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.
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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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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