Several other equities analysts also recently commented on the stock. TheStreet raised shares of TransUnion from a c rating to a b- rating in a research note on Monday, June 26th. Morgan Stanley reissued an overweight rating and issued a $47.00 price objective (up previously from $45.00) on shares of TransUnion in a research note on Tuesday, July 18th. Zacks Investment Research raised shares of TransUnion from a hold rating to a buy rating and set a $51.00 price objective for the company in a research note on Thursday, July 27th. Barclays PLC reissued an overweight rating and issued a $48.00 price objective (up previously from $45.00) on shares of TransUnion in a research note on Friday, June 16th. Finally, Cowen and Company reissued a buy rating and issued a $48.00 price objective on shares of TransUnion in a research note on Friday, July 28th. One analyst has rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the stock. The stock has an average rating of Buy and a consensus target price of $47.89.
Shares of TransUnion (NYSE:TRU) opened at 47.86 on Friday. The firm has a market cap of $8.71 billion, a price-to-earnings ratio of 41.19 and a beta of 0.60. TransUnion has a one year low of $28.92 and a one year high of $49.46. The company has a 50 day moving average of $46.57 and a 200-day moving average of $42.20.
TransUnion (NYSE:TRU) last issued its quarterly earnings data on Tuesday, July 25th. The business services provider reported $0.47 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.44 by $0.03. The business had revenue of $474.80 million during the quarter, compared to the consensus estimate of $464.77 million. TransUnion had a net margin of 12.08% and a return on equity of 20.32%. The firm’s revenue was up 11.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.37 EPS. On average, analysts expect that TransUnion will post $1.83 EPS for the current year.
In other TransUnion news, insider James M. Peck sold 75,658 shares of the company’s stock in a transaction that occurred on Friday, July 28th. The shares were sold at an average price of $45.46, for a total value of $3,439,412.68. Following the completion of the transaction, the insider now directly owns 276,284 shares in the company, valued at approximately $12,559,870.64. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CAO Timothy Elberfeld sold 902 shares of the company’s stock in a transaction that occurred on Friday, July 28th. The shares were sold at an average price of $45.43, for a total transaction of $40,977.86. Following the completion of the transaction, the chief accounting officer now owns 15,423 shares of the company’s stock, valued at $700,666.89. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 14,086,719 shares of company stock valued at $642,437,522. Corporate insiders own 2.10% of the company’s stock.
A number of hedge funds and other institutional investors have recently made changes to their positions in TRU. Zurcher Kantonalbank Zurich Cantonalbank increased its position in TransUnion by 37.2% in the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,086 shares of the business services provider’s stock valued at $157,000 after acquiring an additional 1,108 shares during the period. Public Employees Retirement Association of Colorado increased its position in TransUnion by 138.6% in the 2nd quarter. Public Employees Retirement Association of Colorado now owns 4,009 shares of the business services provider’s stock valued at $174,000 after acquiring an additional 2,329 shares during the period. SG Americas Securities LLC acquired a new position in TransUnion in the 2nd quarter valued at approximately $212,000. Alpine Global Management LLC acquired a new position in TransUnion in the 2nd quarter valued at approximately $217,000. Finally, Schmidt P J Investment Management Inc. acquired a new position in TransUnion in the 2nd quarter valued at approximately $230,000.
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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