TransUnion (TRU) Shares Gap Down to $54.95

TransUnion (NYSE:TRU)’s share price gapped down prior to trading on Wednesday . The stock had previously closed at $56.79, but opened at $54.95. TransUnion shares last traded at $55.59, with a volume of 858190 shares trading hands.

Several equities analysts have commented on TRU shares. Royal Bank of Canada reiterated a “buy” rating and issued a $57.00 price target on shares of TransUnion in a research note on Friday, October 27th. Zacks Investment Research lowered shares of TransUnion from a “buy” rating to a “hold” rating in a research note on Tuesday, January 2nd. Bank of America upgraded shares of TransUnion from a “neutral” rating to a “buy” rating in a research note on Thursday, January 18th. JPMorgan Chase & Co. increased their price target on shares of TransUnion from $54.00 to $60.00 and gave the company an “overweight” rating in a research note on Monday, October 30th. Finally, Barclays reiterated a “buy” rating and issued a $65.00 price target on shares of TransUnion in a research note on Friday, December 15th. 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 stock. TransUnion presently has a consensus rating of “Buy” and a consensus price target of $58.73.

The firm has a market cap of $10,600.41, a price-to-earnings ratio of 42.84, a price-to-earnings-growth ratio of 2.99 and a beta of 0.67. 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 quarterly earnings data on Tuesday, February 13th. The business services provider reported $0.50 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.45 by $0.05. The business had revenue of $506.10 million during the quarter, compared to the consensus estimate of $487.83 million. TransUnion had a return on equity of 21.37% and a net margin of 13.17%. The company’s revenue was up 16.1% compared to the same quarter last year. During the same period in the prior year, the company earned $0.44 earnings per share. research analysts anticipate that TransUnion will post 1.71 EPS for the current fiscal year.

In related news, EVP John T. Danaher sold 25,000 shares of the stock in a transaction on 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 completion of the sale, the executive vice president now directly owns 61,619 shares of the company’s stock, valued at $3,384,115.48. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Christopher A. Cartwright sold 234,565 shares of the stock in a transaction 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 sale, the executive vice president now directly 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 sold 796,007 shares of company stock valued at $43,622,682 over the last three months. Corporate insiders own 2.10% of the company’s stock.

Several hedge funds and other institutional investors have recently modified their holdings of TRU. PNC Financial Services Group Inc. acquired a new stake in shares of TransUnion during the second quarter worth $401,000. Northern Trust Corp lifted its holdings in shares of TransUnion by 43.4% during the second quarter. Northern Trust Corp now owns 607,329 shares of the business services provider’s stock worth $26,303,000 after purchasing an additional 183,760 shares during the period. Parametric Portfolio Associates LLC lifted its holdings in shares of TransUnion by 6.3% during the second quarter. Parametric Portfolio Associates LLC now owns 146,639 shares of the business services provider’s stock worth $6,351,000 after purchasing an additional 8,746 shares during the period. Dimensional Fund Advisors LP lifted its holdings in shares of TransUnion by 50.7% during the second quarter. Dimensional Fund Advisors LP now owns 469,589 shares of the business services provider’s stock worth $20,340,000 after purchasing an additional 157,956 shares during the period. Finally, Voya Investment Management LLC lifted its holdings in shares of TransUnion by 122.6% during the second quarter. Voya Investment Management LLC now owns 49,702 shares of the business services provider’s stock worth $2,153,000 after purchasing an additional 27,372 shares during the period.

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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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