86. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Shares of TransUnion (NYSE TRU) traded down $1.15 during trading on Friday, hitting $56.99. The company’s stock had a trading volume of 691,822 shares, compared to its average volume of 1,368,881. TransUnion has a 12 month low of $36.95 and a 12 month high of $61.42. The company has a market capitalization of $10,870.96, a P/E ratio of 34.42, a P/E/G ratio of 2.82 and a beta of 0.73. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 1.29.
TransUnion (NYSE:TRU) last announced its quarterly earnings results on Tuesday, February 13th. The business services provider reported $0.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.45 by $0.05. TransUnion had a return on equity of 20.73% and a net margin of 22.81%. The company had revenue of $506.10 million during the quarter, compared to the consensus estimate of $487.83 million. During the same period in the prior year, the company earned $0.44 earnings per share. The company’s revenue for the quarter was up 16.1% compared to the same quarter last year. equities research analysts expect that TransUnion will post 2.1 EPS for the current fiscal year.
Several equities analysts have recently issued reports on TRU shares. Zacks Investment Research raised TransUnion from a “hold” rating to a “buy” rating and set a $62.00 price target on the stock in a research note on Friday, January 5th. Bank of America raised TransUnion from a “neutral” rating to a “buy” rating in a research note on Thursday, January 18th. Royal Bank of Canada upped their price target on TransUnion to $67.00 and gave the company an “outperform” rating in a research note on Friday, January 19th. Barclays reaffirmed a “buy” rating and set a $65.00 price target on shares of TransUnion in a research note on Friday, December 15th. Finally, Morgan Stanley increased their target price on TransUnion from $54.00 to $58.00 and gave the company an “equal weight” rating in a research note on Wednesday, January 31st. One analyst has rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. TransUnion has a consensus rating of “Buy” and a consensus price target of $58.64.
Several institutional investors have recently made changes to their positions in the business. The Manufacturers Life Insurance Company increased its holdings in shares of 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 worth $238,000 after acquiring an additional 404 shares in the last quarter. Strs Ohio bought a new position in shares of TransUnion during the fourth quarter worth about $107,000. Valeo Financial Advisors LLC bought a new position in shares of TransUnion during the fourth quarter worth about $113,000. Highland Capital Management LLC grew its holdings in shares of TransUnion by 30.0% during the fourth quarter. Highland Capital Management LLC now owns 9,111 shares of the business services provider’s stock worth $501,000 after buying an additional 2,104 shares in the last quarter. Finally, LS Investment Advisors LLC bought a new position in shares of TransUnion during the fourth quarter worth about $131,000.
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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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