TransUnion (NYSE:TRU)‘s stock had its “buy” rating reissued by SunTrust Banks, Inc. in a research note issued to investors on Friday.
A number of other brokerages also recently issued reports on TRU. Zacks Investment Research upgraded TransUnion from a “hold” rating to a “buy” rating and set a $56.00 price target on the stock in a research report on Wednesday. Cowen and Company reiterated a “buy” rating and set a $48.00 price target on shares of TransUnion in a research report on Thursday. Deutsche Bank AG reiterated a “buy” rating on shares of TransUnion in a research report on Friday, September 8th. Finally, BidaskClub upgraded TransUnion from a “buy” rating to a “strong-buy” rating in a research report on Monday, August 14th. One research analyst has rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of $48.33.
Shares of TransUnion (NYSE TRU) opened at 49.59 on Friday. TransUnion has a 52 week low of $28.92 and a 52 week high of $50.15. The company has a market cap of $9.02 billion, a P/E ratio of 42.68 and a beta of 0.58. The company’s 50-day moving average price is $46.59 and its 200 day moving average price is $46.59.
TransUnion (NYSE:TRU) last issued its earnings results on Tuesday, July 25th. The business services provider reported $0.47 EPS for the quarter, topping analysts’ consensus estimates of $0.44 by $0.03. The firm had revenue of $474.80 million for the quarter, compared to the consensus estimate of $464.77 million. TransUnion had a return on equity of 20.32% and a net margin of 12.08%. The company’s revenue was up 11.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.37 earnings per share. Equities research analysts anticipate that TransUnion will post $1.83 earnings per share for the current fiscal year.
In other news, EVP Samuel A. Hamood sold 21,341 shares of the firm’s stock in a transaction that occurred on Thursday, September 14th. The stock was sold at an average price of $42.95, for a total value of $916,595.95. Following the transaction, the executive vice president now owns 20,243 shares in the company, valued at $869,436.85. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CAO Timothy Elberfeld sold 902 shares of the firm’s stock in a transaction that occurred on Friday, July 28th. The shares were sold at an average price of $45.43, for a total value of $40,977.86. Following the completion of the transaction, the chief accounting officer now owns 15,423 shares in the company, valued at approximately $700,666.89. The disclosure for this sale can be found here. Insiders have sold 14,108,242 shares of company stock worth $643,363,096 in the last quarter. 2.10% of the stock is currently owned by company insiders.
Several hedge funds and other institutional investors have recently added to or reduced their stakes in TRU. Public Employees Retirement Association of Colorado lifted its position in shares of TransUnion by 138.6% in the second quarter. Public Employees Retirement Association of Colorado now owns 4,009 shares of the business services provider’s stock valued at $174,000 after acquiring an additional 2,329 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of TransUnion by 17.0% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,780 shares of the business services provider’s stock valued at $207,000 after acquiring an additional 694 shares in the last quarter. SG Americas Securities LLC purchased a new position in shares of TransUnion in the second quarter valued at approximately $212,000. Alpine Global Management LLC purchased a new position in shares of TransUnion in the second quarter valued at approximately $217,000. Finally, Schmidt P J Investment Management Inc. purchased a new position in shares of TransUnion in the second quarter valued at approximately $230,000.
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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