TransUnion Sees Unusually High Options Volume (TRU)
TransUnion (NYSE:TRU) was the recipient of unusually large options trading activity on Wednesday. Stock investors purchased 1,267 put options on the company. This represents an increase of approximately 1,524% compared to the typical daily volume of 78 put options.
A number of research analysts recently issued reports on the stock. BidaskClub upgraded shares of TransUnion from a “buy” rating to a “strong-buy” rating in a research report on Monday, August 14th. Zacks Investment Research downgraded shares of TransUnion from a “buy” rating to a “hold” rating in a research report on Tuesday, September 26th. Stifel Nicolaus restated a “buy” rating and set a $59.00 price target (up previously from $50.00) on shares of TransUnion in a research note on Sunday, October 29th. SunTrust Banks boosted their price target on shares of TransUnion to $64.00 and gave the company a “buy” rating in a research note on Monday, October 30th. Finally, Morgan Stanley lowered shares of TransUnion from an “overweight” rating to an “equal weight” rating and set a $54.00 price target for the company. in a research note on Monday, October 30th. 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 company’s stock. The company presently has a consensus rating of “Buy” and an average price target of $55.00.
Shares of TransUnion (TRU) opened at $55.61 on Monday. The company has a market cap of $10,140.00 and a price-to-earnings ratio of 32.91. The company has a debt-to-equity ratio of 1.51, a quick ratio of 1.84 and a current ratio of 1.84. TransUnion has a one year low of $30.39 and a one year high of $56.44.
In related news, CFO Todd M. Cello sold 4,110 shares of the business’s stock in a transaction on Wednesday, November 1st. The shares were sold at an average price of $52.97, for a total transaction of $217,706.70. Following the transaction, the chief financial officer now owns 21,963 shares in the company, valued at approximately $1,163,380.11. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Samuel A. Hamood sold 21,341 shares of the business’s stock in a transaction on Thursday, September 14th. The shares were sold at an average price of $42.95, for a total transaction of $916,595.95. Following the transaction, the executive vice president now owns 20,243 shares in the company, valued at approximately $869,436.85. The disclosure for this sale can be found here. Insiders sold a total of 4,256,366 shares of company stock worth $222,165,192 in the last 90 days. Corporate insiders own 2.10% of the company’s stock.
Several hedge funds and other institutional investors have recently bought and sold shares of TRU. Atlanta Capital Management Co. L L C grew its stake in shares of TransUnion by 43.6% in the 2nd quarter. Atlanta Capital Management Co. L L C now owns 8,359,334 shares of the business services provider’s stock worth $362,043,000 after acquiring an additional 2,536,898 shares in the last quarter. Egerton Capital UK LLP grew its stake in shares of 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 acquiring an additional 2,444,617 shares in the last quarter. Artisan Partners Limited Partnership bought a new stake in shares of TransUnion in the 3rd quarter worth $99,632,000. TimesSquare Capital Management LLC grew its stake in shares of 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 acquiring an additional 1,725,300 shares in the last quarter. Finally, BlackRock Inc. grew its stake in shares of TransUnion by 49.1% in the 2nd quarter. BlackRock Inc. now owns 4,841,716 shares of the business services provider’s stock worth $209,693,000 after acquiring an additional 1,594,833 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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