TransUnion (TRU) Shares Down 5.5%

TransUnion (NYSE:TRU) fell 5.5% during mid-day trading on Tuesday . The company traded as low as $53.11 and last traded at $54.95. 3,729,502 shares traded hands during trading, an increase of 226% from the average session volume of 1,144,843 shares. The stock had previously closed at $58.12.

A number of research firms have issued reports on TRU. Morgan Stanley boosted their price target on TransUnion from $54.00 to $58.00 and gave the company an “equal weight” rating in a research note on Wednesday, January 31st. Royal Bank of Canada boosted their price target on TransUnion to $67.00 and gave the company an “outperform” rating in a research note on Friday, January 19th. Bank of America upgraded TransUnion from a “neutral” rating to a “buy” rating in a research note on Thursday, January 18th. Zacks Investment Research upgraded TransUnion from a “hold” rating to a “buy” rating and set a $64.00 price target for the company in a research note on Friday, January 12th. Finally, Robert W. Baird restated a “buy” rating and set a $62.00 price target on shares of TransUnion in a research note on Tuesday, January 9th. One analyst has rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $58.73.

The firm has a market capitalization of $10,600.41, a P/E ratio of 42.94, a PEG 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 announced its quarterly earnings data on Tuesday, February 13th. The business services provider reported $0.50 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.45 by $0.05. The company 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 firm’s revenue was up 16.1% on a year-over-year basis. During the same period in the previous year, the company posted $0.44 EPS. equities analysts predict that TransUnion will post 1.71 earnings per share for the current fiscal year.

In related news, CEO James M. Peck sold 200,000 shares of the business’s stock in a transaction that occurred on Wednesday, December 13th. The stock was sold at an average price of $54.74, for a total transaction of $10,948,000.00. Following the completion of 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 filing with the SEC, which is available at this hyperlink. Also, EVP John T. Danaher sold 25,000 shares of the business’s stock in a transaction that occurred on Tuesday, December 5th. The shares were sold at an average price of $54.92, for a total value of $1,373,000.00. Following the transaction, the executive vice president now owns 61,619 shares of the company’s stock, 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 valued at $39,007,900. 2.10% of the stock is currently owned by corporate insiders.

A number of hedge funds and other institutional investors have recently bought and sold shares of TRU. Egerton Capital UK LLP lifted its holdings in TransUnion by 114.8% in the 3rd quarter. Egerton Capital UK LLP now owns 4,574,259 shares of the business services provider’s stock worth $216,179,000 after purchasing an additional 2,444,617 shares in the last quarter. Artisan Partners Limited Partnership purchased a new position in TransUnion in the 3rd quarter worth approximately $99,632,000. TimesSquare Capital Management LLC lifted its holdings in TransUnion by 80.4% in the 3rd quarter. TimesSquare Capital Management LLC now owns 3,871,900 shares of the business services provider’s stock worth $182,986,000 after purchasing an additional 1,725,300 shares in the last quarter. BlackRock Inc. lifted its holdings in TransUnion by 26.9% in the 4th quarter. BlackRock Inc. now owns 7,414,930 shares of the business services provider’s stock worth $407,523,000 after purchasing an additional 1,574,041 shares in the last quarter. Finally, Farallon Capital Management LLC lifted its holdings in TransUnion by 61.7% in the 4th quarter. Farallon Capital Management LLC now owns 3,754,262 shares of the business services provider’s stock worth $206,334,000 after purchasing an additional 1,432,104 shares in the last quarter.

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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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