TransUnion (NYSE:TRU) EVP John T. Danaher sold 4,319 shares of the business’s stock in a transaction on Friday, August 9th. The stock was sold at an average price of $84.00, for a total value of $362,796.00. Following the transaction, the executive vice president now owns 69,492 shares of the company’s stock, valued at approximately $5,837,328. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
Shares of TransUnion stock opened at $80.83 on Friday. The company has a quick ratio of 1.51, a current ratio of 1.51 and a debt-to-equity ratio of 1.82. The firm has a market cap of $15.29 billion, a price-to-earnings ratio of 34.99, a price-to-earnings-growth ratio of 3.30 and a beta of 1.00. The business has a fifty day simple moving average of $78.28 and a 200-day simple moving average of $69.53. TransUnion has a fifty-two week low of $52.15 and a fifty-two week high of $84.71.
TransUnion (NYSE:TRU) last announced its quarterly earnings data on Tuesday, July 23rd. The business services provider reported $0.66 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.58 by $0.08. The business had revenue of $661.90 million during the quarter, compared to analyst estimates of $644.73 million. TransUnion had a return on equity of 22.94% and a net margin of 12.84%. The company’s revenue was up 17.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.62 earnings per share. Analysts anticipate that TransUnion will post 2.47 earnings per share for the current fiscal year.
Several hedge funds and other institutional investors have recently made changes to their positions in the company. Dimensional Fund Advisors LP lifted its holdings in shares of TransUnion by 8.0% during the fourth quarter. Dimensional Fund Advisors LP now owns 600,681 shares of the business services provider’s stock worth $34,116,000 after purchasing an additional 44,677 shares during the period. DNB Asset Management AS lifted its holdings in TransUnion by 6.2% in the first quarter. DNB Asset Management AS now owns 25,696 shares of the business services provider’s stock valued at $1,718,000 after acquiring an additional 1,509 shares during the period. Harel Insurance Investments & Financial Services Ltd. acquired a new stake in TransUnion in the first quarter valued at $80,000. IFM Investors Pty Ltd lifted its holdings in TransUnion by 15.3% in the first quarter. IFM Investors Pty Ltd now owns 12,888 shares of the business services provider’s stock valued at $861,000 after acquiring an additional 1,706 shares during the period. Finally, Bfsg LLC acquired a new stake in TransUnion in the first quarter valued at $501,000.
Several analysts have recently weighed in on the company. Zacks Investment Research upgraded TransUnion from a “hold” rating to a “buy” rating and set a $89.00 price objective for the company in a report on Monday, July 29th. JPMorgan Chase & Co. upped their price objective on TransUnion from $78.00 to $92.00 and gave the company an “overweight” rating in a report on Wednesday, July 24th. Deutsche Bank upped their price objective on TransUnion from $75.00 to $78.00 and gave the company a “buy” rating in a report on Tuesday, July 2nd. ValuEngine upgraded TransUnion from a “hold” rating to a “buy” rating in a report on Tuesday, June 11th. Finally, Atlantic Securities lowered TransUnion from an “overweight” rating to a “neutral” rating in a report on Tuesday, July 30th. Five analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $79.42.
TransUnion Company Profile
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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