Traders Sell TransUnion (TRU) on Strength (TRU)
Investors sold shares of TransUnion (NYSE:TRU) on strength during trading hours on Thursday. $26.84 million flowed into the stock on the tick-up and $77.55 million flowed out of the stock on the tick-down, for a money net flow of $50.71 million out of the stock. Of all companies tracked, TransUnion had the 0th highest net out-flow for the day. TransUnion traded up $0.44 for the day and closed at $55.17
TRU has been the topic of several research analyst reports. Deutsche Bank restated a “buy” rating on shares of TransUnion in a research note on Friday, September 8th. Zacks Investment Research cut TransUnion from a “buy” rating to a “hold” rating in a research note on Wednesday, September 13th. Barclays restated an “overweight” rating and set a $50.00 price objective (up from $48.00) on shares of TransUnion in a research note on Thursday, September 14th. Cowen restated a “buy” rating and set a $48.00 price objective on shares of TransUnion in a research note on Thursday, October 12th. Finally, SunTrust Banks restated a “buy” rating and set a $56.00 price objective on shares of TransUnion in a research note on Friday, October 13th. One research analyst has rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $56.90.
The company has a current ratio of 1.84, a quick ratio of 1.84 and a debt-to-equity ratio of 1.51. The company has a market capitalization of $9,982.11, a P/E ratio of 43.78, a PEG ratio of 2.82 and a beta of 0.64.
TransUnion (NYSE:TRU) last posted its earnings results on Friday, October 27th. The business services provider reported $0.49 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.43 by $0.06. The company had revenue of $498.00 million for the quarter, compared to analysts’ expectations of $475.52 million. TransUnion had a return on equity of 21.37% and a net margin of 13.17%. The firm’s quarterly revenue was up 13.8% compared to the same quarter last year. During the same period last year, the business posted $0.38 earnings per share. equities analysts expect that TransUnion will post 1.71 earnings per share for the current fiscal year.
In other TransUnion news, CEO James M. Peck sold 200,000 shares of the firm’s stock in a transaction on Wednesday, December 13th. The stock was sold at an average price of $54.74, for a total value of $10,948,000.00. Following the sale, the chief executive officer now directly owns 402,343 shares in the company, valued at $22,024,255.82. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider James M. Peck sold 215,381 shares of the firm’s stock in a transaction on Friday, December 15th. The shares were sold at an average price of $54.80, for a total value of $11,802,878.80. Following the completion of the sale, the insider now owns 402,343 shares in the company, valued at $22,048,396.40. The disclosure for this sale can be found here. Insiders sold 4,630,224 shares of company stock worth $243,986,497 over the last quarter. 2.10% of the stock is currently owned by company insiders.
A number of hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. lifted its stake in TransUnion by 17.6% in the second quarter. Vanguard Group Inc. now owns 9,731,758 shares of the business services provider’s stock valued at $421,483,000 after buying an additional 1,458,148 shares during the last quarter. Atlanta Capital Management Co. L L C lifted its stake in TransUnion by 43.6% in the second quarter. Atlanta Capital Management Co. L L C now owns 8,359,334 shares of the business services provider’s stock valued at $362,043,000 after buying an additional 2,536,898 shares during the last quarter. FMR LLC lifted its stake in TransUnion by 25.8% in the second quarter. FMR LLC now owns 7,589,877 shares of the business services provider’s stock valued at $328,718,000 after buying an additional 1,557,572 shares during the last quarter. BlackRock Inc. raised its stake in shares of TransUnion by 49.1% during the second quarter. BlackRock Inc. now owns 4,841,716 shares of the business services provider’s stock valued at $209,693,000 after purchasing an additional 1,594,833 shares in the last quarter. Finally, Egerton Capital UK LLP raised its stake in shares of TransUnion by 114.8% during the third quarter. Egerton Capital UK LLP now owns 4,574,259 shares of the business services provider’s stock valued at $216,179,000 after purchasing an additional 2,444,617 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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