TransUnion (NYSE:TRU) CEO Christopher A. Cartwright sold 54,325 shares of the company’s stock in a transaction on Friday, November 15th. The shares were sold at an average price of $85.59, for a total transaction of $4,649,676.75. Following the sale, the chief executive officer now directly owns 210,303 shares in the company, valued at approximately $17,999,833.77. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
TRU stock opened at $85.88 on Wednesday. The company has a quick ratio of 1.42, a current ratio of 1.42 and a debt-to-equity ratio of 1.71. TransUnion has a twelve month low of $52.15 and a twelve month high of $86.66. The stock has a market capitalization of $16.16 billion, a price-to-earnings ratio of 37.18, a price-to-earnings-growth ratio of 2.37 and a beta of 0.99. The firm’s fifty day simple moving average is $81.75 and its two-hundred day simple moving average is $77.04.
TransUnion (NYSE:TRU) last posted its quarterly earnings data on Tuesday, October 22nd. The business services provider reported $0.76 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.71 by $0.05. TransUnion had a net margin of 14.17% and a return on equity of 23.59%. The business had revenue of $689.00 million for the quarter, compared to analysts’ expectations of $676.37 million. During the same quarter in the previous year, the business posted $0.65 earnings per share. The business’s revenue was up 14.1% compared to the same quarter last year. As a group, equities research analysts expect that TransUnion will post 2.55 EPS for the current year.
TRU has been the topic of a number of recent research reports. SunTrust Banks reaffirmed a “positive” rating and set a $90.00 price target on shares of TransUnion in a research note on Wednesday, July 24th. They noted that the move was a valuation call. William Blair reaffirmed an “outperform” rating on shares of TransUnion in a research note on Wednesday, October 23rd. Deutsche Bank upped their price target on shares of TransUnion from $78.00 to $85.00 and gave the company a “buy” rating in a research note on Wednesday, October 23rd. Morgan Stanley upped their price target on shares of TransUnion from $81.00 to $84.00 and gave the company an “equal weight” rating in a research note on Wednesday, October 23rd. Finally, Zacks Investment Research raised shares of TransUnion from a “hold” rating to a “buy” rating and set a $89.00 price target on the stock in a research note on Monday, July 29th. Six research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of $79.50.
Hedge funds have recently bought and sold shares of the business. Parallel Advisors LLC increased its position in TransUnion by 287.3% during the third quarter. Parallel Advisors LLC now owns 306 shares of the business services provider’s stock valued at $25,000 after acquiring an additional 227 shares during the last quarter. CSat Investment Advisory L.P. bought a new position in shares of TransUnion in the second quarter worth about $30,000. Cullen Frost Bankers Inc. grew its holdings in shares of TransUnion by 222.9% in the second quarter. Cullen Frost Bankers Inc. now owns 678 shares of the business services provider’s stock worth $50,000 after purchasing an additional 468 shares during the last quarter. CENTRAL TRUST Co bought a new position in shares of TransUnion in the second quarter worth about $54,000. Finally, Massey Quick Simon & CO. LLC bought a new position in shares of TransUnion in the third quarter worth about $99,000. Institutional investors and hedge funds own 98.15% of the company’s stock.
TransUnion provides risk and information solutions. The company operates in three segments: U.S. Information Services (USIS), International, and Consumer Interactive. The USIS segment provides consumer reports, risk scores, and analytical and decisioning services for businesses. These businesses use its services to acquire new customers; assess consumer ability to pay for services; identify cross-selling opportunities; measure and manage debt portfolio risk; collect debt; verify consumer identities; and investigate potential fraud.
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