TransUnion (TRU) EVP Christopher A. Cartwright Sells 85,175 Shares
TransUnion (NYSE:TRU) EVP Christopher A. Cartwright sold 85,175 shares of the firm’s stock in a transaction that occurred on Thursday, November 16th. The shares were sold at an average price of $54.18, for a total value of $4,614,781.50. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
Shares of TransUnion (TRU) traded down $0.30 during mid-day trading on Monday, hitting $54.99. The company had a trading volume of 884,782 shares, compared to its average volume of 1,387,740. TransUnion has a 52-week low of $28.92 and a 52-week high of $55.75. The company has a debt-to-equity ratio of 1.51, a current ratio of 1.84 and a quick ratio of 1.84. The company has a market cap of $10,084.25, a price-to-earnings ratio of 32.72, a P/E/G ratio of 3.24 and a beta of 0.62.
TransUnion (NYSE:TRU) last issued its quarterly earnings results on Friday, October 27th. The business services provider reported $0.49 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.43 by $0.06. TransUnion had a return on equity of 21.37% and a net margin of 13.17%. The firm had revenue of $498.00 million during the quarter, compared to analyst estimates of $475.52 million. During the same period last year, the company earned $0.38 EPS. TransUnion’s quarterly revenue was up 13.8% compared to the same quarter last year. equities research analysts anticipate that TransUnion will post 1.71 earnings per share for the current fiscal year.
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Hedge funds have recently modified their holdings of the stock. California State Teachers Retirement System lifted its stake in shares of TransUnion by 116.1% during the 2nd quarter. California State Teachers Retirement System now owns 227,221 shares of the business services provider’s stock worth $9,841,000 after acquiring an additional 122,093 shares during the last quarter. State of Wisconsin Investment Board lifted its stake in shares of TransUnion by 141.8% during the 2nd quarter. State of Wisconsin Investment Board now owns 25,408 shares of the business services provider’s stock worth $1,100,000 after acquiring an additional 14,900 shares during the last quarter. Eagle Asset Management Inc. bought a new stake in shares of TransUnion during the 2nd quarter worth approximately $41,015,000. Sumitomo Mitsui Trust Holdings Inc. lifted its stake in shares of TransUnion by 1,297.5% during the 2nd quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 164,900 shares of the business services provider’s stock worth $7,142,000 after acquiring an additional 153,100 shares during the last quarter. Finally, Federated Investors Inc. PA lifted its stake in shares of TransUnion by 46.9% during the 2nd quarter. Federated Investors Inc. PA now owns 187,584 shares of the business services provider’s stock worth $8,124,000 after acquiring an additional 59,853 shares during the last quarter.
Several research firms have recently issued reports on TRU. Morgan Stanley reaffirmed an “overweight” rating and issued a $50.00 price objective (up from $47.00) on shares of TransUnion in a research note on Wednesday, July 26th. Zacks Investment Research raised TransUnion from a “hold” rating to a “buy” rating and set a $54.00 price objective for the company in a research note on Thursday, September 7th. Atlantic Securities raised TransUnion from a “neutral” rating to an “overweight” rating in a research note on Friday. SunTrust Banks, Inc. raised their price objective on TransUnion to $64.00 and gave the company a “buy” rating in a research note on Monday, October 30th. Finally, Cowen and Company reaffirmed a “buy” rating and issued a $48.00 price objective on shares of TransUnion in a research note on Thursday, September 7th. One research analyst has rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company’s stock. TransUnion currently has a consensus rating of “Buy” and an average target price of $55.00.
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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